IRA Leads to Partnership for Nevados & Priefert Steel

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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Chief Commercial Officer

Jenya Meydbray

Jenya is the Chief Commercial Officer of Nevados, prior to that he co-founded PVEL in 2010 and served as CEO for the past dozen years. 

He developed the first extended reliability and performance test protocols for the downstream PV industry as well as innovative methods of evaluating PV performance for power plant level risk assessment and mitigation. 

Prior to founding PVEL, Jenya was the Senior Quality and Reliability Engineer at SunPower where he designed accelerated test methods for high-efficiency solar cells and modules. Jenya began his career at NASA Ames Research Center’s hyper-gravity facilities. He also served as VP of Technology for Cypress Creek Renewables, a utility-scale project developer.


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.