North American Renewables inc.

What North American Renewables inc. does

North American Renewables (NAR) is a privately held Engineering, Procurement, and Construction (EPC) firm founded in 2023 and headquartered in Canton, Massachusetts. The company delivers utility-scale solar and Battery Energy Storage System (BESS) projects for Independent Power Producers (IPPs), project developers, financing parties, and commercial/industrial customers across the eastern United States, with additional engineering reach into Wisconsin and Arizona. Its core offering is full-service EPC, supplemented by mechanical installation (including the only TerraSmart certified ground screw installation in the market), in-house electrical manufacturing and prefabrication, dedicated solar and BESS engineering services, and recurring operations & maintenance with a 48-hour reactive response guarantee.

NAR's revenue is generated through project-based EPC contracts (one-time per installation), recurring O&M subscriptions, engineering services, and electrical manufacturing contracts. The company self-performs the majority of EPC scope — engineering, design, procurement, mechanical installation, project management, QA/QC, safety, and IRA compliance — while leveraging an integrated partnership with PEC (Power Electric Corporation) for low voltage electrical work. Pricing is project-specific and quote-based, with no public rate cards. Since 2023, the company has completed 28 projects representing 174.7+ MW DC of installed capacity, and operates with 31 employees under a leadership team carrying over 50 years of combined renewable energy experience from prior roles at Borrego Energy, Terrasmart, and other industry incumbents.

The company's go-to-market is enterprise field sales targeting utility-scale project developers and commercial entities, executed through direct project consultations, no-obligation quotes, and website-driven inbound inquiries. NAR's strategic positioning rests on three differentiators: the TerraSmart ground screw certification, an IRA-compliant apprentice program approved by the Department of Labor, Department of Education, Veteran Affairs, and NYSERDA, and integrated self-performed EPC delivery that captures margin and schedule control versus subcontractor-heavy competitors.

Name

North American Renewables inc.

Legal name

North American Renewables

Website

https://narenewables.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

11–50 employees

Short description

North American Renewables is a privately held solar and BESS EPC firm founded in 2023 in Canton, Massachusetts, delivering full-service engineering, procurement, construction, electrical manufacturing, and operations & maintenance to project developers, IPPs, and commercial customers in the eastern United States.

Ownership category

akta.pro rank

Product category

Solar EPC Services

NAICS

Power and Communication Line and Related Structures Construction (237130), Electrical Equipment Manufacturing (33531)

akta.pro primary industry

Solar Balance-of-Plant EPC (Piles/Foundations, Trenching, Combiner Networks) (EUAEADAJ)

akta.pro secondary industries

Utility-Scale BESS EPC & Integration (EUAEAEAA), Electrical Balance-of-Plant EPC (MV Collection, Cabling, Earthing, Lighting) (EUAEADAB), BESS EPC, Integration & Commissioning (EUAFAAAB)

Keywords

• Solar EPC services
• Battery energy storage
• Utility-scale solar
• Solar construction services
• Renewable energy engineering

Headquarters

HQ city

Canton

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. EPC Project Services: North American Renewables generates revenue through full-service Engineering, Procurement, and Construction contracts for solar and BESS projects. Revenue is project-based and one-time per installation, with self-performed work covering engineering, procurement, mechanical installation, and construction management. The company has completed 28 projects with 115.3+ MW DC installed.
2. Operations & Maintenance Services: NAR provides ongoing O&M services including annual/bi-annual preventative maintenance, system monitoring and reporting, reactive service, IR scanning, drone flyover data collection, and vegetation management. Services generate recurring revenue from existing customer installations.
3. Electrical Manufacturing: Factory-based prefabrication of engineered electrical systems for OEMs and contractors, including partner and contract manufacturing, system integration & assembly, and structural & electrical fabrication. Revenue is generated through project-based manufacturing contracts.
4. Engineering Services: Full-service solar and BESS engineering including civil, electrical, and PV design with professional stamping and modeling. Services include site diligence, design optimization, construction-level detail plans, permitting, and construction administration.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

North American Renewables is a self-perform Engineering, Procurement, and Construction (EPC) firm delivering utility-scale solar and Battery Energy Storage System (BESS) projects from pre-construction through operations and maintenance. Core offerings include full EPC services, mechanical installation (racking, modules, ground screws), professional solar and BESS engineering with stamped designs, electrical manufacturing/prefabrication, and recurring O&M services with a 48-hour reactive response guarantee.

Product overview

North American Renewables is an Engineering, Procurement, and Construction (EPC) firm offering a unified suite of solar and BESS (Battery Energy Storage System) solutions. The core offering is EPC Services, which encompasses Pre-Construction, Procurement, and Construction phases, supplemented by specialized Mechanical Installation, Engineering Services, Operations & Maintenance (O&M), and Electrical Manufacturing capabilities. Projects include Bucksport (3.3 MW DC), Dave's Way (5.7 MW DC), Fitchburg (6.4 MW DC with BESS), Mountain Gardens (5.93 MW DC), Vineyards V1 & V2 (12.4 MW DC), and Route 19 Solar (10.7 MW DC). The company operates with over 50 years of combined leadership experience and 174.7+ MW installed capacity, serving the eastern United States from Canton, Massachusetts headquarters.

Differentiator

Problem solved

Functional benefit

Products and services

• EPC Services Full-service Engineering, Procurement, and Construction (EPC) solutions delivering solar and BESS projects from pre-construction through completion, with self-performed engineering, design, procurement, project management, mechanical and electrical installation, safety management, and IRA compliance. Targeted at utility-scale solar developers, IPPs, and commercial entities.
• Engineering Services Full-service solar and BESS engineering specializing in civil, electrical, and PV design with professional stamping and modeling, covering site diligence, design optimization, construction-level detail plans, permitting, and construction administration. Serves developers and EPC partners in New England, New York, Pennsylvania, Maryland, Wisconsin, Arizona, and beyond.
• Mechanical Installation Foundation, racking, and module installation services specializing in pile driving, ground screws, and ballasted solutions, including single-axis tracker and fixed-tilt racking installation with OSHA and IRA compliance. Differentiated as the only TerraSmart-certified ground screw installer in the market.
• Operations & Maintenance (O&M) Comprehensive O&M services including annual preventive maintenance, system monitoring and reporting, reactive service with a 48-hour response guarantee, fault investigation and clearing, IR scanning, drone flyover data collection, vegetation management, system upgrade consulting, and battery storage maintenance for solar and BESS asset owners.
• Electrical Manufacturing Partner and contract manufacturing of engineered electrical systems for OEMs and contractors, including system integration and assembly, structural and electrical fabrication, and quality and compliance support delivered in a controlled manufacturing environment.

Quantifiable outcome

• 174.7+ MW installed capacity across 28 completed projects
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• PEC (Power Electric Corporation)coreStrategic or Co-development PartnerNAR leverages PEC (Power Electric Corporation) as an integrated partner for low voltage electrical work. Steve Beals, Senior Vice President of Operations for NAR/PEC, oversees all aspects of operations. This partnership enables NAR to self-perform low voltage electrical work while utilizing PEC's capabilities, maintaining quality control and schedule adherence. PEC is described as an 'integrated partner' in NAR's self-perform EPC model.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Blattner Energy (Quanta Services): Large renewable energy EPC and part of Quanta Services, with extensive utility-scale solar, wind and BESS experience; competes with NAR in the broader renewable EPC market.
• McCarthy Building Companies: Top U.S. commercial/renewable EPC with a dedicated solar practice; overlaps with NAR on utility-scale and C&I solar EPC opportunities with deeper balance sheet capacity.
• EDF Renewables: Global developer/IPP with internal EPC capability across solar, wind and BESS; competes with NAR both as a customer-side counterparty and as a vertically integrated EPC.
• Mortenson Construction: Large national EPC with a leading renewable energy practice covering wind, solar and BESS; a much larger incumbent competing for the same utility-scale developer RFPs as NAR.

Direct peers

• Swinerton Renewable Energy: One of the largest U.S. utility-scale solar EPC contractors with a multi-GW track record; competes with NAR for the same IPP/developer RFPs, particularly in community solar and ground-mount projects.
• SOLV Energy: Utility-scale solar EPC specialist spun out of Swinerton; directly competes with NAR for the same developer/IPP EPC scopes in the U.S. utility solar market.
• Borrego Energy: Solar EPC and project developer serving commercial, industrial and utility-scale markets in the U.S. — directly comparable to NAR's core offering and a former employer of NAR's SVP of Business Development.
• Signal Energy (now part of Duke Energy Renewables): Utility-scale solar EPC contractor; comparable business model delivering large ground-mount projects for IPPs — a direct peer to NAR's core solar EPC scope.

Emerging players

• Ranger Power: Smaller emerging utility-scale solar EPC and developer focused on Northeast markets — directly comparable geography and customer segment to NAR's eastern U.S. focus.

Others

• TerraSmart: Specialty racking and ground-screw supplier; NAR is its only certified ground-screw installer, making TerraSmart an upstream enabling partner rather than a direct EPC competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/north-american-renewables-inc
• Instagraminstagram.com/nar.solar

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 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 North American Renewables inc.