Thursday, September 18, 2014

Verengo reaches 75 MW residential solar milestone

TORRANCE, USA: Verengo Inc., one of the nation's leading residential solar specialists, announced it has reached the 75 MW (megawatt) milestone with its 13,000th residential rooftop installation.

Verengo, honored last month by Inc. magazine on its 500|5000 List as one of the fastest-growing private companies in the US, also announced an expansion plan focusing on key strategic markets on the east and west coasts.

"Verengo is having its best sales year ever," said Ken Button, Verengo co-founder and president. "Achieving 75 MW (megawatts) of PV solar installations in only six years is a remarkable accomplishment. It reflects the success of our company's trusted values and innovative strategies designed to surpass customer expectations."

"Our business is maturing. We believe that if we focus our investment in our most profitable core markets of Southern California and the east coast, particularly New York, we can lower consumer costs, enhance customer service and drive long-term profitable growth," Button added, noting that the company recently closed a round of financing to support this growth plan.

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