Replies to post #15014 on GOOD TRADERS FORUM

[powerbattles]

From my point of view the float now fully lock up in strong hands. Share getting thinner than ever. This can see multi cents with the right news.

[powerbattles]

SNPW JA solar and Sungrow already on board this $80 million dollar solar project!

Sungrow
https://www.sungrowpower.com/

Sungrow is a world-class technology provider for residential, commercial, and utility-scale PV power plants. Founded in 1997, Sungrow has is a customer-oriented and innovation-led organization focusing on renewable power generation. For over 20 years, Sungrow has spearheaded innovation in the PV inverter industry with its consistent focus on R&D. This focus on R&D has kept Sungrow’s broad product lineup as the preeminent choice in the ever-evolving solar industry. Sungrow is now the world’s leading PV inverter manufacturer, with over 20 Gigawatts deployed globally. With 11 subsidiaries worldwide located throughout North America, Asia, Europe, Australia, and South America, Sungrow has its products installed and operating in over 50 countries. As the worldwide market leader, Sungrow currently has market shares of approximately 40% in China and over 20% in Germany. Offering a wide range of solutions and services, Sungrow is committed to the development of world-class PV inverters to meet the growing demand for green energy. Sungrow has demonstrated this devotion through continued investment in R&D as well as its strong service commitment to customers. As a Sungrow customer, you receive not only a first-class product line, but also the support of Sungrow’s global service team that has been involved in the design and implementation of some of the largest PV power plants worldwide. This longstanding devotion to customer service and product improvements has enabled Sungrow to remain at the forefront of the growing renewable energy industry.





"As a leader of innovation in the solar industry, Sungrow possesses a dynamic R&D team which consists of over 1000 employees. The Company has also invested its own in-house testing center approved by UL, CSA, TÜV Rheinland, and TÜV SÜD. In 2019, Sungrow launched the world’s largest inverter factory, once fully operational, the global annual production capacity will reach 50 GW, including 3 GW of India factory.

The world's largest provider of central and string 1500V solutions,
https://www.bloomberg.com/press-releases/2019-11-08/sungrow-now-the-largest-supplier-of-string-and-central-inverters-in-the-americas

JA solar
http://www.jasolar.com/html/en/

[powerbattles]

Sun Pacific Holding Corp's Subsidiary National Mechanical Group, in Partnership with Blissful Holdings, Identifies $80 Million Project Funding Source/Partner for Solar Farm Project in Durango, Mexico
9:15 AM ET 11/20/19 | GlobeNewswire
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3:58 PM ET 11/19/19
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Sun Pacific Holding Corp's Subsidiary National Mechanical Group, in Partnership with Blissful Holdings, Identifies $80 Million Project Funding Source/Partner for Solar Farm Project in Durango, Mexico

MANALAPAN, N.J., Nov. 20, 2019 (GLOBE NEWSWIRE) -- Sun Pacific Holding Corp. (Other OTC: SNPW) announces that its wholly owned subsidiary, National Mechanical Group ("NMG") in partnership with Soluciones De Energia Diversificada Internacional, S.A.P.I. ("SEDI"), a subsidiary of Blissful Holdings, LLC, has identified, received preliminary terms, and is proceeding with due diligence including a site visit in December with a project funding source/partner in support of its partnership with SEDI to build and develop the Durango, Mexico Solar Farm Project. The proposed project funding would be for up to $80 million in capital to build a 40 plus megawatt solar farm in which NMG and SEDI would own a thirty percent equity interest in the completed project.

The current partnership was established to co-develop a 10 to 40 plus megawatt solar farm in Durango, Mexico utilizing the partners' respective expertise and industry knowledge. The first milestone in this project was the execution of land's rights and power purchase agreements. The second milestone was the selection of key manufacturers. The third milestone has been to identify a project funding source/partner and commence due diligence with a target for closing on financing in early 2020.

Nicholas Campanella, CEO of Sun Pacific Holding Corp, stated, "We are very pleased that we have identified and are starting due diligence with a potential funding source/partner for the project in Durango, Mexico. We look forward to working with them as they move through their underwriting, analysis and site visits. At Sun Pacific a key strategy for us is to identify opportunities and build partnerships that can allow us to utilize creative financing alternatives to build value for our stakeholders through the management and/or equity or profit sharing arrangements in those partnerships."

Mr. Campanella further added, "While we diligently evaluate and work on new ways to build stakeholder value, we would like to reaffirm that, at this time, the company is not undertaking a reverse stock split and prior to such action we would inform our stakeholders. We continue to wait and watch to see how the market reacts to how our various projects evolve to determine if and when the need for such an action might be appropriate. We believe that by focusing on our subject matter expertise and relationships to develop green energy projects with various contributing partners that we can enhance value for all of our stakeholders."

The company looks forward to keeping its stakeholders aware of the progress of our partnership in Durango, Mexico, along with its other developing initiatives in clean energy solutions.

About Sun Pacific Holding Corp.

Sun Pacific Holding Corp. (Other OTC: SNPW) uses management's knowledge and experience to serve its customers and now its shareholders through quality service and equipment, working to keep customers satisfied, and by doing our part in protecting the environment with smart green technology. For more information, visit www.sunpacificholding.com.

About Blissful Holdings LLC.

Blissful Holdings is a company whose specialty is the development of sustainability focused projects in all their forms and also represents international companies that provide high-value products and services. Blissful Holdings' intent is to have a positive impact on society, government and the environment. For more information, visit www.blissfulholdings.com.

Safe Harbor and Forward-Looking Statements

This news release contains statements that involve expectations, plans or intentions (such as those relating to future expansion or financial results) and other factors discussed from time to time in the Company's OTC Markets filings. These statements are forward-looking and are subject to risks and uncertainties, so actual results may vary materially. You can identify these forward-looking statements by words such as "may," "should," "expect," "anticipate," "believe," "estimate," "intend," "plan" and other similar expressions. Our actual results could differ materially from those anticipated in these forward-looking statements as a result of certain factors not within the control of the company. The company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. The company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.

IR Contact

Sun Pacific Holding Corp

215 Gordons Corner Road

Manalapan, NJ 07726

Phone: [phone] Email: [e-mail]

Website:www.sunpacificholding.com

> Dow Jones Newswires

November 20, 2019 09:15 ET (14:15 GMT)

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