Sunergy Initiates Small Scale Solar Power Project in Liberia by Seeking Support From USAID and Obama Power Africa, and GBG Signs $25 Million Letter of Intent

SCOTTSDALE, AZ, OTC PINK, SNEY (Marketwired) 11/17/15 Sunergy, Inc. ( Sunergy or the Company ) (OTC PINK: SNEY) initiates their Liberia Solar Power Project with its submission on November 18, 2015 to USAID, in Washington, DC, designed to help start a small scale solar power project to supply much needed power to The John F. Kennedy Hospital in Monrovia, Liberia. On August 4, 2015, Sunergy Liberia Limited and its US based IPP partner submitted an expression of interest to the Ministry of Lands, Mines and Energy in Liberia, to design, develop, finance, own and operate a utility scale solar power project of 50+ MW, to add solar power to the much needed current power requirements for Liberia. This proposal would qualify for support from the Obama Power Africa Funding program. On August 25, 2015, The Ministry responded and encouraged our consortium to initially undertake the development of a small scale solar power solution for the JFK Hospital in Monrovia, Liberia. This small scale projec
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