SUNworks is involved in the design, installation and management of solar systems for commercial customers.
SUNworks, which holds the capability to supply systems as big as 25MW, has delivered hundreds of 2.5kW to 1MW commercial systems, according to Solar3D.
Solar3D CEO Jim Nelson said the opportunity represented by SUNworks allows the company to participate in the fastest growing segment of the solar industry.
"We are confident, based on all of our internal data and market analysis, that we will have very strong organic growth in 2014. Further, the SUNworks acquisition strengthens our management team, which will allow us to explore additional acquisitions," Nelson added.
SUNworks president Emil Beitpolous said, "Joining Solar3D allows SUNworks to move to the next level as an industry competitor. We share the strategy of connecting with the customer at the end-user level to provide high quality, affordable solar solutions."
Image: Solar3D has acquired provider of solar systems SUNworks. Photo: Courtesy of worradmu/ FreeDigitalPhotos.net.
