Solect Technology Group

About Solect Technology Group

Solect Energy, founded in 2009, operates as a full-service solar photovoltaic (PV) project developer and installer based in Hopkinton, Massachusetts. The company was established by principals including Ken Driscoll, who now serves as the Chief Executive Officer. Driscoll brings over 25 years of experience in high-tech services, with previous senior management roles at Digital, Compaq, and Hewlett-Packard.

The firm serves the commercial, public, and nonprofit sectors within New England, specializing in reducing energy costs for its clients. Solect Energy's business model is centered around the development, installation, and ongoing support of solar energy systems. They offer tailored solutions that include solar system design and engineering, installation, financing guidance, and maintenance services. Revenue is generated through these services and various financing options such as direct ownership, leasing, and Power Purchase Agreements (PPAs). Through a PPA, Solect develops, owns, and manages a solar system at a client's site for a typical term of 25 years, selling the generated solar energy back to the client at a fixed rate.

Solect Energy's core offerings encompass the design and installation of rooftop, canopy, and ground-mounted solar PV systems. Beyond installation, the company provides comprehensive operations and maintenance (O&M) services, including production monitoring, corrective maintenance, and incentive management, to optimize the performance and return on investment of the renewable energy assets. The firm also develops and installs battery energy storage solutions and EV charging station infrastructure for commercial properties. Now a wholly owned subsidiary of Pattern Energy, Solect has access to broader financing options for significant projects. The company has completed over 910 projects, installing more than 185 MW of solar energy.