Duke Energy Sustainable Solutions (DESS) has acquired Pike Photo voltaic, a brand new solar energy plant being constructed to serve prospects of Colorado Springs Utilities. DESS acquired the photo voltaic challenge from world solar energy developer JUWI Inc.
Containing greater than 414,000 photo voltaic panels on about 1,310 acres simply outdoors the town limits of Colorado Springs, Colo., Pike Photo voltaic will present 175 MW of electrical energy to Colorado Springs Utilities prospects. That’s sufficient electrical energy to energy roughly 46,300 properties.
Below a 17-year settlement, Colorado Springs Utilities will buy the electrical energy Pike Photo voltaic generates. Below the phrases of the acquisition, JUWI is accountable for the engineering, procurement and development of the challenge. The photo voltaic modules are being procured by DESS.
JUWI and DESS will every have operation and upkeep obligations. With this addition, DESS has three photo voltaic initiatives in Colorado totaling 248 megawatts.
“We’re happy to proceed increasing our photo voltaic portfolio in Colorado,” says Chris Fallon, president of DESS. “This challenge will help the renewable power targets of Colorado Springs Utilities and permit them to scale back power prices whereas offering various and cleaner power options for his or her prospects.”
“That is an thrilling improvement for us as Pike Photo voltaic would be the largest photo voltaic facility on our system and represents a major step on our journey to diversify our power combine,” states Travas Deal, appearing CEO for Colorado Springs Utilities. “Tasks like Pike Photo voltaic are integral to our means to achieve our Power Imaginative and prescient aim of reaching 80 p.c carbon discount by 2030.”
The photo voltaic plant is below development with present actions targeted on civil work and racking set up, and is scheduled to attain business operation in late 2023.
“The belief of the Pike Photo voltaic challenge marks one other milestone in our firm’s historical past. Pike Photo voltaic is our firm’s largest single challenge worldwide. We’re happy to work with Duke Power Sustainable Options, Colorado Springs Utilities Board and El Paso County’s native officers so as to add extra clear and cost-effective era in Colorado, our dwelling base within the U.S.,” says JUWI’s Group COO Stephan Hansen.