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600-Acre Solar Farm to Power Wells Fargo Buildings in North
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Wells Fargo Announces Major Solar Expansion In North Carolina
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Duke Energy, NextEra Energy Resources lead development of 600-acre solar farm to supply approximately 50% of bank’s electricity needs for North Carolina
Wells Fargo, NextEra Energy Resources, and Duke Energy today announced a 20-year renewable energy purchase agreement, under which Wells Fargo will consume 100% of solar energy produced by the Blackburn Solar Project, a 58-megawatt 600-acre solar farm planned for Catawba County, North Carolina, under Duke Energy’s Green Source Advantage (GSA) program. The transaction announced today is Wells Fargo’s single largest to date and will supply approximately 8% of the company’s annual global electricity.
Wells Fargo/Duke Energy/NextEra Energy Resources project in Catawba County will deliver environmental, social and economic benefits (Graphic: Wells Fargo)