Duke Energy Acquires First Commercial Solar Power Project

Duke Energy Generation Services, a Duke Energy Commercial Businesses unit that owns and develops renewable power assets, plans to purchase the Blue Wing Solar Project from juwi solar Inc., based in Boulder, Colo.

The 14 MW project will consist of 214,500 ground-mounted First Solar thin-film panels. The acquisition includes a 30-year power purchase agreement to sell all of the output from the solar farm and associated renewable energy certificates to San Antonio, Texas-based CPS Energy.

Construction will follow the close of the acquisition, which is expected this quarter. The 139-acre project is expected to be completed and operational by the fourth quarter. No other terms were disclosed.

Blue Wing will be the first commercial solar power project Duke Energy will own and operate.

SOURCE: Duke Energy

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