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Legend Solar Achieves 269 Percent Growth with 2016 Midyear Results

Legend Solar Achieves 269 Percent Growth with 2016 Midyear Results

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one of the fastest-growing solar power companies in Utah, achieved $14.7 million in revenue for the first six months of 2016—a 269 percent increase over the same period in 2015. The company also celebrated other milestones from 2016, including the opening of a new Portland, Oregon, office, record-setting donations, award recognitions and other accolades.Early in 2016, Shaun Alldredge and Shane Perkins, co-founders and co-owners of Legend Solar, accepted SunPower’s 2015 “Residential National Rising Star” award for their outstanding performance as a new SunPower dealer in 2015. The co-owners were also named finalists for the EY Entrepreneur Of The Year® 2016 Award in the Utah region, the only leaders from southern Utah selected in the competition.

Other honors and accolades this year include the award for Small Business of the Year, given during the 2016 QuickBase Customer Awards. Also, Dixie State University in St. George, Utah, named Legend Solar one of the Businesses of the Year at the university’s annual Dixie Awards. In April, Legend Solar officially opened a new office in Portland. Portland was an optimal location for Legend Solar’s expansion throughout the Intermountain West and Pacific Northwest because it is often called the “Greenest City in America” for its well-known environmental policies. Portland has been named by the U.S. Department of Energy as one of 25 Solar America Cities for its promotion of solar technology adoption.

Legend Solar made history on April 29 when it announced a $10 million donation to Dixie State University’s football stadium renovation—now known as Legend Solar Stadium—the largest donation in the school’s history. In addition to the monetary donation, Legend Solar will install solar technology on the DSU campus, providing millions of dollars in energy savings over time. A 1,500-kilowatt system, which will be installed gradually through 2027, is projected to generate enough energy to power not only the stadium but also other buildings on campus, saving Dixie State approximately $300,000 a year on its power bill.

Also in April, Legend Solar, in partnership with SunPower, introduced the SunPower Equinox™ system. It is the first residential solar solution in the nation in which every major component has been designed and engineered by one company to work seamlessly together, delivering unbeatable power, long-term performance and curb appeal.

Source: Businesswire
Anand Gupta Editor - EQ Int'l Media Network

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