Solar3D's SUNworks Division Signs $2.5 Million Contract With Fresno-Based Baloian Packing

Solar3D, Inc. a leading provider of solar power solutions and the developer of a proprietary high efficiency solar cell, announced today that its operating division SUNworks has been contracted by Baloian Packing Company, Inc. to design and install a solar system designed to achieve significant cost savings for the agricultural organization.

Family-owned and operated since 1917, Baloian Packing grows and packs vegetable products including but not limited to peppers, onions, and leaf lettuce. Based in Fresno, the Company distributes high quality fresh produce throughout the United States, Canada and Mexico. Baloian is known for its sustainability practices surrounding water conservation, recycling, and promoting safe working environments.

SUNworks will design and install a 1,098 kilowatt SunPower roof solar system. The system is designed to achieve cost savings of approximately $8,750,000 over the next 25 years, with year one savings exceeding $250,000.  Baloian will recoup their investment in about three years.

“We are pleased to work alongside an organization with the longevity of Baloian, especially keeping in mind their commitment to sustainability within their region,” said Abe Emard, CEO of SUNworks. “Our team is widely recognized for our dedication to excellence in the farming sector, one that consistently generates cost savings for our customers.”

“We are very encouraged by the increased size and scope of projects that our subsidiaries have been contracted for of late, ones that we believe are reflective of our growing footprint in the Northern California region among commercial and agricultural customers,” said Jim Nelson, CEO of Solar3D. “As we pursue our growth-by-acquisition model, Solar3D will continue to establish itself as a dominant solar company, increasing revenue and impacting shareholder value.”