US residential installer Vision adding 1,000 jobs as growth rates expected to top 168%

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email
The company has opened its second major facility in Blackwood, New Jersey said to become the company’s national headquarters as well as for its sales and training divisions.

US residential installer Vision Solar plans to add around 1,000 jobs by the end of 2022 on the back of projected business growth of 168% per annum.

The East Coast-headquartered installer claimed to have exceeded US$100 million in revenue in 2020. The company expects revenue to grow to US$150 million in 2021 as plans to add more than 600 jobs to its existing workforce, primarily in its core New Jersey centre, added to the company’s run-rate.

To put that in perspective, publicly listed US residential installer, Sunnova, the smallest (by revenue) of the major listed companies (which also includes Sunrun, SunPower and Tesla) focused on the US residential market, had 2020 revenue of US$161 million, an increase of 22% on the prior year.

Vision Solar operates across New Jersey, Pennsylvania, Arizona, Massachusetts, and Florida, with further offices to open in Connecticut, Arizona and Texas, as well as two additional locations in Florida, in 2021, before the business expands to Puerto Rico in 2022.

The company recently opened its second major facility in Blackwood, New Jersey, which is said to become the company’s national headquarters as well as home to its sales and training divisions.

Read Next

October 21, 2021
A round-up of the latest news from the US solar market, featuring project financing from Cypress Creek and DE Shaw, SolarEdge project launches and solar loan securitisations from Sunnova and Mosaic.
August 17, 2021
US residential solar prices have continued to fall over the last year, dropping by the largest amount in four years.
August 4, 2021
SunPower was boosted by rising homeowner demand for its PV and storage solutions during Q2 as the US solar installer added 13,000 new customers, bringing its total residential install base to more than 376,000.
July 29, 2021
US residential solar installer Sunnova said it was investing in its end-to-end solar services to cater for customers demanding more from their rooftop installations.
July 28, 2021
The New Jersey Board of Public Utilities (NJBPU) has unveiled formal plans to replace its existing solar support framework with a new incentive programme which will support up to 3.75GW of new solar over the next five years.
July 28, 2021
Solar and storage provider Sunnova, SolarEdge Technologies and National Grid have partnered on a grid stability project in New England, US

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
November 10, 2021
8am (PST) | 5pm (CET)
Solar Media Events
December 1, 2021