Solar Projects
Holocene’s portfolio of past solar projects includes over 120MW of ground-mount construction in North Carolina.
ESA III, New Bern (Craven County), NC
Development
In 2012, Holocene LLC collaborated with ESA Renewables, a renewable energy firm, by purchasing the largest rooftop solar project in Eastern North Carolina.
Financing
Holocene commissioned and owns the system through a special-purpose affiliate. Also, we partnered with an institutional investor to finance the rooftop solar PV system in a structure similar to that used to purchase, own and operate other North Carolina-based solar PV systems.
EPC
Holocene provided Construction Management Services.
Technology
The 1,260 kWDC solar rooftop PV system covers 177,160 square feet of rooftop space and generates the equivalent amount of electricity annually consumed by 100 average-sized households. It reduces carbon dioxide by more than 1,000 tons annually.
ESA Four Oaks Solar I, Johnston County, NC
Development
In 2014, Holocene acquired early development rights for Four Oaks from ESA Renewables, a renewable energy development firm. ESA Four Oaks is located on land leased from a farmer in Johnston County, North Carolina.
Financing
Holocene arranged the tax investment and structured the project financing.
EPC
Under Holocene’s general contractor license, Holocene provided Construction Management for the project in collaboration with Conergy Projects, an international solar contractor.
Technology
The 6,500 kWDC fixed-tilt, ground-mount solar PV system covers 35 acres of farm land. The solar project generates the equivalent amount of electricity annually consumed by 500 average-sized households. This reduces carbon dioxide by more than 5,000 tons annually. Additionally, this project attained PTO in June 2015.
Faison Solar, Duplin County, NC
Development
In late 2014, Holocene acquired early development rights from Sunlight Partners for Faison Solar. This 2,297 kWdc rated capacity solar farm located on land leased from a farmer in Duplin County, North Carolina.
Financing
Holocene arranged tax investment and structured the project financing.
EPC
Under Holocene’s general contractor license, Holocene provided Construction Management for the project in collaboration with Conergy Projects, an international solar contractor.
Technology
The 2,300 kWdc ground-mount, fixed-tilt PV system (solar array) will generate the equivalent amount of electricity annually consumed by approximately 200 average-sized households. This reduces carbon dioxide by more than 2,000 tons annually.
Harvest Beulaville, Duplin County, North Carolina
Development
In 2015, Holocene acquired Harvest Beulaville from Harvest Solar and provided continued project development on this 2,600-kWDC solar PV system. Harvest Beulaville is located in Duplin County in Eastern North Carolina. The project is located on land leased from a farmer in Beulaville, NC. Power is being sold to Duke Energy Progress under a 15-year PPA.
Financing
Holocene arranged sponsor and tax investment for the project financing.
EPC
Holocene provided Engineering, Procurement and Construction services for the project. The project was placed into operation in early 2017.
Technology
The 2,600 kWDC fixed-tilt, ground-mount solar PV system covers 11 acres of farm land. It is generating the equivalent amount of electricity annually consumed by 260 average-sized households. This reduces carbon dioxide by more than 2,000 tons annually.
HCE Johnston County I, Johnston County, NC
Development
In 2014, Holocene began development of HCE Johnston County I, a 2,600 kWDC solar PV system. The project is located on land leased from a farmer in Johnston County, NC. Power is being sold to Duke Energy Progress under a 15-year PPA that was secured by Holocene.
Financing
Holocene arranged tax investment and structured the solar project financing.
EPC
Holocene provided Engineering, Procurement and Construction services for the project. Additionally, project was placed into operation in late 2015.
Technology
The 2,600 kWDC fixed-tilt, ground-mount solar PV system covers 11 acres of farm land and will generate the equivalent amount of electricity annually consumed by 250 average-sized households. This reduces carbon dioxide by more than 2,000 tons annually.
O&M
Holocene provides asset management services for this 2,000 kWAC (2,600 kWDC) asset.
Sarah Solar, Franklin County, NC
Development
In 2014, Holocene acquired early development rights to Sarah Solar from SunLight Partners, a renewable energy development firm. Sarah Solar is located on land leased from a farmer in Franklin County, North Carolina.
Financing
Holocene arranged tax investment and structured the project financing.
EPC
Under Holocene’s general contractor license, Holocene provided Construction Management for the project. This project was constructed in collaboration with Conergy Projects, an international solar contractor.
Technology
The 6,600 kilowatt (kW)dc ground-mount, fixed-tilt PV system (solar array) covers 35 acres of farmland and will generate the equivalent amount of electricity annually consumed by 500 average-sized households. This reduces carbon dioxide by more than 5,000 tons annually. Additionally, project attained PTO in June 2015.