Duke Energy Renewables Buys Six NC Solar Power Plants

Duke Energy Renewables Buys Six NC Solar Power Plants

Duke Energy Renewables (NYSE: DUK) acquired six, 5-MW solar power projects in eastern North Carolina from Community Energy.

Five of the six sites are in service. The sixth, Seaboard, is set to come online in May. Output from the projects is being sold to Dominion NC Power under 15-year agreements. Gehrlicher Solar America Corp., a division of M&W Americas Inc., built the projects. About 135,000 solar modules were installed on all of the sites.

Duke Energy in 2015 added 300 MW of solar energy in North Carolina. The utility has invested more than $4 billion in renewable energy and plans to invest about $3 billion over the next five years.

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