http://www.newenergyworldnetwork.com/investor-news/renewable-energy-news/by-technology/solar/duke-acquires-three-pv-plants-in-north-carolina.html

 

US power company Duke Energy has acquired three 1MW photovoltaic (PV) plants in North Carolina from ESA Renewables for an undisclosed sum.

 

Following the purchase, Duke now owns seven solar facilities in the state with a combined capacity of 11MW. The latest acquisitions are supported by ten year power purchase agreements with the Tennessee Valley Authority utility.

Duke has been investing more heavily in wind energy this year and in September the company unveiled plans to build a 202MW wind farm in Texas. The construction is part of a two stage development that will create a 402MW facility, set to be one of the largest in the US. Both sites of the Los Vienos project are expected to be complete by the end of next year.

In the same month, the company announced that it will build, own and operate a 69MW wind farm in Pennsylvania .