Duke Acquires 144-Megawatt Solar Project From Recurrent Energy
January 07 2021 - 9:29AM
Dow Jones News
By Michael Dabaie
Duke Energy Renewables said it acquired the 144-megawatt
Pflugerville Solar project from Recurrent Energy, a subsidiary of
Canadian Solar Inc.
The project is under construction in Travis County, Texas, and
is expected to achieve commercial operation in mid-2021, the
subsidiary of Duke Energy Corp. said. The energy generated from the
project will be sold to Austin Energy under a 15-year power
purchase agreement.
This is the fifth utility-scale project that Duke Energy
Renewables has acquired from Recurrent Energy, including the
Rambler Solar project in Texas, which reached commercial operation
in 2020.
Write to Michael Dabaie at michael.dabaie@wsj.com
(END) Dow Jones Newswires
January 07, 2021 09:14 ET (14:14 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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