Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.

Indicators

Duke Energy unit expands its Colorado solar footprint

By: Green Power RSS Feed

January 18, 2023 at 11:14 AM EST

Pike Solar is intended to provide 175 MW of capacity to Colorado Springs Utilities under a 17-year agreement.

Duke Energy Sustainable Solutions said it acquired Pike Solar, a solar power plant being built to serve customers of Colorado Springs Utilities. DESS is an unregulated commercial brand of Charlotte-based Duke Energy.

DESS acquired the solar project from Germany-based JUWI Inc. JUWI will be responsible for the project’s engineering, procurement and construction. Solar modules will be procured by DESS.

JUWI and DESS will each have operation and maintenance responsibilities. With this addition, DESS has three solar projects in Colorado totaling 248 MW.

Pike Solar is intended to provide 175 MW of capacity to Colorado Springs Utilities under a 17-year agreement.

The solar plant is under construction with recent activities focused on civil work and racking installation. The array is slated to enter service in late 2023.

Duke Energy Sustainable Solutions provides wind, solar, backup power and managed energy services to some 1,000 projects across the U.S., with a total electric capacity of more than 5,100 MW of unregulated renewable energy.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security. All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.
Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.