![]() ![]() In addition to executing on their existing pipeline, Solar Watt will form the backbone of the Southern California team for CleanSpark's new residential mVoult product line. As a result, upon closing our transaction to acquire Solar Watt, we added more than $10 million dollars of executed contracts to our backlog. This backlog immediately positions CleanSpark as a player in the direct-to-consumer California residential microgrid market. We anticipate scaling up and, being able to offer new product lines while continuing to provide the excellent service our customers have come to expect, which is the foundation for our success."ĬleanSpark's President and CEO, Zachary Bradford, stated, "Over the past year, we have been working with Solar Watt as a partner to strategically expand our collective sales efforts. With their products and resources behind Solar Watt, we will be able to expedite growth in the California area. ![]() The Company's mVoult ( ) product line for residential microgrids will provide opportunities for both companies to expand quickly throughout the state of California and beyond.ĭavid Watt, Founder of Solar Watt, said, "We are extremely excited to join the great team at CleanSpark. Solar Watt has been focused on serving the fire prone communities throughout California by utilizing the Self Generation Incentive Program ("SGIP"), which provides homeowners who have medical needs and reside in vulnerable zones with the opportunity to add energy storage to their homes at little or no cost. CleanSpark Acquires Renewable Energy Developer.
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