{"id":1004141185,"date":"2016-04-08T12:18:31","date_gmt":"2016-04-08T20:18:31","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004141185"},"modified":"2020-04-28T04:19:22","modified_gmt":"2020-04-28T12:19:22","slug":"duke-energy-expands-its-solar-portfolio-with-two-projects-from-et-capital","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/duke-energy-expands-its-solar-portfolio-with-two-projects-from-et-capital\/","title":{"rendered":"Duke Energy Expands Its Solar Portfolio with Two Projects from ET Capital"},"content":{"rendered":"

By Anca Gagiuc, Associate Editor <\/em><\/p>\n

\"Duke<\/a>

Duke Energy Renewables acquires two North Carolina solar projects from ET Capital<\/em><\/p><\/div>\n

Charlotte, N.C.<\/strong>\u2014Duke Energy Renewables<\/a> announced it has acquired two 5-megawatt solar farms<\/a> in Eastern North Carolina from ET Capital<\/a>, a member of the ET Solar Group and lead developer of the projects. The price tag of the transaction was not disclosed.<\/p>\n

The facilities are a\u00a0Hertford site,\u00a0located in Hertford, Perquimans County, and a\u00a0Long Farm project,\u00a0located in Garysburg, Northampton County; both were completed in March and will collectively generate sufficient energy to power about 2,000 homes. Power from the projects is being sold to Dominion NC Power<\/a> under 15-year agreements.<\/p>\n

“Providing the benefits of renewable energy and opportunities for local economic development in the state are important to Duke Energy<\/a>,” said\u00a0Greg Wolf, president of the Duke Energy Commercial Portfolio. “We are pleased to add these projects from ET Capital to our growing solar portfolio in\u00a0Eastern North Carolina.”<\/p>\n

“We thank\u00a0Duke\u00a0for being a trusted partner as well as a champion for renewable energy. This project completion is another example of how our partners can rely on ET Capital’s co-development platform to execute projects efficiently from inception to commercial operation,” said Boris Schubert, CEO of ET Capital.<\/p>\n

The 44,631 305-W modules for the two sites were supplied by ET Solar Group.<\/p>\n

To date, subsidiaries of Duke Energy have installed more than 400-megawatt of solar energy in North Carolina, resulting in enough to power about 80,000 average homes.<\/p>\n

Image courtesy of Duke Energy<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Duke Energy Renewables acquired two more solar facilities in Eastern North Carolina from ET Capital.<\/p>\n","protected":false},"author":237,"featured_media":1004141186,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1582,21743,21748,21783,21742,21786],"tags":[],"class_list":["post-1004141185","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-charlotte","category-deals","category-industrial","category-investment","category-latest","category-sustainability"],"acf":[],"yoast_head":"\nDuke Energy Expands Its Solar Portfolio with Two Projects from ET Capital - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/duke-energy-expands-its-solar-portfolio-with-two-projects-from-et-capital\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Duke Energy Expands Its Solar Portfolio with Two Projects from ET Capital\" \/>\n<meta property=\"og:description\" content=\"Duke Energy Renewables acquired two more solar facilities in Eastern North Carolina from ET Capital.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/duke-energy-expands-its-solar-portfolio-with-two-projects-from-et-capital\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-04-08T20:18:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-28T12:19:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/04\/4-5-16-Solar-acquistion-in-NC-DE_Solar_ElizCity_001_mid.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"650\" \/>\n\t<meta property=\"og:image:height\" content=\"366\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Anca Gagiuc\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/duke-energy-expands-its-solar-portfolio-with-two-projects-from-et-capital\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/duke-energy-expands-its-solar-portfolio-with-two-projects-from-et-capital\/\",\"name\":\"Duke Energy Expands Its Solar Portfolio with Two Projects from ET Capital - 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