Duke Energy : Acquires 144-Megawatt Solar Project From Recurrent Energy

By Michael Dabaie

Duke Energy Renewables said it acquired the 144-megawatt Pflugerville Solar project from Recurrent Energy, a subsidiary of Canadian Solar Inc.

The project is under construction in Travis County, Texas, and is expected to achieve commercial operation in mid-2021, the subsidiary of Duke Energy Corp. said. The energy generated from the project will be sold to Austin Energy under a 15-year power purchase agreement.

This is the fifth utility-scale project that Duke Energy Renewables has acquired from Recurrent Energy, including the Rambler Solar project in Texas, which reached commercial operation in 2020.

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(END) Dow Jones Newswires

01-07-21 0914ET