Sunworks' Rapid Rack Division Chosen as Preferred Racking

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Sunworks' Rapid Rack Division Chosen as Preferred Racking System for Boviet Solar USA

ROSEVILLE, CA --(Marketwired - July 21, 2016) - Sunworks, Inc. ( NASDAQ : SUNW ), a leading provider of solar power solutions, announced today that its proprietary solar racking division, Rapid Rack, has been chosen as the preferred racking solution for Boviet Solar USA. Boviet Solar USA is a global leader in advanced materials and ranks among the elite solar manufacturers using advanced PERC technology.

"The Rapid Rack mounting system is a perfect solution to complement our high efficiency solar modules," said Eric Ma, President & Managing Director of Boviet Solar USA. "When it comes to increasing the production of your solar system, it is important that you not only have the best panels, but you also have the best racking for those modules. Together, Rapid Rack and Boviet Solar USA achieve optimum results, speed and performance."

Rapid Rack significantly reduces costs, increases life span of the installed panels in comparison to traditional mounting methods, and increases the customer's return on investment. As its name suggests, Rapid Rack's unique design allows for speedy installation and produces an aesthetically superior array. In addition, the time that Rapid Rack saves in the installation process translates to a lower installation cost to the customer.

"Rapid Rack and Boviet Solar USA have already collaborated on over 1.5 Megawatts in purchase orders, and we anticipate that this number will, at the very least, triple in the third quarter of 2016," Lopez continued.

Extending the relationship between Sunworks and Boviet USA, Sunworks will provide Rapid Rack on two upcoming Boviet projects located in North Carolina. These projects will total approximately 9.5 Megawatts.

"At Sunworks, we are always committed to providing the best solution for our customers. It is outstanding to see three premium solar companies working together in order to provide the consumer the best solar solution on the planet," said Jim Nelson, CEO of Sunworks.

About Sunworks, Inc. Sunworks, (formerly known as Solar3D) a leading provider of solar power solutions, is focused 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 the western United States, delivering 2.5 kilowatt to multi-megawatt commercial systems. 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. The Company's focus is on putting the customer first, providing the best value systems in the industry, and delivering on what is promised.

To learn more about Sunworks, visit our website at http://sunworksusa.com/ .

About Rapid Rack. Rapid Rack a leading provider of solar mounting systems uses a versatile ground mount system that is scalable for large, medium, and small applications. The company's focus is on its simple construction, minimal parts, innovative insertion rail technology, and on-site flexibility deliver rapid, cost-effective installations. The Rapid Rack mounting solution is suitable for various terrains and site conditions due to its flexible pile positioning and design adaptability. The company's primary goal is to provide a superior product while increasing the customers return on investment through reduces installation time.

To learn more about Rapid Rack, visit our website at http://rapidrack.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 information : Seth Atchue 916-409-6900 satchue@sunworksusa.com Investor Relations Contact: Rob Fink/John Roginski Hayden IR 646-415-8972 / 570-569-2479 rob@haydenir.com / john@haydenir.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Servier's Data on Tovorafenib Shows Promise in pLGG

Updated Category News Views 538

New Light on a Critical Challenge Talk about a fight in the dark. Pediatric low-grade glioma (pLGG) is a menace that families dread, an uphill battle with odds that feel relentless. Enter Servier and its four-year updated data on OJEMDA® (tovorafenib), a beacon of hope for kids battling these tricky brain tumors. Results, presented at the SNO meeting, are fresh off the...

Continue Reading
Layne's Chicken Fingers Expands with Brownsville Opening

Updated Category News Views 395

Fried Delights Rise in Brownsville Never thought I'd see the day when chicken fingers felt like the main character in an epic expansion saga, but here we are. Ricki Oberoi, a veteran in the fast-food game, is pushing onward with Layne's Chicken Fingers in Brownsville, Texas. I tell you, some folks are as keen on expanding their palates as they are their portfolios....

Continue Reading
YSTUDIO's Pens: A Nod to the Power of Writing

Updated Category News Views 557

Slow Down, Write On: A New Era for Stationery In a world where sentiments zip around with a swipe, here we find YSTUDIO tapping into something analog and profound. Their latest offerings—a 'Brand Day Gift Box' and the 'Inner Universe' pen series—are more than just high-end stationery. They’re an invitation to reconnect with the written word, a gesture to slow our...

Continue Reading
HONGQI's EHS4 Launch in Europe: Bridging East and West

Updated Category News Views 265

Revving Up a New Chapter: HONGQI in Venice There's a new player in the European automotive scene, and it's rolling in with more style than a Venetian gondola. HONGQI, a name that's been turning gears in China since '58, is packing its suitcases full of Eastern elegance and landing straight in Venice with the all-electric EHS4. On November 16, the brand is set to unveil...

Continue Reading
Championing Change: USTA Mid-Atlantic Gala's Impact

Updated Category News Views 14

A Night to Remember: USTA Mid-Atlantic's Gala Who would've thought tennis could wield such transformative power? This ain't your average sport gala. Last Saturday, a crowd of over 300 gathered at the Ritz-Carlton Tysons Corner for the USTA Mid-Atlantic Foundation's 2026 Tennis Creates Gala. Hosted by the formidable Malika Andrews, this event wasn't just a fancy...

Continue Reading
Novo's CagriSema Trial Shows Promising Obesity Results

Updated Category News Views 432

Novo's Latest Weight Loss Gamble Well, look what we have here. Novo Nordisk is shaking up the obesity treatment scene with some bold numbers from their REDEFINE 9 trial. The investigational CagriSema combo of amylin analog and GLP-1 receptor agonist has churned out an eyeball-popping near 21% weight loss. For context, we're staring down the barrel of numbers far meatier...

Continue Reading
KINGRVER Boosts RV Comfort with New Water Heater Lineup

Updated Category News Views 43

An Upgrade for the Open Road In the land of RV living, comfort is king—or in this case, KINGRVER. Dropping affordable upgrades for water heaters into the world of RVs, KINGRVER's CT6 lineup is like a warm hug on a chilly campsite morning. Whether you've pulled up to a wooded retreat or parked under the vast desert sky, having dependable hot water shouldn't be a gamble....

Continue Reading
D-Wave Quantum Hit with Securities Fraud Lawsuit

Updated Category News Views 0

A Legal Quagmire for D-Wave Quantum Investors Securities fraud lawsuits are like light in a dark alley—you need them when the truth's been stashed out of sight, but they illuminate the dirty and damp parts of investment strategies nobody wants to talk about. Right now, D-Wave Quantum Inc. is smack dab in the middle of such litigious action. If you had the misfortune of...

Continue Reading
Beef 'O' Brady's Expands Into Tuscaloosa Market

Updated Category News Views 50

A New Player in Town: Beef 'O' Brady's Lands in Tuscaloosa Listen up, sports fans and pub grub lovers of Tuscaloosa! Beef 'O' Brady's just kicked down the doors and expanded its reach, opening a location smack on McFarland Boulevard. The place threw open its doors on October 26 and is set to make waves in the local scene, driven by the dedicated hands of Mitul Patel and...

Continue Reading
WHO and RCSI Bahrain Join Forces on Health Initiatives

Updated Category News Views 305

Forging a Healthier Pathway In a world where healthcare challenges rise faster than my blood pressure during a stock market crash, the World Health Organization (WHO) and the Royal College of Surgeons in Ireland (RCSI) – Medical University of Bahrain have inked a deal to tackle these issues head-on. The memorandum of understanding (MoU) signed on November 15, 2026,...

Continue Reading

Top 5 Most Recently Viewed Articles

ASE Advises Car Checkups Amid Rising Gas Prices

Updated Category News Views 18

Cars, Gas, and Good Old-Fashioned Maintenance If you've been hitting the road lately, you might've noticed gas prices biting a bit deeper into your wallet. The National Institute for Automotive Service Excellence (ASE) has something to say about that. They're dropping some knowledge on how an ASE Certified automotive service professional can help your vehicle run more...

Continue Reading
Impact of US Surgeon General's Cancer Warning on Spirits Stocks

Updated Category News Views 195

Market Reactions to Health Alerts in Alcohol Industry Recent comments from health officials can significantly sway market sentiments, especially in industries tied closely to public health. After the U.S. Surgeon General raised concerns about the impact of alcoholic beverages on health, European spirits manufacturers and brewers experienced a noticeable drop in their...

Continue Reading
Exploring Enterprise Products Partners: A Comprehensive Guide

Updated Category News Views 221

Enterprise Products Partners made waves as a midstream master limited partnership (MLP), catching the eye of specific investor types. This ain’t your usual stock; it’s got some quirks that make it unique, particularly its impressive 7.1% distribution yield, which can sound tempting but also rings alarm bells for those hunting growth. Distribution Yield: A Double-Edged...

Continue Reading
Gentoo Media Shareholders Decide on Euronext Delisting Move

Updated Category News Views 201

Gentoo Media's Special Meeting of Shareholders Overview A Special Meeting of Shareholders in Gentoo Media Inc. was conducted recently, attracting a considerable presence of shareholders. Those attending either in person or through proxy accounted for a noteworthy 51.18% of the shares with voting rights. Key Resolutions Made The primary resolution passed during this...

Continue Reading
Municipality Finance Successfully Issues USD 25 Million Tranche

Updated Category News Views 168

Municipality Finance Successfully Issues USD 25 Million Tranche Municipality Finance Plc has recently made headlines with the issuance of a new USD 25 million tranche under its Medium Term Note (MTN) program. This strategic move continues to bolster the company’s existing benchmark, which was initially introduced earlier this year. As of now, the cumulative nominal...

Continue Reading