PowerLight Ranked Among Top 500

PowerLight Corporation, has been named one of America’s entrepreneurial growth leaders by Inc magazine, which just released its 2002 Inc 500 ranking of the nation’s fastest-growing private companies. PowerLight ranked number 38 in this year’s Inc 500 ranking.

Berkeley, California – October 30, 2002 [SolarAccess.com] PowerLight achieved 380 percent revenue growth over the past three years, with revenue doubling each year since 1997. Founded in 1991, PowerLight designs, manufactures and installs large-scale solar electric products and services, clean power for commercial and government customers worldwide. “We are very proud to be included in the prestigious Inc 500, which salutes our tremendous and sustained sales growth rate,” said Tom Dinwoodie, founder and CEO of PowerLight. “This achievement underscores the results that can be achieved through focus and teamwork.” PowerLight is a full-service company offering solar electric products and complete energy solutions, from initial consultation to installation, project development, maintenance and financing. PowerLight offers a full line of solar electric products including roof-mounted, ground-mounted and carport solar systems for industrial, commercial and government applications. “This recognition shows the tremendous effort of the entire PowerLight team to delivering cost-effective solar power solutions for our customers,” said PowerLight President Dan Shugar. “PowerLight is successfully meeting the phenomenal demand at a time when solar power is becoming increasingly mainstream. Our customers can continue to rely on our commitment to delivering the highest quality solar products and services.” The 2002 Inc 500 reveals a surprising resiliency within the entrepreneurial sector, where leading companies are continuing to show dramatic rates of growth despite the recession, said the company. “This is the first Inc 500 ranking to reflect the full impact of the recession,” said Inc editor John Koten. “Yet these entrepreneurs are managing to move ahead despite the obstacles. They’re showing that smart strategies can succeed even in the toughest of times.”

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