Duke Energy completes acquisition of 150MW PV project in California from Clearway

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email
The 150MW installation is comprised of over 477,000 solar panels and is located on approximately 480 hectares of land outside of Rosamond, California. Image: Duke Energy

Duke Energy Renewables has acquired the 150MW North Rosamond solar project in Kern County, California from Clearway Energy Group. The North Rosamond installation stands as Duke Energy Renewables' sixth solar generation facility in Kern County.

Rob Caldwell, president of Duke Energy Renewables, said: “North Rosamond is a great addition to our growing solar portfolio. California is a leader in renewable energy, and we're pleased to support their efforts by continuing to provide the state with cost-efficient renewable energy to meet residents' needs.”

The 150MW installation is comprised of over 477,000 solar panels and is located on approximately 480 hectares of land outside of Rosamond, California. Construction is nearly complete, with commercial operation slated for May. The North Rosamond project will be the largest solar project in Duke Energy Renewables' portfolio, capable of powering approximately 71,000 homes.

The project employed 500 workers during its construction period, while energy generated at the site will be sold to Southern California Edison under a 15-year agreement.

The facility's design, procurement of PV modules, inverters, balance of plant systems and construction of the project is being carried out by First Solar Electric California's engineering, procurement and construction (EPC) subsidiary.

The US Bancorp Community Development Corporation, the tax credit section of U.S. Bank; M&T Bank's Commercial Equipment Finance Group; and Guardian Life Insurance Company of America provided tax equity financing to the project.

Read Next

July 26, 2021
Support for distributed energy resources (DERs) like rooftop solar, community solar and battery storage could save Californian ratepayers US$120 billion over the next 30 years, according to a new report
July 22, 2021
US Senate majority leader Chuck Schumer has failed in a bid to fast-track the US’ US$1.2 trillion infrastructure investment bill through the Senate. But there remains hope that further progress could be made as early as next Monday, when some Republican senators believe the bill will be fit to proceed.
July 21, 2021
A round-up of the latest stories from the US solar market, featuring news of EPC Signal Energy and tracker provider Nextracker being selected for a 728MW solar portfolio in Texas and California, and Longroad Energy completing a financing package for its 200MWdc solar project in Arizona.
July 16, 2021
The California Independent System Operator (CAISO) has almost 80GW of solar and 148GW of storage in its interconnection queue.
PV Tech Premium
July 15, 2021
Earlier this week the US National Renewable Energy Laboratory (NREL) published its 2021 Annual Technology Baseline (ATB) document, detailing the continued reduction in the levelised cost of electricity (LCOE) of the country’s core generators. Liam Stoker takes a look at the data and discusses just how cheap solar, and solar-storage, could become.
July 15, 2021
Falling solar wholesale prices in California mean subsidies will likely be needed to sustain the cost-effective deployment of PV in the state over the next three decades, according to a new report from research centre the Breakthrough Institute.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
August 19, 2021
At 9am (PT) | 6pm (CEST)
Solar Media Events
August 25, 2021
Solar Media Events
October 6, 2021
Solar Media Events
October 19, 2021