Mainstream Energy Concludes 2010 with Record 60 Megawatts Sold

SAN LUIS OBISPO, Calif.--(BUSINESS WIRE)--Mainstream Energy Corporation and its two subsidiaries, REC Solar and AEE Solar, each among the oldest, largest and most experienced solar energy companies in the country, reported record growth in 2010. Through its direct and indirect sales channels, 60 MW of commercial and residential photovoltaic systems were sold or installed nationwide, more than double over 2009. The company now employs more than 600 solar professionals in eleven states.
2010 was a remarkable year for Mainstream Energy?

The increase is due in part to the distribution arm of the company, AEE Solar, which boasts more than 2,000 customers ? installers, resellers and project developers ? in every state in the United States. The division saw a 250 percent year-over-year growth in East Coast markets alone and 78 percent increase in overall revenues.

Equally significant was the growth of REC Solar?s residential and commercial business. REC Solar maintained its momentum as one of the fastest growing installers in the United States and topped the California Solar Initiative (CSI) rankings as the state?s largest residential installer in 2010 for megawatts installed. REC Solar also signed agreements with a series of leading national retailers such as IKEA, Albertsons, Costco and Fresh & Easy Neighborhood Markets, and installed or was competitively awarded 10 MW of Federal government projects ? including a 2.9 MW carport-mounted installation for the Southern Arizona VA Health Care System, one of the largest of its kind in the United States.

?2010 was a remarkable year for Mainstream Energy,? said Angiolo Laviziano, CEO of Mainstream Energy. ?Projects with leading partners such as IKEA and Costco clearly demonstrate the commercial viability of solar, and the phenomenal growth achieved on the residential side shows that homeowners understand the value and necessity of adopting renewable energy. We take special pride in the fact that our deployed solar modules will over the first 25 years of their operational lifetime result in avoiding three billion lbs of CO2 emissions, equivalent to planting 7.1 million trees.?

Kam Mofid, President of Mainstream Energy, added, ?In the past twelve months we made a number of significant changes to increase our capabilities, our market reach, and our ability to better serve our customers. I could not be more proud of our 600 employees and network of dealers across the country, and look forward to another record year in 2011.?

Source: http://feedproxy.google.com/~r/blogspot/NrBn/~3/iJE1WUiGKYk/mainstream-energy-concludes-2010-with.html

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