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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