Innogy acquires first solar projects in the USA

German energy group Innogy SE is entering the US utility-scale solar market with two small plants. The company has acquired two projects with a combined capacity of 10 MW in North Carolina, construction of which is scheduled to begin in the current quarter; commissioning is scheduled for the fourth quarter. For both plants, power purchase agreements have been concluded with the energy supplier Duke Energy Progress. Innogy did not provide any information on the purchase price or the electricity price.

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