Dive Summary:
- North Carolina regulators have approved Duke Energy Renewables' plan to build a solar farm, which once completed will be the biggest solar project for the company to date.
- Duke plans to sell the 36,000 kWh produced by the project to the N.C. ElectriCities through a local municipal power company.
- While the actual cost of the project is still unknown, it is likely to cost around $60 million based on the price tags of similar solar projects the company has in the state.
From the article:
Duke Renewables has not disclosed the cost of the project. But based on the prices Duke has disclosed for smaller projects and general costs companies have been reporting for N.C. solar projects, it is likely to be in the range of $60 million.
The N.C. Utilities Commission approved the project Monday, along with plans for a 15-megawatt project that Element Power of Oregon also plans to build in Beaufort County. The latter was scaled down from an original proposal for a 40-megawatt project. Element already has gotten approval to build a 40-megawatt project in Union County, but it hasn't yet started work on any project in North Carolina. ...
