Category: North Carolina
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CIT leads $69 million financing for 130-MW solar portfolio, owned by Strata Solar
CIT Group Inc.’s Power and Energy business led a $69 million financing for a portfolio of solar facilities owned and operated by Strata Solar LLC, a solar and storage energy service provider based in North Carolina. The 23 operating solar assets in the portfolio, a majority of which are located in NorthRead More — Solar Builder magazine
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Lovin’ it: McDonald’s completes three new virtual PPAs (including a solar portfolio)
In 2019, McDonald’s USA signed two long-term VPPA transactions, one wind and one solar, located in Texas. Now, with the addition of three more deals, McDonald’s is positioned to become a corporate leader in adding more renewable energy to the nation’s power supply. The three new projects, two wind farms andRead More — Solar Builder magazine
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BayWa r.e.’s largest U.S. solar plant to power six big-brand businesses via virtual PPA
BayWa r.e. Solar Projects LLC will commemorate the 133.6-MW Fern Solar project in Edgecombe County, North Carolina. Fern is the largest project developed and built to date by BayWa r.e. in the U.S. Featuring more than 353,000 PV panels, it will produce an estimated 238 GWh of clean electricity annually, enough toRead More — Solar Builder magazine
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Anthem signs solar PPA with SunEnergy1 as it moves to 100 percent renewable energy by 2025
In 2019, Anthem, Inc. made the commitment to invest in and source 100 percent renewable energy by 2025. Now, as a key step in that strategy, Anthem has signed a 15-year power purchase agreement with SunEnergy1, a U.S. solar developer, owner and operator of utility-scale solar projects. The agreement isRead More — Solar Builder magazine
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Pine Gate Renewables partners with Duke Univeristy on 101-MW of solar capacity
Duke University’s ambitious effort to become carbon neutral by 2024 will add an expanded solar energy component through a partnership with Pine Gate Renewables, an Asheville, North Carolina-based solar developer. The university will bolster its renewable energy capabilities through the purchase of 101-MW of solar capacity from three new solar facilitiesRead More — Solar Builder magazine