ADVANCE, N.C., March 14, 2025 ~ Denver-based renewable energy investment firm, SolRiver Capital, has announced the commencement of onsite construction at its 7 MW Longleaf Solar Project in Davie County, North Carolina. The company acquired the project as a development asset and has since completed the remaining development work, bringing it to Notice to Proceed (NTP). This project will be owned and operated as part of SolRiver's larger Carolinas portfolio.

According to Executive Vice President Riley Sullivan, when SolRiver initially purchased the Longleaf project, it was not yet ready for construction. However, with their expertise and experience in wrapping up development work and getting projects built, they were able to move forward with the project.

Once completed, Longleaf Solar will add to SolRiver's growing portfolio of solar projects in the Carolinas. The company has already brought a dozen projects online in the region, totaling approximately 100 MW of generating capacity. The Longleaf Solar Project is expected to become operational in Q2 2025. Additionally, SolRiver is also currently constructing the Williams project, a 6 MW installation that is projected to come online around the same time as Longleaf.

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Managing Partner Brandon Conard expressed his satisfaction with SolRiver's continued growth in the Carolinas market since their entry in 2019. "We are pleased to add more assets to our portfolio in North and South Carolina," he stated.

The Longleaf Solar Project is utilizing safe-harbor panels that were purchased and delivered in 2023. These panels were stored in a warehouse located in North Carolina and have been deployed on this project as well as several others built over the past two years. Panel deliveries have recently been completed at the Longleaf site. "This approach has allowed us to stay ahead in a rapidly evolving market," added Conard.

SolRiver Capital's commitment to renewable energy development and their successful track record in bringing projects online make them a key player in the growing solar industry in the Carolinas. With the Longleaf Solar Project underway, the company is well on its way to achieving its goal of providing clean and sustainable energy to communities in the region.

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