Duke buys project from Recurrent
The renewables unit of Duke Energy has acquired the 4.5MW Sunset Reservoir Solar Power Project in San Francisco from developer and operator Recurrent Energy.
Terms were not made public.
The 24,000-panel facility is the largest solar generation facility within city limits. The San Francisco Public Utilities Commission (SFPUC) is purchasing the emissions-free energy under a 25-year purchase agreement to help power municipal services and buildings.
“With the addition of this project, we continue to grow our solar footprint in California,” says Duke Energy Renewables President Greg Wolf. In April, DER acquired the 21MW Highlander solar power projects in Twentynine Palms, California.
Before the transaction, DER has more than 100MW of generating capacity at 16 US solar farms.