Fresno City Council to Hold Additional Hearing on Solar3D/MD Energy Project on August 20, 2015
Santa Barbara, CA – July 30, 2015 – Solar3D, Inc. (Nasdaq: SLTD), a leading provider of solar power solutions and the developer of a proprietary high efficiency solar cell, today announced that the City of Fresno has decided to hold an additional hearing on the Fresno/Clovis Wastewater Reclamation Facility on August 20, 2015. Solar3D’s MD Energy subsidiary was recently awarded and executed a contract on a $10 million, 2-megawatt solar project, the final approval of which is subject to the city council’s vote.
Jim Nelson, CEO of Solar3D, said, “We look forward to working with the City of Fresno and providing the city management and city council with whatever information they need to make the best decision for the City in moving this process forward.”
About Solar3D, Inc.
Solar3D, a leading provider of solar power solutions, is focused on the design, installation and management of solar power systems for commercial, agricultural and residential customers. Through its wholly owned subsidiaries, Solar3D is one of the fastest growing solar system providers in California, delivering 2.5 kilowatt to multi-megawatt commercial systems. 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
