Wednesday, November 16, 2011

Duke Energy Acquires 3MW Solar Projects from ESA Renewables

Duke Energy Renewables has acquired three 1 MW commercial solar projects in southwestern North Carolina from ESA Renewables. Duke now owns seven commercial solar farms in the state.

The power from each of the solar farms is sold through Blue Ridge Mountain EMC to the Tennessee Valley Authority (TVA) as part of TVA's Generation Partners program. The length of the power purchase agreements is 10 years. TVA will also receive the renewable energy certificates created by the projects.

Duke Energy Renewables purchased the portfolio of photovoltaic projects from ESA Renewables LLC, which designed and built the generation sites. The portfolio consists of the following projects:

- the 4,298-panel Murphy Farm solar project, which is sited on approximately eight acres of purchased land and achieved commercial operation in May;

- the 4,340-panel Wingate solar project, which is sited on approximately seven acres of purchased land and achieved commercial operation in August; and

- the 4,242-panel Holiness Solar Project, which is sited on approximately nine acres of purchased land and achieved commercial operation this month.

Canadian Solar manufactured all of the panels installed at the sites, and ESA Renewables will handle operations, monitoring and maintenance.

SOURCE: http://www.renewgridmag.com/e107_plugins/content/content.php?content.7596

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