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CHARLOTTE, N.C., July 21, 2015 /PRNewswire/ — Duke Energy Renewables today announced it has acquired the 25-megawatt DC, 20-megawatt (MW) AC Shawboro Solar power project in, N.C., from Ecoplexus Inc.

“We are pleased to add a quality project from Ecoplexus to our growing solar portfolio in Eastern North Carolina,” said Greg Wolf, Duke Energy president, Commercial Portfolio. “Providing clean, renewable energy and opportunities for local economic development in the state are important to the company.”

The energy generated from the facility is enough to power about 4,000 homes and will be sold to Dominion NC Power through a 15-year agreement.

“The development process for the Shawboro project started approximately two years ago, and Ecoplexus is very pleased to partner with Duke Energy to bring more solar energy to the state of North Carolina,” said Erik Stuebe, Ecoplexus president. “The community in Currituck County has been very supportive of the project, and both Ecoplexus and Duke thank them. It will be great for all stakeholders to see this project delivering clean, renewable energy to the area and state.”

The facility is expected to employ more than 90 percent local workers during construction. The project is targeted for completion by year end.

Duke Energy Renewables, a commercial business unit of Duke Energy, has 16 solar facilities either complete or under construction in North Carolina.

About Duke Energy Renewables

Duke Energy Renewables, part of Duke Energy’s Commercial Portfolio, is a leader in developing innovative wind and solar energy generation projects for customers throughout the United States. The company’s growing portfolio of commercial renewable assets includes 16 wind farms and 27 solar farms in operation in 12 states, totaling more than 2 gigawatts in electric-generating capacity. Learn more at www.duke-energy.com/renewables.

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 www.duke-energy.com.

About Ecoplexus

Ecoplexus, Inc. is a solar project developer and IPP with offices in San Francisco and Raleigh/Durham and wholly-owned subsidiaries in Japan and Turkey. The Company has completed over 50 utility, municipal, and community solar projects in the U.S. and abroad and currently has a pipeline of over 300 MW across six states and internationally. Previous customers for Ecoplexus projects include eight utilities and 10 state or city municipal agencies. Ecoplexus is headquartered in San Francisco. Additional information at www.ecoplexus.com.

San Francisco, CA ,  November 3, 2014 – Ecoplexus, Inc. today announced that it has closed financing and commenced construction in September on three (3) solar PV projects totaling 21 MW.  The projects have signed long-term PPA contracts with Duke Energy Progress and will achieve commercial operations in 2014.

The three (3) projects (Langley PV1, Carter PV1, and Pecan PV1) are the first Ecoplexus projects in North Carolina to commence construction.  Over the last two and half years, the Company has developed a pipeline of 30 additional projects in North Carolina representing over 300MW, which it expects to construct in 2015 and 2016.

“After constructing 40 solar PV projects in other States, it’s exciting for Ecoplexus to break ground on the first projects in our North Carolina portfolio,” said Erik Stuebe of Ecoplexus.  “We are planning an aggressive construction schedule in North Carolina and we expect to construct and commission approximately 40 MW per calendar quarter over the next two (2) years. We’re very pleased to play a role in providing clean, renewable energy at competitive rates to the grid.”

About Ecoplexus, Inc.

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 40 projects to date, representing over $100 million in project value. Customers include eight (8) major utilities including PG&E, Duke, Progress, Xcel Energy, and Georgia Power and approximately fifteen(15) municipalities in the US.

Ecoplexus has a project pipeline exceeding 500 MW, representing over $750 million in project value, in the U.S. and Japan.  The Company also provides operation and maintenance (O&M) services for investor/owners, including two (2) Fortune 500 companies, for approximately 40 projects.  For more information about Ecoplexus, please visit www.ecoplexus.com.

SAN FRANCISCO, Oct. 29, 2014 –Ecoplexus, Inc.  announced today that it has completed the construction of three solar projects providing affordable clean energy totaling 5 megawatts. Two of the three projects were brought online as a part of Xcel Energy’s Solar*Rewards Communities program and have signed long-term Renewable Energy Credit contracts with Xcel Energy as well as power purchase agreements with various state and municipal agencies, and local schools.

Two of the projects (2 megawatts and 500 kilowatts) are located in Sterling, including one at a Colorado Department of Corrections site. The third project (2 megawatts) is located in the City of Grand Junction. Under the community solar structure, multiple subscribers can purchase energy from a single solar PV facility located offsite, through long-term power purchase agreements.  Subscribers receive a credit on their bill from Xcel for the value of the energy generated.

“These community solar projects provide our municipal agency and school customers with substantial savings vs. their current electricity rates while also providing a hedge against future rate increases,” said John Gorman, CEO of Ecoplexus.  “We’re very pleased to play a role in providing clean, renewable energy at competitive rates, and these projects highlight Ecoplexus’ continued commitment to community solar in the U.S.”

Ecoplexus is a leader in community solar in the U.S., having successfully developed fifteen community or virtual net metering projects over the last three years.   When fully operational, the three Colorado projects will provide clean energy for an average of 543 homes in Colorado and an annual reduction of 6,555 tons of carbon dioxide, which is equivalent to the reduction of 669,152  million gallons of gasoline consumed.

About Ecoplexus, Inc.

Ecoplexus develops and operates distributed generation solar PV projects for the wholesale and retail distributed generation markets in the U.S. and Japan via its wholly owned subsidiary Ecoplexus Japan KK. The Company has constructed and financed over 40 projects to date, representing over $100 million in project value. Customers include eight major utilities including PG&E, Duke, Progress, Xcel Energy, and Georgia Power and approximately 15 municipalities.

The Company’s project pipeline exceeds 500 MW, and represents approximately $1 Billion in project value, in the U.S. and Japan.  The Company also provides operation and maintenance (O&M) services for investor/owners, including two Fortune 500 companies, for approximately 40 projects.  For more information about Ecoplexus, please visit www.ecoplexus.com.