Nelnet Renewable Energy shifts focus strategically

Nelnet Renewable Energy exits residential solar to focus on commercial projects. (Image Credit: Nelnet Renewable Energy)

Nelnet Renewable Energy, a subsidiary of Nelnet specializing in financing, developing, and operating clean energy solutions, recently shifted its focus to exclusively serve the commercial solar market, citing growth potential and alignment with its sustainability goals. This move follows the discontinuation of its residential solar operations due to challenging market conditions. The company remains committed to fulfilling existing residential project obligations and ensuring a smooth transition for customers. Leveraging its expertise in solar financing and project management, Nelnet Renewable Energy is poised for success in commercial solar projects, particularly in the Midwest and New York. Presently, it has around 15 projects under construction averaging 4 MW in size.