Initial Grant for Solar Panel Project
By admin | Published: October 17th, 2013
Scottsdale, AZ – April 17, 2009 – Delta Mutual (OTCBB: DLTM) announced that its joint venture partner, Security Systems International, Inc. (SSI) of Scottsdale AZ has received confirmation that the first grant money from the Renewable Energy and Energy-Efficient Technologies Grants Program of the State of Florida has been awarded to SSI’s client, Willard & Kelsey Solar Group, LLC (W&K), in the initial amount of $2.5 million. These funds will be used by W&K to construct a manufacturing facility that will produce solar photovoltaic panels in Bay County, Florida.
Pursuant to its agreement with W&K, SSI will receive a commission to obtain up to $55 million in financing, grants or other assets for the construction of a W&K facility to manufacture solar panels in the State of Florida.
About Delta Mutual
Delta Mutual, Inc. is an international company specializing in oil and natural gas exploration, production and remediation. Its vision is the production of alternate sources of energy such as solar and other power applications as well as providing technologies to enhance alternative energy sources beyond the fossil and other traditional sources. The Company’s subsidiaries provide technology and management expertise to partner companies which are currently operating and in the Middle East and South America. The Company’s current business activities are conducted through the South American Hedge Fund which has investments in oil and gas concessions in South America and Delta Envirotech, Inc., which focuses on energy recovery and environmental services in the Middle East.
Willard & Kelsey Group is a private firm based in Ohio with a history in the solar panel industry. Several of its officers and engineers hold patents tat are still used in solar production.
Forward Looking Statement
This Press Release contains forward-looking statements that involve risks and uncertainties, which may include statements about business strategy and development plans, plans for entering new business, anticipated sources of funds, including proceeds from future operations and plans, objectives, expectations and intentions contained in this Press Release that are not historical facts. Because these forward looking statements involve risk and uncertainties, actual results could differ materially from those discussed in this Press Release. These risks are outlined in our SEC filings.
Contact: Delta Mutual, Inc. Malcolm W. Sherman, Executive Vice President 602-432-3887