Duke Energy Renewables Brings Another 200-MWac Solar Plant Online in Texas

Company’s Texas solar portfolio exceeds 500 MWac in operation

PVTIME - Duke Energy Renewables, a subsidiary of Duke Energy (NYSE: DUK), today announced that its 200-megawatt alternating current (MWac) Rambler Solar project in Tom Green County, Texas, has begun commercial operation.

The Rambler Solar project is the second 200-MWac Texas solar facility
that Duke Energy Renewables has brought online this year, bringing its
total Texas solar portfolio to over 500 MWac in operation. In early
July, the company announced the commercial operation of its Holstein
Solar project in Nolan County.

“We’re pleased to continue our expansion of solar energy resources in
Texas, which is experiencing an increasing demand for power,” said
Chris Fallon, president of Duke Energy Renewables. “The Rambler Solar
project will bring significant economic benefit to the state and
generate clean energy to meet the area’s growing energy needs.”

Duke Energy Renewables acquired the Rambler Solar project in
September 2019 from Recurrent Energy, a wholly owned subsidiary of
Canadian Solar, Inc.

“Texas is one of the largest and fastest-growing solar markets in the
U.S., where the energy landscape is changing rapidly. We are proud to
partner with Duke Energy Renewables in the Rambler Solar project to
provide clean, affordable and reliable energy to local communities and
look forward to contributing more high-quality solar projects in this
important market,” said Dr. Shawn Qu, chairman and CEO of Canadian
Solar.

The energy generated from the Rambler Solar project is being sold to a
customer under a 15-year agreement. The 200-MWac project, spanning
approximately 1,700 acres west of San Angelo, Texas, contains more than
733,000 Canadian Solar high-efficiency bifacial modules. Rambler Solar
will power the equivalent of 40,000 homes.

The facility’s construction was performed by Signal Energy. Duke
Energy Renewables will provide long-term operations and maintenance
services to the project.

The project employed approximately 400 workers during peak
construction. Along with indirect economic benefits that accompany solar
project development – such as increased local spending in the service
and construction industries – Rambler will also directly provide several
million dollars to Tom Green County and to the local school district
over the 40-year life of the project.

As one of the nation’s top renewable energy providers, Duke Energy
currently owns, operates and contracts more than 8,000 MW of capacity
and plans to double that by 2025.

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