Pine Gate Renewables announced today that its Sugar Solar project is now online and generating 81MWdc/60MWac of renewable energy in the community of Yadkinville, North Carolina.
“It’s always gratifying to see one of our projects reach commercial operation,” said Ben Catt, CEO of Pine Gate Renewables. “Sugar Solar will be a long-term good neighbor, providing Duke Energy customers with clean, renewable energy to power their homes and substantial tax dollars invested into the Yadkinville community.”
To facilitate wildlife movement through the project area, Pine Gate installed permeable fencing around the perimeter of the project. The fencing has larger holes at the bottom through which animals can easily pass.
Providing energy to Duke Energy Carolinas through a 20-year Purchase Power Agreement, Sugar Solar was one of the projects selected in the first round Duke Energy’s Competitive Procurement of Renewable Energy (CPRE) Program. It will provide $1.82 million in tax revenue for the local community over the life of the agreement.
Blue Ridge Power performed the engineering, procurement and construction for Sugar Solar. The project provided construction jobs to approximately 120 local workers during the build-out.
About Pine Gate Renewables
Pine Gate Renewables is a leading renewable energy company focused on project development and strategic financing of solar and storage projects throughout the United States. It currently manages more than 1GW of operational assets, with more than 15GW in active development and has raised over $3.7 billion in project capital to date. The company’s Pine Gate Impact initiative contributes to multiple non-profit organizations aimed at improving the environment and local communities. Headquartered in Asheville, NC, Pine Gate Renewables made the Inc. 5000 list in 2021, placing at #37; won The Cleanie Awards®’ Silver Award for “Midsized Company of the Year,” was awarded a top spot on Inc. magazine’s Best Workplaces list in 2021, named to Fast Company’s Most Innovative Companies list in 2021, included as a “Best Workplace” in Business North Carolina magazine, awarded the gold medal in the energy category for Inc.’s Best in Business 2020 list and ranked #6 on Inc. 500’s list of “Fastest Growing Energy Companies” in 2018. Pine Gate Renewables works every day to achieve its mission to “Get Solar Done.” For more information, visit pinegaterenewables.com.