Duke solar cup running over
Bids received for nearly three times the 300MW capacity sought in RFP
Duke Energy has had an overwhelming response to its request for proposals for 300MW of new solar.
The company received bids for nearly three times the capacity being sought in its Duke Energy Carolinas and Duke Energy Progress territories.
"The strong response to our RFP reflects on the healthy solar market in North Carolina," said renewable generation development vice-president Rob Caldwell. "This RFP could allow Duke Energy to practically double its overall solar capacity in the state."
The RFP, which targeted projects of 5MW and above, was designed to help the territories reach their respective North Carolina Renewable Energy and Energy Efficiency Portfolio Standards requirements and also allows the company to further diversify its resource mix in the Carolinas.
The RFP gave bidders the flexibility to offer power and associated renewable energy certificates and/or to provide a turnkey proposal through which Duke Energy would acquire the new facility.
Caldwell said the company is “thoroughly evaluating each proposal” and hopes to be able to select the winning projects and complete negotiations by 1 October.
He added that all selected projects should be online by end- 2015.
Image: the RFP will help Duke diversify its resource mix in the Carolinas (Duke Energy)