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:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

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.

Loiret Energie and Terres d’Energie Développement will invest €15mn in a 31.5-hectare agrivoltaic farm in La Ferté Saint-Aubin, combining electricity production and organic cattle farming.
Canadian Solar Infrastructure Fund makes its first acquisition outside the FIT scheme with a 1.1 MW solar plant in Tsukuba, valued at ¥253.5mn ($1.7mn), under a corporate PPA agreement.
The agreement will enable Bisleri to meet 48% of the electricity needs at its Sahibabad site through solar power supplied by Sunsure, cutting annual CO₂ emissions by nearly 2,700 tons.
Vikram Solar has commissioned a new 5 GW automated plant in Vallam, Tamil Nadu, raising its total capacity to 9.5 GW and marking a key milestone in its industrial expansion strategy in India.
Norwegian group Scatec is developing a 1.1 GW solar plant with 200 MWh of storage for Egypt Aluminium, under a 25-year contract backed by the EIB, AfDB and EBRD.
GreenYellow has signed a major energy deal with Dohome to deploy 10.5 MWp of solar and 13 MWh of storage across 15 sites, marking one of the largest hybrid projects in Thailand’s retail sector.
ENEOS Renewable Energy will develop two solar installations totalling 4MW on a decommissioned JR Hokkaido line, under a power supply agreement signed with the railway company and the regional electric utility.
RWE has commissioned a project combining 200 MW of solar and 100 MW of battery storage in Milam County, Texas, addressing the growing electricity demand and expanding its operations in the United States.
EDP has launched operations of a rooftop solar plant at Johnson Electric’s site in Asti, targeting an annual output of 400 MWh to strengthen the manufacturer’s energy autonomy and stabilise electricity costs.
PowerField increased its operational capacity to 300 MWp by integrating seven new solar parks, developed or acquired before construction, across four Dutch provinces.
Idex has inaugurated a photovoltaic power plant spanning 14,500 m² at Ainterexpo's parking area, developed in partnership with Grand Bourg Agglomération under a 30-year operating model.
West Holdings and Toshiba Energy Systems & Solutions will jointly develop turnkey services for solar power plants and large-scale battery storage, combining construction, grid management and production optimisation.
The Italo-Japanese group Potentia Energy has received environmental clearance for a 1 GW solar and battery hybrid park in New South Wales, estimated at AUD1.3bn ($858.9m).
Symphonics enables photovoltaic operators to access RTE’s adjustment mechanism, offering new profitability in a context of slowdown in the solar sector in France.
Swiss group Axpo has completed a four-plant photovoltaic complex in León province, totalling 200 MWp of capacity, and is preparing its grid connection for early 2026.
Swift Solar begins a strategic collaboration with Plenitude to test its tandem perovskite solar technology at industrial scale, targeting deployment in large-scale photovoltaic projects.
Sojitz plans to deliver a 44.2 MWDC solar plant in Wakayama by December 2027, funded outside the feed-in tariff scheme and aimed at direct power sale contracts.
US tariff measures shake up Indian solar module exports, exposing the industry to structural overcapacity risks and forcing New Delhi to redirect its industrial strategy.
SolarX secures €15mn in senior debt from Afrigreen to refinance solar commercial assets in four francophone countries, consolidating Franco-European financial presence in a strategic and growing market.
STMicroelectronics has signed a 15-year agreement with solar producer TSE to supply 780 GWh of electricity to its French sites starting in 2027.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.