Duke Energy, Sprint Ink Texas Wind Project VPPA (Ind. Report)
Charlotte, North Carolina-based Duke Energy Renewables is reporting plans to construct and own a 182 MW wind farm in Nolan County, Texas after signing a 12-year virtual power purchase agreement with communications giant Sprint for the majority of the wind farm's power production. most of the power produced by the project.
Construction on the Maryneal Windpower project -- Duke Energy Renewables' eighth announced this year -- in is expected to get underway in early 2020 for commercial production starting by year-end 2020.
(Source: Duke Energy Renewables, PR, Seeking Alpha, 18 Sept., 2019) Contact: Duke Energy Renewables, Rob Caldwell, Pres, (704) 594-6200, firstname.lastname@example.org, www.duke-energy.com
More Low-Carbon Energy News Duke Energy Renewables, Wind,
Insurer Takes Interest in Duke Energy Renewables Portfolio (M&A)
Duke Energy Renewables
Charlotte, North Carolina-based Duke Energy is reporting the closure of its previously announced sale of a minority interest in a portion of its commercial renewable energy portfolio owned and operated by its affiliate, Duke Energy Renewables, to the John Hancock Infrastructure Fund -- part of Manulife Investment Management and John Hancock Life Insurance Company.
(Source: Duke Energy PR, 6 Sept., 2019) Contact: Duke Energy Renewables, Rob Caldwell, Pres, (704) 594-6200, email@example.com
More Low-Carbon Energy News Duke Energy Renewables
, Renewable Energy
Duke, SolAmerica Commission Nine Georgia Solar Plants (Ind. Report)
Duke Energy Renewables is reporting commissioning of 9 Georgia solar power plants totaling 14.1 MW under a partnership with Atlanta-based SolAmerica Energy.
The nine projects, which range from 960 kW and 2.3 MW, were developed under an engineering, production and procurement (EPC) agreement between REC Solar, a unit of Duke Energy Renewables, and SolAmerica. The complex's 54,590 photovoltaic (PV) panels will generate electricity and renewable attributes that will be sold under a 35-year power purchase agreement (PPA) with Georgia Power, as part of the latter's Renewable Energy Development Initiative.
(Source: Duke Energy, Renewables, 26 Aug., 2019)
Contact: Solamerica Energy, 404-351-8175, www.solamericaenergy.com
; Duke Energy Renewables, Rob Caldwell, Pres, (704) 594-6200, firstname.lastname@example.org
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Duke Renewables' Largest Solar Project Now Online (Ind Report)
Duke Energy Renewables
Duke Energy subsidiary Duke Energy Renewables reports its 150-MW North Rosamond solar project in Kern County, California, has begun commercial operation. The 1188 acre, 477,000 panel solar farm will generate sufficient power for 71,000 homes and is the largest in Duke Energy Renewables' fleet.
Electric power generated from the North Rosamond solar project is being sold to Southern California Edison (SCE) under a 15-year PPA.
The facility was designed and completed by First Solar Electric California's engineering, procurement and construction subsidiary under a fixed-price EPC agreement.
(Source: Duke Energy Renewables, T&D World, 26 June, 2019) Contact: Duke Energy Renewables, Rob Caldwell, Pres, (704) 594-6200, email@example.com, www.duke-energy.com
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REC Solar to Save Calif. School District Millions (Ind. Report)
REC Solar, Duke Energy Renewables
In the Golden State, Duke Energy Renewables subsidiary REC Solar reports it is working with the Pleasanton Unified School District in Pleasanton, Calif., to utilize solar-plus-energy storage solutions to significantly cut emissions and save on energy costs.
The project will install 1 MW of solar carports and a 660 kWh battery energy storage system at Pleasanton Unified's Amador Valley High School for a $2.2 million projected energy costs savings over the term of a 25-year PPA. The installation will be financed by Duke Energy Renewables.
Duke Energy Renewables operates wind and solar generation facilities across the U.S., with a total electric capacity of 3,000 MW. (Source: Duke Energy Renewables, PR, 18 June, 2019) Contact: Duke Energy,
www.duke-energy.com; REC Solar, Matt Walz, CEO, 805.471.0085, www.recsolar.com
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Long Island's Second Iargest Solar Array Online (Ind. Report)
Duke Energy subsidiary PSEG is reporting the official launch of the 150-acre, 24.9-MW Shoreham Solar Commons solar array in Shoreham, New York.
Shoreham Solar Commons was developed by Invenergy and sold to Duke in 2017. The project generates sufficient energy for 3,500 homes while costing ratepayers about $177 million during its 20-year contract with LIPA. The project has been producing power since July.
Duke Energy Renewables presently has wind and solar projects in 22 states amounting to about 3,000 MW. MW.
(Source: Duke Energy Renewables, PSEG, NewsDay, 9 Dec., 2018) Contact: Duke Energy Renewables, Jim Parmalee, Dir. Power Resources, Chris Fallon, VP Renewables, www.duke-energy.com, www.duke-energy.com/renewable; Invenergy, Nick Matchin, Manager for Renewable Development, (312) 224-1400, www.invenergyllc.com
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Duke Energy Takes Full Control of REC Solar (M&A)
Duke Energy,REC Solar
Charlotte, N.C.-headquartered Duke Energy reports it has taken full ownership of California-based national renewable energy solutions provider REC Solar.
Duke acquired a majority interest in the company in February of 2015. Financial and other setails of the acquisition have not been disclosed.
REC Solar will be managed as an independent business unit of Duke Energy Renewables.
(Source: Duke Energy, PR, 6 Dec., 2017)
Contact: Duke Energy, Chris Fallon, VP Renewables, www.duke-energy.com, www.duke-energy.com/renewable; REC Solar, Matthew Walz, Pres., CEO, www.resolar.com
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Duke Energy Carolinas Issues Wind Capacity RFP (Ind. Report)
Duke Energy Renewables
In Charlotte, North Carolina, Duke Energy reports it has issued a Request for Proposals (RFP) to increase its wind energy capacity by the end of 2022.
The RFP process is "flexible" and open to existing or new wind generation facilities to deliver up to 500 megawatts of capacity to its transmission system, according to Duke Energy.
Duke Energy Carolinas owns 35 solar facilities in the region, but does not currently purchase wind capacity.
The addition would allow Duke Energy to comply with North Carolina's 2007 Renewable Energy and Energy Efficiency Portfolio Standard that mandates companies to add up to 12.5 pct of its energy needs through "renewable energy resources or energy efficiency measures" by 2021 and beyond. (Source: Duke Energy, Ashville Citizen Journal, Coastal Review, 15 Aug., 2017) Contact: Duke Energy Renewables and Distributed Energy Technology,
Rob Caldwell, Pres, (704) 594-6200, firstname.lastname@example.org, www.duke-energy.com
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Duke Acquires Invenergy's Shoreham Solar Commons Project (M&A)
Duke Energy Renewables,Invenergy
Duke Energy Renewables is reporting the acquisition of Invenergy's 24.9MW Shoreham Solar Commons PV project which is under construction on a former golf course near Brookhaven, Long Island, New York.
The project is slated for completion and commissioning in Q2, 2018 and has a 20-year power-purchase agreement with the Long Island Power Authority (LIPA).
(Source: Duke Energy Renewables, RE News, Others, 14 Aug., 2017) Contact:
Shoreham Solar Commons, www.shorehamsolarcommons.com; Invenergy, Michael Mulcahey, Business Development Manager, (312) 224-1400, www.invenergyllc.com; LIFA, Tom Falcone, CEO, (631) 755-6900, www.lipower.org; Duke Energy Renewables, Rob Caldwell, Pres, (704) 594-6200, email@example.com, www.duke-energy.com
More Low-Carbon Energy News LIPA, Duke Energy Renewables, Invenergy,
Duke Energy Report Stress Clean Energy Commitment (Ind. Report)
In its just released 2016 Sustainability Report, Charlotte, North Carolina-headquartered Duke Energy reports it has been diversifying its generating fleet by retiring older coal units, building state-of-the-art natural gas and coal facilities, and expanding renewables. According to the report, natural gas presently provides 28 pct of Duke Energy's electric power production while 38 pct of the electricity generated is from zero emission sources, including nuclear, hydropower, wind and solar. As a result of its system modernization, Duke Energy has slashed its CO2 emissions by more than 29 pct since 2005.
Also in the report, the company announced a new goal to lower carbon intensity, measured in pounds of CO2 released per kilowatt-hour of electricity generated, by 45 pct versus 2005 output. In 2016, the company achieved an almost 25 pct cut in carbon intensity versus 2005.
The Duke Sustainability Report also notes:
Duke is on track to meet its goal of owning or having under contract 8,000 MW of wind, solar or biomass capacity by 2020. At the end of 2016, the company had 5,400 MW;
Duke Energy remains on track as the price per kilowatt-hour of electricity remains lower than the national average in all six states the company's retail service area;
The company is on target to recycle 80 pct of its solid waste by 2018. Currently, 76 pct of the utility's solid waste is recycled.
(Source: Duke Energy, Canadian Biomass, 27 April, 2017) Contact: Duke Energy, Lynn Good, Pres., CEO, Duke Energy Renewables, Rob Caldwell, Pres., www.duke-energy.com/renewable
More Low-Carbon Energy News Duke Energy, Renewable Energy,
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