Duke Energy, Google team up on solar power project in N.C.

Google first company to announce participation in Duke Energy's Green Source Rider program --- Total of 61 megawatts of solar energy will provide a portion of the power at expanded data center in Caldwell County --- Project reinforces N.C.'s No. 4 national ranking for solar power

CHARLOTTE, N.C., Nov. 24, 2015 -- In one of the largest solar projects undertaken in North Carolina, Google will benefit from Duke Energy Carolinas' Green Source Rider program - meeting a portion of the power demand from the company's data center in Lenoir with solar energy.


A 61-megawatt solar project will be constructed in Rutherford County in Duke Energy Carolinas' service territory. Under a power purchase agreement with the Rutherford Farms, LLC, solar project, Duke Energy will secure power to meet new energy demand from Google's expanded data center.

"Google was a driver behind Duke Energy seeking approval for the Green Source Rider," said Rob Caldwell, senior vice president, Distributed Energy Resources. "Having Google as the first company to publicly announce its participation is extremely satisfying. We believe this will lead to similar announcements in the future."

Enrollment in the Green Source Rider means Google will use renewable energy sources for a portion of the energy supplied to its expanded data center in the city of Lenoir. Under the program, Duke Energy and Google agreed on the specific project and additional costs associated with energy from the facility. Other Duke Energy customers will not pay for the project.

"We've agreed to purchase 1.2 gigawatts of renewable power globally and we're working to power 100 percent of our operations with renewables. As we pursue that goal, this is a really big moment for us and we're thrilled to have created this program with Duke Energy," said Gary Demasi, Google's head of Data Center Energy and Location Strategy. "Not only does it enable us to purchase renewable energy for our North Carolina operations, it will empower others in the state to do the same."

In 2013, Google announced an additional investment of $600 million to expand the Lenoir data center, and at the same time collaborated with Duke Energy to create the Green Source Rider program for large customers seeking renewable energy supply in Duke Energy Carolinas territory. Since that announcement, Duke Energy and Google have been working to execute on a renewable supply solution through the program.

Read Google's blog post on today's announcement.

Duke Energy: A renewable energy leader

Over the past eight years, Duke Energy has invested more than $4 billion in wind and solar facilities in 12 states. The company plans to invest about $3 billion in renewable energy over the next five years.

Duke Energy is currently wrapping up a $500 million solar expansion in North Carolina, with the completion of four major solar facilities in Bladen, Duplin, Onslow and Wilson counties. Largely because of investment by Duke Energy companies, North Carolina is ranked fourth nationally for overall installed solar.

Overall, Duke Energy companies have more than 20 solar facilities in North Carolina, and purchases power from more than 600 other solar facilities.

Background

More information about Duke Energy's overall solar program can be found here: http://www.duke-energy.com/solar

Duke Energy's News Center can be found here: http://news.duke-energy.com/

News editors

To access Duke Energy solar b-roll footage in MP4 format from the company's Dropbox account, send an email to randy.wheeless@duke-energy.com.

Images of construction at Duke Energy facilities are available on Flickr.

About Google
Google is a global technology leader focused on improving the ways people connect with information. Google's innovations in web search and advertising have made its website a top internet property and its brand one of the most recognized in the world.

About Duke Energy
Headquartered in Charlotte, N.C., Duke Energy is a Fortune 250 company traded on the New York Stock Exchange under the symbol DUK. More information about the company is available at duke-energy.com.

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