Borrego Solar Systems expands management team to accommodate business growth

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2011 has been a busy year for Borrego Solar Systems, with module supply deals in February and their solar consulting and development services division advising on over 180MW of utility-scale solar projects. Earlier this month they also signed a Master Service Agreement with Satcon Technology to provide 35MW of industry-leading, utility-ready solar power solutions.

This increased demand for the company’s end-to-end solar power services has prompted new recruits in operations and project development; Clark Thompson joins the company as vice president of operations and Ted Walsh joins as director of project development, western US.

“We were able to increase sales and contracts in our existing markets, while expanding into new geographies and industries,” said company CEO Mike Hall. “We needed to expand our management team to support this growth and we are thrilled to have Clark and Ted onboard to help us close out 2011 and make 2012 another growth year for the company.”

Thompson will help manage the company’s growing portfolio of large-scale projects for commercial, government, industrial and utility customers. He brings 27 years of experience as a commercial electrical contractor. Before focusing strictly on solar power, Thompson spent 10 years as president and CEO of Neal Electric, one of San Diego’s leading commercial electrical contractors.

As director of project development, Walsh will help the company expand into new markets in emerging western regions, such as Arizona and Texas. He comes from a vice president of sales position at SPG Solar, where he directed all commercial project development efforts for the company.

Borrego Solar has secured US$100 million to finance nearly 20MW of projects with East West Bank and US Bank. It also expanded into new industries, having recently broken ground on a 2.3MW landfill project in Easthampton, Massachusetts and signed contracts for two other landfill projects in the state.

The company also expanded into new geographic markets in 2011, having recently signed its first customer in Texas. The company anticipates increased demand in other western states such as Arizona, as well as states in the mid-Atlantic, including Connecticut, Delaware, Maryland and Washington DC.

In addition to Walsh and Thompson, Borrego Solar has hired 18 new employees in 2011 and plans to hire 11 more by the end of the year.

Borrego Solar executives will be exhibiting and speaking at the Solar Power International show in Dallas from October 17-20, 2011 in Booth 2220.

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