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.