8minutenergy Renewables Revenue and Competitors

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El Dorado Hills, CA USA



Total Funding

Estimated Revenue & Valuation

  • 8minutenergy Renewables's estimated annual revenue is currently $39.3M per year.(i)
  • 8minutenergy Renewables's estimated revenue per employee is $225,750
  • 8minutenergy Renewables's total funding is $855M.

Employee Data

  • 8minutenergy Renewables has 174 Employees.(i)
  • 8minutenergy Renewables grew their employee count by 26% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation

Founded in 2009, 8minutenergy Renewables is the nation's largest independent developer of solar PV and storage projects. To date, 8minutenergy has 7.5 GW of PV and 1 GW of storage under development in North America, operates 700+ MW in solar assets, and been awarded more than 1.5 GW in power purchase agreements. The company is developing some of the largest solar plants in the world, including the 800 MW Mount Signal farm in California. 8minutenergy has an unmatched ability to produce affordable clean energy and to deliver strong financial returns on utility-scale solar projects. Our commercial-scale performance can be measured by our proven projects and development pipeline. We currently have: * 7,500+ MW solar PV under development * 1,000+ MW energy storage under development * 700+ MW producing power * 700+ MW under construction * 50,000+ acres under development * 1,500 MW of power purchase agreements (PPAs) executed, representing $5B in contracted revenues With our heritage in California, 8minutenergy is proud to be one of the state's solar energy leaders with nearly 15% market share today. The four largest California utilities (SCE, PG&E, LADWP, SDG&E) are all repeat customers, each having closed multiple PPAs with 8minutenergy. 8minutenergy is headquartered in California with primary offices in San Francisco, Los Angeles, and Sacramento. We have recently expanded our focus to include international markets where clean energy is needed most, and we are particularly excited about our work in India and Latin America. Visit us at www.8minutenergy.com to learn more. You can also read about the company in the following: Financial Times: Special Report on California's Energy Future * ig.ft.com/special-reports/renewable-energy Forbes: For The Future Of Solar, Watch Texas, Says 8minutenergy * https://www.forbes.com/sites/michaelkanellos/2016/05/24/for-the-future-of-solar-watch-texas-says-8minuteenergy/#3bed676931b8 Greentech Media: Why Solar Developer 8minutenergy Is So Excited About the Energy Storage Market * https://www.greentechmedia.com/articles/read/solar-developer-8minutenergy-is-excited-about-the-storage-market#gs.XLL8SPg Utility Dive: Is the Future Finally Here for Utility-Scale Solar-Plus-Storage * https://www.utilitydive.com/news/is-the-future-finally-here-for-utility-scale-solar-plus-storage/449496/



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8minutenergy Renewables News

2017-02-03 - 8minuteenergy lands PPA for 90-MW solar farm

As the Jackson 5 once sang, sometimes it really is as easy as ABC, 123. So deep is the successful, long-standing relationship between 8minuteenergy, the Los Angeles Department of Water and Power (LADWP) and the Southern California Public Power Authority (SCPPA) that signing their third PPA – th ...

2016-10-27 - 8minutenergy Renewables is raising capital for its 5.5 GW PV pipeline

8minutenergy Renewables, LLC is initiating a capital raising process to fuel growth of its 5.5 GW U.S. pipeline, including over 500 MW of wholly-owned near shovel ready projects with long term power purchase agreements (PPA). 8minutenergy has retained BofA Merrill Lynch as its financial advisor. ...

2016-10-05 - Solar developer 8minutenergy Renewables expands into Texas

8minutenergy Renewables, an independent solar developer, is formally expanding its operations into Texas. The company recently opened an office in Houston to drive the over 2 GW of utility-scale solar photovoltaic (PV) projects that the company is targeting in Texas. The local team will bring it ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding