Solar3D's SUNworks Division Set to Install Three Megawatts of Solar Systems at Jackson Family Wineries
Date : 07/22/2014 @ 3:01AM
Source : Marketwired Canada
Stock : Solar3d, Inc. (QB) (SLTD)
Quote : 0.07 0.0065 (10.24%) @ 2:46PM
Solar3D's SUNworks Division Set to Install Three Megawatts of Solar Systems at Jackson Family Wineries
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Alert
Solar3D, Inc. (OTCQB: SLTD), a leading solar power company and the developer of
a proprietary high efficiency solar cell, today announced that its SUNworks
division has finalized a contract with Jackson Family Winery ("JFW"
to install
solar systems totaling up to 3 megawatts, located throughout a number of JFW
Properties.
Abe Emard, SUNworks CEO, stated, "Once completed, the installed systems will
offset nearly 70% of the wineries electrical consumption. The projected savings
over the next 25 years will be approximately $11MM."
Julian Gervrean, JFW Senior Sustainability Manager, said, "We have been working
on this project with SUNworks for quite some time. After several months of
planning, it's exciting to see it come to fruition. This is a giant step forward
for us in meeting our sustainability goals."
Last year JFW commissioned SUNworks to complete a 300kW solar system located at
their newly renovated Ramal Winery located inside Napa Valley.
The SUNworks management team plans to complete the JFW projects by November 2014.
SUNworks continues to prove it is on the forefront of the solar industry. Mike
Podnebesnyy, Vice President of SUNworks stated, "I am proud of the unique design
and installation on this project. In this case, battery storage will be
implemented in conjunction with solar PV to give our customer control over their
demand consumption. We believe this is the direction in which our industry is
heading. SUNworks is on the leading edge of this offering and is discussing this
option with our current and future customers."
Jim Nelson, CEO of Solar3D, concluded, "It was exciting to have such a prominent
company like Jackson Family Wineries trust SUNworks with their installation at
Ramal Winery. To have them come back and engage SUNworks to facilitate an
additional 3 megawatts on some of the wineries most prestigious locations is a
tribute to the quality of the work SUNworks is doing."
SUNworks is focused on the design, installation and management of solar systems
for agricultural, commercial, & 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.
Second quarter results will be reported with Solar3D's 10Q, due to be filed
shortly. The results of SUNworks full quarter will be consolidated with
Solar3D's results for the first time on the second quarter 10Q.
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.
FOR FURTHER INFORMATION PLEASE CONTACT:
Press Contact:
Jim Nelson
jnelson@solar3d.com
805/690-9000
Solar3d, Inc. (QB) (USOTC:SLTD)
Historical Stock Chart
1 Year : From Jul 2013 to Jul 2014
Click Here for more Solar3d, Inc. (QB) Charts.
Solar3d, Inc. (QB) (USOTC:SLTD)
Intraday Stock Chart
Date : 07/22/2014 @ 3:01AM
Source : Marketwired Canada
Stock : Solar3d, Inc. (QB) (SLTD)
Quote : 0.07 0.0065 (10.24%) @ 2:46PM
Solar3D's SUNworks Division Set to Install Three Megawatts of Solar Systems at Jackson Family Wineries
Alert
Solar3D, Inc. (OTCQB: SLTD), a leading solar power company and the developer of
a proprietary high efficiency solar cell, today announced that its SUNworks
division has finalized a contract with Jackson Family Winery ("JFW"
to install solar systems totaling up to 3 megawatts, located throughout a number of JFW
Properties.
Abe Emard, SUNworks CEO, stated, "Once completed, the installed systems will
offset nearly 70% of the wineries electrical consumption. The projected savings
over the next 25 years will be approximately $11MM."
Julian Gervrean, JFW Senior Sustainability Manager, said, "We have been working
on this project with SUNworks for quite some time. After several months of
planning, it's exciting to see it come to fruition. This is a giant step forward
for us in meeting our sustainability goals."
Last year JFW commissioned SUNworks to complete a 300kW solar system located at
their newly renovated Ramal Winery located inside Napa Valley.
The SUNworks management team plans to complete the JFW projects by November 2014.
SUNworks continues to prove it is on the forefront of the solar industry. Mike
Podnebesnyy, Vice President of SUNworks stated, "I am proud of the unique design
and installation on this project. In this case, battery storage will be
implemented in conjunction with solar PV to give our customer control over their
demand consumption. We believe this is the direction in which our industry is
heading. SUNworks is on the leading edge of this offering and is discussing this
option with our current and future customers."
Jim Nelson, CEO of Solar3D, concluded, "It was exciting to have such a prominent
company like Jackson Family Wineries trust SUNworks with their installation at
Ramal Winery. To have them come back and engage SUNworks to facilitate an
additional 3 megawatts on some of the wineries most prestigious locations is a
tribute to the quality of the work SUNworks is doing."
SUNworks is focused on the design, installation and management of solar systems
for agricultural, commercial, & 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.
Second quarter results will be reported with Solar3D's 10Q, due to be filed
shortly. The results of SUNworks full quarter will be consolidated with
Solar3D's results for the first time on the second quarter 10Q.
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.
FOR FURTHER INFORMATION PLEASE CONTACT:
Press Contact:
Jim Nelson
jnelson@solar3d.com
805/690-9000
Solar3d, Inc. (QB) (USOTC:SLTD)
Historical Stock Chart
1 Year : From Jul 2013 to Jul 2014
Click Here for more Solar3d, Inc. (QB) Charts.
Solar3d, Inc. (QB) (USOTC:SLTD)
Intraday Stock Chart
