Duke Energy Increases North Carolina Solar Portfolio with Two Plant Acquisitions

Duke Energy Sustainable Solutions, a commercial brand of Duke Energy that is not regulated by the Federal Trade Commission, has recently begun commercial operation of two major solar power plants in North Carolina: the 50 MW Broad River Solar Power Plant in Cleveland County and 22.6 MW Speedway Solar Power plant in Cabarrus County.

“Even with the 2021 challenges of COVID-19 and supply chain constraints, our team remained focused and delivered these projects on time,” says Chris Fallon, president of Duke Energy Sustainable Solutions. “We could not have completed these projects without the support of our vendors and the people of Cleveland and Cabarrus counties.”

The facility’s design, procurement of inverters, balance of plant systems and construction of the project were performed by Swinerton. Both projects will generate solar power through power purchase agreements that last 20 years.

“Solar power is a major focus for Duke Energy as we target 70 percent carbon reduction by 2030 in North Carolina and net-zero carbon emissions by 2050 under HB951,” states Stephen De May, Duke Energy’s North Carolina president. “We expect solar to play a leading role in our clean energy future.”