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Duke Energy To Build Three Solar Projects In Eastern North Carolina

Stocks in this article: DUKSOL

CHARLOTTE, N.C., Nov. 25, 2013 /PRNewswire/ -- Duke Energy Renewables, a commercial business unit of Duke Energy, has begun construction of three utility-scale solar power projects totaling 30 megawatts (MW) AC in Eastern North Carolina.

(Logo: http://photos.prnewswire.com/prnh/20130322/CL81938LOGO )

The 20-MW Dogwood Solar Power Project is located in Halifax County, near Scotland Neck. The company is also building two 5-MW projects, one in Bertie County near Windsor, named Windsor Cooper Hill Solar. The other, Bethel Price Solar, is in Pitt County, near Bethel.

"We are pleased to be expanding our presence in Eastern North Carolina and bringing significant community development benefits to these counties," said Duke Energy Renewables President Greg Wolf. "The projects generate valuable tax revenue, provide supplemental income for landowners and bring clean, renewable energy to the state."

Power from these projects will be sold through long-term, fixed price contracts.

SunEnergy1, a solar design, engineering and construction company based in Mooresville, N.C., is building the photovoltaic (PV) projects, which are projected to be complete by the end of 2013.

"When the sun is shining and the plants are operating, the 30 MW of solar energy generated by the three projects will supply enough electricity to power about 6,000 homes," said Kenny Habul, CEO of SunEnergy1. "We are proud to be partnered with Duke Energy and applaud their continued commitment to bring economic growth and renewable solar power to these counties that can reap tangible benefits from the projects.

"This investment, with several hundred jobs during construction and a permanent tax base, is making a lasting impact on a large portion of Eastern North Carolina in need of stimulus," he added. "Congratulations to Duke for the vision."

The 140,000 high efficiency Virtus II PV modules for the three sites are being supplied by ReneSola. The projects consist of a mix of 72-cell 300-watt and 305-watt polycrystalline PV modules. 

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