An Integrated Renewable Energy Corporation

Convalt Energy, Inc. is a portfolio company of ACO Investment Group. Our team of over 200 employees is diversified across various regions and generation resources. Our renewed focus on power generation, transmission, and solar manufacturing development in the United States is gearing us towards becoming a global independent renewable power company.

Founded in 2011, via its predecessor Convalt Energy, LLC, Convalt began as a developer of renewable power in the challenging frontier markets of Southeast Asia and Africa. Over the years, we became one of the few companies to execute bankable power purchase agreements in these extremely difficult markets because of our notable achievements.

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In 2023, we will open the doors to one of the largest solar panel manufacturing plants in the United States. After SunPower Corporation closed its manufacturing facility in Hillsboro, Oregon, we purchased their manufacturing lines to keep production in America.

We have relocated the facility to our headquarters in Watertown, New York.

By December 2024, we expect to open America’s only ingot wafer and cell production facility, totaling four gigawatts (4 GW) of production per year.

Company History

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    2012
    Project development starts in Vietnam and Myanmar
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    2013
    Memorandum of Understanding signed with Mandalay Region Government for 300 MW solar project in Myanmar
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    2016
    Power Purchase Agreement signed with MOE in Myanmar (March)
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    2017
    Agreement with Ministry of Planning and Investment in Lao for 250 MW solar in Attapeu Province (August)
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    2018
    Memorandum of Understanding signed with MOE in Sierra Leone for rural electrification (August)
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    2020
    Acquisition of Indian distressed waste-to-power plant (June)
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    2021
    Convalt pivots focus to projects in U.S. (January)
    2021
    Acquisition of SunPower's Oregon manufacturing lines (April)
    2021
    Development for 900 MW manufacturing plant in Watertown starts (June)
    2021
    Lincoln Infrastructure acquires construction project in New York (October)
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    2022
    Development for Watertown Airport Solar project begins (January)
    2022
    Development for Sourwine Farms Solar project begins (February)
    2022
    Development for Maine Energy Corridor project for 3 GW solar and 3 GW HVDC transmission line begins (March)
    2022
    Groundbreaking for 900 MW solar module manufacturing plant in Jefferson County, New York (October)
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    2023
    900 MW solar module factory expected to go live (April)
  • timeline-img-3

    2012

    Project development starts in Vietnam and Myanmar
  • Memorandum of Understanding signed with Mandalay Region Government for 300 MW solar project in Myanmar

    2013

    timeline-img-3
  • timeline-img-3

    2016

    Power Purchase Agreement signed with MOE in Myanmar (March)
  • Agreement with Ministry of Planning and Investment in Lao for 250 MW solar in Attapeu Province (August)

    2017

    timeline-img-3
  • timeline-img-3

    2018

    Memorandum of Understanding signed with MOE in Sierra Leone for rural electrification (August)
  • Acquisition of Indian distressed waste-to-power plant (June)

    2020

    timeline-img-3
  • timeline-img-1

    2021

    Convalt pivots focus to projects in U.S. (January)

    2021

    Acquisition of SunPower's Oregon manufacturing lines (April)

    2021

    Development for 900MW manufacturing Plant in Watertown starts (June)

    2021

    Lincoln Infrastructure acquires construction project in New York (October)
  • 2022

    Development for Watertown Airport Solar project begins (January)

    2022

    Development for Sourwine Farms Solar project begins (February)

    2022

    Development for Maine Energy Corridor project for 3 GW solar and 3 GW HVDC transmission line begins (March)

    2022

    Groundbreaking for 900 MW solar module manufacturing plant in Jefferson County, New York (October)
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  • timeline-img-3

    2023

    900 MW solar module factory expected to go live (July)

Management

Our management team has extensive hands-on experience with over 100 years of collective experience in renewable power development, construction, and logistics.

Our teams are located across the United States, Sweden, Europe and Africa.

Intellectual Property

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Make Earth
Cool AgainTM

A convalt energy initiative

We are committed to taking care of our Earth for future generations by:

  • Providing renewable power generation
  • Manufacturing American-made solar panels
  • Building the next-generation supergrid across America
  • Establishing solar-charged charging stations for Electric Vehicles (EV)
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Make Solar
American AgainTM

A convalt energy initiative

We are bringing back all aspects of solar manufacturing to America:

  • We won’t rest until we bring the entire supply chain back to America
  • Acquiring Sunpower’s production lines to lay the foundation
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Construct with Capital and Conscience©

A convalt energy initiative

We are bringing back all aspects of solar manufacturing to America:

  • We believe in building for sustainability and balancing capitalism with conscience.
  • Establishing one of America’s largest ingot wafer cell and module factories by June 2024