iSun Inc. Wins $5.9 Million in New Solar Projects
January 20 2023 - 08:45AM
Business Wire
New Awards Demonstrate Commercial Growth and
Customer Confidence
iSun, Inc. (NASDAQ: ISUN) (the "Company," or "iSun"), a leading
solar energy and clean mobility infrastructure company with
50-years of experience accelerating the adoption of innovative
electrical technologies, today announced that it was awarded
contracts with combined value of $5.9 million to implement solar
energy solutions for commercial properties with existing customers
in Vermont.
HIGHLIGHTS:
- New projects add 6.5 MW to iSun’s growing portfolio of
commercial projects
- Combined $5.9 million in new contracts underscores iSun’s
ability to develop commercial projects that advance the
implementation of solar energy
- New projects awarded by existing customers demonstrate iSun’s
success in building long-term customer relationships
- Projects are underway and expected to be completed this
year
“We are delighted to expand our work with existing customers to
implement important new solar projects at commercial properties in
Vermont,” said Jeffrey Peck, Chairman and Chief Executive Officer
of iSun. “Our team is responding well to the heightened customer
demand for solar energy across our markets, and finding continued
success in cultivating long-term customer relationships for iSun.
While we have a growing backlog of solar projects being implemented
across New England, we are confident that our operational teams
will effectively manage the labor utilization demands these
projects present. The transition to clean energy remains the most
important initiative of our generation and we are proud to assist
more customers throughout our markets in achieving alternative
energy solutions.”
About iSun Inc.
Since 1972, iSun has accelerated the adoption of proven,
life-improving innovations in electrification technology. iSun has
been the trusted service provider to Fortune 500 companies for
decades and has installed clean rooms, fiber optic cables, flight
simulators, and over 600 megawatts of solar systems. The Company
currently provides a comprehensive suite of solar services across
residential, commercial, industrial & municipal, and utility
scale projects and provides solar electric vehicle charging
solutions for both grid-tied and battery backed solar EV charging
systems. iSun believes that the transition to clean, renewable
solar energy is the most important investment to make today and is
focused on profitable growth opportunities. Please visit
www.isunenergy.com for additional information.
Forward Looking Statements
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and statements of expectations, beliefs, future plans and
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The forward-looking statements included in this press release
are based on our current expectations, projections, estimates and
assumptions. These statements are only predictions, not guarantees.
Such forward-looking statements are subject to numerous risks and
uncertainties that are difficult to predict. These risks and
uncertainties may cause actual results to differ materially from
what is forecast in such forward-looking statements, and include,
without limitation, the risk factors described from time to time in
our filings with the Securities and Exchange Commission, including
our Annual Report on Form 10-K.
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are based on information currently available to us, and we assume
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version on businesswire.com: https://www.businesswire.com/news/home/20230120005027/en/
For more information contact: iSun Investor Relations
IR@isunenergy.com
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