News

Gravity Renewables Announces First Acquisition in North Carolina

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.


Gravity Renewables Acquires New York Hydroelectric Facility

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


Seasoned Hydro Executive Joins Gravity Renewables Management Team

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


Gravity Renewables Acquires Mill Pond Hydroelectric Plant

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.


NREL Emphasizes Master Planning for Schools

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