STRATEGY AND BEST PRACTICES
Duke Energy | September 01, 2022
With the completion of a new 74.9-megawatt (MW) solar facility in Hardee County, Duke Energy reached a significant milestone – it has delivered on its commitment to provide 700 MW of clean energy to Florida customers.
The Charlie Creek Solar Power Plant is the last of 10 solar sites that are part of the company's multiyear plan on file with the Florida Public Service Commission to deliver 700 MW of solar generation from 2018 through 2022.
Elected officials and community leaders joined Duke Energy today at a commemorative ribbon cutting and solar panel signing ceremony at 10:30 a.m. to celebrate this significant milestone and grand opening of the new site.
"Today we are delivering on our promise to build a cleaner, brighter energy future for our customers, By 2024, we plan to provide 1,500 MW of solar generation as part of our ongoing strategy to offer cleaner, smarter energy solutions that will benefit all Florida customers."
-Melissa Seixas, Duke Energy Florida state president.
In addition to carbon reduction and the benefits of creating a diverse energy infrastructure, solar development fosters economic development and job creation in the areas that Duke Energy serves. During construction, the projects brought nearly 2,400 temporary construction jobs to the area.
All 10 solar facilities are located throughout Florida, as far south as Highlands County and as far north as Hamilton County. At peak output, the sites will generate enough energy to effectively offset the carbon emissions that would be equivalent to consuming about 140 million gallons of gasoline every year.
The 10 solar power plants under this commitment include:
Hamilton (completed December 2018) in Hamilton County. Click here for video.
Trenton (completed December 2019) in Gilchrist County. Click here for video.
Columbia (completed March 2020) in Columbia County. Click here for video.
DeBary (completed June 2020) in Volusia County. Click here for video.
Twin Rivers (completed March 2021) in Hamilton County. Click here for video.
Santa Fe (completed March 2021) in Columbia County. Click here for video.
Duette (completed November 2021) in Manatee County. Click here for photos.
Lake Placid (completed December 2021) in Highlands County. Click here for video.
Sandy Creek (completed May 2022) in Bay County. Click here for video.
Charlie Creek (completed August 2022) in Hardee County. Click here and here for videos.
Solar generation commitment
With a combined investment of more than $2 billion, Duke Energy Florida's solar generation portfolio will include 25 grid-tied solar power plants, which will benefit all Florida customers and will provide about 1,500 MW of emission-free generation from approximately 5 million solar panels by 2024. Over the next decade, the company will continue to make innovative and targeted investments in additional solar power plants, battery storage technology, community solar, transportation electrification and a modernized power grid to help meet customers' needs for diverse, reliable energy solutions.
Duke Energy Florida
Duke Energy Florida, a subsidiary of Duke Energy, owns 10,300 megawatts of energy capacity, supplying electricity to 1.9 million residential, commercial and industrial customers across a 13,000-square-mile service area in Florida. Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. Its electric utilities serve 8.2 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 50,000 megawatts of energy capacity. Its natural gas unit serves 1.6 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky. The company employs 28,000 people. Duke Energy is executing an aggressive clean energy transition to achieve its goals of net-zero methane emissions from its natural gas business and at least a 50% carbon reduction from electric generation by 2030 and net-zero carbon emissions by 2050. The 2050 net-zero goals also include Scope 2 and certain Scope 3 emissions. In addition, the company is investing in major electric grid enhancements and energy storage, and exploring zero-emission power generation technologies such as hydrogen and advanced nuclear. Duke Energy was named to Fortune's 2022 "World's Most Admired Companies" list and Forbes' "America's Best Employers" list. More information is available at duke-energy.com. The Duke Energy News Center contains news releases, fact sheets, photos and videos. Duke Energy's illumination features stories about people, innovations, community topics and environmental issues. Follow Duke Energy on Twitter, LinkedIn, Instagram and Facebook.
STRATEGY AND BEST PRACTICES
OYA Renewables | August 25, 2022
Today marks a new era for OYA, with the rebranding of OYA Solar to OYA Renewables. This change reflects OYA Renewable's broadening scope and scale as an energy transition solutions platform leading the transition to net zero. OYA's vision to enable a zero-carbon future is supported by its mission to deliver long-term clean energy solutions to clients and provide economic benefits to the local communities it serves.
With an exceptional track record as a solar developer, OYA has developed over 1,440 MWDC and has a pipeline of 6 GW of utility-scale, distributed, and community solar projects across North America. OYA anticipates placing an additional 1 GW in operation and reaching 15 GW in our pipeline by 2026.
"Our rebranding is both an affirmation of what we have accomplished to date and what we are firmly focused on achieving in the near future, As OYA Renewables continues to execute against its strategy of leading the renewable energy transition in North America, we expect to integrate other renewable energy solutions and expand our portfolio to include other clean technologies. Most corporations, municipalities and other organizations now urgently recognize the need to accelerate their path to net zero and are increasingly looking for a partner with the capabilities to support all their renewable energy objectives.
-Manish Nayar, Founder and Chairman of OYA Renewables.
At OYA, we are doing just that, continues Manish. Whether it is through electric vehicle charging solutions, developing solar energy storage, building large-scale solar, or providing access to clean energy for underserved communities, we are deepening our footprint in the renewable energy industry.
OYA Renewables is a top 10 solar developer of community solar projects in the United States, and second in the State of New York according to New Project Media market analysis. Since its inception in 2009, OYA has developed 1,440 MW in the community and utility-scale solar markets across Canada and the United States. Now, with a pipeline of over 6 GW across 14 states, OYA is quickly, but strategically widening its geographical footprint in the United States to support local and federal governments, companies, and communities to achieve a 40% reduction in emissions by 2030 and a net-zero future by 2050.
About OYA Renewables
OYA Renewables is leading the renewable energy transition with an exceptional track record as a top ten community solar developer. Founded in 2009, OYA has developed over 1,440 MWDC and has a pipeline of 6 GW of distributed and utility-scale solar projects across North America. Focused on the expansion of renewable energy and the integration of other clean technologies, OYA is committed to delivering long-term clean energy solutions to clients supporting their renewable energy objectives and providing access to clean energy for underserved communities. OYA's has a highly engaged, seasoned and diverse workforce, with offices in Toronto and Boston.
Cleco Power and DESRI | August 19, 2022
Cleco Power (Cleco) and D.E. Shaw Renewable Investments (DESRI), a leading renewable energy producer in the U.S., announce a long-term renewable energy off-take agreement. The Dolet Hills Solar Project includes a 240 MWac facility to be constructed at the recently retired Dolet Hills lignite-fired power plant in DeSoto Parish, Louisiana.
The Dolet Hills Solar Project supports Cleco's growing renewable energy fleet and follows the company's recent announcement of Project Diamond Vault, a major economic development and decarbonization initiative to build a state-of-the-art carbon capture facility at its central Louisiana Brame Energy Center.
"This solar project is another step forward in Cleco's journey to becoming Louisiana's leading clean energy company,This project continues our efforts to reduce our carbon footprint while affordably and reliably serving our customers."
-Bill Fontenot, President and CEO of Cleco Corporate Holdings.
Pending project approvals, Dolet Hills will boast one of the largest solar facilities in Louisiana and will represent more than $250 million invested towards powering approximately 45,000 homes. While Dolet Hills Solar is the first power purchase agreement between the companies, DESRI's portfolio in Louisiana will now total nearly 700 MWac in construction and contracted clean power projects.
DESRI is proud to deliver low-cost, clean, reliable power to Cleco and its customers from this landmark solar energy facility," said Hy Martin, Chief Development Officer of DESRI. Alongside our partners at Cleco, the project will provide local economic benefits to DeSoto Parish and the surrounding communities for years to come. In addition, the project will replace lignite-fired electricity with renewable power sited on reclaimed mining lands.
The Dolet Hills Solar Project is expected to deliver significant community benefits, including the creation of local construction jobs and tax revenue for the Parish. When asked about the project, DeSoto Parish President, Ernel Jones, stated "Cleco has been an integral part of the DeSoto Parish community for over 70 years and we look forward to our continued partnership. At the same time, we welcome DESRI and believe the Dolet Hills Solar Project will lead the way for future economic growth in our area.
About Cleco Power, LLC
Cleco Power is a regulated electric public utility that owns nine generating units with a rated capacity of 3,035 megawatts. Assets also include 1,335 miles of transmission lines and 12,152 miles of distribution lines. Cleco Power uses multiple generating sources and multiple fuels to serve approximately 291,000 customers in 24 of Louisiana's parishes through its retail business and supplies wholesale power in Louisiana and Mississippi. Parishes served include Acadia, Allen, Avoyelles, Beauregard, Calcasieu, Catahoula, DeSoto, Evangeline, Grant, Iberia, Jefferson Davis, LaSalle, Natchitoches, Rapides, Red River, Sabine, St. Landry, St. Martin, St. Mary, St. Tammany, Tangipahoa, Vermilion, Vernon and Washington.
About D. E. Shaw Renewable Investments
D. E. Shaw Renewable Investments (DESRI) and its affiliates develop, acquire, own, and operate long-term contracted renewable energy assets in the U.S. DESRI's portfolio of contracted, operating and in-construction renewable energy projects currently includes more than 65 solar and wind projects representing more than 6 GWac of aggregate capacity. DESRI is a member of the D. E. Shaw group, a global investment and technology development firm with more than $60 billion in investment and committed capital as of June 1, 2022, and offices in North America, Europe, and Asia.