Duke Energy Renewables, a subsidiary of Duke Energy, has completed the acquisition of the final project in a portfolio developed with Inman Solar Inc., totaling 20 megawatts (MWac).
The projects are in construction or have begun commercial operations across central Georgia under Georgia Power’s Renewable Energy Development Initiative (REDI).
These projects bring Duke Energy Renewables, operating through its REC Solar business unit, to 47.4 MWac of distributed solar projects in Georgia.
The nine solar projects are expected to contribute $11.5 million in leasing and taxes to local communities. A total of 81,060 solar panels will be used in the projects. The last site is expected to reach commercial operations by the end of March.
Each project was developed under an engineering, production and procurement agreement between REC Solar and Inman and a 30- or 35-year power purchase agreement with Georgia Power, selling all energy and renewable attributes to Ge
