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

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

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

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

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

The Mississippi Public Service Commission approved the largest solar installations in Mississippi on Nov. 10, making Mississippi Power the largest partner in renewable energy in the state. Strata Solar is collaborating with Mississippi Power and the U.S. Navy to build a 450-acre 50-MW solar project in Hattiesburg. Strata Solar specializes in utilityRead More

Strata Solar hired 188 new solar workers from the Fayetteville area to immediately begin work on a solar project in Duplin County. Strata maintains a low impact, standardized approach to solar farm creation that is supported through its vertical divisions, which offer complete turnkey services for the design, construction andRead More