"Shell Oil predicts that 50% of the world's energy will come from renewable sources by 2040."

"A system as small as 50 kilowatts, which can fit on a medium-sized office building roof, can produce enough electricity to eliminate 86,388 lbs of CO2 pollution annually, equivalent to planting over 6.5 acres of trees!"

"The number 2 state in the U.S. for solar electric power, and number 1 in total solar installations on a per capita basis, is New Jersey. Abundant state and federal incentive programs have caused the number of solar installations to skyrocket from just six installations seven years ago to over 4,340 today." LEARN MORE

In one hour, the planet Earth receives more energy from the sun than the entire world uses during a whole year.

In most states, you are allowed to feed the electricity produced by your solar power system back into the power grid.

Known as "net metering," this allows you to sell your solar power to the local utility, reducing or eliminating your electric bill.

The American Recovery and Reinvestment Act of 2009 (ARRA), passed in response to the worldwide economic crisis of 2008-2009, contains more than than $50 billion in direct spending programs, tax incentives, grants, loans, loan guarantees, and bond programs devoted to clean and renewable energy.

Even during the recession, the solar industry grew by 37 percent in 2009 and created 17,000 new American jobs. One industry association projects 10 gigawatts of new installations annually by 2015, powering two million households with clean, safe solar energy and supporting 440,000 domestic jobs.

2009 marked the second year of major price declines for photovoltaic solar modules. Prices have fallen over 40 percent since the beginning of 2008.

Since module prices account for up to half of the installed cost of a PV system, overall installed system prices are trending significantly downward as well.

Utility Services

NRE is a utility-scale solar power provider that works in partnership with electric utilities to meet demand for new renewable generation.

We specialize in the development of large-scale solar photovoltaic assets across the Mid-Atlantic region. Our focus is on the development, finance, construction, and ownership of solar power projects in the following areas:

Rooftop Aggregation. With access to large commercial and industrial property portfolios, NRE provides utilities with sizable quantities of wholesale electricity from distributed solar generation by aggregating rooftop-sited solar power systems.
Greenfield and Brownfield Sites. NRE can provide utilities with wholesale electricity from greenfield or brownfield project sites, providing everything from site identification, selection, and entitlement to system design, construction, and operation. NRE currently controls in excess of 1,000 acres of well-located properties.

NRE's methodology allows us to deliver clean energy resources quickly, enabling utilities to meet their renewable portfolio obligations and avoid penalties. Our experts will bring the capital, credit, and operating capability necessary to engage in wholesale PPA transactions. We also provide performance forecasting and scheduling data to meet utility operating requirements, as well as the performance reporting required to support Renewable Portfolio Standard (RPS) compliance needs.

For more information on our solar energy development services, contact us today!