Duke Energy has successfully initiated its inaugural floating solar project in Florida, generating clean and renewable energy while advancing the exploration of innovative clean energy technologies. The nearly 1MW floating solar array, situated on the Duke Energy Hines Energy Complex cooling pond in Bartow, comprises over 1,800 solar panels floating atop a 2-acre water surface.
Distinguished by bifacial solar panels that absorb light from both sides, potentially yielding 10%-20% more power than their single-sided counterparts, the project stands as a testament to Duke Energy's commitment to exploring and harnessing cutting-edge solutions. The modular floating system was meticulously assembled on land in segments before being securely anchored in the water, a process completed over a six-month period.
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Part of Duke Energy's Vision Florida program, the pilot project aligns with the company's broader strategy to test and implement forward-thinking initiatives, including green hydrogen production and various battery energy storage technologies. The program aims to fortify the power grid for a cleaner energy future and positions Duke Energy at the forefront of emerging sustainable practices.
Melissa Seixas, Duke Energy Florida state president, emphasized the company's dedication to shaping a smarter, cleaner energy landscape while prioritizing affordability and reliability. She noted, “By exploring alternative solutions on a smaller scale and on our own property, we are maximizing the space and expanding our use and knowledge of innovative emission-free technologies that will move us forward on our path to net-zero carbon emissions.”
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Duke Energy, with a history of solar technology advancements in Florida dating back to the late 1980s, envisions operating 25 grid-tied solar power plants by 2024. These sites collectively aim to provide approximately 1500MW of emission-free generation, benefiting the company's extensive customer base of 1.9 million in Florida.
As a result of sustained solar investments, Duke Energy is delivering tangible benefits to its customers, passing on approximately $56 million in corporate tax savings annually from the Inflation Reduction Act.