Where design and sustainability cross paths

  • Share on Facebook
  • del.icio.us
  • (0) Comments

Creating the Biggest Solar Company in the Northeast

solar-merger.jpg

The solar power industry in the northeast is poised to get a major boost as Riverside Partners, a Boston based private equity firm, announced the merger and acquisition of CT based Solar Works, Inc. and RI based SolarWrights, Inc. This merger will create the largest solar energy company in the Northeast with over 30 years of combined solar energy expertise.

As solar power becomes an increasingly viable solution to energy independence, the new merger will play an important role in leading the way for continued innovation and development of this renewable energy. The combination of the Northeast’s leading installer of commercial solar systems with the region’s largest residential solar provider will greatly enhance the growth of solar power across the Northeast.

Despite the dismal state of the current economy, clean energy has seen tremendous growth and the merger of these two leading solar companies will most likely have a positive impact on local economies and help stimulate job creation. With many big businesses struggling to keep their heads above water, this is a positive example of how some companies are continuing to prosper and grow in spite of today’s tough economic climate.

www.solarworksinc.com

www.solarwrights.com