Lockheed Martin Purchasing Power from New Duke Solar Facility

 Lockheed Martin Purchasing Power from New Duke Solar Facility

Global security and aerospace company Lockheed Martin has entered a 17-year power purchase agreement (PPA) with Duke Energy Renewables (NYSE: DUK).

Per the PPA, Lockheed Martin will purchase 30 MW of electricity generated by Duke’s new 80-MW solar facility in Conetoe, North Carolina.  The solar energy will power Lockheed Martin’s domestic business segments.

Lockheed Martin already uses about 260,000 MWh of clean energy a year, including renewable energy credits, to meet about 16 percent of the company's electricity needs.

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