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June 8, 2021

Duke Energy starts building 250MW solar farm in Texas

The solar facility will be the largest in Duke Energy Sustainable Solutions’ fleet upon completion.

By Umesh Ellichipuram

Duke Energy’s nonregulated commercial brand, Duke Energy Sustainable Solutions, has begun the construction of a 250MW solar project in Navarro County, Texas.

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Delve into the renewable energy prospects for Morocco

In its new low greenhouse gas (GHG) emission strategy to 2050, submitted to the United Nations (UN), the Ministry of Energy Transition and Sustainable Development (MEM) of Morocco suggested to raise the share of renewable capacity in the country’s total power installed capacity mix to 80%.   Morocco currently aims to increase the share of renewables in total power capacity to 52% by 2030. The new strategy plans to increase the share of renewable capacity to 70% by 2040 and 80% by 2050.  GlobalData’s expert analysis delves into the current state and potential growth of the renewable energy market in Morocco. We cover: 
  • The 2020 target compared to what was achieved 
  • The 2030 target and current progress 
  • Energy strategy to 2050 
  • Green hydrogen 
  • Predictions for the way forward  
Download the full report to align your strategies for success and get ahead of the competition.   
by GlobalData
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Located outside Dallas, the Pisgah Ridge Solar facility will generate enough clean energy to power around 63,000 homes in the state.

Once operational, it will be the largest utility-scale solar facility in the company’s portfolio.

Pharmaceutical company Charles River Laboratories International has signed a 15-year virtual power purchase agreement (VPPA) for 102MW of the project’s capacity.

The VPPA will provide green energy for Charles River’s entire electric power load in North America by 2023.

Duke Energy Sustainable Solutions president Chris Fallon said: “We’re excited to continue to grow our Texas solar portfolio, which will provide additional energy resources for the citizens of Texas to help meet their growing demand and need for more diverse energy infrastructure.

“This project demonstrates how we can address the community’s need for clean energy resources while providing unique sustainability solutions for customers like Charles River.”

Charles River environment, health and safety (EHS) and sustainability senior director Gregg Belardo said: “This VPPA is the first step toward our commitment to source fully renewable electricity worldwide by 2030.

“The benefits of the Pisgah Ridge Solar project move us substantially closer to achieving that goal.”

In addition to Charles River, two other undisclosed firms have signed 15-year VPPA agreements for the remaining 148MW of the Pisgah Ridge Solar project’s capacity.

Engineering and construction works for the project will be handled by construction company Moss.

Duke Energy Sustainable Solutions will own and operate the project upon completion, which is expected by the end of next year.

During its construction phase, the Pisgah Ridge Solar project will generate almost 300 jobs.

Last month, Duke Energy reported a net income of $992m for the first quarter of the year, compared to $938m in the same quarter of last year.

The company reported earnings per share (EPS) of $1.25 and adjusted EPS of $1.26, compared to $1.24 and $1.14 respectively a year earlier.

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Delve into the renewable energy prospects for Morocco

In its new low greenhouse gas (GHG) emission strategy to 2050, submitted to the United Nations (UN), the Ministry of Energy Transition and Sustainable Development (MEM) of Morocco suggested to raise the share of renewable capacity in the country’s total power installed capacity mix to 80%.   Morocco currently aims to increase the share of renewables in total power capacity to 52% by 2030. The new strategy plans to increase the share of renewable capacity to 70% by 2040 and 80% by 2050.  GlobalData’s expert analysis delves into the current state and potential growth of the renewable energy market in Morocco. We cover: 
  • The 2020 target compared to what was achieved 
  • The 2030 target and current progress 
  • Energy strategy to 2050 
  • Green hydrogen 
  • Predictions for the way forward  
Download the full report to align your strategies for success and get ahead of the competition.   
by GlobalData
Enter your details here to receive your free Report.

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