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Soltas Energy, Barron Partners’ new solar power provider holding company, is creating jobs at an aggressive pace. Soltas and its subsidiaries expect to add approximately one thousand new people over the next five years.
Soltas has taken a majority interest in three solar-power EPC companies and is focused on the construction of one-to-two megawatt solar power stations that sell power directly to commercial customers under power-provider agreements (PPAs) that charge only for what is used, with the rest sold into the utility grid. Continued gains in solar power’s favorable cost delta relative to rates from traditional utilities will continue to expand the market for commercial solar power. Soltas Energy and its subsidiaries are hiring to meet that demand; today and into the future. Based on conservative market analysis, Soltas has adopted a goal of putting approximately one gigawatt of solar power into production over the next five years. Beyond initial ramp up, the race to 1GW is driving employment expansion at Soltas and its subsidiaries. I hasten to add that while the addition of so many jobs is a positive indication of Soltas’ growth, the jobs expansion is also in line with renewable-energy-industry averages, which are among the fastest-growing sectors for new employment in the
