April 25, 2014
Gravity Renewables completed its acquisition of Pawtucket No. 2 Hydroelectric Facility, which is housed in the historic Bridge Mill Power Plant on the Blackstone River. The site first generated electricity in 1896 and served as the main source of power for Pawtucket as well as neighboring Woonsocket. In 1983, the Bridge Mill Power Plant was[…] Read the Article
February 19, 2014
Gravity Renewables, Inc. has been chosen to be the preferred provider of power generated by small hydro plants to a leading consortium of New York municipalities and counties.
December 16, 2013
Gravity Renewables completed its acquisition of Haw River Hydro Co., the owner of the Saxapahaw hydroelectric facility in North Carolina. The plant is located on the Haw River and currently generates enough electricity to power 592 homes for a year.
August 19, 2013
Columbia County, NY – Gravity Renewables completed its acquisition of Chittenden Falls Hydropower Inc., the owner of the Chittenden Falls Hydro Project in Columbia County, New York, the company announced. The facility currently produces roughly 2,600,000 kilowatt hours each year, enough to power 275 homes. Financial terms of the transaction were not disclosed. “Chittenden is[…] Read the Article
July 7, 2013
Boulder, CO – Gravity Renewables announced that Jim Fulmer has joined Gravity Renewables as the Senior Vice President of Operations. Fulmer left a senior management position at Enel Green Power North America, the U.S. renewable energy subsidiary of European utility Enel, named the 52nd largest company in the world by CNN Money in 2012. Fulmer oversaw operations[…] Read the Article
March 17, 2013
Gravity Renewables completed its acquisition of Rivers Electric Company, Inc., the owner of the Mill Pond Hydroelectric Plant in central New York. The facility currently produces roughly 2,800,000 kilowatt hours each year, enough to power 296 homes.
December 5, 2011
The National Renewable Energy Laboratory (NREL) published a report recently describing the finance landscape for public school systems in California. We at Gravity found the report’s discussion of master planning particularly exciting, since we believe this is the most effective way for end-users to approach on-site renewables. Here’s a section in which the report’s authors[…] Read the Article