Green Development LLC
 | |
| Private | |
| Industry | Energy (Solar & Wind) |
| Founded | 2009 |
| Founder | Mark DePasquale |
| Headquarters | Cranston, RI |
| Website | green-ri |
Green Development LLC is an American developer of renewable energy projects in Rhode Island.[1]
Its portfolio consists of onshore wind turbines in Johnston, Coventry, Providence, Portsmouth, and North Kingstown and large-scale solar farms in North Smithfield, Johnston, Richmond, West Greenwich, Hopkinton, and Coventry. The company’s most recent project, the 49.3 MW Iron Mine solar array in North Smithfield, RI, is the largest in the state, and 2021 was its biggest year ever in terms of completed projects.[2]
Since its founding in 2009, Green Development has been working closely with communities, non-profits, public entities, farmers, and landowners to design and build wind and solar energy projects that generate clean electricity and provide energy savings to qualified partners through the RI virtual net metering program (VNM).[3]
Solar Power World has consistently recognized Green Development as a top solar contractor since 2019.[4] Green was ranked #1 in the 2021 Top Solar Contractor’s list in installed capacity among 22 companies with completed projects in Rhode Island. Country-wide, they ranked in the top 24% of all U.S. solar developers—up 18 percentage points from 2020.
History
Green Development was founded in 2009 by Mark DePasquale, who currently serves as the company’s CEO.[5]
With 135 MW of solar and wind projects currently in operation, and more scheduled to come online over the next few years, its mission is to increase energy security, reduce carbon emissions, preserve Rhode Island farmland, and boost local economies.[6]
Green Development plays an instrumental role in transforming and diversifying the energy mix in Rhode Island. The state currently relies on natural gas for 92% of its electricity generation, and Green’s focus is to help the state migrate to 100% renewables and battery storage.
The sustainable and reliable energy it provides generates in-state investment, boosts economic activity, and increases energy security. With a never-ending stream of renewable energy projects, local jobs―including construction, design, engineering, project estimation, project management, project finance, and project maintenance―are typically available.
Operations
Green Development manages and owns its projects from inception to completion—planning and design, project financing, site development, construction, operation and maintenance, and asset management. This approach enables the company to avoid the usual timeline gaps that occur when projects change hands before going online. Its team of in-house experts is responsible for monitoring, performing routine maintenance, and repairing projects throughout the life of the installation.[7]
Wind and Solar Projects
Green Development LLC is a full-service developer of renewable energy projects in Rhode Island, specializing in wind, solar, and battery storage. With expertise in financial and legislative requirements, supply chain logistics, technological advancement, and project management, the company provides significant energy savings to municipalities, quasi-public entities, non-profits, and other qualified entities via Rhode Island’s virtual net metering program.[8]
Green Development has built an impressive portfolio consisting of 135 MW of solar and wind projects to date. They have plans to bring additional projects online in 2022. Their wind and solar sites are responsible for reducing carbon emissions equivalent to using 16,252,010 gallons of gas annually.[9]
The largest of its kind in Rhode Island, the 49.3 MW DC Iron Mine Solar project occupies approximately 162 acres in North Smithfield, RI. Green Development owns and is responsible for operating and maintaining the solar array. All energy credits are sold to a variety of qualified off-takers, including non-profits and government agencies, through the R.I. VNM program.[10]
References
- ↑ "Green Development". Solar Power World. Retrieved 4 April 2022.
- ↑ Development, Green (31 March 2021). "Green Development, LLC to Construct Operational/Warehouse Facility at Quonset". GlobeNewswire News Room. Retrieved 4 April 2022.
- ↑ "Solar developers are ready to meet U.S. clean energy goals. The grid isn't". Solar Power World. 5 April 2022. Retrieved 11 April 2022.
- ↑ "Green Development LLC Continues to Grow as Rhode Island's Leading Renewable Energy Developer". www.yahoo.com. Retrieved 11 April 2022.
- ↑ "Green Development to Relocate Headquarters to Cranston's Chapel View". GoLocalProv. Retrieved 4 April 2022.
- ↑ "Green Development LLC - Developers - Wind energy market players - Online access - The Wind Power". www.thewindpower.net. Retrieved 4 April 2022.
- ↑ "Final approval given by the Town of Glocester for new solar project". WPRI.com. 10 September 2020. Retrieved 4 April 2022.
- ↑ "Rhode Island farm finds dual-use solar array a viable means to grow crops". Solar Power World. 27 August 2020. Retrieved 4 April 2022.
- ↑ Mercure, Matthew (25 November 2020). "Green Development Receives Approval for Port of Providence Wind Turbines". North American Windpower. Retrieved 4 April 2022.
- ↑ Staff, Brian Amaral Globe; November 5, Updated. "New wind turbines are popping up on Providence's waterfront - The Boston Globe". BostonGlobe.com. Retrieved 4 April 2022.