Insider Media Limited

Dr Kevin Hard, chief executive of EvoEnergy, has told Insider the company plans to continue its rapid growth to become a £100m turnover company in two years' time. He said the Nottingham-based based company planned to open its seventh office within the next few months, and after employing 38 people in the last month, hoped to continue to expand at its current phenomenal rate.

Hard, who was named Insider's overall Entrepreneur of the year at the recent 42 under 42 event, has grown his company to turnover £30m within four years. In 2008-09, the company employed six people, it now it has a staff base of nearly 200.

EvoEnergy, which designs and installs Solar Photovoltaic (PV) systems, was founded by Hard after he noticed a huge rise in popularity in the sector across Western Europe. The installation of the systems generate efficient electricity and cash savings over a period of time.

The company has received a huge boost with the government's introduction of the Feed-in-Tariff (FIT) scheme, which pays people for creating their own "green electricity".

Hard said: "A lot of EU countries were really taking off with the FIT scheme, and I thought there was a definitely gap in the market in the UK. We have definitely benefited from the timing, as we set up the company a couple of years before the UK government decided to launch the scheme over here."

EvoEnergy now employs 183 people in six offices across the UK, having employed 38 in the last month. A seventh office in Ipswich will be open in the next few months, said Hard.

"We have grown very fast in the last four years", he said. "We'll keep growing as fast as we can, whether organically or through acquisitions it really depends what opportunities come along.

"We need government objectives to stay strong, and as long as they do, we can keep expanding. So far, it's been an exciting rise."

Despite the popularity of similar schemes across Europe, Hard said he would not rule out expanding the company into Europe.

"We want to grow as fast as possible – we've a turnover of £32m forecast this year, which I hope to grow to £100m in two years' time."