{"id":1004479126,"date":"2020-09-23T22:30:51","date_gmt":"2020-09-24T06:30:51","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004479126"},"modified":"2020-09-23T22:30:51","modified_gmt":"2020-09-24T06:30:51","slug":"duke-university-signs-up-for-101-mw-of-solar-with-duke-energy","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/duke-university-signs-up-for-101-mw-of-solar-with-duke-energy\/","title":{"rendered":"Duke University Signs Up for 101 MW of Solar With Duke Energy"},"content":{"rendered":"
\"\"<\/a>

Image courtesy of Duke University<\/em><\/p><\/div>\n

Duke University has set a goal to become carbon neutral by 2024. As part of the plan to achieve this objective, the university became the first academic institution to sign a renewable power agreement under Duke Energy\u2019s Green Source Advantage (GSA) program through which solar energy is further expanded in North Carolina.<\/p>\n

The university presented in 2009 its Climate Action Plan, an initiative it updated last year with a goal of reducing on-campus emissions by 84 percent by 2024 and slashing the remaining emissions through investment in carbon offsets<\/a>. The new agreement consists of 101 megawatts of solar capacity that is projected to result in a nearly 70 percent reduction in the university\u2019s carbon emissions by 2022. Moreover, these 101 megawatts will meet half of the institution\u2019s annual electricity demand.<\/p>\n

The power will be generated at three solar facilities, which are yet to be built in the state by Pine Gate Renewables in partnership with Silver Pine Energy Holdings. The solar developments are anticipated to begin commercial operation in 2022.<\/p>\n

\n

READ ALSO:<\/strong> Duke Energy Sets Net-Zero Climate Goal<\/a><\/p>\n

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The GSA program builds upon North Carolina\u2019s 2017 landmark solar legislation bill signed by Gov. Roy Cooper\u2014the Competitive Energy Solutions for North Carolina\u2014which proposed 2.6 gigawatts of solar energy to be built over three and a half years. The GSA enables large energy users to offset their power purchases by securing renewable energy from projects connected to Duke Energy\u2019s grid. The customer is entitled to keep the RECs of the projects and use the energy purchases to satisfy the sustainability of carbon-free targets.<\/p>\n

In addition to the GSA contract signed with Duke University, two other agreements have been announced this year\u2014one with the City of Charlotte, which will buy the output from a 35-megawatt facility in Iredell County, and the other with Bank of America, which will buy the electricity generated by a 25-megawatt solar project planned by Silver Pine Energy Holdings.<\/p>\n","protected":false},"excerpt":{"rendered":"

The power will be generated at three solar facilities, which are yet to be built under Duke Energy\u2019s Green Source Advantage program.<\/p>\n","protected":false},"author":237,"featured_media":1004479132,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,1604,21786],"tags":[40388,33892,36505,50266,35875],"class_list":["post-1004479126","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-raleigh-durham","category-sustainability","tag-carbon-neutrality","tag-duke-energy","tag-pine-gate-renewables","tag-silver-pine-energy-holdings","tag-solar-power"],"acf":[],"yoast_head":"\nDuke University Signs Up for 101 MW of Solar With Duke Energy - 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-university-signs-up-for-101-mw-of-solar-with-duke-energy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Duke University Signs Up for 101 MW of Solar With Duke Energy\" \/>\n<meta property=\"og:description\" content=\"The power will be generated at three solar facilities, which are yet to be built under Duke Energy\u2019s Green Source Advantage program.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/duke-university-signs-up-for-101-mw-of-solar-with-duke-energy\/\" \/>\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=\"2020-09-24T06:30:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/Julian-Abele-Quad.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1872\" \/>\n\t<meta property=\"og:image:height\" content=\"1404\" \/>\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-university-signs-up-for-101-mw-of-solar-with-duke-energy\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/duke-university-signs-up-for-101-mw-of-solar-with-duke-energy\/\",\"name\":\"Duke University Signs Up for 101 MW of Solar With Duke Energy - 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