Innogy acquires two US projects with Duke Energy PPAs

Facebook
Twitter
LinkedIn
Reddit
Email
North Carolina is expected to be a hotspot for solar. Credit: innogy/Belectric

Garmen firm innogy SE, a subsidiary of the utility RWE, has acquired stakes in two solar projects in North Carolina totalling 10MW capacity.

These are the company's first such projects in the US as it looks to expand its renewables activity in this region, having partnered with locally-based developer Birdseye Renewable Energy last June. Birdseye specialises in the greenfield development of utility-scale solar facilities.

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

Construction of the two plants will begin in Q2 2019, with commissioning targeted for Q4. They will generate power to supply the equivalent of more than 2,000 US homes. The 15-year power purchase agreements (PPAs) have been signed with Duke Energy Progress, a subsidiary of major local utility Duke Energy.

Thorsten Blanke, head of Solar at innogy SE, said: “With Tamworth and Tanager we now realise the first two projects from our US solar development pipeline. And not just anywhere, but in North Carolina, which is expected to be a hotspot for solar due to its high solar irradiance, competitive cost environment, growing appetite for renewables and positive macroeconomic outlook.”

Innogy is also progressing its onshore wind activity in the US, having taken a Final Investment Decision (FID) for the 250MW Scioto Ridge onshore wind farm located in Hardin and Logan Counties, Ohio, last November. The company is also active in the solar space globally have recently acquired 50MW from Primus in Germany, and working on more than 100MW of subsidy-free projects in Spain and Alberta, Canada. It has also started construction of the 349MW Balnarald solar farm in New South Wales.

Read Next

May 14, 2026
MN8 Energy has raised US$300 million to extend a corporate credit facility that will build out its pipeline of US solar and storage projects.
May 14, 2026
Canadian Solar has posted a quarter-on-quarter decline in both solar module shipments and net revenues in the first quarter of 2026.
May 14, 2026
Arava Power has acquired 50% of OCI Energy’s La Salle Solar project, a 670MW project that OCI expects to start commercial operations in 2028.
May 13, 2026
US solar manufacturer T1 Energy has registered a record quarterly net income and adjusted EBITDA in the first quarter of 2026.
May 13, 2026
RWE has commissioned its 273.6MW Emily Solar project in Illinois, taking the developer’s operating renergy portfolio in the state to 1GW. 
May 13, 2026
Meta has signed PPAs totalling 850MW with IPP DESRI, covering solar and battery storage projects across Oklahoma, Texas and Mississippi. 

Upcoming Events

Solar Media Events
May 20, 2026
Porto, Portugal
Upcoming Webinars
May 27, 2026
9am BST / 10am CEST
Upcoming Webinars
May 27, 2026
9am BST / 10am CEST
Media Partners, Solar Media Events
June 3, 2026
National Exhibition and Convention Center (Shanghai)
Solar Media Events
June 16, 2026
Napa, USA