California-based EPC and project developer, Premier Power expects 2011 revenue of between US$100.0 million and US$120.0 million, up from US$87 million in 2010. Growth was attributed to growth in the EU and US. Premier Power noted that it had a project pipeline of over 100MWp in Bulgaria and a deal with Teichert to build large scale utility solar power plants in the US put at 300MW.
“Despite all of the economic turmoil, we continue to see exciting growth opportunities for our business,” commented Frank J. Sansone, chief financial officer of Premier Power. “And we remain very positive about prospects for future growth opportunities in both Europe and North America.”
Premier Power said that it had built over 1,000 solar projects since starting operations in 2003. The company noted that it had a US$2.0 billion opportunity over the next 3 years.