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iSun Inc. Wins Two New Solar Projects Valued at $4.9 Million in Maine

Retrieved on:

Wednesday, March 29, 2023

EV, Electric Vehicles, Other Energy, Hardware, Alternative Energy, Alternative Vehicles, Fuels, Batteries, Energy, Technology, Automotive, Environment, Green Technology, Other Automotive, Other Technology, Solar energy, Renewable energy, Histan

Key Points:

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 had secured two contracts covering 6.0 MW and valued at $4.9 million in Maine, with a single developer, to provide expanded solar energy capabilities at two industrial sites.
“We are pleased with our success in winning more solar energy contracts in the significant Maine market, building upon our success there in 2022.
These new projects reflect the strengthening of our collaborative relationship with a leading developer, and we plan to begin implementing these projects this spring,” said Jeffrey Peck, Chairman and Chief Executive Officer of iSun.
This award demonstrates yet again our strong commitment to accelerating the transition to solar energy for customers in New England.”

iSun Inc. Wins Five New Solar Projects Valued at $5.1 Million in Vermont

Retrieved on:

Tuesday, March 28, 2023

Other Energy, Hardware, Utilities, Alternative Energy, Energy, Technology, Commercial Building & Real Estate, Environment, Construction & Property, Green Technology, Building Systems, Other Technology, Solar energy, Trust, Renewable energy, Histan

Key Points:

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 had secured five contracts covering 6.5 MW and valued at $5.1 million in Vermont, to provide expanded solar energy capabilities at five industrial sites.
“We are excited to start 2023 by securing more new contracts that build upon the accelerated pace of contract wins we generated in the second half of 2022.
These new projects with existing customers in Vermont demonstrate the momentum within our industrial division, and we’re pleased that execution on these projects will begin this spring,” said Jeffrey Peck, Chairman and Chief Executive Officer of iSun.
This award demonstrates yet again our strong commitment to accelerating the transition to solar energy for customers in New England.”

iSun Inc. To Participate in 35th Annual Roth Conference

Retrieved on:

Wednesday, March 1, 2023

Key Points:

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 will participate in the 35th Annual Roth Capital Conference to be held March 12-14, 2023 at the Ritz Carlton Laguna Niguel at Dana Point, California.
Representing iSun will be Jeffrey Peck, Chairman, Chief Executive Officer, and John Sullivan, Chief Financial Officer.

iSun Inc. Provides Preliminary Full Year 2022 Revenue

Retrieved on:

Tuesday, February 28, 2023

Key Points:

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 preliminary revenue for the full year 2022 was approximately $74-76 million, 63%-68% higher than the $45.3 million reported for full year 2021, and at the high end of the revenue range of $70-75 million forecasted in November 2022.
Preliminary total revenue for full year 2022 of approximately $74-76 million, 63-68% higher than $45.3 million reported in full year 2021, and at the high end of the range forecasted in November 2022.
Anticipates approximately $95-100 million in revenue for full year 2023, a 27%-33% increase over preliminary total revenues for full year 2022
Company plans to announce final results for the fourth quarter and full year 2022 on March 30, 2023.
With the higher revenue expectations we are sharing for 2023, we are confident that this trend will continue,” said Jeffrey Peck, Chairman and Chief Executive Officer of iSun.

iSun Inc. Wins New Solar Portfolio in Maine

Retrieved on:

Tuesday, January 24, 2023

Environment, Technology, Other Energy, Other Technology, Alternative Energy, Sustainability, Green Technology, Energy, Hardware, Solar energy, Renewable energy, Histan

Key Points:

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 has been awarded a portfolio of solar projects totaling 16.00MW and valued at $16.12 million in Maine, to expand community solar projects across that state.
$16.12 million in new contracts highlights iSun’s momentum and continued geographic expansion in Maine, while developing an important new customer relationship
“We are excited to expand our portfolio of solar projects in Maine, and happy to see our project backlog flowing into active contracts.
Execution of this portfolio of projects will start this quarter,” said Jeffrey Peck, Chairman and Chief Executive Officer of iSun.
“Our team has developed excellent momentum in winning awards in Maine this year, driving confidence in our ability to provide the high-quality solar installations needed by customers in communities throughout Maine.

iSun Inc. Settles Pending Litigation

Retrieved on:

Friday, January 20, 2023

Environment, Utilities, Alternative Energy, Green Technology, Energy, Climate Change, Climate change, Solar energy, Sass, Disagreement, Vehicle registration plates of Nepal, Recognition, Renewable energy, Histan

Key Points:

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, announced the settlement of the pending litigation initiated by Sass Peress.
“When we acquired iSun Energy, LLC in January of 2021, we embraced the innovative change pioneered by Sass Peress throughout his career in solar and e-mobility,” said Jeffrey Peck, Chairman and Chief Executive Officer of iSun.
“We were able to leverage Sass’s existing industry connections to drive our growth strategy forward.
We also knew that the innovation acquired would allow iSun the opportunity to build new relationships in new geographic regions.

iSun Inc. Wins $5.9 Million in New Solar Projects

Retrieved on:

Friday, January 20, 2023

Technology, Other Energy, Utilities, Alternative Energy, Residential Building & Real Estate, Energy, Commercial Building & Real Estate, Construction & Property, Environment, Other Technology, Sustainability, Urban Planning, Hardware, Green Technology, Solar energy, Renewable energy, Histan

Key Points:

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.
“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.

iSun Inc. Wins Two More New Solar Contracts Valued at $6 Million in Northern New England

Retrieved on:

Tuesday, January 17, 2023

Utilities, Oil, Gas, Environment, Alternative Energy, EV, Electric Vehicles, Energy, Alternative Vehicles, Fuels, Automotive, Solar energy, Renewable energy, Histan

Key Points:

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.
“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.”

iSun Inc. Wins Three New Solar Contracts Valued at $9.7 Million

Retrieved on:

Thursday, January 12, 2023

Alternative Energy, Energy, Other Energy, Partnership, Solar energy, Renewable energy, Histan

Key Points:

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 three contracts with a total value of $9.7 million to implement solar energy solutions in communities in northern New England.
The new projects result from a new partnership that iSun has formed with an integrated nationwide solar developer.
“The three project awards from our new partner represent important wins for our team as we continue to demonstrate our ability to expand our customer base across New England,” said Jeffrey Peck, Chairman and Chief Executive Officer of iSun.
“We are working diligently to address the continued strong customer demand for solar energy in our markets, and I’m very pleased with the success of our team in cultivating long-term customer relationships for iSun.

iSun Inc. completes $16.4 million transaction of development project

Retrieved on:

Thursday, January 5, 2023

Key Points:

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, has agreed to sell a 7 MW solar asset valued at approximately $4.8 million in connection with the execution of an $11.6 million EPC contract.
Revenue to be recognized of $16.4 million, $4.8 million from asset sale and $11.6 million in EPC contract
“When we acquired Oakwood Construction’s IP assets in 2021, we positioned iSun to provide turnkey development and engineering services,” said Jeffrey Peck, Chairman and Chief Executive Officer of iSun.
“We added meaningful value at each stage of the solar assets’ life cycle for our new partner.
We pride ourselves on our years of experience that have positioned the Company to handle all the many challenges involved in creating more valuable long-term assets for customers.”