Duke Energy Florida invests $521 million in four new solar sites

Duke Energy Florida plans to invest $521 million in the development of four new solar sites across Madison, Sumter, Hernando, and Jefferson counties, aiming to add nearly 300 megawatts to the power grid by summer 2026.

Partagez:

Duke Energy Florida has submitted its 2025 Solar Base Rate Adjustment (SoBRA) filing to the Florida Public Service Commission, outlining plans to invest $521 million in four new solar sites. These facilities will be located in Madison (Sundance Renewable Energy Center), Sumter (Half Moon Renewable Energy Center), Hernando (Rattler Renewable Energy Center), and Jefferson (Bailey Mill Renewable Energy Center) counties. The goal is to add nearly 300 megawatts (MW) of solar energy to the electric grid by summer 2026.

Construction Schedule and Commissioning

Construction has already begun at the Sundance, Half Moon, and Rattler renewable energy centers, all of which are expected to be operational by January 2026. The Bailey Mill Renewable Energy Center is still in the permitting process, with construction slated to start in summer 2025, aiming for an operational date in summer 2026. Each site is expected to create an average of 150 temporary jobs during the construction phase.

Financial and Economic Impact

Duke Energy Florida projects that these four solar sites will save customers $843 million over their operational lifetimes. This initiative is part of a settlement agreement approved by the Florida Public Service Commission in August 2024, aimed at modernizing and strengthening the company’s generation fleet.

Production Capacity and Future Plans

At peak output, each 74.9 MW site will generate enough electricity to power approximately 23,000 homes while reducing annual consumption by 1.2 million cubic feet of natural gas, 15,000 barrels of fuel oil, and 12,000 tons of coal. Duke Energy Florida currently owns and operates more than 25 solar sites across the state, producing around 1,500 MW of energy. Between 2025 and 2027, the company plans to build 12 new solar sites, adding an additional 900 MW to the electric grid. By the end of 2033, the company projects to have more than 6,100 MW of utility-scale solar generating capacity online.

The Kuwait Authority for Partnership Projects has launched the tender for the 1.1 GW Al Dibdibah and Al Shagaya Phase III Zone 1 solar project, targeting pre-qualified international companies and consortia.
T1 Energy commits $850 million to build a five-gigawatt photovoltaic facility in Texas, selecting Yates Construction and benefiting from local tax incentives, with 1,800 jobs anticipated by the end of 2026.
The German solar developer has completed the 90-megawatt-peak Postomino photovoltaic park in north-western Poland, integrating it with an existing wind farm’s high-voltage line in a cable-pooling arrangement set to supply electricity to about 32,000 homes.
EDF Renouvelables plans a floating solar plant in Isère by 2027, featuring 70,000 panels integrated with an existing hydroelectric dam, targeting an annual production of 60 GWh.
Scatec ASA finalises financing for its hybrid solar-battery Obelisk project in Egypt, securing $479.1 million from international financial institutions for a planned capacity of 1.1 GW solar and 100 MW storage.
The 800 MW Horizeo photovoltaic project spanning 680 hectares in Gironde awaits governmental authorization linked to France’s Zero Net Artificialization (ZAN) objective to advance permits submitted in early 2024.
Global photovoltaic tracker shipments rose 20% in 2024, driven by India and Saudi Arabia, pushing the United States to a less dominant market position.
Chinese manufacturer Astronergy will supply its ASTRO N8 photovoltaic modules for a solar project developed in Spain by engineering firm GES Siemsa, marking a strategic advance in the European market.
SMEG and the City of Mâcon have started construction of a 6 MWc solar power plant on a former landfill site, with commissioning scheduled for early 2026.
Producer Corsica Sole is inaugurating a 5.4 MWc photovoltaic plant in Cirey-sur-Vezouze on a former industrial site, with 8,700 panels and an estimated annual output of 6.1 GWh.
The Kashgar region has connected over 10 GW of solar projects to the grid, representing more than three-quarters of its total power capacity, initiating the development of a new power system in southern Xinjiang.
U.S.-based Soltage raises $260mn to support the construction of 250 MW in solar and storage projects within a development pipeline exceeding 2 GW.
Origis Energy has closed financing for the Wheatland project in Indiana as part of a $530mn portfolio, in partnership with MUFG and several financial institutions.
Germany’s solar capture price fell to a five-year low in May, driven by rising negative price hours and excess photovoltaic capacity.
Albioma Solaire Guyane has commissioned five photovoltaic plants totalling 1.4 MWc, spread across Mana and Macouria, to strengthen local electricity supply in a region isolated from the national grid.
South African group NOA and Standard Bank have finalised the financing of the 349 MW Khauta South solar site, now the largest developed on a single site in South Africa.
Enfinity Global signed new power purchase agreements for a 420 MW solar portfolio with a US technology company operating in Italy, reinforcing its position in the Italian energy market.
The American solar sector saw strong industrial growth in Q1, but tax and trade uncertainties could hinder its momentum and affect local investments.
Global solar leaders doubled shipments in one year, but combined losses of $4 billion highlight intense margin pressure in the sector.
Growth in the U.S. solar sector is expected to slow by 2030 due to political shifts in Washington directly impacting tax incentives and imposing tariffs on essential materials, creating sectoral uncertainty.