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Arctic Solar Ventures Makes the Ranks of the Inc. 5000

Aug 12, 2020 | Construction, Energy, Environmental, News, Small Business

Inc. magazine revealed that Arctic Solar Ventures Corporation is No. 275 on its annual Inc. 5000 list, a prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.

“We’re thrilled by being named to the INC 5000 list. Earning a mainstream business award within a new and growing industry is a testament to the hard work and determination of our team,” says Stephen Trimble, Arctic Solar Ventures CEO and founder.

Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent and a median rate of 165 percent. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs over the past three years.  

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The top 500 companies are also being featured in the September issue of Inc.

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“The companies on this year’s Inc. 5000 come from nearly every realm of business,” says Inc. editor-in-chief Scott Omelianuk. “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”

Arctic Solar Ventures is a fully integrated design/build solar company headquartered in Anchorage with a commitment that runs beyond duty and responsibility to its shareholders to a deeper and more meaningful commitment to society and environment—to “do good” and to uphold its values above all other principles and decisions.

The company has designed and built more grid-direct solar systems than anyone else in Alaska, with more than 1.5 megawatts of residential and commercial solar projects operating from Homer to Talkeetna. These include many “firsts” and the largest and most complex projects in the state.

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