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Duke Energy is an electric power holding company in the United States, with assets in Canada. The company announced the locations of its two newest solar power plants to benefit its Florida customers.
The Projects
The Twin Rivers Solar Power Plant will be built on 460 acres in Hamilton County, Fla. Once operational, the 74.9-megawatt (MW) facility will consist of approximately 235,000 tracking solar panels to power approximately 23,000 homes at peak production.
The Santa Fe Solar Power Plant will be built on approximately 600 acres in Columbia County, Fla. The 74.9-MW plant will consist of approximately 235,000 tracking solar panels to power more than 23,000 average homes at peak production.
Why It Matters
Duke Energy is encouraging renewable investments within the state and creating jobs in the solar and energy-related markets.
The Company is investing an estimated $1 billion to construct or acquire a total of 700 MW of solar power facilities from 2018 through 2022 in Florida, and planning for another 1,500 MW of solar generation through 2028.
Over the next decade, the company plans to make innovative and targeted investments in additional solar power plants, battery storage technology, shared solar, transportation electrification and a modernized power grid to help meet its customers’ needs for diverse, reliable energy solutions.
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