May 26, 2018 7:11 AM ET

Semiconductors and Semiconductor Equipment

Company Overview of Vasari Energy, Inc.

Company Overview

Vasari Energy, Inc. designs, manufactures, sells, installs, and maintains solar energy solutions for business, commercial, industrial, and utility clients in the United States and internationally. It offers solar photovoltaic panels and inverters for their rooftops, carports, or ground mount projects; and solar energy systems include solar panels that convert sunlight into electrical current, inverters that convert the electrical output from the panels to a usable current compatible with the electric grid, Racking that attaches the solar panels to the roof or ground, and electrical hardware that connects the solar energy system to the electric grid and monitoring devices. The company also pr...

8941 Research Drive

Suite 100

Irvine, CA 92618

United States

Founded in 2010

Phone:

949-529-5933

Key Executives for Vasari Energy, Inc.

Chief Executive Officer
Executive Vice President of Business Development
Vice President
Compensation as of Fiscal Year 2017.

Vasari Energy, Inc. Key Developments

Vasari Energy, Inc. Targets 500 MW of Solar Development in Texas

Vasari Energy, Inc. announced that the company has expanded operations into Texas. The company has signed contracts and letters of intent to develop a target of 235 MW of utility-scale solar photovoltaic (PV) projects in Texas that will sell power into the electric grid. The company's pipeline of utility-scale solar PV projects has reached over 600 MW in markets including Texas, Arizona and Georgia.

Vasari Energy Seeks Acquisitions

Vasari Energy, Inc. is seeking acquisitions with the proceeds form the private placement of $5 million.

Vasari Energy Inc Announces Expansion of Utility-Scale Solar Project in Maricopa County and Gild Bend, Arizona

Vasari Energy Inc. has announced the expansion of its utility-scale solar project in Maricopa County and Gild Bend, Arizona, doubling the company's solar generating projects within the state, and increasing capacity from 68 MW to 140 MW. The company plans to construct and operate a solar facility on the 900 acre development site which will connect the Arizona transmission grid. The project will be developed through Sonoran Solar Development Partners, LLC, a wholly owned development partnership of the company construction is expected to begin in October of 2019, and expected to be operating and delivering power by October of 2020. The new development has positioned the company to exceed their target of generating 700 MW of power from renewable by 2020.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
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