Wells Fargo has become the latest large energy user to execute a renewable power agreement under Duke Energy’s Green Source Advantage (GSA) program – building on the solar expansion in North Carolina. Wells Fargo will purchase more than 58 MW of solar capacity from the Blackburn Solar project, a planned facility on 600 acresRead More

SolRiver Capital LLC, a national solar investment fund, acquired a 45-MW solar portfolio located throughout the Carolinas from Birdseye Renewable Energy, a leading developer of solar energy projects in the Southeastern United States. This is the second acquisition between SolRiver and Birdseye. The first project, located in North Carolina, was successfully completedRead More

Courtesy of Energy News Network: A solar project in the heart of North Carolina’s Blue Ridge Mountains has united climate activists, clean energy advocates and community leaders together with Duke Energy, their frequent nemesis. But to win approval, the 5-megawatt solar farm on the edge of Asheville must overcome oneRead More

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