Duke solar procurement taps 602 MW with first projects from 2017 North Carolina renewables law

North Carolina's Competitive Procurement of Renewable Energy (CPRE) program, developed as part of the state's 2017 comprehensive renewable energy law, has resulted in 14 solar projects being selected in the Carolinas via an independently judged Tranche 1 bidding process. Duke Energy announced the procurement last week, saying it will "produce or purchase" a total of 602 MW under the CPRE process. The law allows Duke to bid alongside other developers, and the utility says it was awarded six projects totaling about 270 MW. Duke did not name developers of the other eight projects in its announcement. A report by Accion Group, the independent procurement administrator, said proposals for Duke Energy Carolinas (DEC) averaged $36.93/MWh, while projects in the Duke Energy Progress territory averaged $31.24/MWh.

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