Duke Energy Acquires Pike Solar to Expands its Colorado Solar Footprint

  • Duke Energy Sustainable Solutions has acquired Pike Solar.
  • Pike Solar will provide 175 MW of capacity to Colorado Springs Utilities under a 17-year agreement. 

Duke Energy Sustainable Solutions (DESS), an unregulated commercial brand of Charlotte-based Duke Energy, has acquired Pike Solar, a solar power plant built to serve Colorado Springs Utilities’ customers. 

DESS acquired the solar project from Germany-based JUWI Inc. JUWI will be responsible for the project’s engineering, procurement and construction. DESS will procure solar modules.

JUWI and DESS will each have operation and maintenance responsibilities. With this addition, DESS has three solar projects in Colorado, totalling 248 MW.

Pike Solar is intended to provide 175 MW of capacity to Colorado Springs Utilities under a 17-year agreement. 

The solar plant is under construction, with recent activities focused on civil work and racking installation. The array is slated to enter service in late 2023.

Duke Energy Sustainable Solutions provides wind, solar, backup power and managed energy services to some 1,000 projects across the U.S., with a total electric capacity of more than 5,100 MW of unregulated renewable energy.

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