Charlottesville-based Sigora Solar, one of Virginia’s largest homegrown solar panel providers, is expanding to North Carolina, and said in a release that it expects to create 75 new jobs in the Raleigh area during its first year there.
“We’re incredibly proud of the opportunity to expand into North Carolina, and to join the [Research] Triangle’s vibrant, growing, modern economy,” said Logan Landry, president and CEO of Sigora Solar. “The expansion of our company into new markets supplements the growth of our headquarters here in Charlottesville and will bolster job creation in both locations.”
Landry cited the Tarheel State’s government and private solar-installation incentives as one reason the company chose the state for its expansion.
“North Carolina has taken a proactive policy stance on renewable energy resulting in increasingly attractive options for home and business owners to go solar,” he said.
The private solar-installation incentives include a $6,000 maximum rebate for Duke Energy’s residential customers, a $50,000 maximum rebate for its business customers and up to $75,000 for nonprofit customers, according to Madeleine Ray, Sigora’s marketing manager.
Ray also cited North Carolina’s regulatory support for solar-leasing options and utility-scale solar projects, as well as state tax benefits for qualifying homeowners.
“If Virginia would implement policies to mimic those of our neighboring jurisdictions and states, we would see immense economic development, an increase in job creation and positive environmental impacts benefiting generations to come,” Landry said.
Founded in 2011, privately-owned Sigora Solar ranks as one of Inc. 500’s fastest growing companies.