iSun Inc. awarded three solar EPC contracts in Maine
Augusta, ME iSun, Inc. has been awarded contracts for Solar Engineering, Procurement and Construction (EPC) services across three separate projects in the state. Once complete, the projects will yield over 20mw of solar production; combined, the contract values exceed $6.7 million.
The award reflects iSun’s progress towards its previously stated growth objectives. First announced in late 2019, iSun’s growth strategy highlighted the specific steps the organization would take to accelerate the nation’s transition to solar energy across all sectors. This award is congruent with one of the three core pillars of this strategy - the organic growth of its industrial and utility EPC business throughout New England.
“This award reflects the progress we’ve steadily been making against our three-pronged strategy for growth,” said Jeffrey Peck, chairman and chief executive officer of iSun. “Equally important, these contracts reflect our ability to successfully navigate the market conditions affecting the solar EPC landscape,” said Peck. “As stated previously, we’re not immune to the challenges COVID has created within the Solar EPC operating environment. iSun however, 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.”