
GRNE Solar
Founded Year
2012Stage
Acquired | AcquiredTotal Raised
$50KAbout GRNE Solar
GRNE Solutions provides the most efficient green energy solutions for new construction plans as well as existing structures. The company's technology design is a renewable energy system for generating electricity that is self-sustaining. The company was founded in 2012 and is based in Palatine, Illinois. On July 5th, 2022, GRNE Solutions was acquired by Nelnet. Terms of the transaction were not disclosed.
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Expert Collections containing GRNE Solar
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
GRNE Solar is included in 1 Expert Collection, including Renewable Energy.
Renewable Energy
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Latest GRNE Solar News
Jun 1, 2023
News provided by Share this article Share this article ALBANY, N.Y., June 1, 2023 /PRNewswire/ -- GRNE Solar (GRNE), a Nelnet company and leading solar engineering, procurement, and construction (EPC) firm, is excited to announce the expansion of its operations to Albany, New York. The new branch, located at 30 Kraft Ave, will officially open its doors Monday, June 5. This expansion marks an important milestone as GRNE Solar extends its footprint in the Northeast, meeting the growing demand for renewable energy in New York and surrounding states. With a comprehensive range of services, the Albany branch will focus on delivering quality solar installations for residential, commercial, and utility-scale projects. As a vertically integrated company, GRNE Solar is uniquely positioned to handle projects from concept, through financing and construction, to completion making the process seamless for businesses and consumers. GRNE is committed to providing innovative and sustainable solutions to meet the diverse needs of customers in the region. The decision to establish a presence in Albany was driven by the State of New York's commitment to renewable energy and its implementation of various incentives and programs to promote solar installations. The Clean Energy Standard and the Reforming the Energy Vision initiative are two examples of the state's efforts to create a sustainable and clean energy future. These policies have created visibility and growing demand for solar among residents, businesses, and landowners in New York. "We are thrilled to bring GRNE Solar's expertise and commitment to sustainability to the Northeast," said Eric Peterman, chief executive officer of GRNE Solar. "By expanding our operations to Albany, we aim to provide homeowners, businesses, and landowners in New York and the surrounding areas with top-quality solar installations and exceptional customer service." GRNE has been at the forefront of the solar industry since 2012 and has successfully completed numerous installations across the Midwest. As an approved contractor for the New York State Energy Research and Development Authority (NYSERDA) program, the company is well-positioned to leverage its experience and deliver outstanding results in the State of New York. As the Albany office opens, GRNE plans to hire and grow a dedicated locally based team. For more information about GRNE Solar's services or to inquire about potential solar installations in the Albany area, please visit www.grnesolar.com . About GRNE Solar Since 2012, GRNE Solar, a Nelnet company , has been designing and installing commercial, residential and utility-scale solar systems. Its full-service team includes consultants, engineers, project managers, electricians, and solar installers. Collectively, the GRNE Solar team has over three decades of renewable energy and green construction experience. In July 2022, GRNE Solar was acquired by Nelnet, a Lincoln-based diversified financial services company. The acquisition allows GRNE to leverage Nelnet's proven track record, experience in renewable energy, and additional resources to set it up for tremendous growth. Learn more at www.GRNESolar.com . SOURCE GRNE Solar
GRNE Solar Frequently Asked Questions (FAQ)
When was GRNE Solar founded?
GRNE Solar was founded in 2012.
Where is GRNE Solar's headquarters?
GRNE Solar's headquarters is located at 230 N Hicks Pl, Palatine.
What is GRNE Solar's latest funding round?
GRNE Solar's latest funding round is Acquired.
How much did GRNE Solar raise?
GRNE Solar raised a total of $50K.
Who are the investors of GRNE Solar?
Investors of GRNE Solar include Nelnet.
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