Published on December 7th, 2012 | by Joshua S Hill2
SolarCity Awarded Hire Power Award For US Job Creation
US clean energy services company SolarCity was this week awarded the ‘Hire Power’ award by Inc. Magazine as part of the Top Job Creators in the US.
SolarCity ranked in the Top 10 out of a list of 100 private companies credited for generating the largest number of jobs in the US over the past three years, and ranked first among energy companies.
Over the three years covered by Inc. Magazine (2008–2011), SolarCity’s employee base grew by more than 252% and finished at a total of 1,381 full-time hires by end of year 2011.
In fact, since the survey window closed, SolarCity has gone on to hire more than 1,000 more employees, bringing their total up to more than 2,300 employees, and is currently advertising 300 job openings (around the same number it was advertising back in July).
“SolarCity’s award win shines a light on the whole solar industry which has driven job creation eight times faster than the overall economy,” said SolarCity’s VP of Human Resources, Linda Keala. “SolarCity provides consumers with clean, renewable energy that can be more affordable than rising utility bills and this has created domestic solar development jobs that can’t be easily outsourced.”
Notably, SolarCity is about to have its IPO, a highly anticipated cleantech IPO that we’ll be watching closely.
“The top 100 companies on the list have created 73,032 American jobs in the three-year period from 2008 to 2011 – an amazing feat, given that much of that job growth came during the heart of the recession,” explains Inc. editor-in-chief Eric Schurenberg. “And it isn’t just the big guys that are adding jobs. Companies with less than $50 million in annual revenue make up nearly one-third of the Hire Power list.”