IRA Leads to Partnership for Nevados & Priefert Steel

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POST DATE
January 24, 2024
By Editorial Team

This article was published on Fast Company on 1/24/24 – Link to original article

In East Texas, a steel manufacturing company that has long been known for making farm, ranch, and rodeo equipment, is now taking a big step into the solar industry. The move, aided by the benefits of the Inflation Reduction Act, is one example of how investments in the clean economy could reignite American manufacturing. 

The Inflation Reduction Act, the landmark climate bill that will invest hundreds of billions of dollars into the clean energy economy, has a particular focus on ramping up American manufacturing and creating jobs, thanks to tax incentives that reward the use of materials made in the U.S. That helps spur business for companies like Priefert Steel, located in Mount Pleasant, Texas.

Recently, Priefert Steel announced it would begin manufacturing equipment for Nevados, which makes solar mounts and trackers—the machinery that automatically orients the solar panels toward the sun throughout the day. Nevados specifically makes all-terrain trackers, which allows solar panels to be placed on rough or hilly terrain, without the need to bulldoze or flatten the land.

Read the full article here.

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Products & Services
Chief Revenue Officer

Kurt Johnson

Kurt joined Nevados as VP of Sales and was shortly after promoted to Chief Revenue Officer, taking full leadership of our commercial organization as we expand into our next stage of growth. He brings over 25 years of renewable energy experience.

Over the course of his career at Maxeon Solar Technologies, Nextracker, and more than 15 years at SunPower, Kurt has built a deep network of relationships across the utility-scale solar sector. His industry knowledge and connections, combined with his track record of driving growth, position him to accelerate Nevados’ commercial momentum.

DIRECTOR OF FINANCE

Rick Baldini

Rick has over 18 years of finance experience across several industries including financial services, insurance, real estate, and construction.  Rick is experienced in building, leading, and advising companies through complex restructurings, business expansion and product development.  

Prior to Nevados, Rick was the CFO for Link Real Estate & Urban Land Co, a real estate investment firm, that Rick led to become the fastest growing private company in Central Ohio.  Rick has also been successful in structuring a multi-million-dollar licensing deal with a public company while CFO at Global Administration Management, a boutique consulting firm in the insurance industry.

Rick is a graduate of the University of Arizona where he received a B.S. in Finance and Marketing.