SolRiver Capital, a Denver-based renewable energy investment firm, has officially started onsite construction for its 7 MW Longleaf Solar Project in Davie County, North Carolina. The company acquired the project as a development asset, completed the remaining pre-construction work, and secured the Notice to Proceed (NTP). Once operational, Longleaf Solar will be owned and managed as part of SolRiver’s expanding Carolinas portfolio.
This project is a key addition to SolRiver’s growing footprint in the region. Upon completion, the firm will have successfully developed and brought online a total of 12 solar projects across the Carolinas, contributing approximately 100 MW of clean energy capacity. Longleaf Solar is expected to be fully operational by Q2 2025, aligning with the completion timeline of SolRiver’s 6 MW Williams project, which is also under construction.
Riley Sullivan, Executive Vice President at SolRiver Capital, said in a statement, “When we purchased the Longleaf project, it wasn’t quite ready to build yet. Fortunately, we have a good playbook for wrapping up development and getting projects built.”
Brandon Conard, Managing Partner at SolRiver Capital, mentioned, “We’ve been active in this market since 2019 and are happy to add more assets to the mix in North and South Carolina.”
To ensure a smooth and cost-effective execution, the company has utilized safe-harbor solar panels purchased in 2023. These panels, which were stored in a North Carolina warehouse, have been deployed at Longleaf and several other projects built over the past two years. The final panel deliveries for Longleaf have already been completed. “This approach helped us stay ahead in a rapidly evolving market,”said Brandon Conard, highlighting SolRiver’s proactive approach in securing materials amid industry fluctuations.
