Small Hydro Offers Predictable, Reliable, Low Cost Power Albany, N.Y. — Gravity Renewables, an owner and operator of renewable energy projects across the country, has secured the first 10 million kilowatt hours per year in small hydro agreements through its partnership with the Municipal Gas and Electric Alliance (MEGA).
Category Archives: News
Skidmore College Makes Renewable Energy Commitment with Local Small Hydro Power
First-of-Its-Kind Agreement with Gravity Renewables Will Provide College Reliable, Predictable Low-Cost Energy for Decades Saratoga Springs, N.Y. — Skidmore College and Gravity Renewables have established a first-of-its-kind agreement that will enable the College to meet 18 percent of its energy needs with the power generated at the historic Chittenden Falls Hydroelectric Facility in Columbia County. The new agreement will significantly reduce[…] Read the Article
Gravity Renewables Acquires the Comtu Falls Hydroelectric Project
Gravity’s First Vermont Hydroelectric Facility Generates 2.5 Million Kilowatt Hours/Year Springfield, VT – Gravity Renewables, an owner and operator of renewable energy projects across the country, has completed its acquisition of the Comtu Falls Hydroelectric Project located on the Black River in Springfield, Vermont.
Gravity Renewables Named “Colorado Company to Watch”
Gravity Renewables, Inc. announced that it has been named a 2014 Colorado Company to Watch, acknowledging the investor-backed owner, operator and developer of small hydro projects as a growing company in Colorado.
Gravity Renewables Names JR Shaw as Chairman of the Board
Boulder, CO – Gravity Renewables, Inc., an investor-backed owner, operator, and developer of small hydroelectric power plants in the United States, today named JR Shaw, Founder and Executive Chair of Shaw Communications Inc., as Chairman of the Board.
Gravity Renewables Announces Addition of Rhode Island Hydroelectric Facility
Gravity Renewables completed its acquisition of Pawtucket No. 2 Hydroelectric Facility, which is housed in the historic Bridge Mill Power Plant on the Blackstone River. The site first generated electricity in 1896 and served as the main source of power for Pawtucket as well as neighboring Woonsocket. In 1983, the Bridge Mill Power Plant was[…] Read the Article
New York Municipal Buyers Group Selects Gravity Renewables as Hydro Provider
Gravity Renewables, Inc. has been chosen to be the preferred provider of power generated by small hydro plants to a leading consortium of New York municipalities and counties.
Gravity Renewables Announces First Acquisition in North Carolina
Gravity Renewables completed its acquisition of Haw River Hydro Co., the owner of the Saxapahaw hydroelectric facility in North Carolina. The plant is located on the Haw River and currently generates enough electricity to power 592 homes for a year.
Gravity Renewables Acquires New York Hydroelectric Facility
Columbia County, NY – Gravity Renewables completed its acquisition of Chittenden Falls Hydropower Inc., the owner of the Chittenden Falls Hydro Project in Columbia County, New York, the company announced. The facility currently produces roughly 2,600,000 kilowatt hours each year, enough to power 275 homes. Financial terms of the transaction were not disclosed. “Chittenden is[…] Read the Article
Seasoned Hydro Executive Joins Gravity Renewables Management Team
Boulder, CO – Gravity Renewables announced that Jim Fulmer has joined Gravity Renewables as the Senior Vice President of Operations. Fulmer left a senior management position at Enel Green Power North America, the U.S. renewable energy subsidiary of European utility Enel, named the 52nd largest company in the world by CNN Money in 2012. Fulmer oversaw operations[…] Read the Article