The investment will be used over 18 months to fund a diverse portfolio of approximately 75 MW of solar and solar-plus-storage projects to be developed and constructed by Duke Energy Renewables' subsidiary REC Solar. Projects will feature ground-mount and rooftop commercial and industrial projects, as well as community solar projects in several states.
Duke Energy Renewables, a non-regulated unit of Duke Energy, operates U.S. wind and solar generation facilities totaling 3,000 MW as well as energy storage and microgrid projects.
(Source: Duke Energy News Center, Website, 18 Aug., 2020) Contact: Duke Energy Renewables, Chris Fallon, (704) 594-6200, email@example.com, www.duke-energy.com; REC Solar, www.recsolar.com
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