Duke Energy Progress applied Jan. 29 with the South Carolina Public Service Commission for approval of a power purchase agreement (PPA), worked out on Jan. 25, with Olanta Solar LLC.
The agreement complies with the intent of the Public Utility Regulatory Policies Act of 1978 (PURPA), said Duke in the application cover letter. The PPA itself was filed under seal.
Olanta Solar has developed and will construct, own, operate and maintain a solar photovoltaic facility near Olanta, South Carolina. It is a qualifying facility (QF) under lhe rules and regulations of lhe Federal Energy Regulatory Commission, and Olanta Solar filed its Form 556 self-certification with FERC on Feb. 23, 2015. The facility will have an installed capacity of approximately 15 MW (ac nameplate). Under this deal, Olanta Solar will sell to Duke Energy Progress all the electric capacity and energy generated by the facility.
Duke Energy Progress is a unit of Duke Energy (NYSE: DUK).