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Sun Pacific Holding Corp. announces its subsidiary Sun Pacific Power now providing Nano Solar Panels; “CIG’s industry market capacity to reach USD 8.5 billion by 2024”

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Sun Pacific Holding Corp. (OTC: SNPW) announced the launch of its innovative "NANO SOLAR" panels, aiming for worldwide sales of up to 50 MW annually. The new product features solar panels utilizing cutting-edge nano technology and building-integrated photovoltaics (BIPV). CEO Nicholas Campanella emphasized the panels' lightweight design and aesthetic options, catering to diverse applications while enhancing energy efficiency. The CIGS (Copper, Indium, Gallium, Selenium) technology promises high reliability and performance, making it suitable for various installations.

Positive
  • Launch of NANO SOLAR panels with potential worldwide sales of up to 50 MW annually.
  • Utilization of advanced nano technology for greater efficiency in solar energy.
  • Introduction of lightweight and aesthetically versatile building-integrated photovoltaic (BIPV) panels.
Negative
  • None.

MANALAPAN, N.J., Jan. 11, 2022 (GLOBE NEWSWIRE) -- Sun Pacific Holding Corp. (OTC: SNPW) is pleased to announce Sun Pacific Power “NANO SOLAR” panels offering worldwide sales and capacity for up to 50 MW per year. With this new product line Sun Pacific will have the opportunity to provide nano technology and building integrated solar panels that can deliver greater efficiency.

Nicholas Campanella, CEO of Sun Pacific Holding Corp. said, “We are excited to bring to the emerging renewable energy market this state-of-the-art technology to expand our solar footprint and offer Nano Solar CIGs on a worldwide level. Our product will be used for various applications and offering light weight panel technology with the option to provide various colored solar panels for building facades and reducing roof loads.”

Sun Pacific Power CIGS modules are designed and manufactured to the highest reliability standards. The semiconductors in Stion’s thin-film solar panels are made of Copper, Indium, Gallium, Selenium and Sulfur (a compound commonly abbreviated as CIGS). Traditionally, CIGS-based materials have demonstrated the highest efficiencies of any thin-film technology. However, there are many variations of the technology and performance varies widely based on how the materials are deposited and processed. CIGS semiconductor film is comprised of both metallic and non-metallic elements. Stion employs two separate process steps to form the semiconductor film.

The first is ideally suited for deposition of metallic elements.

The second is ideal to supply and incorporate non-metallic elements in the film.

These two processes enable exceptional large area uniformity.

BIPV - Building-integrated photovoltaics. The solar photovoltaic panel is integrated into the building fabric rather than a 'tack-on' addition and the PV panel replaces conventional building cladding materials but with the added benefit of producing renewable electricity. The key advantage of Building Integrated Photovoltaics (BIPV) is the marginal additional cost in installation. BIPV is one of the fastest growing segments of the photovoltaic industry.

BIPV also delivers further advantages. Its applicability to a wide range of applications, vertical and horizontal surfaces mean a wider area can be employed to generate solar energy than just conventional roof tops. Further, by generating electricity at point of use means that transmission losses are reduced and no upgrade of the grid is required.

BIPV glazing can also deliver added energy saving benefits in reduced heat loss and heat gain and as a non-mechanical system requires little or no maintenance over its lifetime.

The Sun Pacific Power range of BIPV modules provide good environment adaptability, less sensitive to installation angle and are more suitable for vertical installation. One or more combination of our BIPV module types can be used to create a unique look and feel to your building. This provides all with the benefit of generating power without additional space requirement such as traditional solar panels

Follow this link to our product line @ https://sunpacificpower.com/nano-solar/

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 http://www.sunpacificholding.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

345 Highway 9 South Suite 388

Manalapan, NJ 07726

Phone: +1 (888) 845-0242

Email: ir@sunpacificholding.com

Website: http://www.sunpacificholding.com


FAQ

What are the features of Sun Pacific Holding Corp.'s NANO SOLAR panels?

The NANO SOLAR panels incorporate advanced nano technology, are lightweight, and offer various aesthetic options for building-integrated applications.

What is the sales capacity for Sun Pacific Holding Corp.'s new solar panels?

The company targets sales of up to 50 MW annually for its NANO SOLAR panels.

What technology does Sun Pacific Holding Corp. use in its solar panels?

The solar panels utilize CIGS technology, which stands for Copper, Indium, Gallium, and Selenium.

What advantages do building-integrated photovoltaics (BIPV) offer?

BIPV panels integrate with building materials, providing energy generation without additional space requirements and reduced installation costs.

What is Sun Pacific Holding Corp.'s stock symbol?

The stock symbol for Sun Pacific Holding Corp. is SNPW.

SUN PACIFIC HOLDING CORP

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