ZAP Taps into Solar Energy|
SEBASTOPOL, Calif., March 5, 2001 (PRIMEZONE) -- A strategic alliance has been formed between two of the leaders in alternative energy and transportation. Electric vehicle maker ZAPWORLD.COM (Nasdaq:ZAPP - news) and solar contractor Sun Pirate are teaming up so consumers can ``ZAP'' their utility bills with solar energy.
Management for each of the two companies has more than 25 years of experience in the solar energy field, including solar electric and hot water systems. ZAPWORLD.COM (ZAP), which stands for 'Zero Air Pollution,' has been offering optional solar panels for its electric vehicles and has seen an increase in the demand from its consumers for larger power systems.
``Just like alternative transportation, the technology for alternative energy is here -- all it takes is the leadership to bring it to market,'' said ZAP CEO Gary Starr. ``ZAP wants to fill that leadership role in bringing solar energy to more of our electric vehicle customers while expanding the market for solar.''
In California, rising energy prices are sparking demand for photovoltaic and solar hot water systems. Roger Coghlan of Sun Pirate says the demand for solar systems has outgrown his capacity and the alliance with ZAP will help him grow. ZAP and Sun Pirate will be offering ``pre-packaged'' solar systems as well as custom consulting and installations for commercial projects.
``With solar, you can ZAP your utility bills forever,'' says Coghlan. ``If you own a swimming pool, it no longer makes economic sense to heat it with natural gas. Solar is the only cost-effective alternative and can extend the swimming season. Solar for hot water in many cases can also greatly lower your utility bill. Recent government incentives combined with rising electric bills can also make solar electric or photovoltaics practical for the first time.''
ZAP helped pioneer the U.S. electric bike market in 1994 and is recognized as a worldwide leader in electric transportation. The California-based company is publicly owned and trades on the NASDAQ Small Cap exchange under the symbol ZAPP. For more information, visit http://www.zapworld.com
or call toll-free at 1-800-251-4555.