SUNworks focuses on the design, installation and management of solar systems for commercial customers in California, US.
The company has delivered commercial systems of capacities ranging from 2.5kW to 1MW and is also claimed to have the capability to offer systems as big as 25MW.
Solar3D CEO Jim Nelson said the transaction would enable company to perform well in the solar industry with its proprietary Solar3D Cell technology.
"We are confident, based on all of our internal data and market analysis, that we will have very strong organic growth in 2014, Nelson added.
"Further, the SUNworks acquisition strengthens our management team, which will allow us to explore additional acquisitions."
SUNworks president Emil Beitpolous said with Solar3D’s technology, the company would be able to provide high quality and affordable solar solutions to customers.
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By GlobalData"Solar3D provides the vision and partnership commitment that will help us become an even greater force in our industry," Beitpolous added.
Solar3D is engaged in developing a three dimensional solar cell technology to maximise the conversion of sunlight into electricity.
