Three Sixty Solar certifies new tower design, The Canadian Business Journal

– Increases electrical output by 300%

VANCOUVER, British Columbia, October 21, 2022 (GLOBE NEWSWIRE) — Three Sixty Solar Co., Ltd. (NEO: VSOL) (OTC: VSOLF) (“Three Sixty”, “Three Sixty Solar” or the “Company”) is an innovative alternative energy design, manufacturing and marketing organization that brings solar power to the global market. We focus on equipment supply. is pleased to announce the development of an all-new large scale photovoltaic tower for multi-tower megawatt applications.

With growing interest in the company’s innovative solar tower portfolio, Three Sixty Solar’s development team and partners undertook a project to design a significantly scaled-up version of the base tower configuration. The result is an entirely new model based on design criteria requiring large towers capable of withstanding wind, seismic and associated structural loads, up to 120 feet vertical height, and maximum photovoltaic electrical output. was successfully engineered. Up to 250 kW rated power. This is more than a 300% increase compared to the current largest tower design.

With the introduction of this new model, Three Sixty Solar will install a full megawatt of rated power (enough to power 100 homes*) using only four towers occupying less than 10,000 square feet of land You will be able to This represents less than 5% of the land required for a typical ground-mounted solar installation of the same rated output.

Three Sixty Solar CEO Brian Roth said: The larger format also allows more utilities to be integrated within the tower, including rugged battery storage systems, communications equipment, and more. With its massive applicability, this new design, he expects, will be a game-changing opportunity on the road to deploying his previously stated goal of 500 megawatts of power within the next five years. We are confident that we are on track to unlock meaningful shareholder value by expanding our product lines to meet the growing demands of a green society. ”

Three Sixty Solar will form the previously announced Creative Direct Marketing Group, Inc. (“CDMG”) (Founder and CEO: Craig Huey; Address: 1313 4th Avenue North Nashville, TN 37208, United States; Phone: 615-814- 6633) Marketing Services.

CDMG will consider $802,500 (US) to create campaigns, report logs, news logs, email series, native and display ads for physical and digital media, and set up remarketing campaigns, as required and manage and draw attention to the company’s business. Promotional activities are conducted through print, email and social media.

On behalf of the Board of Directors,

–Brian Ross—

Brian Ross
Chief Executive Officer and Director
Three Sixty Solar Co., Ltd.
www.threesixtysolar.com

*Based on 1,000 hours of annual power generation and an average annual household consumption of 10,000 kWH. Power generation and average consumption vary by location.

About Three Sixty Solar Ltd. (NEO: VSOL) (OTC: VSOLF)

Three Sixty Solar Ltd. is an innovative alternative energy design, manufacturing and marketing organization focused on supplying solar equipment to the global market. The company’s primary product line is his patent-pending SVS series commercial solar towers. According to Statistics MRC, the solar farm sector is expected to grow to about $296 billion by 2028. -Positioning adjacent to residential, retail, agricultural and industrial locations minimizes line loss and maximizes energy delivery where renewable energy installations have traditionally been difficult. Multi-tower applications allow developers to take advantage of the space between towers to make better use of their land assets through additional revenue-generating activities. Designed to withstand major extreme weather conditions, Three Sixty Solar provides a clean energy solution with minimal impact on the environment and habitats. For more information, please visit www.threesixtysolar.com and watch the video. To stay up to date, sign up to receive news alerts and follow us on Instagram (@threesixtysolar.vsol), Twitter (@ThreeSixtySolar), and Facebook (@threesixtysolar.vsol).

Forward-Looking Information Disclaimer

To the extent that this letter is not historical fact, this letter contains statements and information that may constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking information may include financial and other projections and statements regarding future plans, objectives or economic performance or the assumptions underlying any of the foregoing. In some cases, forward-looking statements are “may,” “would,” “could,” “will,” “likely,” “exclude,” and “expect.” can be identified by terms such as , “believe” and “intend”. , “plans”, “forecasts”, “plans”, “estimates”, “outlooks” or other similar expressions relating to the negative of these or matters that are not historical facts. Examples of such statements include statements regarding the destructive potential of our solar towers, where they can be installed, and our ability to install solar towers that generate at least 500 MW of electricity. but not limited to: for the next five years.

Forward-looking information is based on assumptions made in light of management’s experience, trends, perceptions of current conditions, expected developments and other factors that management believes to be relevant and reasonable. , based on estimates, analyzes and opinions. As of the date such statements are made, they may prove to be inaccurate. Factors and assumptions include, but are not limited to, key personnel and qualified employees who continue to be involved with the Company. our ability to secure additional funding on reasonable terms; competitive conditions in the sectors in which we operate; Laws and Amendments Applicable to Us.

Forward-looking information involves known and unknown risks, uncertainties and the Company’s actual results, performance or performance may differ materially from future results, performance or performance expressed or implied by forward-looking information. It includes other factors that can cause different. risks associated with our future business plans; The risk that we may not be able to secure key personnel; the risk that we may not be able to secure financing on reasonable terms or at all, and as described under the heading “Risk Factors” in our filing dated August 3, 2022, filed under our profile; All other risks at www.sedar.com. Accordingly, readers should not place undue reliance on such forward-looking information. In addition, forward-looking information speaks only as of the date such statements are made. New factors emerge from time to time and it is not possible for our management to predict all such factors and the extent to which each such factor, or factor or combination of factors, will affect our business. It is impossible to assess in advance who will be affected. Actual results may differ materially from those contained in the forward-looking information. We do not use forward-looking information to reflect information or events after the date they were made or to reflect the occurrence of unanticipated events, except as required by law, including securities laws. shall not be obliged to update to

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contact address

Three Sixty Solar Co., Ltd.
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Email: [email protected]
Phone: +1 (778) 383-6743

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