Draft:REC Solar

Submission declined on 28 March 2025 by Brachy0008 (talk).

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Declined by Brachy0008 3 days ago. Last edited by Brachy0008 3 days ago. Reviewer: Inform author.

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Submission declined on 4 March 2025 by Cinder painter (talk).

This draft's references do not show that the subject qualifies for a Wikipedia article. In summary, the draft needs multiple published sources that are:

in-depth (not just brief mentions about the subject or routine announcements)
reliable
secondary
strictly independent of the subject

Make sure you add references that meet all four of these criteria before resubmitting. Learn about mistakes to avoid when addressing this issue. If no additional references exist, the subject is not suitable for Wikipedia.

Declined by Cinder painter 27 days ago.

Comment: Recsolar's official website appears to be the main source within the draft. Cinder painter (talk) 07:15, 4 March 2025 (UTC)

REC Solar is a nationwide American commercial solar developer that finances, designs, owns and operates solar PV systems, battery energy storage systems and microgrid projects for hundreds of U.S. commercial enterprises, including manufacturers, warehouses, retailers, universities, special districts and municipalities. As of December 2024, REC Solar's portfolio includes 675MW solar and storage projects in 29 states.

REC Solar also partners with developers and EPCs nationwide by providing turn-key finance solutions, project development services and acquisitions of distributed generation and smaller utility-scale solar projects.

The company was founded in 1997 and is headquartered in San Luis Obispo, California. In October 2023, REC Solar joined ArcLight Capital Partners' portfolio as a standalone solar provider..^[1]

History

In 1997, California Polytechnic State University graduates Judy Staley and Fred Sisson co-founded REC (Renewable Energy Concepts) Solar after installing a demo solar system on top of Staley's mother's home. At the time, Staley said, REC Solar was one of the first companies in California to focus on grid-connected solar systems.^[2] In 2005, Mainstream Energy Corporation acquired REC Solar. As part of the acquisition, REC Solar remained a standalone solar provider with Mainstream Energy as its parent company.^[3]

In 2007, REC Solar expanded its operations to Hawai'i, where it has since maintained a permanent presence as one of the state's premier commercial developers. As of December 2024, REC Solar has completed over 120 onsite solar, microgrids and energy storage projects for businesses, municipalities and schools throughout Oahu, Maui, Big Island, Kauai and more.

Over the next several years, REC Solar's operations experienced a rapid growth trajectory as it continued expanding nationwide and opening more than a dozen offices in six states. In 2011, REC Solar installed nearly five times as many megawatts of solar as it did during its first 10 years.^[4]

In 2014, residential solar provider Sunrun acquired REC Solar's residential division. The sale of its residential division allowed REC Solar to refocus its business on providing commercial solar solutions and services.^[5]

In 2015, Duke Energy, the nation's largest electric utility, announced the acquisition of a majority interest in REC Solar as well as its investment of up to $225 million in commercial solar projects developed by REC Solar and supported by long-term power purchase agreements^[6]. Duke Energy announced its full ownership of REC Solar in 2017. ^[7]

In 2021, REC Solar, Duke Energy Renewables and Duke Energy One formed a new brand, Duke Energy Sustainable Solutions, to provide a more comprehensive approach to sustainability and resiliency. Duke Energy Sustainable Solutions delivered unified and customized clean energy and resilient infrastructure solutions at scale for private and public companies, government-led organizations and educational institutions nationwide.^[8]

In 2023, an investment fund managed by ArcLight Capital Partners, LLC, a middle-market infrastructure investment firm, announced its acquisition of REC Solar. Under ArcLight, REC Solar operates as a standalone solar company^[9]

Today, REC Solar offers a comprehensive end-to-end business model that includes power purchase agreement (PPA) financing for onsite solar and storage solutions. This allows organizations to provide little to no upfront capital and receive long-term operations and maintenance services throughout the contract. As of December 2024, REC Solar's behind-the-meter portfolio includes 675MW solar and storage projects in 29 states.

References

^ Norman, Will (2023-10-05). "Duke Energy sells distributed generation business to ArcLight Capital". PV Tech. Retrieved 2025-03-05.
^ "REC on 15 Years of Moving Solar Into the Mainstream". www.greentechmedia.com. Retrieved 2025-03-03.
^ "REC on 15 Years of Moving Solar Into the Mainstream". www.greentechmedia.com. Retrieved 2025-03-03.
^ "REC on 15 Years of Moving Solar Into the Mainstream". www.greentechmedia.com. Retrieved 2025-03-03.
^ "Sunrun Acquires REC Solar's Residential Division, AEE Solar and SnapNrack". Sunrun Inc. 2014-02-04. Retrieved 2025-03-03.
^ "Duke Energy and REC Solar team to make distributed solar more affordable and accessible to commercial customers". Duke Energy | News Center. 2015. Retrieved 2025-03-03.
^ "Duke Energy Takes Full Ownership of REC Solar, Seeks to Be a 'One-Stop Entity' for C&I Renewables". www.greentechmedia.com. Retrieved 2025-03-03.
^ Pickerel, Kelly (2021-04-27). "Duke combines renewables and REC Solar brands under new Duke Energy Sustainable Solutions name". Solar Power World. Retrieved 2025-03-03.
^ "REC Solar to further accelerate nationwide clean energy transition through partnership with ArcLight". PR Newswire. 2023-10-05. Retrieved 2025-03-03.

[1] Norman, Will (2023-10-05). "Duke Energy sells distributed generation business to ArcLight Capital". PV Tech. Retrieved 2025-03-05.

[2] "REC on 15 Years of Moving Solar Into the Mainstream". www.greentechmedia.com. Retrieved 2025-03-03.

[3] "REC on 15 Years of Moving Solar Into the Mainstream". www.greentechmedia.com. Retrieved 2025-03-03.

[4] "REC on 15 Years of Moving Solar Into the Mainstream". www.greentechmedia.com. Retrieved 2025-03-03.

[5] "Sunrun Acquires REC Solar's Residential Division, AEE Solar and SnapNrack". Sunrun Inc. 2014-02-04. Retrieved 2025-03-03.

[6] "Duke Energy and REC Solar team to make distributed solar more affordable and accessible to commercial customers". Duke Energy | News Center. 2015. Retrieved 2025-03-03.

[7] "Duke Energy Takes Full Ownership of REC Solar, Seeks to Be a 'One-Stop Entity' for C&I Renewables". www.greentechmedia.com. Retrieved 2025-03-03.

[8] Pickerel, Kelly (2021-04-27). "Duke combines renewables and REC Solar brands under new Duke Energy Sustainable Solutions name". Solar Power World. Retrieved 2025-03-03.

[9] "REC Solar to further accelerate nationwide clean energy transition through partnership with ArcLight". PR Newswire. 2023-10-05. Retrieved 2025-03-03.

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