REPOWER by Solar Universe to Become REPOWER America™

REPOWER America Extends Leadership in Residential Solar With Continued Growth of Local Partner Network

OAKLAND, Calif. - Sept. 11, 2017 // PRNewswire // - REPOWER by Solar Universe announced today that the company has officially changed its name to REPOWER America™ , Inc. as of September 8, 2017. The new name reflects the company's strategy of innovating in the U.S. residential solar market and powering the shift to the "long tail" of local and regional solar installers by combining the personal touch of a local provider with the backing of a national solar leader.

"The new company name, REPOWER America, crystallizes our new business model and goal to empower communities across our nation by growing local businesses and enabling homeowners to reduce their energy bills and shift to clean energy," said Judy Ko, Vice President Marketing.

REPOWER America has grown rapidly over the past two years, more than doubling the number of partners in its network to deliver over one hundred percent growth in bookings. In total, REPOWER America has installed over eighty megawatts of solar capacity across the United States.

"REPOWER America has continued to grow as the leading network of local solar franchises across America, backed by our comprehensive support for the end-to-end residential solar value chain," said CEO Mahesh Mansukhani. "Bringing additional independent partners into the REPOWER America family has further bolstered the collective strength of the network, aggregating purchasing power and enhancing the industry's only virtually-integrated solar marketplace."

REPOWER America provides a wide range of benefits to its network of local solar providers, including access to a breadth of financing options, credit and cash flow relief, a market-leading equipment portfolio with competitive pricing and terms, training and operational support, branding and lead generation. Moreover, the company continues to advance its virtually integrated marketplace model and end-to-end technology platform to bring new and unique capabilities distinct to the solar market, including:

Seamlessly connecting originators, installers and other specialists via the marketplace, enabling them to find trusted partners with whom to execute solar projects, and providing access to all the key equipment, financing and other services necessary for an end-to-end solution;

Eliminating tedious workflows, such as system design and processing financing documents, by leveraging an integrated technology platform that combines workflow automation with advanced machine learning to systematically incorporate best practices; and

Integrating the full end-to-end solar sales process across originators, installers, equipment suppliers, distributors, utilities and financiers with an API-first integration approach.

"We have seen great growth in our solar business as a REPOWER America franchise, and their expertise, products and support have helped us become a top solar company in California's Central Valley," said Hogi Selling IV, President of REPOWER Fresno. "I am very excited about the new REPOWER America brand, which will reinforce our message of trust as a local business, and the continued investment in the marketplace and technology will help us grow more rapidly at lower costs."

About REPOWER America

REPOWER America™, Inc. is the largest network of local solar providers in the U.S., backed by the power of a national solar leader. As a national organization with over eighty megawatts of solar capacity installed, REPOWER America provides the scale, expertise and backing to help our network of nearly two hundred trusted, local solar contractors win in the highly competitive residential solar business. By banding together with REPOWER America, local partners gain access to the leading solar marketplace; a best-in-class portfolio of solar equipment and financing options at competitive prices and terms; and marketing, operational, technical and financial training, tools and support.

At REPOWER America, we're not just solar installers. We're your neighbors next door.

For more information visit us at www.repoweramerica.solar.

SOURCE REPOWER America

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