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Duke Energy Sustainable Solutions acquires solar power plant

January 19, 2023
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After the acquisition, Duke Vitality Sustainable Options has three photo voltaic initiatives in Colorado. Picture: Andreas Gucklhorn (Unsplash).

Duke Vitality Sustainable Options has acquired a brand new solar energy plant in Colorado, which is able to present 175MW of electrical energy to a separate uility’s clients within the state.

Containing greater than 414,000 photo voltaic panels, Pike Photo voltaic, situated in El Paso County and purchased from solar energy developer Juwi, is being constructed to serve clients of Colorado Springs Utilities. It’s anticipated to start operation in late 2023.

Underneath the 17-year settlement, Colorado Springs Utilities will buy the electrical energy that Pike Photo voltaic generates. In the meantime, Juwi is accountable for the engineering, procurement and building of the venture, whereas the photo voltaic modules are being procured by Duke Vitality Sustainable Options.

Each Duke Vitality Sustainable Options and Juwi will every have operation and upkeep obligations.

President of Duke Vitality Sustainable Options Chris Fallon stated: “This venture will assist the renewable vitality objectives of Colorado Springs Utilities and permit them to scale back vitality prices whereas offering various and cleaner vitality options for his or her clients.”

With the newest addition, Duke Vitality Sustainable Options has three photo voltaic initiatives in Colorado, totalling 248MW.

“The realisation of the Pike Photo voltaic venture marks one other milestone in our firm’s historical past. Pike Photo voltaic is our firm’s largest single venture worldwide. We’re happy to work with Duke Vitality Sustainable Options, Colorado Springs Utilities Board and El Paso County’s native officers so as to add extra clear and cost-effective technology in Colorado, our house base within the US,” says Juwi’s group COO Stephan Hansen.

See also  Qcells secures patterned solar glass supply agreement with CPS

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