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Solar3D's sunworks division coutinues to drive deal-flow in agriculture industy; Secures contract with large rice drying company

Posted by sonimanish Published on Thu, 2015-06-18 18:36

News article

Thu, 2015-06-18 (All day)

Solar3D, Inc. (NASDAQ: SLTD), a leading provider of solar power solutions and the developer of a proprietary high efficiency solar cell, announced today that it has secured an approximately $1,000,000 contract to design and install a photovoltaic system for a large rice drying facility based in Sutter, California.

Sutter Rice Company, owned and operated by Jack Parnell, is the second rice dryer to retain SUNworks for solar implementation in the past month. The system, a 483 kilowatt (kW) fixed tilt ground mount, will provide the company with the ability to offset a significant amount of the dryers current energy usage. It is estimated that the system will save Sutter Rice approximately $3.5 million in energy costs over a period of 25 years.

"Sutter Rice Company is a prime example of an organization that was drawn to SUNworks because of our expansive referral base and strong reputation within the agricultural industry," said Abe Emard, CEO of SUNworks. "We had initially made contact with their Company leadership some time ago following a referral, but as they learned more about SUNworks' commitment to customer service excellence and results, they worked proactively with their CPA to finalize this contract with us."

"The SUNworks referral network continues to grow as a result of our marketing strategy, as well as the support and results from the teams providing the installation," said Jim Nelson, CEO of Solar3D. "Much of our success can be attributed to the development of a strong commercial team able to generate leads through organic word-of-mouth referrals within the farming industry as well as other sectors, which has positioned us to continue driving business and ultimately revenue."