Duke Energy planning 75 MW of new solar power in North Carolina

A Duke Energy (NYSE:DUK) regulated subsidiary said Dec. 15 that it has proposed two new solar power projects in North Carolina that it expects to bring online in 2016.

Pending approval from the North Carolina Utilities Commission (NCUC), the company will build two projects that will total more than 75 MW, Duke said in a news release.

The 60-MW Monroe Solar Facility on 2272 S. Rocky River Road near Monroe in Union County will be located on a 400-acre site. Strata Solar in Chapel Hill will design and build the project.

The 15.4-MW Mocksville Solar Facility in Davie County will use about 110 acres of land. The project will be located at 197 Crawford Road in Mocksville. Crowder Construction in Charlotte will serve as the project engineering, procurement and construction lead.

Both projects will be owned and operated by Duke Energy Carolinas and will help meet North Carolina’s Renewable Energy Portfolio Standard. Financial details are not being released.

Duke is currently completing construction of 140 megawatts of capacity at four major solar facilities in the North Carolina counties of Bladen, Duplin, Onslow and Wilson counties. The aggressive expansion by Duke Energy companies has led North Carolina to be ranked fourth nationally for overall installed solar.

Over the past eight years, Duke Energy, through its regulated and commercial businesses, has invested more than $4bn in wind and solar facilities in 12 states. The company plans to invest about $3bn in renewable energy over the next five years.

“As part of our solar expansion efforts in North Carolina, we will continue to seize opportunities to both develop as well as purchase projects that enable us to deliver more renewable energy to our customers,” said Rob Caldwell, senior vice president, Distributed Energy Resources.

 

About Wayne Barber 4201 Articles
Wayne Barber, Chief Analyst for the GenerationHub, has been covering power generation, energy and natural resources issues at national publications for more than 20 years. Prior to joining PennWell he was editor of Generation Markets Week at SNL Financial for nine years. He has also worked as a business journalist at both McGraw-Hill and Financial Times Energy. Wayne also worked as a newspaper reporter for several years. During his career has visited nuclear reactors and coal mines as well as coal and natural gas power plants. Wayne can be reached at wayneb@pennwell.com.