Duke Energy Renewables has completed the acquisition of six solar projects totaling 4.7MW from SolAmerica Energy on September 7.
SolAmerica Energy developed the ground-mounted projects and managed construction under an engineering, procurement and construction agreement with Duke Energy affiliate REC Solar. The projects are part of the Georgia Power Advanced Solar Initiative, and Georgia Power will purchase the power generated by the projects under a 30-year agreement.
"In acquiring these solar sites, we add Georgia to our growing U.S. renewables footprint," said Rob Caldwell, president, Duke Energy Renewables and Distributed Energy Technology. "SolAmerica and REC Solar have completed quality projects that will deliver clean energy to Georgia Power's customers for years to come."
"We are pleased to have developed and constructed these projects for Duke Energy as part of a portfolio of projects under Georgia Power's Advanced Solar Initiative," said R. Stanley Allen, president of SolAmerica. "Duke Energy Renewables and REC Solar have been great partners and we look forward to continued involvement in the projects in an operations and maintenance capacity."
The projects total 4.7 MWac and include:
The panels were manufactured by Yingli.
In its commercial business and regulated utilities, Duke Energy owns and operates more than 2,800 MW of wind and solar energy – enough to power 780,000 average homes at peak production. The company has invested more than $4 billion in renewable energy.