Duke Energy begins construction of 22.6MW Speedway Solar project in North Carolina
May 28, 2021 – US-based utility company Duke Energy has commenced construction of the 22.6MW Speedway Solar project in Cabarrus County, North Carolina.
Duke Energy Sustainable Solutions, a new commercial brand and includes Duke Energy Renewables, will own, and operate the solar project.
To be located on 185 acres in Midland, North Carolina, the Speedway Solar park will feature nearly 77,000 bifacial modules from JinkoSolar, mounted on single-axis trackers.
Construction company Swinerton has been appointed to design and procure inverters, balance of plant systems and construction works of the solar power plant.
Duke Energy North Carolina president Stephen De May said: “Duke Energy is making an aggressive push to expand renewable energy, reduce carbon emissions and achieve a net-zero carbon goal for 2050. An expansion of solar power will be a key element of that effort.”
The company has secured the project in a 2017 competitive tender process held under North Carolina’s Competitive Procurement for Renewable Energy programme.
Once operational by the end of this year, the project is expected to generate enough electricity to power approximately 5,000 homes.
Additionally, the output generated by the Speedway Solar park will be sold under a 20-year power purchase agreement (PPA).
Duke Energy Sustainable Solutions president Chris Fallon said: “We’re pleased to be able to add more clean energy resources to the state. This facility will not only address the increasing clean energy needs of our communities but will also deliver significant economic benefits to Cabarrus County.”
Duke Energy currently operates more than 40 solar power projects in North Carolina.