Duke Energy unit acquires 21 MW solar power project

Duke Energy Renewables, a unit of Duke Energy (NYSE: DUK), acquired two commercial solar projects in California from SolarWorld.

The projects, named Highlander Solar 1 and 2, will generate a total of 21 MW of electricity. The project was previously named the Desert Star Solar Projects and will be run as one system. Southern California Edison signed a 20-year power purchase agreement to buy all of the output from the project.

SolarWorld is the engineering, procurement and construction (EPC) contractor for the project, and the company said it expects to complete the project by 2Q 2013.

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