Ecoplexus Inc., a developer of solar PV systems, has closed financing and commenced construction on five solar PV projects totaling 28 megawatts (MW). The projects have signed long-term PPA contracts with Duke Energy Progress and Dominion North Carolina Power and will achieve commercial operations in late 2015.
“We’re proud to support North Carolina’s goal of increasing the availability of clean, renewable energy,” said John Gorman, CEO of Ecoplexus. “As part of our commitment to continued development in the State and region, we’ve opened an office in Durham, NC to support continued growth.”
Ecoplexus develops and operates distributed generation solar PV projects for the wholesale and retail distributed generation market in the U.S., and Japan via its wholly owned subsidiary Ecoplexus Japan KK. The Company has constructed and financed over fifty projects to date, representing approximately $200 million in project value. Customers include eight major utilities including PG&E, Duke, Progress, Xcel Energy, and Georgia Power and approximately fifteen municipalities in the US.
Ecoplexus has a project pipeline exceeding 500 MW, representing over $750 million in project value, in the U.S., Japan and Turkey. The Company also provides operation and maintenance (O&M) services for investor/owners, including two Fortune 500 companies, for approximately 40 projects.
ST Staff Writers
This post was prepared by Solar Thermal Magazine staff.