Duke Energy Looking to Buy 50MW of Solar Power From Developers

Duke Energy has issued a request for proposals for up to 50 megawatts of new solar energy capacity in North Carolina.

Solar projects that have a capacity of 2MW or more would be tied to the company’s Green Source Rider program which allows large customers of Duke Energy Carolinas to supply new electricity load with renewable energy.

It gives developers the opportunity to sell power for up to 15 years, or to negotiate with Duke Energy for the utility to acquire ownership of the new facilities. Final selection will be based on pricing, customer preference and other considerations.

Duke Energy would like the projects to be online by the end of 2015, but will consider projects with a 2016 delivery date. The RFP is limited to projects that are in the company’s current transmission and distribution queue. Duke Energy will give preference to projects in the latter stages of development.

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