Ozop OZSC Goes Commercial with $1.6 Million Opening PO
Ozop Energy Solutions (OZSC) has announced a major milestone with a $1.6 million purchase order for energy components from Solar Mounts Inc.. This order marks the beginning of a series of monthly orders, with expectations for six or more in total. The collaboration focuses on enhancing energy supply systems for residential and commercial markets. Additionally, Ozop's energy storage division will capitalize on the fluctuating value of electricity, contributing to market growth.
- Received a $1.6 million purchase order from Solar Mounts Inc.
- Anticipates six or more monthly orders, potentially increasing revenue.
- Focuses on the growing residential and commercial energy supply market.
- None.
WARWICK, NY, May 12, 2021 (GLOBE NEWSWIRE) -- Ozop Energy Solutions, Inc. (OZSC), (“Ozop” or the “Company”) OZOP is announcing today that as prelude to its launching the development of commercial energy generation sites, and the opening of its OZOP East division, the company has subsequently received its first PO for
OZOP has received a multi-month multi-megawatt order of components from Solar Mounts Inc. of Michigan. This Purchase order will be the first of 6 or more monthly orders placed with OZOP Energy Systems and each future order be of equal or greater in size.
The importance of this order is that it represents the first of several opportunities OZOP & SMI are exploring jointly. SMI specializes in high quality carports and because of the SMI focus on quality, OZOP & SMI are exploring the high-volume world of residential & small commercial energy supply and support systems.
In addition to specializing in high quality energy system components OZOP, as part of its energy storage department, captures & sells the fluctuating value of electricity as produced from utilities. As part of the opportunities from storage, the stored energy can also be released for a premium on demand to the utilities so we can help reduce the load on the system which is a growing concern. The combination of OZOP and SMI can have far reaching results in the new-market penetration opportunities.
“The addition to our successful OZOP West program, which distributes components for the higher volume distributed energy systems, the commercial sector will allow us to further enter the development and co-development stage of the company.” stated Brian Conway, CEO of Ozop Energy Solutions.
For more information on OZSC please follow on the link, www.OzopEnergy.com
Please be aware that our social media accounts can be used from time to time for additional material events.
https://twitter.com/OzopEnergy
https://www.facebook.com/OzopEnergy/
The Waypoint Refinery (discord.com)
About Ozop Energy Solutions.
Ozop Energy Solutions (http://ozopenergy.com/) invents, designs, develops, manufactures, and distributes ultra-high-power chargers, inverters, and power supplies for a wide variety of applications in the defense, heavy industrial, aircraft ground support, maritime and other sectors. Our strategy focuses on capturing a significant share of the rapidly growing renewable energy market as a provider of assets and infrastructure needed to store energy.
About Power Conversion Technologies, Inc.
Power Conversion Technologies, Inc. (www.pcti.com) invents, designs, develops, manufactures, and distributes standard and custom power electronic solutions. Founded in 1991 and located in East Butler, Pennsylvania, the Company’s mission is to be the global leader for high power electronics with a standard of continued innovation.
About Ozop Energy Systems, Inc.
Ozop Energy Systems is a leading Manufacturer and distributor of Renewable Energy products in the Energy Storage, Solar, Microgrids, and EV charging Station space. We are always among the first to receive the newest technology, products, and application techniques. We offer a broad portfolio of Renewable Energy products at competitive prices with a commitment to customer satisfaction from selection, to ordering, shipping, and delivery.
Safe Harbor Statement
“This press release contains or may contain, among other things, certain forward-looking statements. Such forward-looking statements involve significant risks and uncertainties. Such statements may include, without limitation, statements with respect to the company’s plans, objectives, projections, expectations and intentions and other statements identified by words such as “projects,” “may,” “will,” “could,” “would,” “should,” “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “potential” or similar expressions. These statements are based upon the current beliefs and expectations of the company’s management and are subject to significant risks and uncertainties, including those detailed in the company’s filings with the Securities and Exchange Commission. Actual results may differ significantly from those set forth in the forward-looking statements. These forward-looking statements involve certain risks and uncertainties that are subject to change based on various factors (many of which are beyond the company’s control). The company undertakes no obligation to publicly update any forward-looking statements, whether because of new information, future events or otherwise, except as required by applicable law.”
###
Media Relations Contact:
Brian Hyland
Rubenstein Public Relations
212-805-3055
bhyland@rubensteinpr.com
Investor Relations Contact
The Waypoint Refinery, LLC
845-397-2956
www.thewaypointrefinery.com
FAQ
What is the recent purchase order received by Ozop Energy Solutions?
How many monthly orders does Ozop anticipate from Solar Mounts Inc.?
What market sectors is Ozop targeting with its energy components?
What is the stock symbol for Ozop Energy Solutions?
What does the energy storage division of Ozop do?
