Solar3D's MD Energy Awarded $10 Million Solar Contract Subject to City Council Approval
Fresno/Clovis Wastewater Reclamation Facility Enlists MD Energy to Build Multi-Megawatt Solar Power System
Santa Barbara, CA - July 24, 2015 - Solar3D, Inc. (Nasdaq: SLTD), a leading provider of solar power solutions and the developer of a proprietary high efficiency solar cell, today announced that its MD Energy subsidiary has been awarded a $10 million, 2- megawatt solar project with the Fresno/Clovis Wastewater Reclamation Facility, subject to approval by the city council. A city council meeting to approve the award is set for next Thursday, July 30, 2015.
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Operated by the City of Fresno, the Fresno/Clovis Regional Water Reclamation Facility (RWRF) provides wastewater treatment services for the greater Fresno metropolitan area in order to protect public health and the environment.
"This is a testament of the value of the synergy between great companies and management teams," said Jim Nelson, CEO of Solar3D. "MDE and SUNworks worked hand in hand to create this solution for the City of Fresno. We are confident that the City will receive not only a great product but also excellent service in the delivery of this contract. This is an example of one way that Danny Mitchell, Abe Emard and their teams continue to work together to serve great customers—and to build the value of this Company. We anticipate additional developments as we continue to grow Solar3D. "
About Solar3D, Inc.
Solar3D, a leading provider of solar power solutions, is focused on the design, installation and management of solar power systems for commercial, agricultural and residential customers. Through its wholly owned subsidiaries, Solar3D is one of the fastest growing solar systems providers in California, delivering 2.5 kilowatt to multi-megawatt commercial systems. Solar3D's technology division is developing a patent-pending 3-dimensional solar cell technology to maximize the conversion of sunlight into electricity. The Solar3D Cell collects sunlight from a wide angle and lets light bounce around in 3-dimensional microstructures on the solar cell surface. The Company's mission is to further the widespread adoption of solar power by deploying affordable, state-of-the-art systems and developing breakthrough new solar technologies.
To learn more about Solar3D, visit our website at http://www.Solar3D.com.
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