iSun, a Vermont-based company with an over 400 MW solar installed portfolio across residential, commercial, industrial, and utility-scale sectors, announced a $29 million order for 1,780 off-grid solar canopies to be installed at EV charging stations.
The order makes a significant impact on the company’s commercial backlog of orders, bringing it from $9.6 to $38.9 million. iSun said it expects an initial delivery of 450 canopies in 2022. Shares were up 19% at opening upon the announcement.
“iSun has built a platform capable of addressing the needs of each segment of the solar industry, which includes serving the EV infrastructure demands of our new and current customers,” said Jeffrey Peck, Chairman and Chief Executive Officer of iSun. “This award validates not only iSun’s innovative solar canopy products, but also our strategy for addressing the Nation’s EV infrastructure needs.
In addition to experience with solar projects across all sectors, and off-grid solar canopies, the company offers what it calls a “mobility platform.” This is a product, software, and service, featuring an integrated solar canopy with connected EV charging, energy management systems, and support. It is supported by AmpUp, the company’s operating and monitoring software that provides real-time updates on production.
The company also contains a data contracting division, building the electrical components of data management systems for commercial and institutional customers.
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I can’t see any comments yet, so this might have been asked before. What do these canopies cost, and do they include storage for charging at night?
Lucy, it notes these are “off grid” which inherently means there is battery storage included as an integral part of the total system.
What company placed this large order? EVGO perhaps?
$Isun Inc ISUN also installed their own charging units:
Execution of agreement marks iSun’s 4th installation of its branded EV charging unit in 2021 and first placement in the State of Wisconsin.
WILLISTON, Vt.–(BUSINESS WIRE)–iSun, Inc. (NASDAQ: ISUN) (the “Company”, or “iSun”), a leading solar energy and clean mobility infrastructure company with 50-years of construction experience in solar, electrical and data services, and a provisor of proprietary electric vehicle charging platforms, today announced that its iSun’s PALM™ solar-powered EV charging system has been selected by an undisclosed party (‘The Partner’) for a Wisconsin commercial EV charging installation.
Project anticipated to be the first of several installations of iSun’s Mobility Platform for the Partner
Signifies iSun’s successful expansion into new geographic markets
Marks iSun’s 50th commercial EV charging installation
Illustrates the EV charging platform’s utility, value to commercial customers
The Mobility™ Platform leverages iSun’s experience as one of the largest Solar EPC’s in the US to eliminate barriers to EV adoption. Offered in a grid-tied (PALM™) or stand-alone (ROAM™) configuration that generates and stores its own clean electricity to power electric vehicles (‘EV’s), iSun’s Mobility™ Platform is a highly customizable, modular EV charging solution that can easily be tailored to the needs of any specific project, customer or EV, including Class 8 EV trucks. Equipped with iSun’s proprietary AmpUp™ app and software, iSun Mobility™ Platforms include complimentary support from iSun’s Mobility™ Team, who manage all aspects of the system on the owner’s behalf. The Partner’s configuration accommodates 6 vehicles, and comes equipped with under-canopy LED lighting, 2 EV chargers preloaded with iSun’s proprietary software and comes equipped with the iOS dashboard, enabling complimentary monitoring by iSun’s mobility team. The system is powered by 40 72-cell bi-facial solar modules, and is configured for installation on helical piles, allowing for fast installation and relocation should the need arise.
“Our experience installing and maintaining over 50 EV charging stations gives us a customer-centric view of the challenges associated with EV charging solutions,” commented Jeff Peck, iSun’s Chief Executive Officer. “ROAM™ and PALM™ carports address many of the pain-points often associated with EV charging station ownership, including ease of installation, durability, and ongoing management, maintenance, and support. We’re seeing more interest in Mobility Platforms tailored for class-8 vehicle use, which is promising for the future.”
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