SDNN: AMSOLAR Managing Partner Featured in “The Green 35 Under 35”

Read more: http://www.sdnn.com/sandiego/2009-12-09/environment/the-green-35-under-35-part-1

AMSOLAR, Founded: 2008

Joshua Weinstein Age: 29

Joshua Weinstein, managing partner at AMSOLAR Corporation, looked at Europe’s thriving green energy industry when he started his company a year ago. The San Diego native decided to bring solar solutions here after observing a five-year track record of success with solar energy in Europe.

Because solar energy represents less than 1 percent of all power in the U.S., Weinstein saw an incredible opportunity to increase that percentage. AMSOLAR is now a provider of solar solutions to educational institutions and select commercial enterprises. By purchasing solar-generated electricity from AMSOLAR, partners are able to reduce their energy bill by 10-15 percent, Weinstein says.

As an entrepreneur in the green industry, Weinstein feels “that this is a way to provide returns to investors as well as to the environment.” AMSOLAR hopes to contract north of $50 million in projects by 2010 and build $300 million in projects in the next three years. Weinstein believes these estimates are attainable.

“We’re in a business of making money in a sustainable sector, in a sustainable way,” he says