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Duke Energy to start construction of floating solar pilot in Florida

Published 03/16/2023, 04:51 PM
Updated 03/16/2023, 05:12 PM
© Reuters. FILE PHOTO: The company logo and ticker for Duke Energy Corp. is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 4, 2019. REUTERS/Brendan McDermid
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(Reuters) - Duke Energy Corp (NYSE:DUK) said on Thursday that its Florida unit would start construction of about 1 megawatt floating solar array pilot later this month in Polk County.

The pilot will feature more than 1,800 floating solar modules and occupy about 2 acres of water surface at the company's Hines Energy Complex in Bartow, it said.

According to the Solar Energy Industries Association, 1 MW solar powers about 173 homes.

© Reuters. FILE PHOTO: The company logo and ticker for Duke Energy Corp. is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 4, 2019. REUTERS/Brendan McDermid

Last month, Duke boosted its five-year capital plan to $65 billion, with about 80% aimed at low-carbon energy.

The energy company's power and gas utilities serve more than 8 million businesses and homes in the Carolinas, parts of Florida and the Midwest, and it owns about 50,000 MW of energy capacity.

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