Duke Energy Sustainable Solutions began commercial operations on its Jackpot Solar project on Jan. 26, according to a press release on the same day.
Located in Twin Falls County, Idaho, the 120-megawatt facility is the largest solar project in the state, anticipated to generate enough electricity to power approximately 24,000 homes annually.
Duke Energy Sustainable Solutions will own and operate the project, constructed on 952 rural acres south of Twin Falls by SOLV Energy.
"Jackpot Solar will help strengthen the energy diversity in the state, and bring additional economic benefits to the state and Twin Falls County, while also supporting Idaho Power's clean energy goals," president Chris Fallon commented in the release.
The company, a nonregulated commercial brand of Duke Energy, signed a 20-year power purchase agreement with Idaho Power, helping it toward its goal of providing 100% clean energy by 2045 through its Clean Today, Cleaner Tomorrow initiative.
At peak construction, the project employed approximately 200 workers, driving local economic growth through the local service and construction industries and providing tax revenues for the Filer Consolidated School District.
"This project continues our commitment to clean energy while also helping us address the rapidly growing need for new resources to ensure we can provide reliable, affordable electricity to our customers," Idaho Power senior vice president and COO Adam Richins added.
Recommended Reading
TC Energy Shareholders OK Spinning Off Liquid Pipelines Business
2024-06-04 - TC Energy will spin off South Bow Corp., with its primary asset the Keystone oil pipeline, while shifting a hefty amount of TC Energy’s debt to the new company.
Golden Pass LNG Likely Delayed After Engineering Firm Lays Off 4,400
2024-06-06 - An analyst estimated Golden Pass LNG’s in-service date could be set back six months and that the export terminal’s owners, Exxon Mobil and Qatar Energy, might try to retain workers formerly employed by Zachry Engineering.
CorEnergy Restructures, Emerges from Chapter 11
2024-06-13 - CorEnergy Infrastructure Trust has restructured in hopes to return to positive free cash flow beginning 2025, while pursuing energy transition opportunities.
Chevron Moving HQ, CEO from California to Houston
2024-08-02 - Chevron Chairman and CEO Mike Wirth and Vice Chairman Mark Nelson will relocate to Houston, where much of Chevron’s other top leadership is already based.
Upstream, Midstream Dividends Declared in the Week of July 8, 2024
2024-07-11 - Here is a selection of upstream and midstream dividends declared in the week of July 8.