Duke Energy’s 300MW request for proposals ‘three times oversubscribed’

Facebook
Twitter
LinkedIn
Reddit
Email

A request for proposals (RfP) to build 300MW of solar power plants in North Carolina issued by US electric power holding company Duke Energy has been oversubscribed by almost three times.

The company, responsible for transmission, generation and distribution of electricity as well as natural gas, issued its RfP in mid-February for photovoltaic plants of over 5MW generation capacity. Only plants already in Duke Energy’s queue of projects for interconnection as of 13 February 2014 were considered.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Selected plants must be constructed and brought online by the end of 2015, to allow for full utilisation of state energy tax credit and federal Investment Tax Credit. Duke Energy says it hopes to select projects and complete negotiations with successful parties by 1 October this year.

The added PV generation capacity will assist Duke Energy in meeting North Carolina’s Renewable Energy and Energy Efficiency Portfolio Standard (REPS).

Duke Energy is also currently involved in a dispute over a coal ash spill which took place in North Carolina in mid-February. According to US news outlets, including CBS News, up to 70 miles of the Dan River was coated with “toxic sludge.” On 1 April the New York Times reported that the company had asked a judge to “prevent citizens groups from taking part in any action that would make it clean up nearly three dozen coal ash pits in the state.”

Read Next

September 11, 2025
Founder Group has won a RM10 million (US$2.3 million) engineering, procurement, construction and commissioning contract for a 30MW solar plant in Malaysia.
September 11, 2025
German renewable energy developer ib vogt has signed a 70MW solar PV virtual power purchase agreement (vPPA) in Romania.
September 11, 2025
Madison Energy Infrastructure has raised US$800 million to accelerate the deployment of clean energy assets across the US. 
September 11, 2025
The PEARL Consortium has developed perovskite solar cells with carbon electrodes with a conversion efficiency of 21.6%.
September 11, 2025
The EBRD has launched a new programme to improve access to green financing and support energy investments such as renewable power projects.
September 11, 2025
Constant Energy has secured THB300 million (US$9.4 million) in green financing from HSBC to expand large-scale solar and battery storage projects in Thailand. 

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines