About Us
Renewable Energy International LLC (“REI”) was founded in December 2006 by Jeff Potter. Originally, the company was focused on renewable energy projects in Europe, predominantly wind and solar. REI’s current business model is aimed at the development and construction of a large portfolio of ground-mounted utility scale solar PV projects in the US Northeast and Southeast. The Company already has a large portfolio of sites in Massachusetts, Maine and South Carolina despite the fact that the company only started US operations in January 2017.
REI plans to create a geographically diversified portfolio in the US. The parameters used to select the states for development are total build-out, capacity factor, regulatory support and power pricing. Massachusetts was the first state chosen, not because of a high capacity factor, but because of its build-out rate, power prices and very strong support system put in place by its Democratic legislature and Republic governor. For each state, individual sites will be selected by their proximity to an interconnection option and potential size in MWs, the latter to benefit from economies of scale.
Our Mission
REI takes great pride in doing what it takes to help heal and protect the environment.
Our mission is to realize renewable energy projects that can eventually replace power plants that produce electricity from burning fossil fuels. REI is an investment vehicle for like-minded individuals who are also interested in combating global warming now through cleantech investments. We also want to combat global warming and come up with solutions to deal with the effects of climate change.
In order to accomplish our mission we have devised a strategy that will focus on very concrete and visible steps to develop and construct a portfolio of renewable energy assets. Solar is our main objective but other renewable energy sources will also be assessed. Aside from offering our expertise to the communities we serve, REI’s team forges relationships with local officials, landowners, and other stakeholders and takes pride in it’s holistic approach to projects.
