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.”