Nelnet Renewable Energy to discontinue residential solar operations

Nelnet Renewable Energy announced a strategic shift in its solar engineering, procurement, and construction operations to focus exclusively on the commercial solar market. This decision underscores the company’s commitment to leveraging its technical and project management strengths in a market that has shown robust growth potential and aligns with its long-term vision for sustainability, operational excellence, profitability, and energy innovation. “Nelnet is committed to being an industry leading commercial solar EPC contractor and consultant with resources, knowledge, and people to deliver high quality projects and solutions for our customers,” said Jim Kruger, Nelnet CFO. In the face of challenging regulatory and economic conditions within the residential solar market and after careful deliberation, Nelnet Renewable Energy has made the difficult decision to discontinue its residential solar operations. Nelnet Renewable Energy will honor its existing warranty and contractual obligations for residential projects installed to date and will proactively communicate with customers and other relevant stakeholders about available service and support. Nelnet Renewable Energy will strive to make the transition as seamless as possible.