Duke Energy has begun construction on the 50-megawatt Broad River Solar power plant in Cleveland County, North Carolina. The project will be owned and operated by Duke Energy Renewables, a commercial subsidiary of Duke Energy. The project was selected as part of the competitive bidding process established by 2017’s landmarkRead More

Pine Gate Renewables and the Arbor Day Foundation announce a new partnership to replant trees impacted as a result of project development. Starting in 2021, Pine Gate will plant two trees for every one that is removed from their sites during new project construction. Through its partnership with the ArborRead More

Pine Gate Renewables has closed financing on a new 12-project fund of solar and solar plus storage sites in North Carolina. The projects in the fund will sell power under long-term contracts to Duke Energy Progress, Duke Energy Carolinas and Halifax EMC. Crestmark, a division of MetaBank, provided the constructionRead More

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

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

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

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

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

Leyline Renewable Capital, a provider of pre-construction capital for renewable energy, signed a deal with Core Solar LLC, to provide development-stage capital for 600 MW of utility-scale solar projects representing a portion of Core Solar’s pipeline across the United States. “Projects like these are the backbone of the next-generation cleanRead More

Continuing its expansion of solar energy, Duke Energy started construction on two major solar projects in North Carolina last week. The projects: The 69-megawatt Maiden Creek solar facility, located on Didley Dadburn Road in the Catawba County town of Maiden and the 25-megawatt Gaston solar facility located on Neal RoadRead More