Market Overview

Black & Veatch Among Top 10 U.S. Solar Contractors

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OVERLAND PARK, Kan., July 24, 2018 (GLOBE NEWSWIRE) -- Black & Veatch has been recognized by Solar Power World magazine for its achievements within the solar industry, earning the No. 9 spot as an overall Top Solar Contractor on the magazine's 2018 Top Solar Contractors list. The company, a leading provider of engineering, procurement and construction (EPC) services for solar, also ranked as the No. 9 Utility Solar Contractor, the No. 7 Solar EPC and the No. 1 Kansas Solar Contractor out of 450 solar companies.

The Solar Power World rankings recognize the work of solar contractors across the U.S., while celebrating the achievements of those within the utility, commercial and residential markets. The list ranks contractors by kilowatts installed in the previous year.

According to the publication, the U.S. solar market installed more than 10,600 megawatts (MW) in 2017. The non-residential market continues to increase 28 percent year-over-year, with continued growth in the commercial, industrial and community spaces. In 2017, 30 percent of all new electric generating capacity in the U.S. came from solar, second only to new natural gas capacity. By 2023, more than 15,000 MW of solar is expected to be installed annually.

"As demand for affordable renewable energy rises across the U.S. and around the world, Black & Veatch continues to deliver innovative, on-time and on-budget solutions for utilities around the country to ensure a continuous supply of sustainable power for generations to come," said David Leligdon, Vice President and Director of renewable energy for Black & Veatch's power business. "Renewable energy markets continue to expand and efforts to ensure the resilience and delivery of sustainable power are at a premium."

Black & Veatch announced in 2017 that it was selected to provide EPC services on more than 300 MW of solar energy projects for Florida Power & Light (FPL), that serve 90,000 homes with clean power. Part of the utility's extensive renewable energy program, the projects represent the second series of projects developed for FPL by Black & Veatch. In 2016, FPL tripled its Florida solar capacity when Black & Veatch successfully constructed three 74.5 MW plants.

In the Midwest, Overland Contracting, a Black & Veatch construction company, worked with Duke Energy Kentucky to deploy two solar projects in Grant and Kenton Counties in 2017, part of the utility's efforts to increase solar investment in the region.

Editor's Notes:

  • Investment in renewable energy is rising sharply and driving growth across the power sector. According to Black & Veatch's most recent Strategic Directions: Electric Industry Report survey, 44 percent of utilities plan to add a substantial amount of solar energy to their systems in the next five years.
  • Earlier this year, Black & Veatch also announced that it is expanding its staff of power delivery experts to help clients maximize reliability and resilience in the grid, including with renewable energy integration The company is adding staff to its regional offices, including Boston and Chicago, and opening new offices in Wilmington, Delaware and Dallas, Texas.  

About Black & Veatch
Black & Veatch is an employee-owned, global leader in building critical human infrastructure in Energy, Water, Telecommunications and Government Services. Since 1915, we have helped our clients improve the lives of people in over 100 countries through consulting, engineering, construction, operations and program management. Our revenues in 2017 were US$3.4 billion. Follow us on www.bv.com and in social media.

Media Contact Information:
MELINA VISSAT | +1 303-256-4065 P | +1 617-595-8009 M | VissatM@BV.com
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