Borrego Solar Systems CEO Sees Installations Doubling This Year

(Bloomberg) — Borrego Solar Systems Inc., a U.S. developer
of commercial- and utility-scale systems, expects sun-powered
installations to double in 2015 on heightened demand in
California, New York and Massachusetts.

Closely held Borrego Solar, based in San Diego, installed
51.2 megawatts last year, a 40 percent increase from 2013. It
should surpass 100 megawatts this year, Chief Executive Officer
Mike Hall said in a phone interview.

“For commercial-scale, those three states, plus maybe New
Jersey, are the big markets,” Hall said Thursday. “There’s
going to be significant growth in New York because that
commercial-scale market is just getting started.”

Borrego has 200 megawatts of systems under contract,
including 33 megawatts in New York, where it’s building two
projects for Public Service Enterprise Group Inc.’s Long Island
unit under the utility’s feed-in-tariff program. Almost 9,800
megawatts may be installed in the U.S. this year, according to
data compiled by Bloomberg New Energy Finance.

“When you look at the projects we already have under
construction — and we have some larger projects under
construction, particularly on the utility side — 100 megawatts
is very do-able,” Hall said.

To contact the reporter on this story:
Justin Doom in New York at
jdoom1@bloomberg.net

To contact the editors responsible for this story:
Will Wade at
wwade4@bloomberg.net
Randall Hackley

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