Ultimately own the ground mount installation
The solar developer has secured all construction, engineering and procurement (EPC) services, and will complete the PV project for local firm Duke Energy, which will finance and ultimately own the ground mount installation.
Earlier this year Duke Energy issued a 300 MW Request for Proposals (RFP), which kick-started a round of PPAs and direct power plant purchases, which includes this Fayatteville project, developed in cohorts with Phoenix Solar partner Tangent Energy.
Construction activities are penciled in to begin in early 2015, and once complete will cement Duke Energy's position as the leading electric power holding company in the U.S., serving more than 7.2 million customers.
"Working together with Duke Energy demonstrates our ability to provide cost-effective and high quality projects," said Phoenix Solar CEO and president Murray Cameron. "Our team of energy experts is looking forward to building this project and further strengthening our position in the southeast of the U.S."
Tangent Energy Solutions’ Dave Turner said that the partnership with Phoenix Solar was "the right strategic decision for us", adding: "The global construction experience the team brought to the table fits perfectly with our Demand Design PLUS offering, and was key in building the level of comfort a sophisticated utility like Duke Energy is seeking in its partners."