Briefing on Beaverdam Renewable Energy Center

Beaverdam Solar Center, a 41 MW solar photovoltaic plant, is a key Duke Energy project in South Carolina, with an expected 2026 COD and a PPA of $25.0/MWh, backed by Schaeffler Group partnership and recent county council approval.

Overview

• Project Name: Beaverdam Solar Center.

• Developer: Duke Energy.

• Latest Milestone: County council approval in Q4 2024.

• Expected Commercial Operation Date (COD): 2026.

Fleet Details

• Capacity: 41 MW SUN plant.

• Technology: Solar Photovoltaic.

• Generators: 1 generator.

• Status: Operating, with an operating start date of 2026.

• Location: South Carolina.

• Grid: NERC: SERC, BA: Duke Energy Carolinas.

Ownership and Operations

• Parent Company: Duke Energy.

• EIA Operator: Duke Energy Carolinas, LLC.

• Ownership: Duke Energy Carolinas, LLC.

• Partner: Schaeffler Group.

Financial Profile

• Power Purchase Agreement (PPA): $25.0/MWh.

• Financial Data Span: 7 years (2019–2025).

The Beaverdam Solar Center represents a significant solar development by Duke Energy, with a clear financial structure and a confirmed partnership, indicating strong progress towards its 2026 operational target. The project's PPA rate and operational status highlight its immediate contribution to renewable energy goals in South Carolina.