Lightway Solar America Enters Into Agreement with Pristine Sun to Supply 11.8 MW of Solar Modules

ISELIN, N.J., Oct. 29, 2012 (SEND2PRESS NEWSWIRE) — Lightway Solar America, Inc., the U.S. subsidiary of Lightway Green New Energy Co., Ltd., and Pristine Sun, LLC have entered in an agreement whereas Lightway will supply 11.8 megawatts of solar panels for 12 projects located throughout California ranging from 325 KW to 1.95 MW. The Supply Agreement was structured to have Lightway’s project development subsidiary, LWSA Project Development LLC, invest a total of $2.55M in exchange for equity ownership.