Duke Energy today announced a
number of partner companies it will use to build three previously announced
solar projects in North Carolina by the end of 2015.
The company will construct and own some of the largest solar facilities on the
East Coast, totaling 128 megawatts (MW) of capacity. These projects are part
of the company's recently announced $500 million commitment to solar.
Construction is expected to begin in early 2015. When underway, up to 750
local construction jobs will be created. Before construction, the projects
must obtain approval from the North Carolina Utilities Commission (NCUC).
"In addition to helping our local economies, the projects will benefit
customers by having experienced solar companies involved," said Rob Caldwell,
senior vice president, Distributed Energy Resources. "This furthers Duke
Energy's commitment to the communities we serve while meeting our goal of
bringing large amounts of cost-effective renewable energy onto our system."
Duke Energy projects
o At the 65-MW Warsaw Solar Facility in Duplin County, Chapel Hill-based
Strata Solar will serve as the engineering, procurement and construction
(EPC) contractor. The project will use solar panels manufactured by
Arizona-based First Solar, and the solar inverters will be manufactured by
the German company SMA Solar Technology, with production facilities in
Denver, Colo.
o At the 40-MW Elm City Solar Facility in Wilson County, First Solar will
supply its Series-4 thin-film solar panels and serve as the EPC
contractor. SMA Solar Technology will supply the inverters.
o At the 23-MW project in Bladen County, near the Cumberland County line,
Arizona-based Phoenix Solar will be the project's EPC contactor. The solar
panels will be manufactured by Yingli Solar.
Duke Energy will also purchase power from five other new solar projects to be
built and owned by other companies. Altogether, the eight projects total 278
MW.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in