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

CIT Group Inc. announced that its Power and Energy business served as lead arranger on a $118.5 million financing for the utility-scale Harts Mill Solar project in Edgecombe County, North Carolina. The project is owned by Kayne Anderson Capital Advisors L.P., a leading alternative investment manager, and marks their firstRead More

KeyState Renewables, LLC and Corner Power, LLC launched SOLCAP I LLC, a solar tax equity fund for community and regional bank investors in Q4 2019. The fund had its initial closing on February 6, 2020 and will remain open to additional tax equity investors until mid-March 2020. SOLCAP also announcedRead More

Pine Gate Renewables, a national utility-scale solar developer, is bringing 13 mid-size solar farm projects to Greenwood County, S.C. The combined capacity from these sites totals 25.5 megawatts (MW), enough energy to power roughly 4,845 homes annually. These projects will add to Pine Gate’s existing 16 projects in the state.Read More

Construction of Bowman Solar has commenced, according to Pine Gate Renewables, a national utility-scale solar developer. Bowman is a 101-megawatt project spanning 651 acres in Orangeburg County, South Carolina, making it one of the largest solar sites in the state. Through the teamwork of Pine Gate’s in-house EPC team andRead More

Charlotte-based solar developer Pine Gate Renewables says it has achieved commercial operation for two 14 MW solar facilities on opposites ends of the country— Darlington Solar in Darlington County, S.C., and Collier Solar in Deschutes County, Ore. The projects, both financed by Pine Gate partners Live Oak Bank and Sol Systems, willRead More