Middletown’s Greenskies Renewable Energy has been ranked the top solar energy company in the commercial and industrial market sector, according to a research firm and data tracker.
Greentech Media (GTM) ranked Greenskies no. 1 based on its 5.5 percent share of the commercial/industrial solar market at the close of the first quarter of 2016. That gave the company the highest market share in the nation, based on total megawatts of solar energy installed during the period.
Greenskies ranked seventh on GTM’s survey of solar companies in the commercial sector at the close of the first quarter of 2015; climbed to the fifth spot by the end of the third quarter of last year; and moved to third by the final quarter of 2015.
The company expects to develop nearly 100 megawatts of new commercial and industrial solar in 2016, said Michael Silvestrini, Greenskies president, CEO and co-founder.
In determining how many megawatts of solar power each company installed during any given time period, GTM uses data from rebate programs, utilities, installers, developers, equipment suppliers, GTM research and Solar Market Insight reports compiled by the Solar Energy Industries Association, or SEIA, the U.S. trade association for solar energy and related businesses.
