Located on 184 acres of leased land in Chocowinity, North Carolina, Beaufort Solar began commercial operations in December 2015 as Capital Power’s inaugural solar facility. The facility operates under a 15-year Power Purchase Agreement with Duke Energy Progress LLC.
- Facility consists of 66,690, 315 watt photovoltaic solar panels manufactured by Canadian Solar
- Capable of providing renewable energy to approximately 2,460 North Carolina homes (based on the U.S. cumulative-installed PV statistic)
At Capital Power, we contribute to the communities in which we operate with the aim of building a sustainable future for all. We engage our neighbours, consider their interests and build real relationships. We aim to source supplies and services locally for our operations, as well as hire from the community. At Beaufort Solar:
- We pay approximately $47,000 in property tax each year, contributing annually to community tax bases, supporting the improvement of infrastructure, roadways, and community services.
We give back where we live and work by supporting local organizations and our employees’ community participation through our corporate giving programs.Request Community Support
As Capital Power's first solar facility, Beaufort Solar has helped lead the way in expanding our renewable generation portfolio and contributes to the development of a low-carbon energy future.
President and CEO
Capital Power announces date for release of its first quarter 2020 financial results and analyst conference call
Capital Power will release its first quarter 2020 results before the markets open on May 4, 2020. Management will host a conference call with analysts on the same day at 9:00 a.m. MT (11:00 a.m. ET...
Capital Power completes acquisition of Buckthorn Wind and receives tax equity financing for Cardinal Point Wind
Capital Power announced today that it has successfully completed the acquisition of Buckthorn Wind from private investors. Buckthorn Wind is a 100.5 megawatt wind facility that is located in Erath ...
Message from Brian Vaasjo, CEO and President
Capital Power's Response to COVID-19: A Message from Brian Vaasjo, CEO and President
Capital Power adds 250 megawatts of long-term contracted wind generation to its renewable portfolio
Capital Power announced today that it has entered into an agreement to acquire a 100% ownership interest in Buckthorn Wind, a 100.5 megawatt wind facility, from private investors.
Capital Power named one of the 2020 World’s Most Ethical Companies® by Ethisphere
Second recognition highlights company’s leadership on ethics and compliance practices
Capital Power has been recognized by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as one of the 2020 World’s Most Ethical Compani...
Powering a Resilient Future: 2019 Climate Change Disclosure Report
Our 2019 Climate Change Disclosure Report, aligned with the Task Force on Climate-related Financial Disclosures (TCFD) recommendations, discusses our governance, processes and strategies for addres...
Capital Power reports excellent fourth quarter and year-end 2019 results
Excellent year highlighted by record cash flow generation
Capital Power today released its financial results for the quarter ended December 31, 2019. Results outline excellent year highlighted by record cash flow generation.
Capital Power Announces Brian Vaasjo to Remain President and Chief Executive Officer
The Board of Directors of Capital Power is pleased to announce that Brian Vaasjo will remain as President and Chief Executive Officer of the Company.
Capital Power announces approval of normal course issuer bid for purchase of up to 10.5 million of its common shares
The Toronto Stock Exchange (TSX) has approved Capital Power Corporation's ("Capital Power" or "the Company") (TSX: CPX) normal course issuer bid ("NCIB") to purchase and cancel up to 10,513,532 of ...
Capital Power declares dividends for its Common and Preference shares
The Board of Directors for Capital Power Corporation (TSX: CPX) (Capital Power) declared a dividend of $0.48 per share on the outstanding common shares for the quarter ending March 31, 2020. The di...