Solar power purchase agreements allow Borrego Solar Systems customers to build projects without paying the capital costs upfront. Borrego installs and operates the systems, and then sells the power to the customer at a fixed rate over a period of years.

Solar power purchase agreements allow Borrego Solar Systems customers to build projects without paying the capital costs upfront. Borrego installs and operates the systems, and then sells the power to the customer at a fixed rate over a period of years.

BORREGO SOLAR SYSTEMS INC.

CEO: Mike Hall.

Financial information: Not disclosed.

No. of local employees: 80.

Investors: 70 percent owned by Walsin Lihwa Corp. of Taiwan.

Headquarters: El Cajon.

Year founded: 1980.

Company description: Designs and installs commercial-size solar power systems for businesses, municipalities and schools.

Key factors for success: Leveraging the use of power purchase agreements, or PPAs, to aggressively underwrite more new commercial-scale solar energy projects, which will be announced in 2012.

When you’re hot, you’re hot, especially in the now sizzling industrial-grade solar energy design and installation business...

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