The U.S. solar industry is on the upswing, thanks to a pro-renewables presidential administration and increased concern over climate change. Pivot Energy has had a front-row seat to this action, with business increasing over the last year. Solar Power World has recognized the company’s installation success by ranking Pivot Energy at No. 78 out of 426 companies on the 2021 Top Solar Contractors list.
The Top Solar Contractors list is developed each year by Solar Power World to honor the work of solar installers in the United States. Solar firms in the utility, commercial and residential markets are ranked by number of kilowatts installed in the previous year. Companies are grouped and listed by specific service, markets, and states.
“Not even COVID-19 closures and slowdowns could prevent the solar industry from installing fantastic numbers last year,” said Kelly Pickerel, editor in chief of Solar Power World. “The Solar Power World team is so glad to recognize over 400 companies on the 2021 Top Solar Contractors list that not only survived a pandemic but thrived in spite of it.”
The U.S. solar industry grew 43% in 2020, installing more solar panels on homes, businesses and across the country than any other year on record. The residential market saw an 11% increase, which is remarkable considering the difficulties of maneuvering home solar projects through pandemic precautions.
The federal government passed a two-year extension on the solar investment tax credit (ITC) at the end of 2020, which will further accelerate solar adoption across all market segments. After installing 19.2 GW in 2020, research firm Wood Mackenzie expects the U.S. solar market to quadruple by 2030.
Pivot saw an explosive year of growth in 2020. The company’s growth is highlighted by a 34% increase in staff and a 180% increase in installed solar capacity this year. In 2020, Pivot Energy hired 13 new positions, including the addition of essential new staff to its leadership and executive teams, and the promotion of key staff members internally. The company completed 95 solar projects across 9 states, totaling 36 megawatts of commercial and community solar capacity. Pivot also expanded into the Mid-Atlantic market, with plans to continue development nationwide in 2021.