SolRiver Capital kicks off Longleaf Solar Project construction in North Carolina
- On March 14, 2025, SolRiver Capital began onsite construction of the 7 MW Longleaf Solar Project in North Carolina.
- This project marks the firm's 12th initiative in the Carolinas, collectively totaling around 100 MW of renewable capacity.
- The Longleaf Solar Project underscores the company's objective to expand its renewable energy footprint in the region.
On March 14, 2025, SolRiver Capital, a renewable energy investment firm based in Denver, officially announced the commencement of onsite construction for its 7 MW Longleaf Solar Project, located in Davie County, North Carolina. This initiative marks SolRiver's 12th project within the Carolinas region, showcasing the firm’s continuous investment in renewable energy infrastructure since its establishment in 2016. The Longleaf project was acquired as a development asset, and the company has efficiently finalized the remaining development work necessary to proceed with construction on this facility. Once completed, the project is set to contribute to the company's larger portfolio in the Carolinas, totaling approximately 100 MW of generating capacity, which includes several solar projects already in operation. Riley Sullivan, the Executive Vice President at SolRiver Capital, expressed his satisfaction regarding the project’s development phase, highlighting the firm’s effective strategy in transitioning projects from development to construction. The solar installations are anticipated to enhance the renewable energy landscape and meet the increasing demand for sustainable power solutions in both North and South Carolina. The project site has already been equipped with safe-harbor panels that were delivered and stored in North Carolina in 2023. The deployment of these panels is advantageous as they enable cost-effective construction and are expected to play a significant role in the solar project's success. The Longleaf Solar Project is scheduled to become operational in the second quarter of 2025. Alongside it, SolRiver is also developing another solar initiative, the Williams project, which has a generating capacity of 6 MW and is expected to launch around the same period as Longleaf. Brandon Conard, Managing Partner at SolRiver Capital, affirmed the firm’s commitment to expanding its solar energy initiatives in the Carolinas, having been active in this market since 2019. By completing the Longleaf project, the firm aims to further solidify its position as a leading renewable energy investment firm in the region. Overall, the advancements regarding the Longleaf Solar Project reflect the growing momentum towards renewable energy solutions as part of regional and national sustainability goals. The announcement of construction activities not only stresses the increasing trend towards renewable energy development in the Carolinas but also shows how firms like SolRiver Capital leverage their experience to expedite project completion. With the construction of the Longleaf Solar Project, SolRiver is reinforcing its dedication to supporting the transition to cleaner energy sources, ultimately contributing to the environment and local economies. The successful realization of these projects suggests a positive trajectory for renewable energy adoption which aligns with broader climate change initiatives.