Phoenix Solar AG (PS4) agreed to build a 32-megawatt photovoltaic power plant for Duke Energy Corp., which is seeking to add 300 megawatts of generating capacity.
Construction on the Fayetteville, North Carolina project will begin in early 2015 on 300 acres of farmland, Sulzemoos, Germany-based Phoenix said today in a statement. It will supply power to Duke customers in the state,
Duke, the largest U.S. utility owner by market value, said last week it would spend $500 million to build three solar farms in North Carolina and to buy power from five more in the state.
The Fayetteville project is part of a 300-megawatt request for proposals Duke issued in February.
Source: http://www.bloomberg.com/news/2014-09-25/phoenix-solar-to-build-32-megawatt-plant-for-duke-energy.html
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