The board of directors of Pennington, N.J.-headquartered WorldWater & Power Corp., a solar system developer and marketer, recently approved the company's name change to WorldWater & Solar Technologies Corp. According to the company, the new name better reflects its role in producing, installing and servicing solar-powered solutions.
‘With revenue expected to nearly double in 2007, we recognized the time was right to highlight the engineering advances that make us uniquely qualified for large solar projects, which can provide substantial savings for clients in future energy expense while often addressing water supply requirements,’ says Quentin T. Kelly, the company's chair and chief executive officer. ‘This year continues to be one of transformation – and our new name reflects that.’