Solar3D, Inc. (NASDAQ: SLTD), a leading provider of a solar panel solutions and the developer of a broker specific high efficiency solar cell, announced presently that it has just secured a $2 million contract for the design and installing of an agricultural solar project to make Payne Brothers Ranches (Payne Farms) in Woodland, California; and a strong approximately $1, 000, 000 commitment to design and install a photovoltaic software program for a large rice farm operating out of Pleasant Grove, California.
Established regarding 1963 and led by Robert and William A. Payne, Payne Brothers Ranches has developed a fantastic reputation for producing high quality fresh foods. Located in Woodland, CA, the beef and suckler cows is seeking a photovoltaic software program that will reduce high-energy costs as achieve both short-term and continuing savings. To address these objectives, SUNworks presented a plan for the implementation of an 1 megawatt (MW) DC steady tilt ground mount solar system produced provide power for 19 bore holes and a nut hulling facility. Right away construction, it is anticipated that the software program will achieve cost savings for the beef and suckler cows of more than $7. 2 million for 25 years.
The Pleasant Grove hemp farm, owned and operated at Richard and Laura Nelson, is an additional agricultural organization to turn to SUNworks for ones purposes of implementing a solar system who is going to improve energy efficiencies and reduce female costs. The system, a 435 kw (kW) fixed ground mount, will offer the farm with the ability to offset selection meters from a single installation, or perhaps interconnection point, through Aggregated Goal Metering. It is anticipated that the software program will achieve cost savings for the beef and suckler cows of approximately $4. 8 million for 25 years.
"Our team continues to dr organic interest from farming administrations throughout the region who turn to that SUNworks team for energy techniques tailored to meet the needs of their operation, micron said Abe Emard, CEO with regards to SUNworks. "These partnerships, like nearly all before them, are results of our background for providing the absolute highest quality to date cost effective solar systems for those throughout the agricultural industry. "
"SUNworks has got cemented its reputation as a main provider of solar to the farm industry, a high growth area which is solar energy is ideally suited, micron said Jim Nelson, CEO with regards to Solar3D. "We believe this the hottest will only grow as the price of the solar steadily declines. With our customer service history of providing not only results, but on-going support, we are confident that the farm community will continue to respond together with organic referrals. "
Solar3D, a number one provider of solar power solutions, is concentrated on the design, installation and manipulation of solar powered systems for commercially made, agricultural and residential customers. All the way through its wholly owned subsidiaries, Solar3D is one of the fastest growing solar procedures providers in California delivering two . 5 kilowatt to multi-megawatt commercially made systems. Solar3D's technology division is without a doubt developing a patent-pending 3-dimensional solar mobile technology to maximize the conversion with regards to sunlight into electricity. The Solar3D Cell collects sunlight from a widespread angle and lets light inflatable bounce around in 3-dimensional microstructures along at the solar cell surface. The Company's over the is to further the widespread seizure of solar power by deploying within your budget, state-of-the-art systems and developing step forward new solar technologies.
To learn more about Solar3D, visit our website at http://www.Solar3D.com.
SUNworks is a commercial and residential label of Solar3D, Inc. (OTCQB: SLTD), a number one solar power company and the developer of an proprietary high efficiency solar cell. SUNworks is focused on the design, installation as management of solar systems to make agricultural, commercial, and residential members. SUNworks has delivered hundreds of two . 5 kilowatt to 1-megawatt commercially made systems and has the capability to deliver procedures as big as 25 megawatts. SUNworks provide aid commercial, agricultural and residential members throughout California and Nevada.
For additional info on SUNworks, visit http://www.visitsunworks.com.
Matters explained in this press release contain forward-looking instructions within the meaning of the Private Stock options Litigation Reform Act of 95. When used in this press release, the terms "anticipate, " "believe, " "estimate, " "may, " "intend, micron "expect" and similar expressions distinguish such forward-looking statements. Actual search results, performance or achievements could change materially from those contemplated, explained or implied by the forward-looking instructions contained herein. These forward-looking instructions are based largely on the expected results . of the Company and are subject to certain risks and uncertainties. These concerns include, but are not limited to, concerns and uncertainties associated with: the impact with regards to economic, competitive and other factors impinging on the Company and its operations, markets, things, and prospects for sales, losing money to commercialize our technology, losing money of technology to perform as expected, losing money to earn profit or earning, higher costs than expected, on going operating losses, ownership dilution, don't have of ability to repay debt, failure of ordered businesses to perform as expected, the impact along at the national and local economies resulting from terrorist actions, and U. S. opérations subsequently; and other factors detailed regarding reports filed by the Company.
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