Newport Renewables

What Newport Renewables does

Newport Renewables is a privately held Rhode Island design-build company founded in 2008 (originally as Stateside Precision Group in the U.S. Virgin Islands) and relocated to Wakefield, RI in 2011. The firm operates two integrated business lines: (1) zero-energy custom home construction for affluent homeowners, featuring super-insulated building envelopes, geothermal and air-source heat pump HVAC systems, and integrated solar PV arrays designed to produce as much energy as the home consumes annually; and (2) commercial and utility-scale solar power installation services, including roof-mount, ground-mount, and solar carport systems with optional EV charging, for businesses, institutions, and government agencies throughout Rhode Island.

The company employs 11-50 staff and serves three primary customer segments: commercial businesses and institutions (the primary vertical), government and municipalities (participating in Rhode Island's Lead by Example Initiative), and affluent homeowners seeking custom coastal zero-energy construction. Its technology stack combines physical building-science expertise—reinforced concrete slabs and pilings for flood-zone construction, rain screen wall systems, and super-insulated envelopes—with conventional solar PV and heat-pump integration. No AI/ML, software platform, or proprietary digital tooling is disclosed; differentiation is grounded in vertical integration of design, construction, electrical, and renewable-energy disciplines under a single vendor, plus 15+ years of specialized coastal and high-performance building experience in the Rhode Island market.

The business model is predominantly project-based: one-time fees for custom home builds and commercial solar installations, supplemented by ongoing operations and maintenance contracts and transaction-fee facilitation of Rhode Island's Renewable Energy Growth (Feed-in-Tariff) Program with National Grid. GTM is sales-led and direct, leveraging a content-marketing-heavy website, case studies demonstrating measurable ROI (e.g., 69% facility energy offset, 5.4-year payback, 19.3% IRR), free consultations, and field-sales engagement across Rhode Island. No external institutional investors, funding rounds, or M&A activity are disclosed; the company remains founder-operated by Stuart Flagan and Michael Cabral.

Name

Newport Renewables

Legal name

Newport Renewables

Website

https://nptre.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

Newport Renewables is a Rhode Island design-build firm that constructs zero-energy custom homes and installs commercial and utility-scale solar power systems (roof-mount, ground-mount, carport) for businesses, institutions, government agencies, and affluent homeowners throughout Rhode Island.

Ownership category

akta.pro rank

Product category

Renewable Energy Construction and Design-Build Services

NAICS

Solar Electric Power Generation (221114), Electric Power Generation (22111)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Residential Green / High-Performance Home Construction (Net-Zero, Passive House) (IMAFABAH)

akta.pro secondary industries

Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro) (EUACALAJ), Distributed & Commercial Renewable O&M (Rooftop Solar, C&I Wind, Small Hydro) (EUAMAGAB), Distributed Generation (DG) Solar & Small Wind (EUAMAJAD)

Keywords

• Custom home building
• Commercial solar installation
• Zero energy homes
• Renewable energy services
• Solar power solutions

Headquarters

HQ city

Providence

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Custom Home Building: Full-service custom home design and construction for Rhode Island homeowners. The company designs and builds high-performance zero-energy homes managing every phase of the design-build process in-house.
2. Commercial Solar Installation: Design, installation, and maintenance of commercial and utility-scale solar power systems including roof mounts, ground mounts, and solar carports for businesses and institutions
3. Operations and Maintenance: Ongoing operations and maintenance services ensuring custom home systems and solar installations perform optimally for years after installation
4. Feed-in-Tariff (FiT) Program Facilitation: Facilitates participation in Rhode Island's Renewable Energy Growth Program where system owners sell generated electricity to National Grid at fixed rates for 20-year terms, creating recurring revenue streams for clients

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

Newport Renewables is a Rhode Island design-build firm that constructs high-performance, zero-energy custom homes and installs commercial and utility-scale solar power systems (roof mount, ground mount, and solar carports). The company manages development, construction, operation, and maintenance in-house for residential and commercial/institutional clients throughout Rhode Island.

Product overview

Newport Renewables operates as a dual-service company offering two core product lines: (1) Zero Energy Custom Home Builds — high-performance residential construction featuring integrated solar systems, geothermal/air source heat pumps, and super-insulated building envelopes designed to achieve net-zero annual energy consumption; and (2) Commercial Solar Power Solutions — encompassing roof mount, ground mount, and solar carport installations for businesses, institutions, and utility-scale projects throughout Rhode Island. The company also provides development, construction, operation, and maintenance services for renewable energy projects.

Differentiator

Problem solved

Functional benefit

Products and services

• Zero Energy Custom Home Builds High-performance, solar-powered custom homes designed to produce as much energy as they consume annually, featuring super-insulated building envelopes, geothermal and air source heat pumps, and integrated solar PV arrays. Targeted at forward-thinking, affluent Rhode Island homeowners seeking energy-efficient coastal residences.
• Commercial Solar Power Solutions Turnkey design, installation, and ongoing maintenance of commercial and utility-scale solar PV systems including rooftop mounts, ground mounts, and solar carports with optional EV charging. Built for businesses, warehouses, manufacturing plants, distribution centers, schools, healthcare facilities, and government agencies seeking energy cost reduction and energy independence.
• Operations and Maintenance Services Post-installation operations and maintenance services for solar PV systems and high-performance home energy systems, ensuring systems perform optimally for 25+ years. Available to both residential custom home clients and commercial solar customers throughout Rhode Island.

Quantifiable outcome

• 69% of facility energy load offset with 5.4-year payback and 19.3% IRR
• +4 more outcomes

Named customers10 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators7 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• ReVision Energy: Maine-based employee-owned solar installer serving residential, commercial, and institutional customers across northern New England with design-build capabilities and a similar dual emphasis on custom energy-efficient homes and solar installations.
• Greenlogic Energy: Connecticut-based residential and commercial solar EPC operating in southern New England with design-build integration, overlapping directly with Newport Renewables' Rhode Island footprint and target customer segments.
• Nexamp: Northeast-focused solar developer and operator building community solar, commercial, and utility-scale projects across New England, competing for the same institutional and commercial customers Newport Renewables serves.
• BPC Green Builders: Northeast-based high-performance custom home builder specializing in energy-efficient and net-zero residential construction, directly comparable to Newport Renewables' zero-energy custom home line.
• Vanguard Energy Partners: New Jersey-headquartered commercial and utility-scale solar EPC with strong Northeast presence, competing for the same mid-market commercial, institutional, and government solar installations that Newport Renewables targets.

Emerging players

• South Mountain Company: Martha's Vineyard-based design-build firm focused on sustainable, energy-efficient homes and small commercial buildings, sharing Newport Renewables' coastal New England zero-energy construction niche but at smaller scale.

Broad incumbents

• Sunrun: National residential solar installer and lease/PPA provider operating across most U.S. states, representing the scaled, mainstream alternative to Newport Renewables' custom zero-energy home solar offerings.
• Borrego Solar: National commercial and utility-scale solar EPC and developer with a much larger footprint and broader capabilities, frequently competing for the same institutional and government solar projects across multiple states including the Northeast.
• Tesla Energy: National provider of solar, Powerwall, and commercial energy products through Tesla and SolarCity, competing broadly across both residential and commercial solar segments in the Northeast.

Regional players

• BlueWave Solar: Massachusetts-based solar developer and owner-operator focused on community solar and commercial projects, competing for New England institutional customers in a closely adjacent geography to Newport Renewables.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/NPTRE
• Facebookfacebook.com/newportrenewables
• LinkedInlinkedin.com/company/nptre
• Instagraminstagram.com/newport_renewables/?hl=en

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

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 Newport Renewables