We have developed a new equation of motion Green's function theory for the large polaron, that is completely nonperturbative in origin, and therefore gives a unified treatment of the polaron ground state energy for all interaction strengths. The theory also incorporates translational invariance rigorously, a priori. We find the following new results. (a) Previous theories that are valid for all coupling strengths are based on a nonperturbative summation of infinite subsets of entire diagrams (equations of motion), rather than on recoil parts of all diagrams. We can thus recover lowest order results of Feynman for example, via a translationally noninvariant form of the Fock approximation, which resembles that reported in a previous work. (b) The total ground state energy we obtain in the strong coupling limit is E0 = −0.426α2 to lowest order in the coupling constant α, a result substantially below that of previous calculations, E0 = −0.106α2 (using gaussian trial functions in both cases). Our result is also below the lower bound of Lieb and Yamazaki, although we show in a following paper that our result is an upper bound. (c) The origin of the difference of our results compared to that of other strong coupling theories is several fold, and will be presented in detail in subsequent papers. However, the essence of the difference is that the phonons in the field, via their interaction with the electron, assume the role of independent degrees of freedom, in the limit of an infinite number of phonons. We then have a field theoretic problem with an infinite number of degrees of freedom which can exhibit a totally different physical behavior compared to one with a finite number of degrees of freedom. This aspect of the problem has not been given explicit recognition in all other theories, including that of Lieb and Yamazaki.