Emergent Solar Energy

What Emergent Solar Energy does

Emergent Solar Energy is a privately held, founder-owned commercial and industrial solar EPC contractor headquartered in the Purdue Research Park in West Lafayette, Indiana. Founded in 2016 by Jeremy Lipinski and his son, the firm delivers turnkey solar PV and battery energy storage systems under a single integrated contract covering feasibility analysis, professional-engineered system design, procurement, construction, interconnection, and post-commissioning performance monitoring. The company serves three primary verticals: commercial and industrial manufacturing facilities (including Subaru of Indiana Automotive and Toyota Material Handling), agricultural operations such as hog, poultry, dairy, and grain operations (including Handsome Brook Farms and multiple Indiana pork producers), and municipal and institutional customers (including Valparaiso University).

The underlying technology stack combines high-efficiency bifacial solar modules, precision-aligned racking (e.g., TerraGen TGR rail-based systems), SMA PEAK3 string inverters with predictive maintenance capability, and self-learning peak shaving controllers on battery energy storage assets. Each installation is professionally engineered to the specific facility's electrical infrastructure, load profile, and operational constraints, with performance modeling completed prior to procurement. Project sizes range from 78 kW DC systems on university and farm rooftops to a 960 kW ground-mount system for Toyota Material Handling.

Emergent generates revenue primarily through EPC project delivery on a project-by-project basis, supplemented by a financing facilitation stream that includes SBA 504 Solar Loans, USDA REAP loans, and solar operating leases. Pricing is not publicly disclosed, but the company publishes modeled project economics of a 13.69% IRR, 5.9-year simple payback, and $0.032/kWh levelized cost of energy for Indiana facilities. The go-to-market is direct enterprise field sales targeting facility managers, EHS and plant leadership, and sustainability executives across Indiana, with no channel partners or resellers. The company has installed 1,000+ systems generating over 1,000,000 MWh and facilitated over $100M in customer financing.

Name

Emergent Solar Energy

Legal name

Emergent Solar Energy

Website

https://emergentsolar.energy

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

Emergent Solar Energy is a privately held Indiana-based commercial and industrial solar EPC contractor founded in 2016, delivering turnkey solar PV and battery storage systems to manufacturing, agricultural, and municipal customers across Indiana.

Ownership category

akta.pro rank

Product category

Commercial & Industrial Solar EPC

NAICS

Solar Electric Power Generation (221114)

akta.pro primary industry

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

Keywords

• Commercial solar EPC
• Industrial solar installation
• Agricultural solar systems
• Battery energy storage
• Solar project financing

Headquarters

HQ city

West Lafayette

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Solar EPC Project Delivery: Turnkey solar PV and battery energy storage system project delivery for commercial, industrial, agricultural, and municipal facilities. Revenue is generated through engineering, procurement, and construction services under a single integrated contract. Projects range from 78 kW to 960+ kW systems.
2. Solar Project Financing Facilitation: The company facilitates financing options including SBA 504 Solar Loans, USDA REAP loans, and solar operating leases, earning fees or margins on financing arrangements. Over $100,000,000 in financing has been secured for customers.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Emergent Solar Energy is a commercial and industrial solar EPC contractor delivering turnkey on-site solar PV and battery energy storage systems for manufacturing, agricultural, and municipal/institutional facilities in Indiana. Services span feasibility analysis, professional-engineered design, procurement, construction, interconnection, and ongoing performance monitoring under a single integrated contract, complemented by financing facilitation through SBA, USDA REAP, and solar operating leases.

Product overview

Emergent Solar Energy is a commercial and industrial solar EPC contractor offering turnkey on-site solar PV and battery energy storage systems. The company's core offering consists of five integrated service lines: Commercial & Industrial Solar EPC for manufacturing facilities; On-Farm & Agricultural Solar EPC for agricultural operations; Municipal & Institutional Solar EPC for government and educational facilities; Commercial Battery Energy Storage Systems for demand management; and Solar Project Financing & Incentives covering SBA loans, USDA REAP financing, and incentive program assistance. All services are delivered through a single integrated contract model spanning feasibility analysis, engineering, procurement, construction, interconnection, and ongoing performance monitoring.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial & Industrial Solar EPC

Quantifiable outcome

• 13.69% Internal Rate of Return for modeled Indiana commercial solar projects
• +8 more outcomes

Named customers11 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Purdue Research Foundation / Purdue Research ParkcoreStrategic or Co-development PartnerHeadquartered at Purdue Research Park in West Lafayette, Indiana. The company was launched in 2016 and maintains ongoing affiliation with Purdue University through the research park ecosystem. Emergent Solar Energy is a Purdue-affiliated company aligned with Purdue's Giant Leaps sustainability celebration.
• Solar Energy Industries Association (SEIA)minorOthersIndustry association membership providing access to solar industry research, data, and policy advocacy. Company references SEIA data on solar market trends and installation cost reductions.
• American Solar Energy Society (ASES)minorOthersIndustry association membership supporting renewable energy adoption. ASES logo displayed on company website footer.
• Indiana Manufacturers Association (IMA)minorOthersState industry association membership connecting the company with Indiana manufacturing sector customers and industry initiatives.
• Green Alternatives Inc.minorImplementation/ SI/ Consulting PartnerSubcontractor engineering and operations partner on the Resler Feeder Hog 155 kW solar project. Engineering and operations manager Chris Rohaly contributed to challenging site design and installation.
• Duke EnergyminorStrategic or Co-development PartnerUtility partner for interconnection services. Company completed Duke Energy interconnection for Subaru of Indiana Automotive project and utilizes Duke Energy's territory for multiple Indiana installations.
• Tipmont REMCminorStrategic or Co-development PartnerRural electric cooperative partnership for Circle K Lafayette location. Project utilizes Tipmont REMC's export metering program alongside Federal ITC and MACRS depreciation.
• Hoosier Energy - Bartholomew County REMCminorStrategic or Co-development PartnerUtility partnership for Toyota Material Handling Columbus, Indiana project. System integrates with Hoosier Energy/Bartholomew County REMC's export metering tariff for project economics.

Scale indicators13 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• McCarthy Building Companies: National builder with a dedicated solar EPC group delivering C&I and utility-scale solar projects. Similar integrated EPC delivery, but operating at much larger enterprise scale and balance-sheet capacity.
• SOLV Energy: One of the largest U.S. utility-scale and C&I solar EPC contractors. Comparable as a turnkey solar EPC serving commercial and industrial customers, but operates at materially larger scale and national footprint than Emergent.
• Mortenson Construction: Large national EPC contractor with a significant wind, solar, and energy storage practice. Comparable turnkey EPC service model for solar and storage across C&I and utility-scale, but with far broader geographic reach and self-perform construction capability.
• ENGIE Distributed Solar (formerly Safari Energy): Develops, finances, and builds on-site commercial and industrial solar projects, now under ENGIE. Direct comparable on C&I solar EPC + financing, with substantially deeper balance sheet and project pipeline.
• Tesla Energy: Commercial solar and Powerwall/Megapack storage arm of Tesla serving C&I customers with integrated PV and storage. Comparable product offering on the storage side; competes for similar enterprise C&I RFPs.
• EDF Renewables Distributed Solutions: Subsidiary of EDF Renewables developing distributed generation solar and storage projects for C&I customers. Directly comparable customer segment and turnkey delivery, with parent-company capital advantages.

Direct peers

• Pivot Energy: Developer of community and C&I solar projects delivering turnkey rooftop and ground-mount systems to commercial customers. Direct peer given similar focus on C&I solar with an integrated project development and EPC delivery model.
• Ranger Power: Mid-market solar developer building community and C&I solar projects with integrated development and EPC. Comparable scale tier and C&I focus, though more weighted toward community solar.
• C2 Energy Capital: C&I and small-utility solar developer with turnkey development, financing, and EPC delivery. Closely comparable business model serving commercial and municipal customers with project financing built in.
• Catalyze: Developer of distributed solar and battery storage for commercial and industrial customers with integrated financing. Similar integrated C&I solar + storage + financing model, but broader U.S. footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

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 Emergent Solar Energy