2014

Duke Energy Renewables completes solar farm in Eastern N.C.

CHARLOTTE, N.C., Jan. 10, 2013 /PRNewswire/ -- Duke Energy Renewables, a commercial business unit of Duke Energy (NYSE: DUK), has completed construction of a 12.5-megawatt (MW) commercial-scale solar power project in Beaufort County, N.C., near Bath and Washington. The Washington White Post solar farm was placed into service in December 2012.

(Logo: http://photos.prnewswire.com/prnh/20040414/DUKEENERGYLOGO )

"This project fits well with our mission to provide affordable and increasingly clean energy to North Carolina," said Duke Energy CEO Jim Rogers. "As a merged company, we are delighted to build on Progress Energy's proud history of service and involvement in eastern North Carolina. The Washington White Post solar project further demonstrates our commitment to continuing this legacy."

North Carolina Eastern Municipal Power Agency (NCEMPA) is purchasing the electricity generated at the solar farm through a 15-year agreement. The site has the ability to produce enough electricity to power about 3,000 homes.

"With the 11 MW of commercial solar power we already generate in North Carolina, the Beaufort County facility more than doubles our solar capacity in the state," said Duke Energy Renewables President Greg Wolf. "In fact, it is our largest solar power project in the eastern United States."

Duke Energy Renewables contracted with SunEnergy1, a solar design, engineering and construction company based in Mooresville, N.C., to build the 53,000-panel photovoltaic project.

"We're proud that our partnership with Duke Energy Renewables generated more than 125 local jobs in Beaufort County during construction and that those workers brought the project in on time and on budget," said Kenny Habul, SunEnergy1 chief executive officer. "We're also pleased that the solar project allowed us to make much-needed investments in the local economy by purchasing supplies, services, materials and heavy-duty construction equipment."

SunEnergy1 designed the solar array and will continue to handle operations, monitoring and maintenance of the system.

Other North Carolina companies involved in the project include:Deatwyler Clean Energy of Huntersville, N.C.; Bosch Solar Energy from Mooresville, N.C.; and the Sustainable Energy Community Development Company based in Davidson, N.C.

The Washington White Post Solar Power Project is Duke Energy Renewables' 14th wholly owned commercial solar farm. In addition to this 12.5-MW Beaufort County facility and the 5-MW Murfreesboro Solar Power Project in eastern North Carolina, Duke Energy Renewables owns six 1-MW solar facilities in the western part of the state.

Since 2007, Duke Energy has invested more than $2.5 billion to grow its commercial wind and solar business.

About Duke Energy Renewables
Duke Energy Renewables, part of Duke Energy's Commercial Businesses, is a leader in developing innovative wind and solar energy generation projects for customers throughout the United States. The company's growing portfolio of commercial renewable assets includes 13 wind farms and 14 solar farms in operation in nine states, totaling more than 1,300 megawatts in electric-generating capacity. Learn more at www.duke-energy.com/renewables.

Headquartered in Charlotte, N.C., Duke Energy is a Fortune 250 company traded on the New York Stock Exchange under the symbol DUK. More information about the company is available on the Internet at: www.duke-energy.com.

About North Carolina Eastern Municipal Power Agency (NCEMPA)
NCEMPA consists of 32 cities and towns in eastern North Carolina, including some of the largest cities in the region, that own and operate their electric systems. NCEMPA was formed in 1982 and provides wholesale power to its 32 participants.

About SunEnergy1
SunEnergy1 offers comprehensive solar technology, cool roofing, and LED lighting solutions. Our experienced team, paired with established relationships with reputable resources, provides clients with fully integrated system processes from project conception and preliminary design to post-construction testing, commissioning and maintenance. SunEnergy1 is based in Mooresville, N.C.

MEDIA CONTACT

Duke Energy

Tammie McGee

980-373-8812


24-Hour

800-559-3853

SOURCE Duke Energy



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