SOURCE: Solar3D, Inc.

Solar3D, Inc.

September 18, 2014 03:02 ET

Solar3D's SUNworks Commercial Division and Recycling Industries to Hold Solar Ribbon Cutting Ceremony

Recycling Industries in North Highlands to Unveil the SUNworks Designed and Installed 400kW Solar System During an On-Site Solar Ribbon Cutting Ceremony September 30, 2014

ROSEVILLE, CA--(Marketwired - Sep 18, 2014) - Solar3D, Inc. (OTCQB: SLTD), a leading solar power company and the developer of a proprietary high efficiency solar cell, announced today that its SUNworks Commercial Division, along with Recycling Industries, Inc. (RI), are hosting a solar ribbon cutting ceremony September 30th at 11:00am to showcase the newly implemented 400kW solar system atop its Sacramento facility.

Recycling Industries has been a fixture within the Sacramento region since 1981, providing products and services to homeowners and businesses including comprehensive recycling programs, school and church fundraisers, recycling centers, and air collection systems. Rallying behind their motto of "Green I$ Good", RI enlisted the help of SUNworks to install the largest solar project for a recycling company in the Sacramento region. RI expects the new SUNworks installed solar array to offset 80% of the power at its 155,000 square foot Watt Avenue recycling facility, increasing electrical efficiency and greatly reducing costs.

"Each day we help thousands of homeowners and businesses reduce their waste, creating a greener community for residents and entrepreneurs. When SUNworks presented us with solar for our plant, we immediately knew it was the right decision for us to pursue," said David Kuhnen, General Manager of Recycling Industries. 

As Recycling Industries is among the largest recycling centers in the Sacramento region, the solar installation has generated significant attention from local, state and federal officials, along with multiple national and regional media outlets. It is expected that several local news stations will be airing the solar ribbon cutting ceremony, with local politicians on-hand including Sacramento County Supervisors Susan Peters and Phil Serna, Assembly Member Roger Dickenson, Senator Jim Nielsen, SMUD Board President Bill Slaton, and a representative from Darrel Steinberg's office in attendance. 

"It's rewarding to see a large enterprise such as Recycling Industries implement a positive program to improve the overall health of a community," said Abe Emard, CEO of SUNworks. "It's even more rewarding to see the community reciprocate in a positive manner, as the Sacramento region has done by embracing the need for clean technology."

"We are thrilled to lead the implementation of such a large solar project to a company that truly leads by example, making the region 'greener'," said Jim Nelson, CEO of Solar3D. "The SUNworks team continues to expand its technology and capabilities, providing companies like Recycling Industries with significant cost savings and increased energy efficiencies."

The Solar Ribbon Cutting Ceremony will be held at 11:00am at 4741 Watt Avenue, North Highlands, CA 95660. For more information regarding the event contact Jeff Donlevy at jrd@recyclingindustries.com

SUNworks is focused on the design, installation and management of solar systems for agricultural, commercial, & residential customers. SUNworks has delivered hundreds of 2.5 kilowatt to 1-megawatt commercial systems and has the capability to deliver systems as big as 25 megawatts.

About Solar3D, Inc.

Solar3D is a leading provider of solar power solutions and the developer of a proprietary high efficiency solar cell. The company's SUNworks division focuses on the design, installation and management of solar power systems for commercial, agricultural and residential customers. SUNworks is one of the fastest growing solar systems providers in California and has delivered hundreds of 2.5 kilowatt to 1-megawatt commercial systems and has the capability of providing systems as large as 25 megawatts. Solar3D's technology division is developing a patent-pending 3-dimensional solar cell technology to maximize the conversion of sunlight into electricity. The Solar3D Cell collects sunlight from a wide angle and lets light bounce around in 3-dimensional microstructures on the solar cell surface. The Company's mission is to further the widespread adoption of solar power by deploying affordable, state-of-the-art systems and developing breakthrough new solar technologies.

To learn more about Solar3D, visit our website at http://www.Solar3D.com.

About Recycling Industries, Inc.

Recycling Industries, Inc. is the largest independent recycling company in the Sacramento region with four state-certified recycling facilities in Sacramento County and Yuba City. Starting from a backyard operation, the company has grown to have over 100 employees at the four facilities. Services include providing walk up recycling centers, to collection of commercial recyclables from businesses, warehouses, to office buildings. The company expanded to provide services to the County of Sacramento's residential recycling collection program in 2012. Recycling Industries management focuses on the design, installation and management of sensible and sustainable recycling programs for commercial and residential customers.

Safe Harbor Statement

Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These risks include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, products, and prospects for sales, failure to commercialize our technology, failure of technology to perform as expected, failure to earn profit or revenue, higher costs than expected, persistent operating losses, ownership dilution, inability to repay debt, failure of acquired businesses to perform as expected, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.

Contact Information