Solar Power World & Inc. 5000 Rankings Validate
Solect’s Strategic Market Focus
September 12, 2017 – HOPKINTON, MA – Solect Energy, announced today that based on an analysis of Massachusetts Department of Energy (DOER) data, and rankings from Solar Power World and Inc. magazine that the company has once again achieved #1 ranking for commercial-scale solar rooftop providers in Massachusetts.
According to the Mass DOER SREC database, Solect has installed more commercial-scale solar arrays between 50kW-1MW in Massachusetts than any other company. (Commercial scale projects are commonly defined as systems between 50kW-1MW.) This represents more than 350 individual installations at companies throughout the commonwealth. An analysis of the Massachusetts rankings in Solar Power World magazine’s recent Top Solar Contractors list also shows Solect as the top commercial-scale solar rooftop developer in Massachusetts. Additionally, Solect was ranked 6th in the nation for all commercial solar providers.
The company has also received national recognition for its continued rapid growth. Solect was named the 32nd fastest growing company in Massachusetts and the #2 solar company in the state, according to Inc. magazine’s Inc. 5000 Fastest Company List. The Inc. 5000 is the most prestigious ranking of the nation’s fastest-growing private companies. The list looks at the most successful companies within the American economy’s most dynamic segment — its independent small and midsized businesses.
This is the 4th consecutive year that Solect has appeared on the Inc. 5000 list. Nationwide, Solect is ranked #1234, a significant jump from last year’s #2756. By sector, Solect is in the top 50 fastest growing energy companies nationwide (#42).
“We are thrilled with our continued top-tier standing in the Solar Power World and Inc. lists,” said Kenneth Driscoll, Solect Energy’s Founder and CEO. “The high rankings, and the fact that so many companies have chosen to work with us, are a validation of our exclusive focus on solar solutions for mid-sized commercial and industrial companies, municipalities and non-profit institutions. Solect will continue our rapid growth by offering our highly regarded O&M services to customers outside our installed based, coupling solar with new storage opportunities and bringing our expertise as a commercial-scale solar energy partner to additional markets.”
The Top Solar Contractors list is developed by Solar Power World to recognize the work completed by solar contractors across the United States. Produced annually, the Top Solar Contractors list celebrates the achievements of U.S. solar developers, subcontractors and installers within the utility, commercial and residential markets.
2016 was a banner year for Solect Energy and the U.S. solar market as a whole. There was more than 14,700 MW of solar installed in the U.S in 2016, nearly doubling the capacity installed in 2015. The commercial solar market continues to be a growth area as more states adopt solar-friendly policies, and businesses become more informed about the significant financial and environmental benefits solar offers.
“The 2017 Top Solar Contractors list features 500 of the best solar contractors in the United States,” said Kelly Pickerel, managing editor of Solar Power World. “From solar hotbeds on the coasts to the up-and-coming Midwest solar market, every installer adding even the smallest solar array to the grid is making a positive impact on our communities. We’re proud to recognize these companies and their efforts to bring solar power to U.S. homes and businesses.”
About Solect Energy
Solect is a full-service solar photovoltaic (PV) project developer and installer based in Hopkinton, Massachusetts, delivering smart solar and energy management solutions to help businesses and organizations reduce energy costs. As an industry leader in commercial-scale solar energy, Solect takes a practical approach to the development, installation and on-going support of each system. We partner closely with our customers, providing strong financial insight and solar technology expertise to optimize their investment while creating a positive impact on the environment. Solect currently has installed over 65 MW (megawatts) of commercial PV systems, with a primary focus on commercial, light industrial and institutional properties in New England. For more information, visit http://www.solect.com or follow us on Twitter at @SolectSolar.