Duke Energy is considering additional investments in solar projects in Florida and the Carolinas as it reels from a US$1.6 billion expense related to the cancellation of the Atlantic Coast Pipeline (ACP).
Dominion Energy has acquired a 72MW PV project from First Solar that is expected to enter service in late 2019. The installation will provide power and renewable energy attributes under a Dominion Energy South Carolina contract that was previously filed and accepted in South Carolina.
Pine Gate Renewables has started construction on Bowman Solar, a 101MW PV project spanning 263 hectares in Orangeburg County, South Carolina. Once completed, the site will be one of the largest solar projects in the state.
Santee Cooper and North Carolina Renewable Energy (NCRE) have signed off on a power purchase agreement (PPA) that will add 75MW of renewable energy to Santee Cooper’s generation mix, according to the Cherokee Tribune & Ledger-News.
Following an independent evaluation process, Duke Energy is set to produce or purchase a total of 602MW of renewable energy from projects under North Carolina’s Competitive Procurement of Renewable Energy (CPRE) programme.
Duke Energy Carolinas, a subsidiary of Duke Energy, has issued a US$1 billion in green bond in order to finance clean energy projects, including solar and energy storage plants in North and South Carolina.