New Awards Demonstrate Commercial Growth and Customer Confidence
Williston, VT, January 20, 2023 — 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.
- 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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For more information contact:
iSun Investor Relations – IR@isunenergy.com