ABCO ENERGY, INC. http://www.abcosolar.com/ ABCO Energy, Inc. (the 'Company') is a commercial and residential installer of Photo Voltaic (PV) solar systems, LED lighting solutions and financing for all of these energy saving products. ABCO Energy, Inc. is a Nevada corporation, doing business as 'ABCO Solar' which maintains offices located in Tucson, Arizona. ABCO is a fully reporting public company trading under the symbol ABCE on the OTCQB Market. ABCO has wholly owned subsidiaries operating under the names of ABCO Solar, Inc. an Arizona Company and Alternative Energy Finance Corporation, a Wyoming Company. Share Structure: A/S 2,000,000,000 as of August 1, 2018 O/S 339,099,209 as of August 1, 2018 Float 28,396,049
as of August 9, 2018
Address: Telephone #: Fax: Email:
2100 N. Wilmot, Suite 211 520-777-0511 520-620-5574 InvestorRelations@abcoenergy.com
ACBO Energy Announces a Million Dollar Contract
ABCO Energy, Inc, (OTC PINK: ABCE) August 8, 2018, Tucson, Arizona, announced that they have signed a $950,000 commercial solar project and anticipate an additional $35,000 commercial lighting contract on the same facility with ABCO crews providing all construction. The project is on a 72-unit apartment complex and will consist of both roof top and car park shade structures. The owners will enjoy approximately $80,946 from the solar electric generation plant and $15,981 first year savings from the LED lighting project, for a total first year savings of approximately $96,927. In addition, the federal and state tax credits totaling $310,000 will further increase the owner's return on investment. Over a period of 25 years, this project is expected to provide cost reduction for the customer in excess of $3,445,000.
'Coupled with our first seven months of sales and booked backlog of over $1,500,000, ABCO's anticipated sales booked for the year already exceeds $2,500,000,'' said Charles O'Dowd, President of ABCO Energy. ''With this large backlog of signed commercial and residential solar projects and several quoted projects in the pipeline at this time, we are hopeful for a record year in sales and profits.
ABCO ENERGY ANNOUNCES MIDYEAR RECORD SALES CONTRACTS TOTALING $1,481,000
ABCO Energy, Inc, (OTC PINK: ABCE) July 10, 2018, Tucson, Arizona, announced that they have signed more residential contracts in the first six months of 2018 than in any previous year. The signed agreements will provide the company with a backlog of work to be completed during the third and fourth quarter of 2018. The total residential contracts are approximately $1,250,000 and the commercial projects total $231,000. This sales record is an increase of 48% over the same period in the prior year which totaled $1,002,000. “After seeing a profit in the first quarter of 2018 on record sales, we are beginning to see a number of changes in our market that will provide profit opportunities throughout the rest of the year. We are struggling with hiring problems due to availability of construction workers in Arizona but have been able to cope with the growth with intensive management, training and quality hiring” said Charles O’Dowd, President of ABCO Energy. “We have a very large pipeline of quoted commercial work at this time and are hopeful that we will sign and find customer financing for the projects we have in the loop”.
ABCO ENERGY ANNOUNCES COMPLETION OF PARKING SHADE COMMERCIAL SOLAR PROJECT
ABCO Energy, Inc, (OTC PINK: ABCE) April 30, 2018, Tucson, Arizona, announced today that they have completed a two part solar shade structure for a prominent Tucson commercial business. This duel structure consists of a 90 foot long parking shade structure and a 24 foot high atrium cover completely covered with solar panels. Combined the project totals 88 KWH and sold for approximately cost $307,000.
ABCO ENERGY ANNOUNCES COMPLETION OF THIN FILM COMMERCIAL PROJECT
ABCO Energy, Inc, (OTC PINK: ABCE) April 26, 2018, Tucson, Arizona, announced today that they have completed their first thin film commercial project and the first of its kind in the Tucson market. This unique project is a thin film solar installation on a church with a standing seam metal roof. The custom made thin film panels seen below glue down to the roof between the seams and weigh only 15% of the normal panel weight. “This unique panel system is the answer to many solar applications where weight has been a factor”, says Charles O’Dowd, President of ABCO Energy, “This product will increase our opportunities for many more steel buildings that are prevalent in our area. We have always been ready to add new products and meet the challenges they present so we can reap the rewards of growth” and “this product is one of our best”.
ABCO ENERGY ANNOUNCES 2017 BOOKED SALES OF $1,756,000
ABCO Energy, Inc, (OTC PINK: ABCE ) December 21, 2017, Tucson, Arizona, announced today that they have accumulated an $1,756,000 of booked sales for 2017. Our residential sales were approximately $1,296,000 and our commercial sales totaled approximately $460,000 for the 12 months. Total sales for the year 2017 will be adjusted for current work in process as part of our annual audit which will be completed prior to April 15, 2018. Our booked sales increased by 218% over the same period in 2016. Our backlog of current unfinished work totals approximately $405,000 and consists of both residential and commercial projects to be finished next year. This backlog of work will provide ABCO a healthy beginning for 2018 which will be completed and reported in the first quarter of 2018. According to Charles O’Dowd, President of ABCO Energy “We are very proud of our growth in sales and have worked very hard to make this happen in 2017. ABCO also has a pipeline of larger commercial jobs already in the proposal stage which we believe will result in signed contracts in 2018 to supplement the initial 2018 backlog. This pipeline and our backlog is promising a strong year. We will continue to pursue sales of larger commercial solar projects to supplement our residential work. ABCO also has new contractual relationships with three new third party financiers that will help sales by providing us with financing for our customers we may have lost in the past due to lack of financing. We plan on 2018 to be a banner year for us and our aggressive sales approach should carry this through. We have added two new professional sales persons during 2017, one for residential and one to focus on the solar air conditioning business of ABCO”.