Borrego Solar

Borrego Solar
Private
Industry Renewable Energy
Founded 1980 (1980)
Founder James Rickard
Headquarters San Diego
Area served
United States
Key people
  • Mike Hall, CEO
  • Aaron Hall, Chairman and President
  • William J. Bush, CFO

[1]

Number of employees
170 (2015)[2]
Website www.borregosolar.com

Borrego Solar is a solar energy system designer, developer and installer of commercial and utility-scale projects. The company also operates and maintains solar equipment for more than 200 megawatts (MW) of solar capacity. Borrego Solar's operations and maintenance includes a number of utility-scale projects it has constructed as well as some it has not, including a 2.4 (MW) installation at the Anaheim Convention Center, and a 17 MW installation in Massachusetts.[3]

Borrego Solar is headquartered in San Diego, California with additional offices in Boston, Oakland, and Manhattan.[4][5]

History

Borrego Solar Proehl Studios

Borrego Solar was founded by the astrophysicist James Rickard and his colleagues in 1980 after they designed and installed a solar system for his house in Borrego Springs, California.[4] Through the 1980s and 1990s the company continued to complete small residential jobs and by 2000 it was mostly done operating. In 2001, as a part of a final project for his economics class, Aaron Hall, a family friend, presented Rickard with a business plan to revive the business.[6][7] That same year, shortly after Hall's graduation from Northwestern University, Rickard sold half of the business to Hall.[8]

The company completed large scale installations at Qualcomm's Building W Campus and University of California, San Diego in 2008.[9][10] In February 2009, the company raised $14 million in venture funding for expansion.[11][12] Borrego Solar sold its residential solar installation business to groSolar, a company based in White River Junction, Vermont in 2009 in order to focus its business on commercial buildings, schools and other public sector projects.[8][13]

In 2014, the company reached an agreement with the San Diego County Regional Airport Authority to develop and build a 3.3 MW system on the roof of Terminal 2 at the San Diego International Airport.[14] The Sacramento International Airport reached an agreement with Borrego Solar and NRG Energy to design and operate a large photovoltaic array at the airport in April 2015.[15]

References

  1. ↑ "Company Overview of Borrego Solar Systems, Inc.". Bloomberg. Retrieved November 7, 2016.
  2. ↑ "Borrego Solar Systems". Solar Power World. Retrieved November 7, 2016.
  3. ↑ Allen, Mike (February 5, 2015). "Borrego Solar Systems Reports Record Year in 2014". San Diego Business Journal. Retrieved November 7, 2016.
  4. 1 2 Jung, Jayne (March 31, 2012). "CEO Interview: Borrego Solar's Mike Hall". Forbes. Retrieved November 7, 2016.
  5. ↑ "Contact Us". Borrego Solar. Retrieved November 7, 2016.
  6. ↑ Hargadon, Sean. "A Solar Powerhouse". Northwestern. Retrieved November 7, 2016.
  7. ↑ Nagappan, Padma (December 31, 2008). "Young CEO Leads Borrego Solar Through Another Bumper Year". San Diego Source. Retrieved November 7, 2016.
  8. 1 2 Bigelow, Bruce (February 5, 2010). "The Outlook for Solar: Q&A With Borrego Solar CEO Mike Hall". Xconomy. Retrieved November 7, 2016.
  9. ↑ Rico, Carlos (February 1, 2008). "Qualcomm Installs Solar Panels on Building W Campus". San Diego Source. Retrieved November 7, 2016.
  10. ↑ "Dynalectric Works to Make UCSD 'Grow' Solar". San Diego Source. December 5, 2008. Retrieved November 7, 2016.
  11. ↑ Lombardi, Candace (February 4, 2009). "Borrego Solar Scores $14 Million in Funding". CNET. Retrieved November 7, 2016.
  12. ↑ Kho, Jennifer (February 4, 2009). "Borrego Solar Raises $14M in First VC Round". Gigaom. Retrieved November 7, 2016.
  13. ↑ Dolan, Kerry (September 9, 2009). "Ten Minutes That Mattered: Aaron Hall". Forbes. Retrieved November 7, 2016.
  14. ↑ Hales, Roy (April 1, 2014). "Borrego Is Installing Solar At San Diego International Airport". Clean Technica. Retrieved November 7, 2016.
  15. ↑ Anderson, Mark (April 13, 2015). "San Diego Company is Top Bidder for $15m Airport Solar Array". Sacramento Business Journal. Retrieved November 7, 2016.
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