DUK Duke Energy Corp New

By Chris Wack

Duke Energy Renewables, a subsidiary of Duke Energy (DUK), said Thursday its 100-megawatt Lapetus Solar project in Andrews County, Texas, began commercial operation in December.

The company said this is its second solar project in commercial operation in Texas and the first large-scale solar project in Andrews County.

The project, which Duke Energy Renewables acquired from 7X Energy in February 2019, employed as many as 240 individuals during the peak construction period. It contains more than 340,000 solar panels.

Duke Energy Renewables said energy generated from the Lapetus Solar project will be delivered to the ERCOT grid and is being sold under three multiyear power purchase agreements to Brazos Electric Power Cooperative Inc. on behalf of CoServ Electric and seven other distribution cooperative members.

Duke Energy said it is on track to own or purchase 8,000 megawatts of wind, solar and biomass energy by the end of 2020.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

January 30, 2020 10:35 ET (15:35 GMT)

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