By Christopher Martin
Bloomberg
Posted May. 31, 2016 at 2:01 AM
"We're definitely taking market share," said Jim Nelson, chief executive officer of Sunworks Inc. "If you buy a solar system outright with cash, the benefits are twice as good as with leases."
The Roseville, California-based installer helps customers line up financing. While it's nowhere near the size of SolarCity — revenue this year is expected to almost double to $99 million — Sunworks has been profitable in two of the past three quarters, while the leasing giant has reported only three profitable quarters since its December 2012 initial public offering.
www.capecodtimes.com/article/20160531/NEWS/160539987
Bloomberg
Posted May. 31, 2016 at 2:01 AM
"We're definitely taking market share," said Jim Nelson, chief executive officer of Sunworks Inc. "If you buy a solar system outright with cash, the benefits are twice as good as with leases."
The Roseville, California-based installer helps customers line up financing. While it's nowhere near the size of SolarCity — revenue this year is expected to almost double to $99 million — Sunworks has been profitable in two of the past three quarters, while the leasing giant has reported only three profitable quarters since its December 2012 initial public offering.
www.capecodtimes.com/article/20160531/NEWS/160539987