The Peck Company Holdings, Inc. (NASDAQ: PECK) has signed a $7.256 million contract for a 5.3MW solar project in Rhode Island, set for completion in Q1 2021. This contract marks Peck's inaugural venture in Rhode Island, expanding its geographical footprint in the Northeast. The company's growth strategy includes organic expansion, mergers, and investment in solar assets. Additionally, Peck is advancing its merger with Sunworks, Inc. (NASDAQ: SUNW), which aims to enhance its solar EPC platform.
The Peck Company Holdings (NASDAQ:PECK) has secured a 6.8MW solar project contract in Maine valued at $2.365 million, aimed for completion in Q1 2021. This contract enhances Peck's growth in Maine, projected to develop 873 MW of solar capacity in the next five years, transforming into a more advanced market. The company’s three-pronged growth strategy includes organic expansion, accretive acquisitions, and investments in solar assets. Peck remains committed to reducing carbon emissions through renewable energy while maintaining a reputation for quality work over nearly 50 years.