GreenKey Solar
GreenKey Solar is a Portland, Oregon-based private solar developer that builds community solar and utility-scale photovoltaic farms across Oregon, Illinois, and Pennsylvania, having developed 70+ farms totaling 250+ MW. The company leases land from landowners, serves community solar subscribers and utility partners, and operates a sister EPC company called Renewable Acres.
- Company typePrivate
- Founded2009
- HeadquartersPortland, United States
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What GreenKey Solar does
GreenKey Solar is a Portland, Oregon-based private solar project developer founded in 2009 by Hunter Strader and Troy Snyder. The company develops photovoltaic (PV) solar farms under two core offerings: Community Solar and Utility-Scale Development. The Community Solar model leases land from farmers and landowners to build solar farms, then allows residential and commercial subscribers to benefit from solar energy credits on their utility bills without installing panels on their own property. The Utility-Scale Development line provides full-service project delivery from greenfield (zero existing infrastructure) through due diligence, utility interconnection, capital partner coordination, project management, and ongoing asset management, with typical site sizes ranging from 10 to 60 acres.
GreenKey generates revenue through a combination of one-time development fees on utility-scale project sales, recurring community solar subscription revenue, long-term land lease arrangements with landowners, and ongoing asset management services on its operational portfolio. Sister company Renewable Acres handles engineering, procurement, and construction, providing vertically integrated EPC capability. The company partners with utilities for interconnection agreements and power purchase agreements, and with capital partners ranging from private families to traditional banks for project financing.
GreenKey has built 70+ solar farms totaling 250+ MW of developed capacity across Oregon, Illinois, and Pennsylvania, self-reporting as the #1 developer in Oregon and a Top 5 developer in Illinois and Pennsylvania. The company employs approximately 25-30 people across development, engineering, permitting, finance, legal, and asset management functions. Its go-to-market is relationship-driven direct engagement with landowners, supported by content marketing, email newsletters, LinkedIn presence, and industry conference participation. The company is privately held by its co-founders with no disclosed external institutional investors or funding rounds.
GreenKey Solar firmographics
Firmographics- Name
- GreenKey Solar
- Legal name
- GreenKey Solar LLC
- Website
- https://greenkeysolar.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- GreenKey Solar is a Portland, Oregon-based private solar developer that builds community solar and utility-scale photovoltaic farms across Oregon, Illinois, and Pennsylvania, having developed 70+ farms totaling 250+ MW. The company leases land from landowners, serves community solar subscribers and utility partners, and operates a sister EPC company called Renewable Acres.
- Ownership category
- akta.pro rank
GreenKey Solar industry classification
Industry- Product category
- Solar Energy Development
- NAICS
- Solar Electric Power Generation (221114)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- Solar Project Development & IPP (Utility-Scale & Rooftop) (EUAMABAA)
Keywords
Where GreenKey Solar is headquartered
LocationHeadquarters
- HQ city
- Portland
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
GreenKey Solar business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Land Lease Arrangements: GreenKey leases land from landowners to build solar farms, providing passive income to property owners for decades while developing the solar project.
- Community Solar Subscriptions: Residential and commercial customers subscribe to community solar farms, generating revenue through energy bill savings and providing ongoing income streams for the company.
- Utility-Scale Solar Development: Development and sale of utility-scale solar projects to utilities and capital partners, with typical site sizes ranging from 10 to 60 acres.
- Asset Management: Ongoing asset management services for operational solar farms, managing relationships with utilities and capital partners post-construction.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
GreenKey Solar product offering
Product offeringCore offering
GreenKey Solar is a solar development company that leases land from landowners to develop community solar and utility-scale solar farms. The company develops, owns, and manages solar projects across Oregon, Illinois, and Pennsylvania, while also offering subscription-based community solar programs to residential and commercial energy consumers and asset management services for operational solar farms.
Product overview
GreenKey Solar is a solar development company offering two core service offerings: Community Solar and Utility-Scale Development. The Community Solar program enables landowners to lease their land for solar farm construction while community members subscribe to receive solar benefits. Utility-Scale Development provides comprehensive project development services from initial greenfield stage through to operational systems, managing due diligence, utility partnerships, capital financing, and ongoing asset management. The company has developed over 250 megawatts across the country and operates primarily in Oregon, Illinois, and Pennsylvania.
Differentiator
Problem solved
Functional benefit
Products and services
- Community Solar Subscription-based community solar program that allows residential and commercial electricity customers to subscribe to a share of a local solar farm, receiving credits on their utility bills without installing rooftop panels.
- Utility-Scale Solar Development End-to-end development of utility-scale solar farms, including site identification, permitting, engineering, and construction, for utilities, municipalities, and capital partners.
- Solar Asset Management Long-term operations and asset management services for operating solar farms, supporting capital partners and project owners after commercial operation.
- Landowner Lease Program Program through which GreenKey Solar leases suitable acreage from landowners to develop solar farms, offering free site assessments and long-term passive lease income.
Quantifiable outcome
- 70+ solar farms built
- +3 more outcomes
Companies that use GreenKey Solar
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles3 records
GreenKey Solar technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
GreenKey Solar partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- Renewable AcrescoreRenewable Acres is a sister company of GreenKey Solar that handles engineering, procurement, and construction (EPC) services. This integrated approach allows GreenKey to control the full development lifecycle from greenfield stage to operational solar systems.
- UtilitiescoreUtilities collaborate with GreenKey to meet sustainability goals. GreenKey submits interconnection applications to utility queues and enters into long-term Interconnection Agreements enabling power sales from solar projects.
- Local AuthoritiesminorGreenKey works with local authorities to ensure all projects meet and exceed local policies and standards. This includes obtaining permits and complying with land use regulations.
Scale indicators5 records
Recent moves7 records
Expansion highlights5 records
GreenKey Solar competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key highlights6 records
Customer concentration
GreenKey Solar social profiles
Digital presenceGreenKey Solar financial estimates
Financial estimateRevenue estimate
Valuation estimate
GreenKey Solar leadership team
Management profileNumber of profiles
Profiles4 records
GreenKey Solar subsidiaries and ownership
Company hierarchySubsidiaries1 record
GreenKey Solar funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
GreenKey Solar M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about GreenKey Solar
What does GreenKey Solar do?
GreenKey Solar is a solar development company that leases land from landowners to develop community solar and utility-scale solar farms. The company develops, owns, and manages solar projects across Oregon, Illinois, and Pennsylvania, while also offering subscription-based community solar programs to residential and commercial energy consumers and asset management services for operational solar farms.
Is GreenKey Solar a public or private company?
GreenKey Solar is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was GreenKey Solar founded?
GreenKey Solar was founded in 2009. It employs 1 to 10 people.
Where is GreenKey Solar based?
GreenKey Solar is headquartered in Portland, United States, in the North America region.
How does GreenKey Solar make money?
Four revenue lines are on record. Land Lease Arrangements are the primary driver. The others are community Solar Subscriptions, utility-Scale Solar Development and asset Management.
Does GreenKey Solar have an API?
No public API is recorded for GreenKey Solar.
What industry is GreenKey Solar in?
GreenKey Solar's product category is Solar Energy Development. Its primary akta.pro industry code is EUAMABAA, Solar Project Development & IPP (Utility-Scale & Rooftop). Its NAICS code is 221114 and its SIC code is 4911.