Skip to main content

Sun Pacific Holding Corp Provides Positive Outlook for 2021 Driven by New Partnerships and Project Launches

Written by Customer Service on . Posted in Public Companies.

MANALAPAN, N.J., March 22, 2021 (GLOBE NEWSWIRE) — Sun Pacific Holding Corp. (“Sun Pacific Holding” or the “Company”) (OTC Pink: SNPW), focused on the development and commercialization of renewable and solar energy technologies, provides a positive outlook for 2021 driven by new partnerships and expected project launches that the Company believes should create a new foundation for growth. These include the following:

  1. The proposed 50MW solar farm project in Durango Mexico continues its development after a delay due to Covid-19 and is currently undergoing a financial review with a selected EPC and funding group. This partnership is targeting a financial closing and the commencement of construction in 2021.
     
  2. The Company’s membership with Geopath is expected to support a strategy for expanding our market reach to targeted advertisers in the OOH industry. By adding the Company’s subsidiary Street Smart Outdoor Corp’s inventory to the Geopath Insights Suite we should witness enhanced metrics that are key to advertisers both locally and nationwide that empowers an increase in data-driven buying.
     
  3.  The Company’s recently announced MOU with Atlas Transit Solutions to collaborate on the development of a high efficiency off grid digital plug and play modular unit will develop a new SMART Bus Shelter which integrates a new software as a service that enhances the commuters experience while driving a new unique and proprietary product offering.
     
  4. The Company’s subsidiary Medrecycler RI, Inc. continues to progress through the regulatory process for the approval to construct a 48,000 SF state-of-the-art pyrolysis facility expected to process 70 tons of medical waste per day. With approval and the completion of financing, the project should be operational by the end of 2021.
     
  5. The Company’s subsidiary National Mechanical Group is taking steps towards the testing and preparation for UL certification for its patented glass-less solar panels for commercial and government use. The approval for this new proprietary product should provide the Company with licensing and partnership arrangements that should drive the monetization of this unique company held IP.

Nicholas Campanella, Chairman and Chief Executive Officer stated, “2020 presented many challenges and delays for the Company, yet we have taken deliberate steps to provide a new solid foundation to grow the Company in a focused and responsible manner, taking the opportunity to build valuable relationships and expand into international markets through partnerships and other collaborations. We are excited by the opportunity to position the company for a bright future in 2021 and beyond.”

About Sun Pacific Holding Corp.

Sun Pacific Holding Corp. (OTC Pink: SNPW) is a publicly traded company with the mission to transform neighborhoods across the USA into smart cities powered by renewable energy. Our focus is protecting the environment by adapting new green technologies and developing synergy across our subsidiaries. Our aggressive pursuit of opportunities in green driven solutions deliver competitive solutions for communities and value for our shareholders.

For more information, visit www.sunpacificholding.com.

IR Contact
Sun Pacific Holding Corp
Phone: +1 (888) 845-0242
Email: ir@sunpacificholding.com
Website: www.sunpacificholding.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.