Duke Energy Renewables Acquires Two 20-MW Solar Projects in California

Duke Energy Renewables, a commercial business unit of Duke Energy, today announced its acquisition of two 20-MWac California solar projects from renewable energy developer Infigen Energy.

Duke EnergyThe construction-ready Pumpjack and Wildwood Solar Power Projects, located in Kern County near Bakersfield, represent Duke Energy Renewables’ third and fourth utility-scale solar power projects in the state. Once the projects are complete, the company will own and operate more than 65 megawatts of solar power in California.

“The acquisition of Pumpjack and Wildwood will more than double our solar power capacity in California,” said Duke Energy Renewables President Greg Wolf. “We’re pleased to provide an increasing supply of affordable, clean energy to the nation’s number one solar market.”

The solar energy generated from the two projects will be sold through 20-year power purchase agreements with Southern California Edison.

Infigen’s U.S. CEO, Craig Carson, said, “We are very pleased that our first development efforts in solar PV have succeeded in bringing together strong counterparties such as Southern California Edison and Duke Energy. We expect that the experience gained and the relationships created through these solar projects will deliver significant benefits for our future development opportunities.”

In 2013, Duke Energy Renewables built the 21-MW Highlander Solar Power Project in Twentynine Palms and acquired the 4.5-MW Sunset Reservoir project in San Francisco. Within the year, once Pumpjack and Wildwood reach commercial operation, the projects will push Duke Energy Renewables’ total U.S. installed solar capacity to 185 MW at 23 utility-scale facilities across the country.

In 2011, INDU, a partnership between Duke Energy Renewables and Integrys Energy, constructed eight 1-MW rooftop solar projects in southern California.

— Solar Builder magazine

[source: http://solarbuildermag.com/news/duke-energy-renewables-acquires-two-20-mw-solar-projects-california/]


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