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Solar Renewable Energy
4550 Lena Drive , Mechanicsburg, Pennsylvania, United States

Memberships : Solar Energy Industries Association (SEIA) ,Mid-Atlantic Solar Energy Industries Association (MASEIA), Pennsylvania Division of the Mid-Atlantic Solar Energy Industries Association (PASEIA)
Industry : Renewable Energy
Basic Member
Since Apr, 2019
About Company

Solar Renewable Energy (SRE), a Pennsylvania Limited Liability Corporation, was formed in January 2010 as a result Mr. Berrys long-time association with ParenteBeard, a well-established public accounting firm. Collectively, SRE has financed, developed and installed 50 solar energy systems, generating over 20.0 megawatts total output annually. With an asset value of $80 million, SRE is a driving force behind new solar energy generation throughout the mid Atlantic region of the United States.  SRE delivers innovative solutions for financing, development, construction and operation of solar renewable energy systems throughout the mid-Atlantic region of the United States.  SRE has quickly become one of the regions largest solar energy investors, developers, operators and renewable energy credit aggregator / brokers. We deliver cost-effective solar energy solutions for commercial, healthcare, senior living – governmental, agricultural, and public utility customers with emphasis on effective ownership structures, long-term energy savings, financial returns and minimal or no out-of-pocket investment.

Solar Renewable Energy guides each client through optimal solar energy financing, development, installation and management solutions.  Our solar company is different. We provide innovative solar solutions using proven turnkey services. We believe that overall project success depends on identifying and selecting the best ownership and financing structure for your solar energy system which jointly with making decisions regarding array location, size and installation maximizes the return to investors or stakeholders.  Some clients invest no money up front to build their solar arrays. Instead, investors fund the project and then sell energy back to the host client at a lower rate than the utility companies charge. This is known as a Power Purchase Agreement structure or “PPA”. Additionally, our organization has taken lead role in educating your community and customers about clean sustainable energy use, demonstrating your environmental stewardship.

Solar Renewable Energy is focused on harnessing the power of the sun as a clean, renewable energy source resulting in reduced energy consumption, utility cost savings and a smaller carbon footprint through delivery of innovative financing, development, construction and operating solutions for solar renewable energy systems in the mid-Atlantic region of the United States.

Credentials and experience matter to the success of your solar energy ROI

When choosing a professional team to develop your solar energy master plan, leadership, experience and demonstrated results are critical. Solar Renewable Energys members and principals offer over three decades of financial project development and operational management experience and are 100% committed to the long-term success of your solar energy system. SRE is so confident in its abilities to deliver a successful solar energy system that it is willing to invest in the projects it develops for host customers. Additionally, our private equity investment partners are willing to share their positive investment experience with SRE with you!

Solar Renewable Energys accomplishments include:

  • Successful development and ownership of a 45+ Solar PV project generating 18.0 MW of electricity annually since 2010.
  • Successful development and financing of a 2.4 MW distributed Solar PV project in Chester, VT.
  • Successful commissioning of the Masonic Villages solar project, the largest solar array located on a continuing care retirement community campus in the world.
  • Awarded long-term SREC supply contracts for 2,000 SRECs annually from two PA public utility companies.
  • Successful bidding and participation in competitive NJ SREC-based financing programs.
  • Established lending relationships with key regional solar lenders and tax credit equity partners.
  • Active leadership and policy roles within the Solar Energy Industries Association.

Sensible ownership structures that produce acceptable Returns on Investment (ROI) and Internal Rates of Return (IRR) Investors have target return parameters that drive investment in solar projects. SRE has established relationships with tax credit and private equity investors, banks and other lenders that help to identify and pre-select an appropriate ownership structure for the identified risks and target returns PRIOR to making an investment in your solar project. Additionally, SRE has developed and uses proprietary, Excel-based financial models to evaluate target ROI and IRR on both an unleveraged and leveraged basis, both before and after taxes, which helps to quickly evaluate performance of one ownership structure vs. another.

Ensuring Peak Performance and Output for Your Solar Energy System Solar Renewable Energy ensures optimal performance of your solar energy system through wireless remote monitoring. Our professionals do not disappear once the solar energy project is constructed. Quite the contrary. We help our clients through commissioning and inspections through facilitating the final interconnection agreement. Then, we monitor system performance 24 / 7 to ensure solar energy production is metered and recorded for billing and renewable energy credit trading purposes. With remote monitoring, SRE is able to evaluate performance at the individual solar panel level essential for system performance and health.

We implement turnkey solar energy services that make your solar investment shine. Incorporating the benefits of solar technology into your organizations energy master plan does not have to be intimidating. At Solar Renewable Energy (SRE), our solar energy experts specialize in providing turnkey, tailored solutions for organizations every day.  We will help your organization develop a custom Solar Energy Master Plan, guiding you step by step through the options and process.  SRE will outline available solar energy financing options for your project and help you get your project installed and generating electricity.  Our extensive network of trusted vendors enables us to control optimal quality, pricing and delivery at every point of service, from financing to installation to management.  Adopting solar energy gives you an opportunity to share your companys commitment to environmental responsibility with customers and the public. This can be a valuable community relations tool in an era where business news is often about damaging our planet.

Company NameSolar Renewable Energy
Business CategoryRenewable Energy
Address4550 Lena Drive
Mechanicsburg
Pennsylvania
United States
ZIP: 17055
PresidentDouglas R. Berry CPA
Year EstablishedNA
EmployeesNA
MembershipsSolar Energy Industries Association (SEIA) ,Mid-Atlantic Solar Energy Industries Association (MASEIA), Pennsylvania Division of the Mid-Atlantic Solar Energy Industries Association (PASEIA)
Hours of OperationNA
Company Services
  • Panel
  • Racking / Inverter And Monitoring Systems
  • Design Engineering
  • Electrical Contractor Services
  • Installation Services
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