to-the-point: Duke Energy buys 20-MW PV project from Ecoplexus
US utility Duke Energy Corp (NYSE:DUK) said today its renewable arm, Duke Energy Renewables, has bought a 20-MW solar power project from Ecoplexus Inc.
Located in Shawboro region, North Carolina, the plant will have enough power to supply some 4,000 local homes. The output will be sold to Dominion NC Power through a 15-year power purchase agreement (PPA).
Swinerton Renewable Energy is the company selected to build the plant, exmploying more than 90% local workers. Construction is to be completed by year end.
Currently, Duke Energy Renewables has 16 solar parks in the state, complete or under construction.