Sunworks to Complete Solar Roof Mount and Carport Installation for Meridian Terrace Mobile Home Park
May 22 2018 - 8:00AM
Sunworks, Inc. (NASDAQ:SUNW), a premier provider of high
performance solar power solutions for agriculture, commercial,
industrial (ACI), public works and residential markets, today
announced a new agreement to install a 1.0 megawatt (mW) solar
system for Meridian Terrace Mobile Home Park, a San Bernardino,
California-based mobile home community of 268 homes. The Sunworks
solar installation is scheduled for completion in the second half
of 2018 and is expected to produce a majority of the property's
electricity needs within its first year of operation.
Sunworks' Chief Executive Officer Chuck Cargile said, "The
cost-effective solar power generated by our systems will help
control electricity costs and provide clean energy to more than 200
mobile homes. In addition, 'Park N' Shade' structures will enhance
the common areas within the community providing its residents with
a number of tangible conveniences and benefits.”
Sunworks was awarded this project in partnership with Alacrity
Energy and Westland Real Estate Group. Alacrity Energy LLC
represents Westland RE Group to acquire solar systems for their
vast real estate holdings of 11,000 commercial and residential
units.
“We are thrilled to have the opportunity to manage the Meridian
Terrace solar installation,” said Yitzy Geisinsky, President of
Alacrity Energy, who is overseeing the project on behalf of
Westland. “We were delighted to choose Sunworks based on their
thorough attention to detail and impressive accomplishments,” he
added.
About Sunworks
Sunworks, Inc. (NASDAQ:SUNW) is a premier provider of high
performance solar power systems. We are committed to quality
business practices that exceed industry standards and uphold our
ideals of ethics and safety.
Sunworks continues to grow its presence, expanding nationally
with regional and local offices. We strive to consistently deliver
high quality, performance oriented solutions for customers in a
wide range of industries including agricultural, commercial and
industrial, federal, public works, and residential.
Our dedication to excellence is reflected in our 25-year
warranty, a benchmark that we stand by to support our customers
above and beyond their expectations.
Sunworks’ diverse, seasoned workforce includes distinguished
veterans who bring a sense of pride, discipline, and
professionalism to their interaction with customers.
All of our employees uphold our company’s guiding principles
each day. Sunworks is a member of the Solar Energy Industries
Association (SEIA) and is a proud advocate for the advancement of
solar power.
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.
Media ContactRita EdwardsDirector
of Marketing, Sunworks, Inc.Tel.
916.409.6900redwards@sunworksusa.com
Investor Relations Contact:Rob Fink
Hayden IR 646-415-8972rob@haydenir.com
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