FLS Energy announces it’s seeking 100 MW of predeveloped, shovel-ready solar projects in North Carolina. The projects will be constructed, owned, and operated by FLS Energy, which will sell the power produced to the participating utility through a power purchase agreement.
North Carolina is adopting solar in a big way — with big solar projects. Duke Energy is looking to add 300 MW of solar projects there. Now FLS Energy, a full-service solar energy provider, is also getting into big solar in the state.
FLS Energy says that over the next 12 months, it aims to acquire approximately 100 MW (AC) of solar PV projects located within the Duke Energy or Dominion North Carolina Power service territories.
“This type of scale in utility solar was thought impossible just a few short years ago and with our plans to bring approximately 100 MW’s of solar on line in 2014, the future is looking very bright indeed for solar energy in the U.S.,” said Dale Freudenberger, CEO of FLS Energy.
The company is calling for RFPs by May 1. The predeveloped, shovel-ready solar projects will be constructed, owned, and operated by FLS Energy. All electricity produced will be purchased by the participating utility through a 15-year power purchase agreement.
The company has a strategy of including self-developed as well as purchased and pre-developed projects in their portfolio.
FLS Energy also recently announced purchases of solar PV modules for a 37 MW portfolio of utility-scale projects throughout the state of North Carolina, scheduled to be installed by the end of the second quarter of 2014:
13.2 MW of modules provided by JA Solar Holding Co. Ltd., for installations that will use 43,309 modules and will power approximately 1900 North Carolina households.
24.5 MW of modules provided by ET Solar Inc, for installations that will use 81,640 modules and will power approximately 3,500 North Carolina households.
“The purchase of these panels represents FLS Energy’s continued growth in the utility scale solar market. We are scheduled to triple the amount of solar we installed in 2013 and having partners such as JA Solar providing high quality and reliable equipment is vital to our success.” said Freudenberger.