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Tim Ahrens Appointed Senior Vice President of Development at New Energy Equity

by Krystal

ANNAPOLIS, Md., Feb. 27, 2024 /PRNewswire/ — New Energy Equity, a national developer and financier specializing in community and commercial solar projects, has welcomed Tim Ahrens as its new Senior Vice President of Development. In his role, Ahrens will spearhead strategic development initiatives, overseeing aspects such as land acquisition, interconnection, and permitting.

Ahrens brings over 25 years of experience to his new position, with a significant portion of his career—13 years—dedicated to the development of wind and solar projects. In his previous role, he successfully built and led the development efforts for community solar projects across seven states. Before venturing into renewable energy projects, Ahrens worked as a consultant on utility-scale wind projects, contributing to resource and energy assessment campaigns across the nation.

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As Senior Vice President of Development at New Energy, Ahrens will play a pivotal role in leading and coordinating efforts to ensure all projects adhere to best-in-class development practices. Leveraging his extensive market intelligence and insight, he is expected to contribute to the continued success and growth of New Energy.

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Dean Eastlake, Chief Operations Officer at New Energy, expressed confidence in Ahrens’ ability, stating, “Tim’s outstanding leadership and history of success with distributed generation and community solar allow him to have an immediate impact stepping into this new role. Along with his depth of experience in the solar industry, Tim brings a robust network and resources that will allow New Energy to expand our development capabilities and accelerate growth.”

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Commenting on his new role, Ahrens said, “New Energy is a well-established, respected full-service developer and project owner within the industry. To build upon the strong existing foundation and strategically lead the deployment of renewables with a team of this caliber presents a tremendous opportunity.”

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New Energy Equity LLC, a wholly owned subsidiary of ALLETE (NYSE: ALE), specializes in developing, financing, operating, and managing solar power generation assets. The company provides clean electricity to commercial, industrial, municipal, and utility customers under long-term contracts. With a track record of successfully developing over 500MW of solar projects and closing more than $1.2 billion in clean energy investments, New Energy Equity continues to play a significant role in advancing sustainable energy solutions.

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