Editor’s note: This story, which originally appeared here, is republished on Carolina Public Press through a content-sharing agreement with The Charlotte Observer.
By Bruce Henderson, The Charlotte Observer
Duke Energy Renewables has acquired three 1-megawatt solar farms near Murphy in North Carolina’s southwestern corner, bringing its statewide total to seven commercial solar projects.
The company, part of Duke Energy’s commercial businesses, bought the three photovoltaic projects from ESA Renewables LLC, which designed and built them. The portfolio consists of the 4,298-panel Murphy Farm Solar Project, which began operating in May; the 4,340-panel Wingate Solar Project, which started up in August; and the 4,242-panel Holiness Solar Project, which started operating this month.
The power from each of the solar farms is sold through Blue Ridge Mountain EMC to the Tennessee Valley Authority. The length of the power purchase agreements is 10 years. TVA will also receive the renewable energy certificates created by the projects.
All seven of Duke Energy Renewables’ commercial solar farms are outside Duke Energy’s regulated service territories.