New Community Wins Latest in More Than $20 Million in Recent Solar Contract Awards
Williston, VT, January 17, 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 two new contracts valued at nearly $6 million combined to implement renewable energy solutions for community solar projects in Northern New England.
- The first project award is for 4.07 MW and has a value of approximately $4.4 million
- The second award of 1.4 MW is valued at approximately $1.5 million
- These two new contracts bring recent awards to more than $20 million and a total of nearly 25 MW in Northern New England
- Both projects are underway and expected to be completed in 2023
“We’re very pleased with our recent contract awards in two more communities as we assist more residents across northern New England in implementing alternative energy solutions,” said Jeffrey Peck, Chairman and Chief Executive Officer of iSun. “These awards, combined with our other recently announced wins, secure more than $20 million in contracts for iSun throughout New England as we show continued success in cultivating long-term customer relationships. The transition to clean energy remains the most important initiative of our generation and we are proud to assist more communities 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.
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For more information contact:
iSun Investor Relations – IR@isunenergy.com