- Duke Energy’s clean energy portfolio has crossed the 10GW mark.
- The company recently completed a 144MW solar plant in Texas.
- Duke Energy will sell the energy to Austin Energy under a 15 year PPA.
Duke Energy has commissioned its 144MW Pflugerville solar PV plant in Texas, the U.S. With this latest addition, its renewable energy (wind and solar) portfolio has now reached 10GW. Brian Savoy, Duke Energy’s executive vice president, noted that the company is on track to meet its target of growing its clean energy portfolio to 16GW by 2025 and 24GW by 2030. Duke Energy has also set its sights on reducing its carbon emissions by at least 50 per cent by 2030 and achieving net-zero by 2050.
The Pflugerville solar project will sell the energy generated to Austin Energy – Austin city’s electric utility – under a 15-year power purchase agreement (PPA). Duke Energy acquired the project from Recurrent Energy, a subsidiary of Canadian Solar. The power plant comprises about 489,600 ‘Canadian Solar’ bifacial BiKu modules, which can generate enough electricity to meet the energy needs of around 27,000 homes.