GOLD2022

AMERICAN COUNCIL ON RENEWABLE ENERGY

The American Council on Renewable Energy (ACORE) unites business, policy and technology to accelerate the transition to a renewable energy economy.

aka ACORE   |   Washington, DC   |  www.acore.org

Mission

Founded in 2001, ACORE is a 501 (c)(3) national non-profit organization that unites finance, policy and technology to accelerate the transition to a renewable energy economy.
We are the focal point for collaborative advocacy across the renewable energy sector, supported by hundreds of members spanning renewable energy technologies and constituencies, including developers, manufacturers, top financial institutions, major corporate renewable energy buyers, grid technology providers, utilities, professional service firms, colleges & universities, government agencies and allied non-profit groups.

Ruling year info

2002

President & Chief Executive Officer

Mr. Gregory Wetstone

Main address

1150 Connecticut Avenue, NW Suite 401

Washington, DC 20036 USA

Show more contact info

EIN

52-2353661

NTEE code info

Energy Resources Conservation and Development (C35)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Sign in or create an account to view Form(s) 990 for 2019, 2018 and 2017.
Register now

Communication

Blog

Programs and results

What we aim to solve

This profile needs more info.

If it is your nonprofit, add a problem overview.

Login and update

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

$1T 2030: The American Renewable Investment Goal

On June 19, 2018, ACORE launched a new campaign that aims to reach $1 trillion in U.S. private sector investment in renewable energy and enabling grid technologies by 2030. $1T 2030 is promoted in conjunction with the Partnership for Renewable Energy Finance (PREF), a senior-level ACORE member program widely regarded as the nation’s most credible educational resource on renewable energy finance. The campaign leverages the network of ACORE members and supporters, highlighting common-sense policy reforms and market drivers that can help us reach this ambitious goal. Given the current schedule for phase-out of key tax incentives, most analysts expect the recent booming pace of renewable investment to decline in the early 2020s. But if we adopt the policies to promote renewable energy growth promoted in this campaign, America can build on its impressive track record and stay within striking distance of U.S. commitments for greenhouse gas emissions reductions.

Population(s) Served

Launched in December 2020, ACORE’s Accelerate Membership program is designed to support the successful growth of early-stage renewable energy companies owned and operated by women and Black, Indigenous and People of Color (BIPOC). The program includes a complimentary two-year ACORE membership, registration for ACORE signature events, pro-bono legal/advisory services, external industry event registrations and access to exclusive networking events with potential funders, developers, and ACORE members and partners, among other benefits.

Population(s) Served
Indigenous peoples
Multiracial people
People of African descent
People of Asian descent
People of Latin American descent

Launched in partnership with Climate Nexus and in collaboration with American Clean Power Association, this campaign connects key decision makers with clean energy workers in their communities. The campaign runs digital ads and op-eds in local media outlets and hosts virtual and in-person events in five key states.

Population(s) Served

Growing interest in sustainable investment represents a significant opportunity to direct new pools of capital into the renewable energy sector. However, methodologies for Environmental, Social and Governance (ESG) scoring – an important metric many investors use to identify sustainable companies to invest in – often do not reflect the true value of renewable energy use and investment. ACORE works with its members via the ESG Working Group to increase standardization, transparency and use of material indicators in ESG disclosure and scoring processes through specific recommendations and outreach to the ESG community.

Population(s) Served

ACORE’s PRIME program focuses on legislative and regulatory pathways to promote renewable sector growth and expand the renewable energy marketplace by strategically engaging with Congress, the Executive Branch, the Federal Energy Regulatory Commission (FERC), power markets, and states through briefings, formal comments, analyses, and direct outreach.

Population(s) Served

ACORE’s PREF program is the nation’s most important and credible resource on the range of issues relevant to renewable energy finance. The program’s in-depth reports and rigorous analyses provide important insight to federal and state officials concerning market developments, sector finance trends and the impacts of key renewable energy policies.

Population(s) Served

The Macro Grid Initiative, a joint effort of the American Council on Renewable Energy and Americans for a Clean Energy Grid, seeks to expand and upgrade the nation’s transmission network to better connect the regions with the nation’s best renewable energy resources to the areas of greatest electricity demand. The 15 states between the Rockies and the Mississippi River account for 88 percent of the nation’s wind technical potential and 56 percent of solar technical potential. However, this region is home to only 30 percent of expected 2050 electricity demand. Through a transmission Macro Grid, we can connect centers of high renewable resources with centers of high electric demand, enhance grid resiliency and dramatically reduce carbon emissions.

Population(s) Served

Where we work

Financials

AMERICAN COUNCIL ON RENEWABLE ENERGY
lock

Unlock financial insights by subscribing to our monthly plan.

Subscribe

Unlock nonprofit financial insights that will help you make more informed decisions. Try our monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights?
Learn more about GuideStar Pro.

Operations

The people, governance practices, and partners that make the organization tick.

lock

Connect with nonprofit leaders

Subscribe

Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

lock

Connect with nonprofit leaders

Subscribe

Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

AMERICAN COUNCIL ON RENEWABLE ENERGY

Board of directors
as of 04/07/2022
SOURCE: Self-reported by organization
Board chair

Mr. Kevin Gresham

RWE Renewables Americas, LLC

Term: 2021 -

Shannon Kellogg

Amazon

Kevin Gresham

E. On Climate & Renewables North America

Vikas Agrawal

Goldman Sachs

Ja Kao

Starwood Energy Group

Mona Dajani

Pillsbury Winthrop Shaw Pittman

Mit Buchanan

J.P. Morgan

Gaurav Raniwala

GE Energy Financial Services

Raymond Wood

Bank of America Merrill Lynch

Patrick Reiten

Berkshire Hathaway Energy

Himanshu Saxena

Starwood Energy Group

Kevin Lynch

Avangrid

Laura Beane

Vestas

Martin Torres

BlackRock

Philip Musser

NextEra Energy

Rose McKinney-James

McKinney-James and Associates

Urvi Parekh

Facebook

Chris Archer

Macquarie Capital

Will Conkling

Google

Kristal Hansley

WeSolar

Marcus Krembs

Enel North America

Rose McKinney-James

Energy Works LLC, McKinney-James & Associates and Advocacy BL/ACK

Anthony Oni

Energy Impact Partners

Ben Pratt

Ørsted

Meghan Schultz

Invenergy

Gregory Wetstone

American Council on Renewable Energy

Organizational demographics

SOURCE: Self-reported; last updated 4/7/2022

Who works and leads organizations that serve our diverse communities? GuideStar partnered on this section with CHANGE Philanthropy and Equity in the Center.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender (cisgender)
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

 

Sexual orientation

Disability