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Duke Energy Renewables acquires solar projects in Georgia

Published by
Energy Global,


Duke Energy Renewables, a subsidiary of Duke Energy, has announced that it has completed the acquisition of the final project in a portfolio developed with Inman Solar Inc., totalling 20 MW ac.

The projects are in construction or have begun commercial operations across central Georgia, US, under Georgia Power's Renewable Energy Development Initiative (REDI).

These projects bring Duke Energy Renewables, operating through its REC Solar business unit, to 47.4 MW ac of distributed solar projects in Georgia.

The nine solar projects are expected to contribute US$11.5 million in leasing and taxes to local communities. A total of 81 060 solar panels will be used in the projects. The last site is expected to reach commercial operations by the end of March 2020.

Each project was developed under an engineering, production and procurement agreement between REC Solar and Inman and a 30- or 35-year power purchase agreement with Georgia Power, selling all energy and renewable attributes to Georgia Power as a part of its REDI Distributed Generation

The nine projects in the portfolio include:

Read the article online at: https://www.energyglobal.com/solar/23012020/duke-energy-renewables-acquires-solar-projects-in-georgia/

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