GreenCo and NCEMC connect with Duke Energy to procure RECs and electricity from NC solar project

January 24, 2011
Facebook
Twitter
LinkedIn
Reddit
Email

The Murfreesboro Solar Project has not broken ground yet, but that has not stopped GreenCo Solutions and the North Carolina Electric Membership Corporation (NCEMC) from announcing their intent to buy renewable energy certificates (REC) and electricity, respectively, from the solar project that Duke Energy acquired from SunPower in December 2010.

SunPower has designed and will construct the solar PV system using 20,000 of its high-efficiency crystalline silicon solar panels on SunPower T0 Tracker technology. The 6.4MW (DC) solar project is expected to break ground this spring outside of Raleigh, NC and be built over 37 acres, reaching completion by the end of the year.

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

“Duke Energy Renewables is committed to helping our valued customers incorporate renewable energy into their long-term plans,” said Greg Wolf, president of Duke Energy Renewables. “Through this power purchase agreement, GreenCo and NCEMC's member cooperatives have locked in renewable energy certificates and a supply of affordable, zero-emissions electricity for decades to come.”

GreenCo Solutions will procure all RECs produced by the solar facility to help its members achieve their solar power requirements as stated under North Carolina’s Renewable Energy and Energy Efficiency Portfolio Standard. GreenCo agreed to a 20-year purchase agreement with Duke Energy Renewables, part of Duke Energy’s unregulated, commercial business.

Furthermore, NCEMC will obtain the electricity produced by the solar project under a 20-year agreement.

Read Next

January 23, 2026
Suzhou Maxwell Technologies has secured a certified power conversion efficiency of 32.38% for a perovskite/silicon heterojunction (SHJ) tandem solar cell.
January 23, 2026
US renewables developer Hecate Energy has entered into a definitive business combination agreement with SPAC firm EGH Acquisition Corp (EGH).
January 23, 2026
US cadmium telluride (CdTe) thin-film solar manufacturer First Solar is facing a class action lawsuit investigation into its business practices following a downgrade in its stock.
January 23, 2026
MAHAPREIT has issued a tender for a 100MW floating solar project at the Tansa and Modak dams in Thane district, Maharashtra. 
January 23, 2026
Independent power producer (IPP) Atlas Renewable Energy has signed a solar PV power purchase agreement for a 128MWp plant in Colombia.
Premium
January 22, 2026
PV Talk: 'BESS and solar are the perfect bedfellows,' says Natasha Luther-Jones, about the potential for solar PV and BESS in Europe.

Upcoming Events

Solar Media Events
February 3, 2026
London, UK
Solar Media Events
March 24, 2026
Dallas, Texas
Solar Media Events
April 15, 2026
Milan, Italy
Solar Media Events
June 16, 2026
Napa, USA
Solar Media Events
October 13, 2026
San Francisco Bay Area, USA