New Leaf Energy

Develops solar and energy storage projects

Lowell, Massachusetts, United States

About New Leaf Energy

New Leaf Energy focuses on developing solar and energy storage projects to promote the use of renewable energy. The company collaborates with local authorities and utilities to create projects that benefit system owners, who own the solar and storage systems, and offtakers, who purchase the energy produced. New Leaf Energy operates in various regions across the United States, including California, New England, New York, Illinois, and Maine. Unlike many competitors, New Leaf Energy emphasizes strong partnerships with landowners to secure project sites and fosters a positive work culture for its employees. The goal of New Leaf Energy is to accelerate the adoption of clean energy solutions for a sustainable future.

55 Technology Dr Suite #102, Lowell, MA 01851, USAHeadquarters
2022Year Founded
BUYOUT_LBOCompany Stage
EnergyIndustries
201-500Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
401(k) Company Match
Unlimited Paid Time Off
Hybrid Work Options
Parental Leave
Professional Development Budget

Risks

Competition from Standard Solar may impact market share in Illinois.
Regulatory hurdles in Texas could challenge battery storage project expansions.
Dependency on partners like DSD Renewables may pose operational risks.

Differentiation

Spun off from Borrego, New Leaf Energy has a strong legacy in solar development.
Operates across diverse U.S. regions, enhancing its adaptability and market reach.
Focuses on partnerships with local authorities, ensuring community-aligned renewable projects.

Upsides

Growing demand for community solar projects boosts New Leaf's market opportunities.
Expansion into energy storage in Texas aligns with increasing storage demand.
Partnerships with FirstLight Power enhance grid reliability and sustainability.