Four solar PV plants connected to N.C. power grid

 Four solar PV plants connected to N.C. power grid

SunEdison (NYSE: SUNE) and TerraForm Power Inc. (Nasdaq: TERP) interconnected four solar photovoltaic power plants in North Carolina with a total generating capacity of 26 MW.
TerraForm will sell the output of the plants to Duke Energy Progress (NYSE: DUK) under 15-year power purchase agreements. SunEdison secured financing for the plants through federal and state tax equity investors. SunEdison Services will perform operation and maintenance on the plants.

Subscribe to the Power Engineering enewsletter

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...