The Dominion Resources GreenTech Incubator in Hanover County has produced its first graduate, Eastlight Renewable Ventures.
Eastlight, founded in 2009, joined the incubator in April 2010. The company develops, finances, owns and operates commercial-scale, solar energy projects. Eastlight works with Fortune 500 companies, educational institutions, municipalities, and sports and entertainment venues.
Company projects that have been completed or are now under construction will produce 4 megawatts of power. Eastlight’s clients include Johns Hopkins University, SunTrust Bank, Boeing and Merck.
The Dominion Resources GreenTech Incubator provides member companies with an office facility on I-95, assistance with strategy and business planning, access to Dominion Resources expertise, advice from business advisory boards, access to discounted professional services and introductions to sources of grant and investment capital.
As the companies grow, they are expected to move to nearby locations in Hanover County.
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