Tag: Strata Solar
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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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Duke Energy, solar developers make a deal to clear utility-scale solar backlog in Carolinas
Duke Energy announced several agreements with third-party solar developers and industry organizations to create a better interconnection framework to facilitate more utility-scale solar energy in the Carolinas. Let’s take a look and see what these will do. Agreement No. 1 First, Duke Energy and most of the major solar industryRead More — Solar Builder magazine
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Strata Solar goes with Tesla’s Megapack for this 100-MW energy storage project
Renewable energy developer Strata Solar sent an update on its landmark Ventura Energy Storage (VES) project — a 100-MW, 400-MWh battery energy storage system in unincorporated Ventura County, Calif. Strata awarded an Engineering, Procurement and Construction (EPC) contract to Tesla for its Megapack battery system. Pre-construction development is now complete.Read More — Solar Builder magazine
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Strata Solar is looking to C&I, community solar as part of growth strategy
N.C.-based Strata Solar says it has plans to strategically acquire commercial and industrial (C&I) and community solar assets to add to its existing portfolio of utility-scale projects. The move comes as the company, which already owns over 800 MW in assets, aims to expand its long-term ownership portfolio to nowRead More — Solar Builder magazine
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Town rejects solar farm because it will ‘suck up all the energy from the sun’ and other concerns
North Carolina is one of the more progressive, up-and-coming states for solar energy development. We even started a slow clap when it hit 1 GW. But word of this has not yet spread to the town of Woodland, which just voted to reject a proposal to rezone a section ofRead More — Solar Builder magazine