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Duke Energy Florida plans four new solar sites adding 300 MW and $1B savings by 2028

Market News
10 Nov 2026, 21:24 WIB
PRNewsWire
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Bullish
Duke Energy Florida plans four new solar sites adding 300 MW and $1B savings by 2028

Duke Energy Florida has filed plans to build four new solar energy sites in Orange and Sumter counties, expected to be operational by mid-2028. These sites will add 300 megawatts of clean energy to the grid, potentially saving customers $1 billion over their lifetimes through reduced fuel costs and tax credits. The company currently operates 25 solar sites contributing 1,850 MW, supporting Florida's growing electricity demand. Additionally, Duke Energy is expanding battery storage to enhance solar energy availability and further reduce customer bills.

Duke Energy Corp shares are trading at USD 128.86 on Pluang as of Nov 11, 2026 02:31 WIB, showing a modest 0.59% increase in the past day. The company holds a market capitalization of $99.88 billion and offers a dividend yield of 3.39%. Pluang investors currently show full buying interest with 100% buy orders and no sell activity.

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