Company Updates and In The News

New Energy Equity (NEE) to Install Solar Panels for New Jersey Public Schools

ANNAPOLIS, MD., December 30, 2019 – Top solar contractor New Energy Equity (“NEE”) is proud to announce that it has recently energized two new solar projects for the Elizabeth Public School Board of Education in Elizabeth, New Jersey. NEE acquired this project from New York developer, HESP Solar, during construction and will own and operate […]

December 30, 2019

New Energy Equity (NEE) Ranks No. 491 on 2019 Inc. 5000 With Three Year Revenue Growth of 895 Percent

Annapolis, MD, August 15, 2019 – New Energy Equity ranked No.491 on Inc. Magazine’s 37th annual Inc. 5000, the most prestigious ranking of the nation’s fastest-growing private companies. When broken down into subcategories, NEE ranked #13 among energy companies, #21 among Maryland companies and #6 in the Baltimore region. The Inc. 5000 list represents a […]

August 15, 2019

New Energy Equity Recognized as Sixth Largest Solar Developer in the U.S.

Annapolis, MD, July 23, 2019 – New Energy Equity was ranked as the sixth largest developer in Solar Power World’s release today of its Top Solar Contractors list, recognizing hundreds of solar contractors and developers across the United States. NEE was also identified as the fourth largest commercial solar contractor nationwide. In 2018, the company installed […]

July 23, 2019

New Energy Equity (NEE) Receives Major Investment from SmartPitch Ventures

Annapolis, MD, May 28, 2019 – Leading solar developer New Energy Equity (“NEE”) and private equity investment fund SmartPitch Ventures (“SmartPitch”) announced today the closing of a major investment in NEE by SmartPitch. Under the terms of the agreement, SmartPitch assumed a controlling interest in NEE. The investment will accelerate NEE’s growth for the coming years and […]

May 28, 2019

Major School Solar Project Slated for Completion May 2019 in Central Minnesota

Annapolis, MD, May 2, 2019 – New Energy Equity, Region Five Development Commission (R5DC) and Rural Renewable Energy Alliance (RREAL) have successfully partnered to develop six solar arrays, totaling 1.5 MW, for Pine River-Backus and Pequot Lakes school districts and Central Lakes College. These three projects in central Minnesota will reduce each school’s carbon footprint […]

May 02, 2019

New Energy Equity names JB Jouve Chief Financial Officer

Annapolis, MD, February 22, 2019 – National solar developer and financier, New Energy Equity (NEE) announced today that Jean-Baptiste (JB) Jouve will join the company as Chief Financial Officer (CFO), effective March 11, 2019. Jouve will be responsible for supporting rapid growth by managing the internal and external finance functions of the organization. New Energy […]

February 22, 2019

New Energy Equity Portfolio Reaches 145 MW

Annapolis, MD, February 15 – National solar energy project developer New Energy Equity announced its 2018 year-end results today, including a string of record accomplishments for the company. The Annapolis-based company has now closed more than 145 MW (DC) of solar electricity generation, 60 MW in 2018 alone, representing $302 million in total project value. […]

February 15, 2019