ROSEVILLE, Calif., Oct. 24, 2019 (GLOBE NEWSWIRE) -- Sunworks, Inc. (Nasdaq: SUNW), a premier provider of high-performance solar power solutions for agriculture, commercial, industrial (ACI), public works and residential markets, today announced it has been awarded an engineering, procurement and construction contract to develop a 657 kilowatt roof mount solar photovoltaic project for a Southern California residential complex in partnership with Bright Power.
Sunworks’ Chief Executive Officer, Chuck Cargile said, “Bright Power has proven to be an excellent partner to collaborate with and our opportunities with them continue to expand. Together, we are seeing increasing opportunities in the commercial market as real estate developers and property managers are turning to solar as a cost-effective way to improve energy efficiencies, reduce operating costs and most importantly upgrade facilities for their residents. This retrofit project at a long-standing apartment complex in Southern California will provide clean renewable energy to 390 units, helping residents to reduce their utility costs, upgrade and modernize complex common areas while advancing sustainability initiatives for the community.”
Sunworks was contracted by Bright Power, a strategic energy and water management company that provides solutions to building owners and operators across the nation. Specializing in multifamily apartment buildings, Bright Power works with building owners to increase their net operating income through energy and water savings while decreasing negative impact on the environment. Sunworks' dedicated, in-house construction team will manage all of the engineering, procurement and construction for this project while Bright Power conducted the original schematic design and sizing of the solar array. Construction is expected to commence in the fourth quarter of 2019 and be completed in 2020.
Bright Power’s Director of Retrofit Installation, Western Region, Aron Weis added, “We have a turnkey process for helping property owners identify energy and water inefficiencies and offer a fully integrated solution to design, build and implement solutions into their existing operations. Sunworks continues to be a valuable partner to help our clients maximize the efficiencies and value of solar.”
About Sunworks, Inc.
Sunworks, Inc. (SUNW) is a premier provider of high-performance solar power systems. We are committed to quality business practices that exceed industry standards and uphold our ideals of ethics and safety. Sunworks continues to grow its presence, expanding nationally with regional and local offices. We strive to consistently deliver high quality, performance-oriented solutions for customers in a wide range of industries including agricultural, commercial and industrial, public works, and residential. Our dedication to excellence is reflected in our 25-year warranty, a benchmark that we stand by to support our customers above and beyond their expectations. Sunworks’ diverse, seasoned workforce includes distinguished veterans who bring a sense of pride, discipline, and professionalism to their interaction with customers. Sunworks is a member of the Solar Energy Industries Association (SEIA) and is a proud advocate for the advancement of solar power.
About Bright Power, Inc.
Bright Power provides strategic energy solutions to building owners and operators in NYC and across the nation. Specializing in multifamily apartment buildings, Bright Power has worked with over 1.4 million apartments that cover 1.2 billion square feet. Bright Power’s energy management solutions include EnergyScoreCards benchmarking software, energy audits, energy procurement, on-site generation, green building design services, turnkey installation of energy improvements, and ongoing energy management. For more information, please visit www.brightpower.com.
Investor Relations Contact
Rob Fink
FNK IR
646-809-4048
rob@fnkir.com
