Finding the right partner to help you navigate your commercial solar options and goals is an important decision. Our team at Genie Solar Energy is committed to being a trusted partner, guide, and advisor through your journey to clean, renewable, solar energy.
We are Energy Consultants First
Genie Solar Energy is more than just a solar energy system provider; we are a commercial energy advisory firm helping clients to improve their bottom lines. Before we scope or design any projects. We first need to understand your business and your specific goals. Business look to solar for many reasons:
- Financial stability and predictability
- Energy reliance
- Expense reduction
- Sustainability
- Promotion and positioning
We can advise and help align your business goals to your renewable energy vision.
We Design for Success
Once we understand your goals and vision, Genie Solar’s engineers and energy experts design a system that is specifically customed to your needs. Our approach to solar is not “one size fits all” – we consider everything when we design your solar project:
- What is the size of your roof?
- Do you have parking spaces or a lot that can be covered with solar panels?
What other unique building features can be turned into power generating assets? - Is there energy-generating opportunities in your land or brownfields?
- Could your employees, transportation fleet, or customers benefit from electric vehicle chargers?
We Design for Success
Once we understand your goals and vision, Genie Solar’s engineers and energy experts design a system that is specifically customed to your needs. Our approach to solar is not “one size fits all” – we consider everything when we design your solar project:
What is the size of your roof?
Do you have parking spaces or a lot that can be covered with solar panels?
What other unique building features can be turned into power generating assets?
Is there energy-generating opportunities in your land or brownfields?
Commercial and Industrial Focused
Genie Solar is an expert in commercial energy cost mitigation with a multi-disciplined and experienced staff to help build sustainable and energy resilient facilities for our clients. By focusing only on commercial and industrial installations, centering our resources on providing efficient, effective, and affordable custom solutions, we help businesses take control away from Big Energy and take control of their energy needs.
Unique Positioning:
Genie Solar is part of Genie Energy (NYSE: GNE), a global energy solutions company who supplies customers with electricity in the US and Europe. This means we can help you plan your entire energy strategy. We see your big picture, not just how to put a solar power system on your company’s roof. With our relationship as a sister company to Prism Solar Technologies, another company under Genie Energy’s umbrella, we have access to experts in manufacturing and engineering. We understand the energy business.
About the Company
Genie Solar Energy is a leading commercial solar company with two decade of experience in the energy industry. We pride ourselves on our personal relationships and long-term commitment to our clients. Our extensive experience and financial stability makes us the ideal partner for your solar needs.
With an extensive history in the energy industry and a balance sheet that shows we can support our customers into the future, business owners and corporate decision makers can be assured that we will be their solar partner for the long term. As of 2020, Genie Energy’s market cap sits at $141 million, with $34 million in cash assets and $400 million in revenue in 2020.
Genie Solar Energy is a fully owned subsidiary of Genie Energy Ltd (NYSE:GNE). Genie Energy was founded in 2004 under IDT Energy and spun off from its parent company (NYSE:IDT) in 2011.
Leadership
Genie Energy’s management experience extends far beyond the solar project – from exploration and procurement to batteries and optimization across all energy sources. Genie Energy has several brands serving commercial and industrial customers and can help develop a complete energy strategy for your business for today and into the future. Our multi-disciplined and experienced staff help build sustainable and energy resilient facilities for our clients.
In the changing world of energy, we’re your business’s stable point. You have your business to run. We can give you the power to run it.
Michael Stein – Chief Executive Officer of Genie Energy
Michael Stein has served as CEO of Genie Energy since 2017 and CEO of Genie Retail Energy since 2015. Along with the General Manager, he was responsible for starting the Solar division within Genie Energy.
From July 2012 to January 2014, Mr. Stein was Senior Vice President of Business Development of IDT Telecom. From June 2007 to January 2009, Mr. Stein was an analyst at Belstar Investment Management.
Mr. Stein has also served as communal leader at the Riverdale Jewish Center in the Bronx, NY. He is also a trustee of the Etzion Foundation and of the Organization for the Resolution of Agunot.
Avi Goldin – Chief Financial Officer
Avi Goldin has served as Chief Financial Officer of Genie since August 2011, coming from his position as Vice President of Corporate Development of IDT Corporation from 2009 to 2011.
Prior to joining IDT, Mr. Goldin served as an Investment Analyst at Dreman Value Management, a $7 billion asset management firm and an Associate in the Satellite Communications group at Morgan Stanley & Co.
Mr. Goldin holds an MBA from the Stern School of Business of New York University, a B.A. in Finance from the Syms School of Business of Yeshiva University and is a Chartered Financial Analyst (CFA).
Sara Schwandt – Managing Director
Sara Schwandt has served as the Managing Director of Genie Solar Energy since 2019, soon after its inception. Prior to that she served as the Managing Director of Diversegy – another Genie Energy company.
Bill Schmitz – General Manager
Bill Schmitz worked with Genie Energy (NYSE:GNE) to establish and develop Genie Solar in 2016. As the General Manager, Bill leads the team in engineering, project management, supply chain reliance, vendor management, and product development. He strategically guides and assists our staff in creating and designing energy systems that support our commercial solar clients’ needs.
Prior to joining Genie Solar Energy, Bill was the CEO of Arista Power, where he led the company in its transformation from a one-product small wind energy company into a company that offered a full suite of power management products serving a wide variety of applications, including custom-designed power management systems, renewable energy storage systems, and wind turbines. The company developed and sold micro-grids and Mobile Power Stations used in military, off-grid locations, and other applications around the world.
Prior to Arista Power, Bill served as Chief Operating Officer of Ultralife Corporation, a designer and manufacturer of power and communications systems worldwide. His career there started as the VP of Manufacturing, with his primary responsibilities making and delivering Primary Batteries where customer’s quality and cost expectations were met. That evolved into building international plants and relationships to establish a global supply chain. Through a new product introduction process, he led his team to introduce 20-30 new battery designs for both commercial and military.
As the Director of New Product Development for Bausch & Lomb’s Global Eyewear business, which included the Ray-Ban brand, he brought new style and designs to the market.
