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Green Development LLC

Overview
Current-gen renewables?
Product stageSegments
Early
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Solar project developers and operators, Wind project developers and operators
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Green Development LLC is the leading developer of large-scale renewable energy projects in Rhode Island, specializing in wind, solar, and battery storage. The company delivers significant energy savings to qualified organizations through the virtual net metering program. Founded in 2009, the company has built a portfolio of 135 MW of solar and wind projects, with plans to bring additional projects online in 2022. Green Development has played an important role in transforming and diversifying Rhode Island's energy portfolio. By providing a sustainable and reliable energy supply, the company helps generate in-state investment, increase energy security, and boost economic activity. Its renewable energy projects create local job opportunities, including construction, design, engineering, project management, corporate finance, and project maintenance. As the foremost developer of onshore wind energy in Rhode Island, Green Development's portfolio includes installations in Johnston, Coventry, Portsmouth, and North Kingstown, and the Port of Providence. Large solar energy sites are located in Richmond, West Greenwich, Hopkinton, Coventry, North Smithfield, and Johnston. Green Development LLC manages and owns renewable energy projects from start to finish, including planning and design, site development, project financing, construction, operation and maintenance, and asset management. Working with municipalities, quasi-public entities, schools, churches, housing authorities, and other nonprofit organizations, the company provides energy savings through the virtual net metering program. Farmers and landowners receive lease revenue for the small portion of land used for the project while preserving their farms. Green Development has expertise in financial and legislative requirements, supply chain, logistics, technological advancement, and project management. In-house experts are available to perform monitoring, routine maintenance, and repair projects. Since 2019, Solar Power World Online has recognized the company as a top solar contractor. In the recently published 2021 Top Solar Contractors list, Green Development is ranked #1 in installed capacity among 22 companies that completed projects in RI last year and in the top 24% of all U.S. solar developers, up 18 percentage points from the 2020 list.
HQ location:
Cranston RI USA
Founded year:
2009
Employees:
51-100
IPO status:
Private
Total funding:
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Last Funding:
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Product Overview
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Product Metrics
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Company profile
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