Duke Energy Renewables buys 20-MW North Carolina solar project from Ecoplexus

Duke Energy Renewables announced July 21 that it has acquired a 20-MW (ac) solar project in Shawboro, N.C., from Ecoplexus Inc., the lead developer of the project.

“We are pleased to add a quality project from Ecoplexus to our growing solar portfolio in Eastern North Carolina,” said Greg Wolf, Duke Energy president, Commercial Portfolio. “Providing clean, renewable energy and opportunities for local economic development in the state are important to the company.”

“The development process for the Shawboro project started approximately two years ago, and Ecoplexus is very pleased to partner with Duke Energy to bring more solar energy to the state of North Carolina,” said Erik Stuebe, Ecoplexus president. “The community in Currituck County has been very supportive of the project, and both Ecoplexus and Duke thank them.”

The energy generated from the facility will be sold to Virginia Electric and Power d/b/a Dominion North Carolina Power through a 15-year agreement. Swinerton Renewable Energy will build the facility, which is targeted for completion by year end.

Duke Energy Renewables, a commercial business unit of Duke Energy (NYSE: DUK), noted that it has 16 solar facilities either complete or under construction in North Carolina.

About Barry Cassell 20414 Articles
Barry Cassell is Chief Analyst for GenerationHub covering coal and emission controls issues, projects and policy. He has covered the coal and power generation industry for more than 24 years, beginning in November 2011 at GenerationHub and prior to that as editor of SNL Energy’s Coal Report. He was formerly with Coal Outlook for 15 years as the publication’s editor and contributing writer, and prior to that he was editor of Coal & Synfuels Technology and associate editor of The Energy Report. He has a bachelor’s degree from Central Michigan University.