Duke Energy Plans Two 74.9-Megawatt Solar Facilities in Florida
28 January 2020 - 5:52AM
Dow Jones News
By Colin Kellaher
Duke Energy Corp. (DUK) on Monday unveiled plans for a pair of
74.9-megawatt solar power plants in Florida as part of a $1
billion, five-year solar program in the Sunshine State.
The Charlotte, N.C., utilities holding company said the plants
will each consist of about 235,000 tracking solar panels and will
each be capable of producing enough electricity to power roughly
23,000 homes at peak output.
Duke said it expects to break ground on the plants in March,
with completion slated for late 2020.
Duke, which is investing $1 billion to build or acquire 700
megawatts of solar power facilities between 2018 and 2022, said it
will have almost 370 megawatts under construction or in service by
the middle of the year. The company said it is planning for another
1,500 megawatts of solar generation through 2028.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
January 27, 2020 13:37 ET (18:37 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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