SolaREIT secures land for a strategic solar project in North Carolina

SolaREIT finalizes a key land acquisition for Headwater Energy's Gum Swamp Solar project, strengthening solar capacity by 112 MW in a strategic state.

Share:

Gain full professional access to energynews.pro from 4.90$/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90$/month*

No commitment – cancel anytime, activation in 2 minutes.

*Special launch offer: 1st month at the indicated price, then 14.90 $/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99$/year*

To access all of energynews.pro without any limits

*Introductory annual price for year one, automatically renewed at 149.00 $/year from the second year.

The strategic acquisition of land remains a major challenge for large-scale solar projects in the United States. SolaREIT recently completed the purchase of land intended to host the Gum Swamp Solar project, developed by Headwater Energy. With a capacity of 112 megawatts (MW) in direct current, this project is designed to integrate effectively into North Carolina’s energy grid, a state experiencing significant growth in the solar energy sector.

This type of land investment highlights a growing trend in the industry: the importance of flexible financial solutions to accelerate the development of large-scale solar infrastructure. By outsourcing land ownership to players like SolaREIT, developers can reallocate their financial resources to critical areas such as construction, grid interconnection, and equipment logistics.

A market where speed is critical

In a context where commissioning timelines and capital costs play a decisive role, the ability to quickly secure land is essential. The Gum Swamp Solar project benefited from this model, enabling Headwater Energy to stay on schedule without compromise.

North Carolina, where this project is located, represents a strategic market for renewable energy investors. With local policies favoring alternative energy sources and a growing demand for low-cost production capacity, the Gum Swamp Solar project positions itself as a key element in the region’s energy mix.

The key role of strategic partnerships

The collaboration between SolaREIT and Headwater Energy highlights the necessity of reliable partnerships to overcome regulatory and financial complexities associated with large-scale solar projects. The swift and seamless acquisition of land has been, according to both parties, a critical factor in meeting the demands of a market characterized by increasing competition.

In this context, companies specializing in land financing, like SolaREIT, add value by simplifying steps in the value chain. This approach not only reduces financial risks for developers but also streamlines the transition phases to the operational stage.

The solar photovoltaic installers sector will grow by 15 % annually through 2030, driven by residential demand, public incentives and increasing integration into urban projects.
QatarEnergy has signed a contract with Samsung C&T to build a solar power plant in Dukhan, set to reach 2,000 MW capacity by 2029, doubling the country’s solar output.
Billion Watts begins construction on its first solar-plus-storage project in Australia, scheduled for 2026, relying on an international consortium and a strategy focused on the volatility of the national electricity market.
Longroad Energy has closed financing and started construction of the 1000 Mile Solar project in Texas, with a capacity of 400 MWdc, supported by Meta and an international banking consortium.
Sunrun completed its fifth securitization deal of 2025, bringing non-recourse debt raised in the third quarter to over $1.5bn.
Odyssey Energy Solutions secures $7.5 million from British International Investment to support access to solar equipment under Nigeria’s DARES programme.
The Cameroonian government launches the extension of two solar plants in the Far North, increasing their combined capacity to 64.4 MWp, with support from international investors.
Statkraft has signed an agreement to sell solar and wind assets in India to Serentica Renewables, marking a strategic refocus on Europe and South America.
Independent power producer UNITe has been selected to develop two solar power plants on municipal land in Avèze and Malauzat, following a call for tenders by the French Energy Regulatory Commission.
Solar and storage accounted for 82% of new U.S. power capacity in early 2025, despite federal measures slowing their expansion.
Statkraft France won a 15.5 MWc solar project in Mourmelon-le-Grand during the latest national tender round, bringing its total awarded capacity to nearly 70 MWc in less than a year.
Solar growth in Central Europe has doubled that of the European Union since 2019, reshaping the energy mix and boosting battery manufacturing in the region.
Canadian energy producer Cordelio Power has completed commissioning of its Winfield solar project, a 150 MW facility backed by a 15-year contract with Microsoft and a $313mn structured financing deal.
Platform Anza surpassed its 2024 volume in just eight months, responding to developers’ urgency to secure projects ahead of regulatory and fiscal changes expected in 2026.
US-based AGCO has signed a ten-year virtual power purchase agreement with BRUC, covering a 100 MW solar project in Spain, to secure part of its European energy consumption.
Canadian developer Innergex has won all six projects of the Grenier des Essences portfolio for a total of 85 MW, strengthening its position in France’s ground-mounted solar sector.
Canadian Solar unveils its new low-carbon solar modules integrating heterojunction cells and thinner wafers, achieving up to 24.4% efficiency and a peak power output of 660 Wp.
Elmya Energy and Atlantica Sustainable Infrastructure have created a joint venture targeting 4 GW of renewable energy projects in the United States, focused on the ERCOT and WECC markets.
Louth Callan has completed the Mousam River solar project in Sanford, marking a key milestone in the deployment of utility-scale energy infrastructure across the United States.
The state regulator has approved five new solar power purchase agreements to support growing demand under the CARES programme, targeting industrial and commercial clients.

Log in to read this article

You'll also have access to a selection of our best content.