All articles tagged with #utility scale solar
Florida has surpassed California in solar growth for the first time, driven mainly by utility-scale projects and favorable regulations, with over 3 gigawatts of new capacity in 2022. Despite policy challenges and reliance on natural gas, Florida's acceptance of solar and innovative microgrid projects are key factors in its rising prominence in the solar industry.
Duke Energy has agreed to sell its unregulated utility scale Commercial Renewables business to Brookfield Renewable for $2.8 billion, including non-controlling tax equity interests and the assumption of debt. The sale includes more than 3,400 MW of utility-scale solar, wind, and battery storage across the US, in addition to operations, new project development, and current projects under construction. The sale is expected to close by the end of 2023, and Duke Energy will use the proceeds to strengthen its balance sheet and focus on the growth of its regulated businesses.