- Business
- Sun Pacific Holding Corp. (OTC: SNPW) is a green energy company focused on renewable energy development projects, including solar power and waste-to-energy initiatives; it provides solar panel, lighting, and battery storage products through partnerships with design, engineering, integration, and installation firms; and offers specialized solar-powered products such as bus stops, trash cans, street kiosks, and advertising services, alongside general, government, and contracting services. The company operates primarily in the United States, with distribution activities extending internationally via Sun Pacific Power PTY LTD in Australia; it maintains subsidiaries including Sun Pacific Power Corp. for solar and renewable projects, National Mechanical Group Corp. for patent holdings, Elba Power Corp., and Sun Pacific Power PTY LTD for solar panel sales and distribution. Incorporated in 2009 and headquartered at 345 Highway 9 South, Suite 388, Manalapan, New Jersey, the company holds an agreement with a South Asian manufacturer serving as original equipment manufacturer for its solar panels and related products. Recent developments include its subsidiary National Mechanical Group, in partnership with Blissful Holdings, identifying an $80 million project funding source in 2023; Sun Pacific Power Corp. executing an exclusive distribution contract with GEP New Energy Co. Ltd. in June 2023; and Elba Power Corp. completing a $2.95 million property purchase in Elba, Alabama, in April 2023 for a solar manufacturing plant.