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

October 29, 2026
Nextpower has reported net income of US$165 million and revenue of over US$1.1 billion in its results for the quarter ending 2 October.
October 29, 2026
First Solar has inaugurated the first 1.7GW phase of its US$330 million manufacturing facility in Gaffney, Cherokee County, South Carolina.
October 29, 2026
Illinois solar sector has seen developments involving Arevon, Standard Solar, Generate Capital and TurningPoint Energy.
October 28, 2026
Enphase Energy has reported Q3 revenue of US$293.3 million, up less than 1% from US$291.9 million in the previous quarter.
October 28, 2026
Corning reported a 37% year-on-year increase in solar segment sales to US$436 million in the third quarter of 2026.
October 28, 2026
Maryland governor Wes Moore has announced the launch of 'Megawatts for Maryland', a US$200 million clean energy auction programme.

Upcoming Events

Solar Media Events
November 3, 2026
Málaga, Spain
Solar Media Events
November 24, 2026
Warsaw, Poland
Solar Media Events
February 2, 2027
London, UK
Solar Media Events
April 20, 2027
Istanbul, Türkiye