What Renovus Energy does

Renovus Energy, operating as Renovus Solar, is a vertically integrated solar energy provider founded in 2003 and headquartered in Ithaca, New York. The company designs, sells, and installs photovoltaic (PV) systems for residential, commercial, institutional, and developer clients, and additionally develops, owns, and operates community solar farms — a segment in which it pioneered the first NYSEG grid-connected community solar farm in New York State. Its product portfolio spans roof-mounted and ground-mounted residential systems, community solar farm share ownership (100kW–2.5MW farms), commercial solar with energy storage, school district solar arrays, and EPC plus O&M services for developers. Technology is supplied through long-term partnerships with LG Chem (batteries), SolarEdge (inverters and monitoring), and Sonnen (storage), and systems typically include internet-based energy consumption monitoring.

The business model is predominantly one-time installation revenue supplemented by ongoing O&M service contracts and community solar farm ownership economics. Renovus operates exclusively in New York State through a direct-to-consumer sales motion supported by phone, website, and a referral program paying $500+ per closed deal. Customer financing is enabled through a network of regional financial partners (Alternatives FCU, Tompkins Trust, Visions FCU, Dividend, M&T Bank), and the company helps customers navigate NYSERDA incentives and the state RP487 property tax exemption. Roughly 101–250 employees operate from a net-zero solar-powered headquarters at 1520 Trumansburg Road, Ithaca, with nearly two dozen community solar farms deployed across the state.

Renovus competes on brand longevity, regulatory fluency, and first-mover positioning in NY community solar rather than on proprietary technology or AI capability. The firm is privately held with no disclosed external funding beyond two small NYSERDA grants in 2004 and 2005. Customer concentration is distributed across SMB/residential, municipal (Municipality of Candor), nonprofit (SPCA Tompkins County), education (Maine Endwell), and small commercial segments, with no large enterprise customers disclosed. Pricing is quote-based and not publicly disclosed; the firm monetizes principally through upfront system sales, community solar share sales, and recurring O&M contracts.

Name

Renovus Energy

Legal name

Renovus Solar

Website

https://renovussolar.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

101–250 employees

Short description

Renovus Solar is a New York State-based solar installer and community solar farm developer, serving residential, commercial, school, and developer customers with PV systems, storage, and O&M services since 2003.

Ownership category

akta.pro rank

Product category

Solar Installation Services

NAICS

Residential Building Construction (23611), Solar Electric Power Generation (221114)

akta.pro primary industry

Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)

akta.pro secondary industries

Solar Roofing & Roof-Mounted PV Systems (IMADAFAO), Solar Balance-of-Plant EPC (Piles/Foundations, Trenching, Combiner Networks) (EUAEADAJ)

Keywords

• Residential solar installation
• Commercial solar solutions
• Community solar farms
• Solar EPC services
• Solar operations maintenance

Headquarters

HQ city

Ithaca

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Residential Solar Installation: One-time installation of roof-mounted or ground-mounted solar systems for homeowners. Revenue generated from system sales and installation services. Customers can own systems outright or finance through partnered lenders.
2. Community Solar Ownership: Customers purchase shares of community solar farms, owning panels that produce energy credited to their utility bills. Financing options available with monthly payments typically lower than pre-solar electricity bills. Savings of 20-30% during loan term, 100% offset when paid off.
3. Commercial Solar Installation: Custom solar solutions for businesses, schools, and developers. Includes EPC (Engineering, Procurement, Construction) services and O&M (Operations & Maintenance) for large-scale projects.
4. Landowner Revenue: Landowners can earn revenue by leasing or selling their land for solar farm development. Renovus handles everything from design to installation and maintenance as a turnkey solution.
5. Operations & Maintenance Services: Ongoing O&M services for installed solar systems, including monitoring, troubleshooting, and repairs. Customers can contact service team via phone or email.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Renovus Solar designs, engineers, installs, and maintains solar photovoltaic systems for residential, commercial, institutional, and landowner customers across New York State. Offerings span roof-mounted and ground-mounted home systems, community solar farms (both subscription and ownership models), commercial installations with battery storage, school district solar arrays, and EPC services for developers.

Product overview

Renovus Solar offers a comprehensive portfolio of solar energy solutions serving residential, commercial, institutional, and developer clients across New York State. The core offerings include roof-mounted and ground-mounted residential solar systems, community solar farm programs (both subscription and ownership models), commercial solar installations, school solar projects, and EPC services for developers. Add-on services include energy storage systems with Lithium-Ion batteries and ongoing operations and maintenance. The company operates a network of 24+ community solar farms throughout New York State and provides landowner services for those seeking to monetize their land through solar development.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential Roof-Mounted Solar Systems Custom-designed rooftop solar panel installations for homeowners across New York State. Includes complimentary home assessment, optimized roof-space design, 90-day installation guarantee, and internet-based energy consumption monitoring.
• Residential Ground-Mounted Solar Systems Ground-installed solar systems for residential properties with sufficient yard space. Uses commercial-grade equipment and is positioned for maximum sunlight exposure with no size limitations.
• Community Solar Farm Program Centrally-located community solar farms developed from 100kW to 2.5MW, where customers purchase or subscribe to kW shares. Credits are applied to their utility bills via Remote Net Metering/VDER Value Stack, eliminating the need for on-site installation. Systems guaranteed for 25 years.
• Commercial Solar Solutions Custom solar power and energy storage solutions for businesses, including solar production systems and battery storage to control utility expenses and provide demand surge pricing protection.
• School Solar Installations

Quantifiable outcome

• 25-year power generation guarantee - guarantees against 10% or more electrical output degradation for 5 years (2 years for batteries)
• +5 more outcomes

Named customers15 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered secondary and core.

• LG ChemsecondaryTechnology or IntegrationLong-term partner providing battery/energy storage systems for residential and commercial solar installations.
• SolarEdgesecondaryTechnology or IntegrationLong-term partner providing solar inverters and monitoring solutions. Featured in partner logos section.
• SonnensecondaryTechnology or IntegrationLong-term partner providing battery storage systems. Featured in partner logos section.
• Finger Lakes Climate FundsecondaryOthersNonprofit partnership for carbon offsetting and supporting energy efficiency projects. Demonstrates Renovus's sustainability commitment.
• NYSERDAcoreOthersNew York State Energy Research Development Authority. State agency enabling renewable energy infrastructure growth. Renovus helps customers navigate NYSERDA incentives and the RP487 property tax exemption form.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Trinity Solar: One of the largest regional residential solar installers in the Northeast (NJ, MA, RI, CT, PA, NY). Directly comparable as a vertically-integrated residential and commercial solar EPC operating across adjacent geographies with similar go-to-market and O&M service offerings.
• Solar Liberty: Buffalo, NY-based solar installer serving residential, commercial, and municipal customers across New York State. Direct in-state competitor with overlapping customer segments, similar product portfolio, and shared exposure to NYSERDA incentives.
• GreenSpark Solar: New York State-based solar installer (Rochester/Syracuse region) serving residential and commercial customers. Direct competitor operating in the same regional market with similar turnkey installation, community solar, and EPC offerings.
• Sunrun: Nation's largest residential solar, battery, and energy services company. Comparable as a residential solar installer with national scale, owned/leased financing models, and O&M offerings, though with broader geographic reach and significantly larger balance sheet than Renovus.
• SunPower: National residential and commercial solar installer and equipment provider. Directly comparable as a residential solar installer and an existing technology partner of Renovus (SunPower equipment referenced in customer testimonials and awards).
• Tesla Energy: Solar roof, retrofit solar, and Powerwall battery installer operating nationwide. Comparable as a direct residential solar + storage installer, with stronger national brand recognition and significant pricing pressure potential in Renovus's NY footprint.
• Freedom Forever: Large national residential solar installer. Comparable as a turnkey residential solar EPC with multi-state operations, presenting a likely competitor as it expands presence in Northeastern markets.
• Pivot Energy: National community solar developer and subscriber acquisition platform. Directly comparable to Renovus's community solar farm development business model, with overlapping emphasis on subscriber growth, developer EPC partnerships, and long-term asset management.
• Borrego Solar: Commercial and utility-scale solar EPC and developer. Comparable to Renovus's "For Developers" EPC service line for larger projects (100kW-2.5MW), though Borrego operates at significantly larger MW scale and broader geographies.

Broad incumbents

• Clearway Energy Group: Large-scale solar and storage developer/owner with utility-scale and community solar portfolios. Comparable as a broader incumbent operating in the same community-solar value stack and NYISO/utility interconnection ecosystem, but at materially greater scale and as a primarily asset-owning counterparty rather than an EPC installer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/renovussolar
• Instagraminstagram.com/renovussolar
• Xx.com/renovussolar
• LinkedInlinkedin.com/company/renovus-energy

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds2 records

Investors1 record

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 Renovus Energy