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Monday, September 15, 2014

Duke Energy commits $500 million to North Carolina solar power expansion - Duke Energy

CHARLOTTE, N.C. -
Duke Energy today announced a $500 million commitment to a major expansion of solar power in North Carolina.
This culminates the company's request for proposals (RFP) issued in February 2014 for new solar capacity. It will help Duke Energy further its commitment to renewable energy, diversify its energy portfolio and meet North Carolina's Renewable Energy and Energy Efficiency Portfolio Standard (REPS). It also provides customers greater access to renewable energy in a cost-effective manner.
The company will acquire and construct three solar facilities – totaling 128 megawatts (MW) of capacity – including the largest solar photovoltaic (PV) facility east of the Mississippi River. The three facilities will be located in Bladen, Duplin and Wilson counties.


Duke Energy commits $500 million to North Carolina solar power expansion - Duke Energy

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