Solar3D's SUNworks to Provide Solar Power for New Northern California Subdivisions
June 04 2014 - 3:07AM
Marketwired
Solar3D's SUNworks to Provide Solar Power for New Northern
California Subdivisions
SUNworks Partners With Atkinson Homes and Enters Into the "New
Homes" Market by Offering Home Buyers Both Purchase & Leased
Solar Systems
ROSEVILLE, CA--(Marketwired - Jun 4, 2014) - Solar3D, Inc.
(OTCQB: SLTD), a leading solar power company and the developer of a
proprietary high efficiency solar cell, announced that its SUNworks
Division has formally entered into the "New Homes" market by
partnering with Atkinson Homes. SUNworks also announced that it
will offer home buyers within the Heartland Homes Community an
option to either purchase or lease residential solar systems. This
offering is unique within the solar industry, as most solar
integrators usually offer only leased systems to new home
buyers.
"We believe that this unique offering by SUNworks provides a
better solution for our development and our buyers," said Virgil
Atkinson, President of Atkinson Construction & Development. "We
seek to offer our new home buyers a great offering, with our
quality constructions and the option to purchase or lease a
SUNworks custom solar system."
Atkinson Construction and Development has built subdivisions in
the Yuba-Sutter area since the 80s. The company's focus is on
quality, as each home is built 15% above the standard Title 24
requirements.
"SUNworks was selected for the job because of its commitment to
quality," stated Abe Emard, CEO of SUNworks. "The partnership
between Atkinson Homes and SUNworks to complete 200 homes
complements our residential retrofit division nicely. We expect our
New Home Solar Division to grow exponentially over the next few
years and potentially become one of the largest residential
divisions within the sector."
SUNworks is focused on the design, installation and management
of solar systems for agricultural, commercial, and residential
customers. SUNworks has delivered hundreds of 2.5 kilowatt to
1-megawatt commercial systems and has the capability to deliver
systems as big as 25 megawatts. The first full quarter of
consolidated financial results for Solar3D and SUNworks will be
reported after June 30 of this year.
Solar3D's mission is to provide superior products and service at
an affordable price. Jim Nelson, CEO of Solar3D, concluded, "This
is an exciting time as we see the solar market reacting favorably
to the quality work provided by the SUNworks team. New partnerships
and substantial contracts are driving growth. Also, we continue to
make good progress on the third generation prototype of our
3-dimensional solar cell.
About Solar3D, Inc.
Solar3D is a leading provider of solar power solutions and the
developer of a proprietary high efficiency solar cell. The
company's SUNworks division focuses on the design, installation and
management of solar power systems for commercial, agricultural and
residential customers. SUNworks is one of the fastest growing solar
systems providers in California and has delivered hundreds of 2.5
kilowatt to 1-megawatt commercial systems and has the capability of
providing systems as large as 25 megawatts. Solar3D's technology
division is developing a patent-pending 3-dimensional solar cell
technology to maximize the conversion of sunlight into electricity.
The Solar3D Cell collects sunlight from a wide angle and lets light
bounce around in 3-dimensional microstructures on the solar cell
surface. The Company's mission is to further the widespread
adoption of solar power by deploying affordable, state-of-the-art
systems and developing breakthrough new solar technologies.
To learn more about Solar3D, visit our website at
http://www.Solar3D.com.
Safe Harbor Statement
Matters discussed in this press release contain forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. When used in this press release, the words
"anticipate," "believe," "estimate," "may," "intend," "expect" and
similar expressions identify such forward-looking statements.
Actual results, performance or achievements could differ materially
from those contemplated, expressed or implied by the
forward-looking statements contained herein. These forward-looking
statements are based largely on the expectations of the Company and
are subject to a number of risks and uncertainties. These risks
include, but are not limited to, risks and uncertainties associated
with: the impact of economic, competitive and other factors
affecting the Company and its operations, markets, products, and
prospects for sales, failure to commercialize our technology,
failure of technology to perform as expected, failure to earn
profit or revenue, higher costs than expected, persistent operating
losses, ownership dilution, inability to repay debt, failure of
acquired businesses to perform as expected, the impact on the
national and local economies resulting from terrorist actions, and
U.S. actions subsequently; and other factors detailed in reports
filed by the Company.
Press Contact:
Jim Nelson Email Contact 805/690-9000
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