The Peck Company Holdings, Inc. (NASDAQ: PECK) (the "Company" or "Peck"), a leading commercial solar engineering, procurement and construction (EPC) company, is pleased to announce that it has expanded its pipeline of solar project portfolios in Maine for up to 50 MWs capacity from a leading solar development company focused on community-scale, commercial & industrial-scale and small utility-scale solar PV systems.
The Peck Company Holdings Chief Executive Officer, Jeffrey Peck, commented, "During the COVID-19 pandemic, we continue to work in the field to the maximum extent authorized and are poised to support the economic recovery in the northeast/New England area with the development of clean energy across the region. We are extremely pleased and excited to have been chosen to work with one of the northeast's top solar developers. Maine's solar market has been advancing steadily under Governor Mills' leadership and is poised to be a driver of their economic recovery coming out of the pandemic, as a number of renewable energy bills have recently been passed by its state legislature." Mr. Peck continued, "We are systematically expanding our pipeline in key markets like Maine in preparation for our recently announced growth initiatives with Green Bond Advisors."
According to SEIA's Solar Market Insights Report, Maine is projected to develop 873 MW of solar over the next 5 years, which will result in Maine moving from one of the lesser developed solar markets in the country to one of the more advanced over the next several years.
About The Peck Company Holdings, Inc.
Headquartered in South Burlington, VT, The Peck Company Holdings, Inc. is a 2nd-generation family business founded in 1972 and rooted in values that align people, purpose, and profitability. Ranked by Solar Power World as one of the leading commercial solar contractors in the Northeastern United States, the Company provides EPC services to solar energy customers for projects ranging in size from several kilowatts for residential properties to multi-megawatt systems for large commercial and utility scale projects. The Company has installed over 125 megawatts worth of solar systems since it started installing solar in 2012 and continues its focus on profitable growth opportunities. Please visit www.peckcompany.com for additional information.
Forward Looking Statements
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Words or phrases such as "may," "should," "expects," "could," "intends," "plans," "anticipates," "estimates," "believes," "forecasts," "predicts" or other similar expressions are intended to identify forward-looking statements, which include, without limitation, earnings forecasts, effective tax rate, statements relating to our business strategy and statements of expectations, beliefs, future plans and strategies and anticipated developments concerning our industry, business, operations and financial performance and condition.
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Contacts
Michael d'Amato
IR@peckcompany.com
p802-264-2040
