Rebranded Borrego aims at gigawatt scale by 2024 for all solar divisions
Solar panels in USA. Author: Pete Jelliffe. License: Creative Commons. Attribution-NoDerivs 2.0 Generic.
US projects developer and builder Borrego Solar has rebranded to simply Borrego, with plans to reach gigawatt scale at each of its three business units by 2024.
Another one of Borrego’s objectives is to raise its headcount by 25% this year, with new talent particularly having utility-scale skill sets.
Last year, Borrego implemented some organisational changes that resulted in its three subsidiaries -- one focused on development, one on engineering, procurement and construction (EPC), and one on operations and maintenance (O&M) -- starting to operate independently. The first two also created utility-scale divisions, the company noted.
"We're starting this new year sharing something that has been happening behind the scenes for a while: we are centering our expansion plans on the utility-scale segment, while continuing to lead in the large commercial and community solar markets,” said CEO Mike Hall.
The O&M segment is the first of the three business units to achieve the goal of operating at gigawatt scale, as it had 1 GW of solar and storage projects under management in November 2020 already.