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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

______________________________


FORM 8-K



CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934


Date of Report (Date of earliest event reported): March 2, 2012


Clear Skies Solar, Inc.

 (Exact name of Registrant as specified in its charter)



Delaware

 

000-53105

 

30-0401535

(State or other jurisdiction of incorporation)

 

(Commission File Number)

 

(IRS Employer Identification No.)




40 Commerce Drive, Farmingdale, NY

 

11735-1206

(Address Of Principal Executive Office)

 

(Zip Code)


Registrant's telephone number, including area code: (516) 282-7652





Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


      .   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


      .   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


      .   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


      .   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))




 

Item 8.01

Other Events


Clear Skies Solar, Inc. today announced that it had terminated installation of residential solar systems and suspended further sales of commercial solar projects due to a lack of funding.  It continues to actively seek project funding for its commercial portfolio projects and plans on completing existing cash projects currently under contract. Clear Skies plans on resuming sales upon obtaining project funding



SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.



Clear Skies Solar, Inc.


Dated:  March 2, 2012

By:      /s/ Ezra Green                 

Ezra Green,

Chief Executive Officer




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