Duke Energy Renewables Acquires Its First Colo. Solar farm

Posted by Joseph Bebon on December 08, 2016 No Comments
Categories : Projects & Contracts

Duke Energy Renewables has acquired the 13 MW Victory Solar Power Project in Adams County, Colo., from developer juwi Inc.

“Victory is our first solar project in Colorado, where we already have an operating wind energy site,” notes Rob Caldwell, president of Duke Energy Renewables and Distributed Energy Technology. “It’s the 50th solar project in our growing U.S. renewables footprint, and juwi’s high-quality site marks another milestone in expanding our solar presence in the western part of the country.”

The Sedalia, Colo.-based Intermountain Rural Electric Association (IREA) is purchasing the electricity generated by the project under a 25-year agreement. The solar site began operating this week and can power about 2,600 average homes.

“IREA has been tremendous to work with throughout all stages of this project and should be praised for its leadership in bringing clean, safe and reliable energy to its customers,” says Michael Martin, CEO of juwi Inc. “We are particularly excited to have played a role in delivering a major industry player like Duke Energy its first utility-scale solar project in our home state of Colorado.”

“IREA is pleased to have worked with juwi to bring this facility into production ahead of schedule,” adds IREA CEO Patrick Mooney. “We look forward to Duke Energy providing clean renewable energy to IREA’s customers for years to come.”

The Victory site was built by juwi’s construction affiliate, JSI Construction Group LLC, and JSI O&M Group LLC will be performing operations and maintenance services. The project consists of 47,880 ground-mounted panels.

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