Power

iSun secures $6,7M in EPC contracts for three solar projects in Maine

iSun

iSun, a renewable energy developer and contractor, announced that it secured $6,7 million in engineering, procurement, and construction (EPC) contracts, for three separate solar projects in Maine.

Firstly, the company has more than 50 years of experience in constructing solar, electrical, and data services. Since its inception in 1972, the company has accelerated the adoption of proven, life-improving innovations in electrification technology.

In addition, it has provided its EPC services across residential, commercial & industrial, and utility-scale projects. It also offers solar electric vehicle charging solutions for both grid-tied and battery-backed solar EV charging systems.

Moreover, back in 2019, the company released a growth strategy highlighting the specific steps the organization would take to accelerate the nation’s transition to solar energy across all sectors. Precisely, one of those objectives was to grow its Industrial and Utility EPC business throughout New England.

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iSun advancing its organic growth strategy

Consequently, the award aligns with iSun’s strategy. It also reflects its steady performance, particularly during and coming out of the Covid-19 pandemic. About the matter, Jeffrey Peck, Chairman, and CEO said. “This award reflects the progress we’ve steadily been making against our three-pronged strategy for growth.”

He also remarked that the contracts reflect the company’s ability to “successfully navigate the market conditions affecting the solar EPC landscape.” “iSun is not like most Solar EPCs. We’ve over 50 years of experience managing projects of similar scale and complexity in similar climates. Such experience affords iSun a tremendous advantage when trying to reconcile increased demand with limited labor and materials, as evidenced by our ability to execute on projects like these.”

On the other hand, once complete, the projects will yield over 20-megawatts of solar production. It will also push the company into new markets and territories to establish and build new customer relationships. Finally, the company did not reveal further details about the projects, nor the dates of expected construction or operational status.

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