Greentech Renewables

What Greentech Renewables does

Greentech Renewables is a US-based wholesale distributor of solar and renewable energy electrical products, operating as a trade-name division of Consolidated Electrical Distributors, Inc. (CED). The company distributes a broad hardware catalog — solar panels, inverters, energy storage, EV charging, solar monitoring, racking, balance-of-system components, and sealants/adhesives — sourced from multiple manufacturers (including Qcells, Enphase, Tigo, Wallbox, Generac, and others) to a B2B network of solar installers, electrical contractors, and energy contractors. With over 100 physical locations across major US solar markets, Greentech pairs its distribution footprint with design services, credit services, a customer portal, IRA domestic-content compliance support, and Greentech Finance Solutions to embed itself into installer workflows.

The company's revenue model is hardware sales at wholesale pricing, quote-based through direct contact with local branches; products are not sold directly to end consumers. Recent strategic activity indicates an explicit shift from pure hardware distribution toward a platform model that bundles financing (the Propel prepaid power purchase agreement/lease launched in 2026 with Enphase, SolSource, TriBeam Financial, and Hudson Sustainable Group), electrification hardware (Keen Labs heat pumps via ConnectM, totaling roughly $3.6 million in commitments by March 2026), and end-of-life services (EcoRecycle solar panel recycling with Qcells, launched October 2025 in Tampa). A dedicated Latin America and Caribbean solutions line extends the model internationally.

Customer concentration is structurally low to moderate: the installer channel comprises a long tail of SMB contractors supplemented by named enterprise projects such as a 1.83 MW installation at Quad City Airport, a 555 kW project for Summer Classics, and a multi-year relationship with Southern Energy Management. The company is privately held, has not disclosed revenue, and operates with 1,001–5,000 employees. The leadership data set is thin — only co-founder Dan Fadden is named — reflecting limited public executive disclosure typical of a privately held distribution division.

Name

Greentech Renewables

Legal name

Consolidated Electrical Distributors, Inc.

Website

https://greentechrenewables.com

Company type

Private

Founded year

1957

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Greentech Renewables is a US wholesale distributor of solar panels, inverters, storage, EV charging, and balance-of-system hardware, selling exclusively B2B through 100+ branches to solar installers and electrical contractors, with added design, financing, and recycling services.

Ownership category

akta.pro rank

Product category

Solar Equipment Distribution

NAICS

Solar Electric Power Generation (221114), Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers (423720)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

C&I Renewable Supply & Green Tariffs (Bundled RE, Sleeves, Utility Green Tariffs) (EUAGACAE)

Keywords

• Solar distribution
• Renewable energy wholesale
• Solar equipment supply
• Energy storage distribution
• EV charging products

Headquarters

HQ city

Maumelle

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Product Distribution: Greentech Renewables generates revenue through distribution of solar and renewable energy products including solar panels, inverters, energy storage systems, EV charging, solar monitoring, balance of system components, and sealants/adhesives to a network of solar installers and contractors. The company operates as a wholesale distributor.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Greentech Renewables is a wholesale distributor of solar and renewable energy products, selling solar panels, inverters, energy storage systems, EV charging equipment, solar monitoring, balance of system components, and sealants/adhesives to a network of solar installers, electrical contractors, and energy contractors. The company operates 100+ locations nationwide and supplements product distribution with design services, finance solutions, logistics support, and policy navigation assistance to help contractors deliver residential and commercial solar and energy storage projects.

Differentiator

Problem solved

Functional benefit

Products and services

• Solar Panels Wholesale distribution of solar panels/modules from multiple manufacturers for residential and commercial solar installations, sold to solar installers and contractors.
• Solar Inverters Wholesale distribution of solar inverters from multiple manufacturers for converting DC solar output to usable AC power in residential and commercial systems.
• Energy Storage Wholesale distribution of solar energy storage systems and batteries for residential and commercial energy storage applications, enabling backup power and energy independence.
• Solar Racking Wholesale distribution of solar racking and mounting systems for installing solar panels on rooftops and ground-mounted arrays.
• EV Charging Wholesale distribution of electric vehicle charging equipment for residential and commercial installations, enabling EV charging infrastructure deployment by contractors.
• Solar Monitoring Wholesale distribution of solar monitoring equipment and gateways that allow system performance tracking for residential and commercial solar installations.
• Balance of System Wholesale distribution of balance of system components (circuit breakers, wiring, combiners, and other electrical accessories) required to complete solar installations.
• Sealants and Adhesives Wholesale distribution of sealants and structural adhesives used in solar panel installation and roof mounting applications.
• Greentech Finance Solutions Customized finance packages for residential and commercial solar installers, providing financing options that contractors can offer their end customers to facilitate solar and energy storage purchases.
• Design Services Engineering and design support services that help contractors specify equipment compatible with their specific project requirements, including detailed engineering plans for complex installations.
• Commercial Solutions Commercial solar distribution and project support services for businesses including warehouses, offices, and industrial facilities, covering supply chain management and coordination with multiple stakeholders for complex commercial installations.
• Latin America and Caribbean Solutions Distribution and project support for solar and energy projects in Latin America and the Caribbean, extending Greentech's wholesale distribution services to international markets.

Quantifiable outcome

• Homeowners can save up to 35% on solar and battery storage through Propel prepaid energy services agreement

Named customers4 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and major.

• Enphase EnergycoreTechnology or Integration · 22 May 2026Enphase Energy partnered with Greentech Renewables to develop the Propel Energy Services Agreement, a prepaid power purchase agreement or lease model for residential solar and storage. Enphase equipment qualifies for domestic content requirements under the Inflation Reduction Act, potentially increasing the Investment Tax Credit by 10%. Greentech distributes Enphase products including inverters, batteries, and monitoring equipment.
• SolSource SolutionscoreStrategic or Co-development Partner · 4 March 2026SolSource Solutions partnered with TriBeam Financial and Greentech Renewables to launch Propel, a residential solar and storage financing product using a prepaid power purchase agreement or lease model. Greentech provides distribution and logistics support while SolSource leads the product launch with strategic hardware partnership with Enphase Energy.
• TriBeam FinancialcoreGTM or Marketing Partner · 4 March 2026TriBeam Financial partnered with SolSource Solutions and Greentech Renewables to launch Propel, a residential solar and storage financing product. TriBeam provides the financial structuring for the prepaid power purchase agreement or lease model that allows homeowners to pay the total contract value upfront via a loan to eliminate annual price escalators common in traditional solar leases.
• ConnectM Technology SolutionsmajorChannel Partner/ Reseller/ Distributor · 10 November 2025Greentech Renewables signed a $1.7 million distribution agreement with ConnectM to make Keen Labs-branded AI-driven heat pumps and smart controls available through Greentech's network of solar, electrical, and energy contractors. This partnership supports the adoption of electric heating and cooling solutions and integrates with solar and energy projects. Total commitments with ConnectM exceeded $3.6 million by March 2026.
• QcellscoreStrategic or Co-development Partner · 16 October 2025Qcells launched EcoRecycle, a solar panel recycling partnership with Greentech Renewables in Tampa, Florida, aiming to develop nationwide infrastructure for decommissioned solar panels. The initiative establishes community collection hubs initially across Florida, expanding to the Southeast and nationally, recycling approximately 500,000 panels annually at Qcells' Georgia facility.

Scale indicators1 record

Recent moves6 records

Expansion highlights6 records

Direct peers

• Krannich Solar: Global solar wholesale distributor with a comparable multi-OEM product portfolio (modules, inverters, storage, BOS) sold exclusively to solar installers. Closest direct analog to Greentech's business model, though Europe-centric.
• Memodo: European solar and storage wholesale distributor serving installers with multi-brand PV equipment, inverters, and BOS. Operates the same value-added distribution model as Greentech with logistics and technical support services layered on hardware sales.
• Wholesale Solar: US-based solar equipment distributor selling panels, inverters, racking, and BOS to installers and DIY customers. Direct competitor in solar wholesale with overlapping product portfolio but a different mix of installer vs. DIY demand.
• Solar Electric Supply: US solar equipment distributor offering panels, inverters, racking, and balance-of-system components from multiple brands. Comparable single-country solar distribution model, though smaller in scale than Greentech's 100+ branch footprint.
• altE Store: Online solar and renewable energy retailer/distributor selling panels, inverters, charge controllers, and BOS. Competes with Greentech in solar product distribution but leans more toward off-grid and smaller-scale residential/DIY segments.

Broad incumbents

• ABC Supply Co. Largest US wholesale distributor of roofing, siding, and building products with a growing solar division. Competes with Greentech for installer mindshare but is primarily a building-products incumbent rather than a solar specialist.
• Rexel: Global electrical distribution leader with renewables offerings in solar and storage. Competes with CED/Greentech broadly but operates at much larger scale across electrical, lighting, and energy services rather than solar specialization.
• Sonepar: World's largest B2B electrical distributor, with growing renewable-energy distribution across North America and Europe. Overlaps with Greentech on solar product distribution but serves a far broader electrical contractor base.
• Graybar: Major US electrical, communications, and data-networking distributor with solar offerings. Sister-conglomerate comparator to CED in scale and serves similar industrial and commercial electrical customers, including renewable-energy contractors.

Emerging players

• Renvu: Online-first solar equipment distributor targeting installers with streamlined procurement. Represents the digital-native threat to Greentech's branch-heavy model and could capture price-sensitive installer volume.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

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Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Greentech Renewables