National Solar and Imani Energy Form Alliance for Distributed Generation

National Solar and Imani Energy, Inc. for alliance that leverages National Solar's financing capabilities and Imani Energy's institutional and community networks to increase the adoption of solar in developing markets.

Wilmington, DE, August 15, 2015 --( An alliance to accelerate the adoption of solar in new and underdeveloped distributed generation markets was recently formed between Florida-based, Renewable Energy Developer National Solar and Wilmington Delaware-based, Imani Energy, Inc., a community development focused solar installation and training company.

The companies joined forces recently to help meet the growing demand for clean and cost competitive energy in the Northeastern United States. They are responding to shifts in the thinking of some large organizations, municipalities and communities that are recognizing the favorable economics of solar and its potential to free up resources for other critical needs.

National Solar brings market proven third party financing expertise to the collaboration, which provides a solution for clients who want the economic and community benefits of Solar, but are hard pressed to find money within existing budgets. The Melbourne, Florida-based Company has secured financing commitments from private equity and institutional investors for financing large-scale commercial distributed generation projects.

Imani Energy, formed in 2008, has close to 30 years of community economic development and public private partnership development. The company’s approach to solar installation and training builds upon its community expertise to provide clean energy savings and economic benefits in the form of skills and jobs.

Jeffrey Richardson, Imani Energy, President and CEO stated that “The collaboration with National Solar gives us a large and sophisticated development and financing partner. They understand our commitment to distributed solar power generation that serves the economic, employment and environmental demands of our primary markets.”

National Solar Strategic Advisor, Al Morten, noted: “Imani Energy brings a unique set of skills to the distributed generation business by effectively working across all facets of the development process from community development through commercial operation of the system.”

National Solar’s technical arm and design team is led by Dr. Neway Argaw, founder of Integrated Power Systems, has designed more than 2,500 megawatts of solar projects, including some of the world’s largest operating solar facilities. The company is a recognized global leader in providing the full spectrum of services required for the successful origination and turnkey fulfillment of renewable energy projects.
Imani Energy. Inc.
Jeffrey Richardson