New Markets Project Developer, DG Capacity
New Leaf Energy, Inc., Boston, Massachusetts +5
Overview
New Leaf Energy is an experienced clean energy developer that partners with landowners, policymakers, and other stakeholders to accelerate the transition to a world powered by renewable energy. We identify high-value sites, work with landowners and local communities to develop them, and partner with long-term asset owners to bring the most impactful clean energy projects to life.
New Leaf Energy's DG Capacity business, a new segment of the development business, develops distribution-connected standalone storage and solar-plus-storage projects to meet persistent capacity shortfalls driven by large loads such as data centers. Rather than relying on retail programs and tariffs paid for by ratepayers, DG Capacity portfolios will be aggregated, accredited, and sold into wholesale energy and capacity markets, and compensated directly or indirectly by large loads. The initial focus is PJM, where the need for capacity is most acute.
The DG Capacity team is small, senior, and cross-disciplinary, spanning grid solutions, interconnection and market participation, project sales and finance, and project development. It works closely with New Leaf's Regional Teams, the Utility-Scale team, and the Policy and Business Development team. The team is also architecting one of New Leaf Energy's DG development platforms of the future; the processes, tools, and product standards it builds are intended for adoption across markets as persistent capacity shortfalls emerge in other RTOs.