2022-05-26 | NYSE: DUKE | Press release

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  • The solar-plus-storage solution reduces the university’s environmental impact, dependence on Hawaii Grid.

CHARLOTTE, North Carolina, May 26, 2022 /PRNewswire/ — Duke Energy Sustainable Solutions and Brigham Young University-Hawaii today announced the completion of a campus-wide renewable energy system that includes rooftop solar energy storage, carport and battery.

Duke Energy Sustainable Solutions, an unregulated trademark of Duke Energy (NYSE: DUK), designed and built the renewable energy system and battery energy storage system containing the Tesla Megapacks.

The estimated annual electricity generation of the entire project will be 6.37 megawatt hours, enough to meet approximately 39% of the university’s energy needs each year.

“This project has made BYU-Hawaii more environmentally friendly and reduced our environmental impact,” said Kevin Schlag, Vice President of Operations. “The combination of solar and battery storage is a smart solution that will allow us to support our students and their education in a more sustainable way potentially saving the university on $20 million utility costs over the lifetime of the system. »

Located on 100 acres at Laie on the island of OahuThe university’s renewable energy project consists of three rooftop solar installations, five campus-wide solar carports, including its main parking lot, and 7,324.8 kWh of battery storage.

“Now more than ever, universities, businesses and municipalities are powering their infrastructure using renewable energy to ensure sustainability and reduce carbon emissions,” said chris fallon, president of Duke Energy Sustainable Solutions. “We are proud to have been able to offer the faculty, students and administration of Brigham Young University-Hawaii a renewable energy solution that positively impacts the local environment and reduces the university’s impact on the energy grid by Hawaii.”

The university funded the project through a 20-year power purchase agreement with Duke Energy Sustainable Solutions.

Sustainable solutions Duke Energy

Duke Energy Sustainable Solutions is an unregulated trademark of Duke Energy Corporation (NYSE: DUK) – a Fortune 150 company and one of the largest energy holding companies in the United States – headquartered in Charlotte, North Carolina

Duke Energy Sustainable Solutions is a leader in sustainable energy, helping large companies reduce energy costs, reduce emissions and increase resilience. The team provides wind, solar, and resilient backup power and managed energy services to more than 1,000 projects across the United States, with a total electrical capacity of more than 5,100 megawatts of unregulated renewable energy. Visit Sustainable solutions Duke Energy and follow LinkedIn and Youtube for more information.

Duke Energy Sustainable Solutions includes the following subsidiaries of Duke Energy Corporation that are registered to do business in various states and may be branded as Duke Energy Sustainable Solutions for marketing purposes: Duke Energy Commercial Enterprises, Inc.; Duke Energy One, Inc.; Duke Energy Renewables, Inc.; Duke Energy Renewables Commercial, LLC; Duke Energy Renewable Services, LLC; Duke Energy Renewables Solar, LLC; Duke Energy Renewables Storage, LLC; Duke Energy Renewables Wind, LLC; and REC Solar Commercial Corporation.

Duke Energy is executing an aggressive clean energy strategy to create a smarter energy future for its customers and communities – with targets of at least 50% carbon reduction by 2030 and net zero carbon emissions of 2050. The company is one of the leading renewable energies in the United States. supplier, on track to own or purchase 16,000 megawatts of renewable energy capacity by 2025.

More information about the company is available at duke-energy.com. The Duke Energy News Center contains press releases, fact sheets, photos, videos and other materials. Duke Energy lighting features stories about people, innovations, community issues and environmental issues. Follow Duke Energy on Twitter, LinkedIn, instagram and Facebook.

Brigham Young University-Hawaii

Brigham Young University-Hawaii is the leading international center of learning in the Pacific. Its small campus is a unique cross-cultural leadership development laboratory, where a diverse population of 2,800 students representing nearly 60 countries live, study and work together. Small class sizes taught by expert faculty allow students to master a challenging and relevant curriculum. Affordable tuition, financial aid, and online study options make this valuable education more accessible.

Operated by the Church of jesus christ of Latter-day Saints, a total BYU-Hawaii education involves not only intellectual learning and career preparation, but also moral, ethical, and spiritual enrichment. All the while, students enjoy living and learning in one of the most beautiful places on earth. Graduates will serve, ready to promote peace and prosperity as leaders around the world.

Media contact: Jennifer Garber

800.559.3853

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