Duke Energy North Carolina Solar PV Park is a 25MW solar PV power project. It is planned in North Carolina, the US. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2024. Buy the profile here.
Description
The project is being developed and currently owned by Duke Energy. The company has a stake of 100%.
Duke Energy North Carolina Solar PV Park is a ground-mounted solar project which is planned over 180 acres.
The project cost is expected to be around $25.25m.
Development status
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.
Power purchase agreement
The power generated from the project will be sold to Bank of America under a power purchase agreement for a period of 10 years. The offtake capacity is expected to be 25MW.
For more details on Duke Energy North Carolina Solar PV Park, buy the profile here.
About Duke Energy
Duke Energy Corp (Duke Energy) is an integrated energy utility that undertakes the generation, transmission, distribution and sale of electricity; transportation and sale of natural gas; and provision of related energy services in the Southeast and Midwest regions of the US. It also procures and markets electricity and fuel. The company operates power plants using a diverse mix of coal, nuclear, natural gas, oil and renewable sources. Duke Energy operates through registered subsidiaries in Indiana, Florida, Kentucky, Tennessee, North Carolina, Ohio, and South Carolina in the US. It also operates commercial power transmission business. Duke Energy is headquartered in Charlotte, North Carolina, the US.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
