Novel Energy Solutions

Novel Energy Solutions

Designs, constructs, and operates solar projects

Overview

Novel Energy Solutions designs, builds, and runs solar energy projects to generate electricity. It offers a range of energy-related products and services, from financing and design to installation and ongoing maintenance. The company works with a broad set of customers, including government agencies, businesses, farmers and landowners, households, and non-profits, providing customized solar solutions and related services. Its approach combines project development, construction, operation, and financing to deliver reliable clean power that fits each customer’s needs. Distinguishing factors include its end-to-end service model, focus on environmental stewardship, community care, and ability to tailor solutions for diverse customers. The goal is to provide sustainable, affordable electricity by expanding access to solar energy and helping customers manage their energy needs now and in the future.

About Novel Energy Solutions

Simplify's Rating
Why Novel Energy Solutions is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Consulting

Industrial & Manufacturing

Energy

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Auckland, New Zealand

Founded

2019

Simplify Jobs

Simplify's Take

What believers are saying

  • SunRocket Capital funded five projects totaling $28.8 million across states.
  • Catalina Energy Capital facilitated $130 million corporate raise.
  • Hansen multi-year agreement enables business expansion via Community Solar Solution.

What critics are saying

  • SunRocket funds only five projects at $28.8 million, limiting scalability.
  • Overconcentration in Maine and Minnesota exposes to REC policy rollbacks.
  • Hansen agreement locks into single vendor, risking inferior tech upgrades.

What makes Novel Energy Solutions unique

  • Novel Energy Solutions leads Minnesota solar for businesses and municipalities.
  • Deploys community solar projects in Maine and Minnesota with SunRocket Capital.
  • Partners with Hansen Technologies for branded customer acquisition portal.

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Company News

Join Solar
Jun 6th, 2025
Celebrating Earth Day in Northfield with Join Solar

Join Solar and Novel Energy Solutions sponsored Northfield's 16th Annual Earth Day Celebration.

Benzinga
Apr 4th, 2025
Sunrocket Capital And Novel Energy Solutions Strengthen Partnership With New Project Financing

MIAMI, April 04, 2025 (GLOBE NEWSWIRE) -- SunRocket Capital, a structured finance partner to solar developers, is pleased to announce the closing of financing for a ground-mount community solar installation in Sidney, Maine (ME) with Novel Energy Solutions. The 1.93 MW (DC) project is in development and has qualified for Renewable Energy Credits (REC's) and is the fifth Novel Energy Solutions project that SunRocket Capital has funded within the last several months. "It is our mission to understand the needs of our client developers and to assure them that they have a financial partner that will close their construction to permanent loan needs," said Derek Gabriel Sr., Head of Originations at SunRocket Capital. "We see Novel Energy Solutions as great partners and will always work diligently to meet the goals of our clients." The previous projects funded by SunRocket Capital for Novel Energy Solutions included four solar projects that are currently in various stages of development across Maine and Minnesota. With the fifth project in Sidney, ME, a combined total of over $28.8 million in funding has been deployed for Novel Energy Solutions community solar portfolio by the SunRocket Capital team. The financing for these projects will provide critical support as they transition from construction to operational status

List Solar
Dec 3rd, 2024
Catalina Energy Capital Launches with First Three Deals

The deals include advising SolarStone Ltd on a 500 MW solar and storage portfolio sale, facilitating a $130 million corporate raise for Novel Energy Solutions, and successfully executing a seven-figure equity and debt raise for Solar Collective.

NewsBreak
Nov 12th, 2024
SunRocket Capital Closes $5.5 Million in Financing for a 1.35 MW Community Solar Project in Northeast

MIAMI, FL, UNITED STATES, November 12, 2024 /EINPresswire.com/ - SunRocket Capital, a structured finance partner to solar developers, is pleased to announce the closing of financing for a ground-mount community solar installation in Parkman, ME with Novel Energy Solutions.

Business Wire
Sep 13th, 2022
Hansen Enables Business Expansion For Novel Energy Solutions

MELBOURNE, Australia--(BUSINESS WIRE)--Hansen Technologies (ASX:HSN) is pleased to announce a new multi-year agreement with Novel Energy Solutions, Minnesota’s leading solar energy provider for businesses, municipalities, non-profit organisations and farmers. Under the terms of the agreement, Novel Energy Solutions will be able to leverage all the benefits of Hansen’s Community Solar Solution. This entails a Novel-branded customer acquisition portal, customer & utility transaction management, dashboards and reporting suite

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