Overview

Norwich Technologies is a regional developer, installer, purchaser, and owner of solar projects and solar technology. Located in White River Junction, Vermont, Norwich has installed over 30 megawatts (DC) of solar capacity, leading to over 600 million tons of CO2 avoided from reduced burning of fossil fuels. Norwich has been voted among the best places to work in Vermont for the 2nd consecutive year and is the recipient of multiple grants from the U.S. Department of Energy (DOE) for emerging solar technology providers.

Impact Thesis

Norwich Technologies’ financial and environmental goals are directly aligned. As Norwich develops and builds additional projects, growing the company’s revenues, greenhouse gas emission reductions will continue to grow. At the time of investment, Norwich management committed to make commercially reasonable efforts to create living-wage jobs in the low-income census tract of White River Junction and has succeeded in increasing headcount by 38% with the creation of 10 new jobs. Norwich is committed to sharing its commercial success with the local community in Vermont. Norwich contributes a significant portion of its solar credits from Vermont projects toward organizations that support low-income communities.