Your source for construction industry news in the Carolinas
Leeward Renewable Energy (“LRE” or “Company”) announced that construction has commenced on its Oak Trail Solar facility near Moyock, North Carolina. LRE will sell the 100 megawatts (MW) of renewable energy generated at Oak Trail Solar to Verizon Communications under a long-term power purchase agreement. “Verizon is committed to protecting our planet by supporting the…
Bank of America announced today it is partnering with Duke Energy to further expand its renewable energy commitment by powering its headquarters and other Charlotte operations with solar energy. Through a renewable energy sleeved-power purchase agreement (PPA), the company is participating in Duke Energy’s Green Source Advantage (GSA) program. The bank is the first company and financial…
Global renewable energy developer, service provider and distributor BayWa r.e. has secured tax equity and construction financing for its Fern Solar project in Edgecombe County, North Carolina. RBC Capital Markets syndicated a tax equity investment commitment in the project and the lender group comprised of Rabobank, Coordinating Lead Arranger, and Banco Sabadell, Joint Lead Arranger, have…
Southern Current, a leading developer in the residential, commercial and utility-scale solar markets, is expanding its solar farm portfolio with a new facility in Aiken County. The company is investing $20 million in this latest project. “Southern Current is thrilled to be working with Aiken County. The economic development team has a strong track record…
SCE&G has met the utility-scale solar goal set forth by the South Carolina Distributed Resource Program Act, or Act 236, by producing 42 megawatts (MW) of utility-scale solar power by 2020. The achievement was celebrated today, along with the dedication of the Otarre Solar Park. Otarre Solar Park developer TIG Sun Energy and project builder…
Cypress Creek Renewables announced a plan to invest $1.5 billion to build 2 gigawatts of solar power in South Carolina, according to Adams and Reese LLP. The more than 80 projects will create 10,000 construction jobs and power more than 600,000 homes. The company is working with Greenville Technical College to create a first-of-its-kind solar job…
The site of an unfinished nuclear power plant has been newly energized – with solar power. Birdseye Renewable Energy recently partnered with United Renewable Energy to design and construct a solar farm bringing energy generation to Hawkins County. -A new 1MW solar power farm sits on the site of the never operational Phipps Bend nuclear…
Southern Current, a developer in the residential, commercial and utility-scale solar markets, is launching a new solar farm in Hampton County, South Carolina. The company is investing $2.5 million in the project. “Southern Current is excited to keep bringing more clean energy projects to South Carolina,” said Southern Current Chief Development Officer Paul Fleury. “We…
More solar jobs are coming to South Carolina according to HCS Renewable Energy, LLC a national renewable energy company headquartered in Austin, TX. HCS announced that it has joined the South Carolina Solar Business Alliance serving as primary staffing subcontractor on utility-scale solar projects nationwide. The South Carolina Solar Business Alliance (SBA) is the voice of…
Standard Solar, Inc., a leading solar energy company specializing in the development, installation and financing of commercial solar electric systems nationwide, today announced that it is being acquired by Gaz Métro, a leading energy provider with more than US$5.8 billion in assets that is actively involved in developing and operating energy infrastructures and innovative, promising energy…
