EarthKind Energy has announced that it has sold its solar products division so that it can concentrate on its quickly expanding solar-project development business.
A renewable energy company founded in 2007, EarthKind will now focus on identifying projects, securing government incentives and structuring project management and financing, according to Ron Kamen, chairman of EarthKind and president of the NY Solar Energy Industries Association.
With the restructuring, Kamen and Linda Curtis, EarthKind”™s president, acquired the outstanding shares of EarthKind stock, securing 100 percent ownership and relocating to Rhinebeck.
“We had established a solar thermal products division with associated branch offices in Kingston, but now sold that off and returned all operations to our corporate HQ in Rhinebeck,” Kamen said.
Douglas Polley, the former president and CEO of EarthKind, will support the company in an advisory role. Polley helped lead EarthKind”™s transitioning from a solar hot-water products distributor to a solar PV and solar thermal project developer.
Kamen and Curtis also own Starphire New Energy Technologies, a renewable energy wholesale and consulting firm. Starphire markets the EarthKind Wind, EarthKind Hydro and EarthKind Biomass renewable energy brands to customers including NYSEG Solutions/Energetix, the NYS Office of General Services, the NY Power Authority, SUNY at Buffalo and other public and private clients.
Kamen, in a statement, said that the partnership between EarthKind and Starphire creates a “unique business synergy that offers clients in the marketplace a powerful ally to lead them from start to finish on cleaning their energy supply, whether from development of on-site renewable energy projects or via the purchase of ”˜green power”™ through the grid.”
