Duke Energy Contracts With SunEdison For 16 MW Of Solar

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Duke Energy Carolinas says it will purchase the entire electricity output of the nation's largest photovoltaic solar farm, to be built north of Charlotte, N.C. Under agreements signed with SunEdison, Duke Energy Carolinas will receive more than 16 MW of solar power beginning no later than Dec. 31, 2010. The agreements run for 20 years.

‘[These] agreements, coupled with the other significant initiatives across our company, clearly demonstrate that renewable energy has an important place in our power generation portfolio,’ says Keith Trent, group executive and chief strategy, policy and regulatory officer with Duke Energy.

The SunEdison agreements are a result of a request for proposals that Duke Energy issued in April 2007. It was the first RFP of its kind in North Carolina and was specifically designed for potential renewable providers.

SOURCE: Duke Energy

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