Can Domestic Solar Industry Gains Influence Presidential Campaign Politics?
On the Move Systems (otcqb:OMVS), a company focused on the development of profitable new solar energy technologies, is positioning itself to capitalize on continued public demand and political support for green technology.
The U.S. Solar Energy Trade Assessment 2011 report by the Solar Energy Industries Association (SEIA) and GTM Research states that 2010 was a record year for the U.S. solar manufacturing industry. Exports totaled more than $5.6 billion, with China and Germany emerging as the leading destinations for U.S.-sourced solar components.
“The U.S. solar energy market continues to be a bright spot in an otherwise bleak economy. As the global solar industry continues to grow and evolve, the U.S. is seen more and more as a leading market — both in installations and in exports. Solar is a showcase industry of U.S. ingenuity. In 2010, we grew by over 100 percent, we achieved a significant positive trade balance, and we exported more goods and services to China than we imported,” said Rhone Resch, president and CEO of SEIA. “Solar energy is an industry invented in the U.S. that is helping our country reclaim our manufacturing leadership and creating tens of thousands of jobs. But to maintain our competitive advantage, we need innovative, proactive solutions from policymakers to match the investments being provided overseas to grow robust solar supply chains.
“Doing so will result in new jobs and opportunities for communities that have seen their factories close up shop in recent years,” he added.
Such positive economic news makes solar incentives an attractive proposition for politicians seeking answers to voters’ concerns over energy costs and global warming.
“Solar innovations make sense for our country, our environment, and our bottom line,” said OMVS CEO Chet Gutowsky. “Solar energy is a true solution that addresses our nation’s environmental and economic needs, and OMVS is working to capitalize on the industry’s continued growth.”
To learn more about On the Move Systems’ solar industry platform, please visit http://www.onthemovesystems.com/investor-relations.html .
In addition to cutting-edge automotive aftermarket electronics, On the Move Systems is working to commercialize early-stage green technology to compete in an energy sector that includes SunPower Corporation /quotes/zigman/97912/quotes/nls/spwra SPWRA +0.42% , First Solar, Inc. /quotes/zigman/102025/quotes/nls/fslr FSLR -1.32% , Suntech Power Holdings Co., Ltd. /quotes/zigman/396900/quotes/nls/stp STP 0.00% and LDK Solar Co. (ADR) /quotes/zigman/466992/quotes/nls/ldk LDK -2.67% .
About On the Move Systems, Inc.
On the Move Systems, Inc. (otcqb:OMVS) is a growth-oriented company that acquires and commercializes cutting-edge automotive electronics and energy technologies. The company continually pursues partnerships with technology innovators with the intent of diversifying its customer base and developing unique products, processes and material innovations that will fuel new business opportunities. OMVS is an OTCQB publicly traded company. For more information, please visit our website at http://www.OnTheMoveSystems.com . For investing info and performance data on On the Move Systems, please visit http://www.OnTheMoveSystems.com/investor-relations.html .
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words “believes,” “expects,” “anticipate” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone’s past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.
SOURCE: On the Move Systems, Incleading market, policy discussions, politics, proactive solutions, solar energy industries, Solar Energy Industries Association, solar energy technologies, solar industry, solar power investments, solar supply, trade assessment, us race
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