Duke Vitality Sustainable Options (DESS) has acquired Pike Photo voltaic, a solar energy plant constructed for purchasers of Colorado Springs Utilities, from JUWI Inc., a worldwide solar energy developer. Monetary particulars weren’t disclosed.
Pike Photo voltaic has greater than 414,000 photo voltaic panels on about 1,310 acres exterior town limits of Colorado Springs, Colo.
Colorado Springs Utilities will purchase electrical energy from Pike Photo voltaic beneath a 17-year deal. JUWI is liable for the engineering, procurement and building of the venture. Duke Vitality Sustainable Options will buy the photo voltaic modules.
JUWI and Duke Vitality Sustainable Options every have operations and upkeep duties. With this addition, Duke Vitality Sustainable Options has three photo voltaic initiatives in Colorado with a complete of 248 megawatts.
“This venture will assist the renewable vitality targets of Colorado Springs Utilities and permit them to scale back vitality prices whereas offering numerous and cleaner vitality options for his or her prospects,” stated Chris Fallon, president of Duke Vitality Sustainable Options.
“Initiatives like Pike Photo voltaic are important to our means to realize our Vitality Imaginative and prescient objective of reaching an 80 % carbon discount by 2030,” stated Travas Deal, appearing chief government officer for Colorado Springs. Utilities.
The photo voltaic plant is scheduled to realize business operation in late 2023.
“Pike Photo voltaic is our firm’s largest venture worldwide,” stated JUWI Group COO Stephan Hansen.
The venture is anticipated to make use of 350 at peak building.
