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New Energy Equity

New Energy Equity

Annapolis, Maryland
Year Founded: 2013
newenergyequity.com
Total Kilowatts Installed Since Founded: 648,900
Number of Employees: 147

Rank: 54

New Energy Equity, a whole-owned subsidiary of ALLETE, develops, builds and owns solar projects designed to generate reliable energy and lasting economic value for all. New Energy Equity has developed over 600 megawatts of solar projects across 16 states.

★ 2026 Top Solar Contractors
#54
Overall Rank · 2026 List
No. 54 Solar Contractor in the United States
Solar kW · 2025
85,831
solar kilowatts installed
Primary Service
Developer
C&I
6,621
kW
Community
79,210
kW

2025 Solar Installations by State & Territory

State / Territory kW Installed 2025
New York 25,612 View state list →
Minnesota 24,544 View state list →
Virginia 20,175 View state list →
Illinois 15,500 View state list →
← Back to 2026 Top Solar Contractors
Prior Prior
Lists
2012 – 2025
2025
Rank #64  ·  2025 List  ·  2024 Installation Data
C&I | CS · Developer
72,901
2024 Installation Data
View 2024 Installation Data by State
Illinois 43,189
Minnesota 19,692
New York 7,338
Virginia 2,680
View 2025 contractor list →
2024
Rank #83  ·  2024 List  ·  2023 Installation Data
Community Solar · Developer
41,992
2023 Installation Data
View 2023 Installation Data by State
Minnesota 19,182
Illinois 18,600
Florida 2,497
New Jersey 750
Maryland 594
California 368
View 2024 contractor list →
2023
Rank #95  ·  2023 List  ·  2022 Installation Data
Community Solar · Developer
26,181
2022 Installation Data
View 2022 Installation Data by State
Minnesota 16,290
Illinois 7,827
New Jersey 1,334
Wisconsin 400
Maryland 330
View 2023 contractor list →
2021
Rank #55  ·  2021 List  ·  2020 Installation Data
C&I · Developer
65,246
2020 Installation Data
View 2020 Installation Data by State
Minnesota 34,225
Illinois 25,936
Maryland 1,433
New Jersey 1,141
Ohio 789
Pennsylvania 780
Michigan 646
Connecticut 292
View 2021 contractor list →
2019
Rank #36  ·  2019 List  ·  2018 Installation Data
Commercial · Developer
59
2018 Installation Data
View 2018 Installation Data by State
Minnesota 58,321
Vermont 850
New Hampshire 134
View 2019 contractor list →
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  • Home
  • Top Solar Contractors
  • Articles
    • Most Recent Posts
    • News
      • Latest News Items
      • SPW State News Hub
      • IRA/OBBBA coverage
      • Solar tariffs
      • U.S. manufacturing updates
    • Featured
      • Latest Feature Stories
      • Benchmarking U.S. Solar Manufacturing
      • SPW’s Rising Stars
      • Trends in Solar
      • The Solar Explorer
  • Policy
    • Latest policy headlines
    • IRA/OBBBA Coverage
    • Tariffs and Court Cases
  • Markets
    • Residential
    • Commercial
    • Community Solar
    • Utility
    • Storage
  • Products
    • 2026 Top Products application
    • Winners of SPW’s 2025 Top Products
    • Batteries and Storage
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    • Inverters
      • U.S. solar inverter manufacturers
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      • U.S. solar panel manufacturers
  • Resources
    • About SPW
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