The four-year-old company previously focused primarily on smaller projects, many of them between 5 MW and 7 MW.
But Strata Solar Vice President of Marketing and Sales Blair Schooff said this new project is the result of the company looking for ways to further cut the cost of its power as it looks to a potential future without the investment tax credit.
“We need to prepare ourselves,” Schooff said. “One of the ways to do that is to do one 100-MW project instead of 12 6.4-MW jobs. Each job, in isolation, has a lot of soft costs.”
Strata Solar has about 100 MW of solar capacity in the state and plans to add about 140 MW in 2013, Schooff said.
In a statement, the company said it announced 12 solar farms in the past year and will be constructing more than 25 farms in 2013.
This latest project, to be built in Duplin County, N.C., would be by far the largest for both Strata Solar and North Carolina, costing roughly $250 million.
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