Duke Energy Completes Two Solar Projects in Florida

Researched by Industrial Info Resources (Sugar Land, Texas)--Duke Energy Corporation (NYSE:DUK) (Charlotte, North Carolina) said Thursday it has completed two solar-power projects in Florida with a combined generating capacity of 150 megawatts (MW).

Duke Energy Florida's High Springs and Hildreth solar plants both feature 74.9 MW of solar generation at peak production and will utilize 216,000 and 220,000 photovoltaic (PV) solar panels, respectively, on a single-axis tracking system. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can see detailed reports on the High Springs and Hildreth projects.

"With a combined investment of over $2 billion, Duke Energy Florida's solar generation portfolio will include 25 grid-tied solar power plants that will benefit all of the company's 1.9 million Florida customers," the company said in a press release. "These projects will provide about 1,500 MW of emission-free generation using approximately 5 million solar panels by 2024."

Industrial Info is tracking three solar-generation projects from Duke in the Sunshine State that are under construction, each of which has a capacity of 74.9 MW. The Bay Ranch PV Solar Plant in Panama City is in the final commissioning stage and expected to wrap up in June; the Hardeetown Solar Plant in Chiefland is expected to wrap up later this month; and the Winquepin solar plant in Lee is expected to wrap up by the end of the year. Each will utilize panels manufactured by First Solar Incorporated (NASDAQ:FSLR) (Tempe, Arizona).

Subscribers can see detailed reports on the Bay Ranch, Hardeetown and Winquepin solar projects.

Industrial Info is tracking 21 solar plants attributed to Duke in Florida that are either operational, in development or under construction. Subscribers to the GMI Plant Database can click here for a full list.

Industrial Info is tracking 19 solar-power projects from Duke in the U.S., worth $2.9 billion. Click here to see more information.

These projects support Duke Energy's plan to reach a 50% reduction in carbon emissions from electricity generation by 2030, and net-zero emissions by 2050.

Among Duke's other solar projects is the 175-MW $288 million Pike solar plant in Calhan, Colorado, which the company acquired from juwi Incorporated (juwi Americas) (Boulder, Colorado) earlier this year. The plant is expected to utilize more than 414,000 PV panels, according to a related press release, and the power generated will be provided to Colorado Springs Utilities (CSU), which serves customers near Colorado Springs, under a 17-year power purchase agreement. Construction is underway, with JUWI remaining responsible for the engineering, procurement and construction. Duke is procuring the solar panels. The completion is expected next March. Click here for the project report.

Subscribers to Industrial Info's GMI project and plant databases can click here for a full list of detailed reports for projects mentioned in this article and click here for a full list of plant profiles.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).