reNRG Partners (“reNRG”) is a utility scale renewable energy development firm with a focus on the renewable energy needs of data centers. We develop high-quality utility-scale solar energy and battery storage projects that are well suited for co-location with data centers. We work with data center developers and utilities to find creative ways to sell our renewable energy directly to the data centers that we are co-located with. We work with utilities at the outset by approaching them with our renewable energy project and the data center load in an effort to sleeve our renewable energy project to the data center.
We have an extremely experienced team composed of industry leaders, each with a specific skill set critical to the development of renewable energy.
Our experienced team, technological advantages, and flexible structure allow us to capture the most attractive opportunities in solar development and the greater renewable energy space.
We have a repeatable and process-driven approach to originating best-in-class projects. It all starts with our proprietary grid analytics technology, which provides us with a bird’s-eye view of grid capacity in the US. After identifying all feasible points of interconnection in a region, we rigorously screen the surrounding land, filtering for environmental, build, and boundary impediments. The end result is a ranked list of target properties that are ideally suited for co-location of renewable energy and data centers. Acquiring the right land is the crucial first step towards a successful project.
Once we have settled on a location, we oversee all aspects of early-stage development, including negotiating real estate agreements, transmission studies, interconnection agreements, regulatory approval, transmission permitting, generator permitting, and PPA approval. Throughout this entire process, we work with industry leading environmental consultants and engineers to ensure that we can construct a project without harming the surrounding area.
Energy storage will play a critical role in supporting an increasingly renewable electric grid. Storage is a perfect complement to solar, charging when energy is abundant, and supplying the grid when renewable sources go offline. We are actively pursuing opportunities in bundled solar and battery storage, as well as standalone storage.
We seek to develop utility-scale solar energy and battery storage projects to meet the unique needs of data centers. We also seek to alleviate some of the overwhelming interconnection challenges facing utilities.
Utilities are being inundated with requests to connect new renewable energy projects to the grid while at the same time they are being overwhelmed by the enormous need for electricity from data centers.
We believe that the solution lies in letting the best data center projects connect with the best renewable energy projects. With this partial energy solution in hand, the renewable energy project and the data center can approach the utilities jointly for the data center to be connected to the grid and served with energy when the renewable energy project is not generating electricity.
We simultaneously strive to strengthen the local communities in which we develop renewable assets. We view each project as an opportunity to invest in the local community.
