CHARLOTTE, N.C., July 27, 2020 /PRNewswire/ -- Continuing its expansion of solar energy to deliver cleaner energy for customers, Duke Energy today announced it has begun construction on two major solar projects in North Carolina. The projects:
The projects were selected as part of a competitive bidding process that was established from 2017's landmark solar legislation in North Carolina. The projects were among the most cost-effective and will deliver clean solar energy at the lowest possible cost.
"Catawba County applauds Duke Energy's efforts in partnering with the private sector to increase the use of cost-effective renewable energy," said Randy Isenhower, chair, Catawba County Board of Commissioners. "This project will bring jobs to our community during construction and generate clean energy for years to come."
Together, the projects will feature about 400,000 solar panels and generate enough energy to power approximately 20,000 homes and businesses. Both projects are scheduled to come online by the end of this year. At peak construction, a combined 380 workers will be employed at the two sites.
"Building more solar supports Duke Energy's strategy of lowering carbon emissions as we strive to meet our 2050 net-zero carbon goal," said Stephen De May, Duke Energy's North Carolina president. "We participated in a rigorous bidding process – competing with other companies to bring more renewable energy to the state."
On-site workers will fluctuate throughout the construction process. Duke Energy will ensure safe work practices by contractors meeting the highest expectations. Duke Energy will also provide proper traffic management support to ensure safe operations around the site at all times.
Under North Carolina's Competitive Procurement for Renewable Energy, proposed projects must be built where there is a need for energy capacity on the Duke Energy system in North Carolina or South Carolina. The bids can come from any company, including Duke Energy, and can be in the form of power purchase agreements (PPA), utility self-developed facilities or utility asset acquisitions.
Duke Energy maintains more than 3,300 MW of solar power on its energy grid in North Carolina, which could power about 700,000 homes and businesses at peak output. The company also operates 40 solar facilities in the state. North Carolina currently ranks No. 2 in the nation for overall solar power.
With nuclear, hydro and renewable energy, more than half of North Carolina's energy mix is carbon free.
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of the largest energy holding companies in the U.S. It employs 30,000 people and has an electric generating capacity of 51,000 megawatts through its regulated utilities, and 3,000 megawatts through its nonregulated Duke Energy Renewables unit.
Duke Energy is transforming its customers' experience, modernizing the energy grid, generating cleaner energy and expanding natural gas infrastructure to create a smarter energy future for the people and communities it serves. The Electric Utilities and Infrastructure unit's regulated utilities serve approximately 7.7 million retail electric customers in six states – North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky. The Gas Utilities and Infrastructure unit distributes natural gas to more than 1.6 million customers in five states – North Carolina, South Carolina, Tennessee, Ohio and Kentucky. The Duke Energy Renewables unit operates wind and solar generation facilities across the U.S., as well as energy storage and microgrid projects.
Duke Energy was named to Fortune's 2020 "World's Most Admired Companies" list, and Forbes' 2019 "America's Best Employers" list. More information about the company is available at duke-energy.com. The Duke Energy News Center contains news releases, fact sheets, photos, videos and other materials. Duke Energy's illumination features stories about people, innovations, community topics and environmental issues. Follow Duke Energy on Twitter, LinkedIn, Instagram and Facebook.
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SOURCE Duke Energy