Abundant Energy Solutions (“Abundant”) emerged out of a clear market necessity for a wholesome, turnkey solutions provider in the clean and renewable energy industry. With an executive management team of over 70 years of combined experience, coupled with a strongly defined financial vision, Abundant has establish itself as a trusted developer, engineer, asset operator, and manager in the clean and renewable energy space in Canada and the US.
Canadian Market Expertise
In Canada, Abundant manages over $50 Million dollars of development equity capital with a total developed and completed solar projects of approximately $150 Million dollars. Abundant has the highest success rate in Ontario for securing and delivering solar PV Feed-in Tariff (“FIT”) contracts.
- Approximately 30MW of Assets under Management
- Approximately 40MW of Awarded and under EPC FIT 4 Contracts
- Approximately 100 MW of FIT 5 were awarded in 2017,representing 55% of market share in total small FIT contract capacity
US Market Expertise
Abundant Solar Power Inc. (“ASP”) is a U.S. subsidiary of Abundant Solar Energy Inc. ASP is a full service solar developer with over 73 MW under development in New York and Maryland. ASP focuses on commercial, industrial, and community solar opportunities. In March 2019, four of our Community Solar Projects reached Commercial Operation with a total capacity of 10 MWDC.
With highly competitive levels of industry experience in commercial solar photovoltaic (“PV”) installations, procurement, structural and electrical engineering, international and local business development and strategy, Abundant is equipped to take a solar development idea and turn it into a viable, energy producing entity with healthy financial returns for its investors, property owners, and stakeholders.
Turnkey Solutions Provider
Abundant’s turnkey solutions span from site origination, permitting, financing, engineering, procurement, construction, commissioning, operation and maintenance, and asset management of clean and renewable energy projects (“Projects”) such as Solar PV and Combined Heat & Power (“CHP”).
In total, Abundant currently has over 150 MW of Projects under development and approximately 30 MW of assets under management in North America. We invite you to connect with us to discuss mutually-beneficial opportunities in the renewable energy and energy efficiency fields.
Access to Capital
In collaborating with AI Renewable, a flow-through limited partnership, Abundant has access to low-cost capital financing, allowing it to identify economically-sound projects and execute them with no capital investment from the client*.
to Power Purchase Agreement (“PPA”) terms & conditions.
Richard Lü, MBA
President & CEO, Abundant Energy Solutions
Dr. Lü is the founder of Abundant, and brings over 20 years of global executive level management experience in the energy and technology industries, with a specialized focus on the development of Solar Photovoltaic projects. With an advanced understanding of both financial and tactical strategies, Dr. Lu is currently managing assets in excess of $180 M while continuing to identify new opportunities to develop green energy initiatives locally and internationally.
Previous to forming Abundant, Dr. Lu had held the positions of Managing Director at Sky Solar; Vice President of Business Development at ARISE Technology Corporation; Vice President and CCO at Toronto Hydro Corporation; and senior positions at Enbridge, Husky Injection Molding Systems Ltd., and Dillon Consulting.
Dr. Lü holds a Master of Business Administration and a Master of Health Science degrees from the University of Toronto; a Master of Science and a medical doctor degree from Tongji Medical University. He is also a graduate of the Darden Executive Education Program of the University of Virginia.
Tracy Zheng, MBA
Director of Operations, Abundant Energy Solutions
Ms. Zheng is an accomplished business strategist with over 20 years of management experience in brand marketing, investments, business development and solar project operations management. Ms. Zheng joined the Abundant Solar Energy Inc.’s executive team after several years at Sky Solar Canada where she was responsible for managing sales teams, financial and project viability analysis, and partnership negotiations.
Prior to Sky Solar, she developed a plethora of international business exposure specializing in branding and marketing strategy through senior marketing positions in various companies such as Colgate-Palmolive, Clairol, marketing research and internet companies. She’s proficient in developing marketing plans, strategies, identifying market opportunities and executing field activities. She has successfully led several new product launches, national marketing campaigns, adverting and communication programs.
She holds both a Bachelor of Science in Engineering from Sun Yat-Sen University, and an MBA from York University.
President, Abundant Construction Inc.
Mr. Van Doorn has over 22 years of experience in Engineering, Renewable Energy, and Utility Project Management. As a former president of the Canadian Solar Industries Association (CANSIA), Andrew has expertise in the management of operations and construction for solar photovoltaic systems.
He is a registered Professional Engineer in the province of Ontario. He was an essential part of the construction management team for several solar arrays sized 7 MWAC or greater located in Simcoe, Ontario. Additionally, as President of Abundant Construction, Mr. Van Doorn oversaw the procurement and construction of all four of Abundant’s community solar projects in Rochester, NY.
In addition to his managerial experience, Mr. Van Doorn is the Canadian representative at the yearly Solar heating and cooling – International Energy Agency (IEA) committee meeting which sets the R&D priorities for the entire industry. He is also the founder and past vice-president of the Quebec Solar Industries Association (AQIS), and served as a member of an advisory board for the Federal Government (Natural Resources Canada) representing the Canadian Solar Industry.
VP Business Development, Abundant Solar Power Inc.
Ms. Clark is a tenured business executive with extensive experience in business development, marketing strategy and sales operations. With over 20 years of senior sales and strategic management experience, Ms. Clark has spent the last five years firmly focussed on expanding the green energy sector in the Ontario region. She has a specialized skill set in property acquisitions for commercial solar photovoltaic projects and is actively pursuing expansion throughout North America.
Ms. Clark joined Abundant Solar Energy’s executive team after proven success with Solar Power Network, where she managed partner relations, regulatory and procurement activities. Ms. Clark was on the management team for the roll-out of Wind Mobile, Canada’s leading alternative mobile telephone service provider, as well as launching XM Satellite Radio in Canada. Prior to her foray into these start ups, Ms. Clark was with Rogers Wireless, where she was responsible for National Retail distribution, the Rogers store channel, and the management of partnered retail distribution across the country. Ms. Clark also holds a Bachelor of Arts in Political Science from Acadia.