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 fourth quarter 2019 financial results, 2019 annual integrated report and analyst conference call
Capital Power will release its fourth quarter and year-ended 2019 results before the markets open on February 24, 2020. Management will host a conference call with analysts on the same day at 9:00 ...
Excellence in Action: Delivering Responsible Energy for 2020
As we kick off 2020 and venture into a new decade, Capital Power continues to be committed to driving innovation, growing our business and optimizing our operations to deliver Responsible Energy fo...
Whitla Wind: Transforming Headwinds into Wind Energy Success
Read our blog from By Darcy Trufyn, Senior Vice President, Operations, Engineering and Construction
Transforming our Energy Future with Slate of Alberta Investments
Hear from Premier Jason Kenney and Brian Vaasjo, President and CEO of Capital Power, as they discuss our recent announcements in Alberta’s energy industry
Capital Power announces slate of strategic investments
Includes building first-ever commercial-scale carbon nanotube facility, reaching 100% dual-fuel capability by 2021 at our Genesee facility and advancing Whitla Wind 2 project to add more renewable energy to southern Alberta
Capital Power Corporation is pleased to deliver on its commitment to create dependable, cost-effective and innovative electricity solutions to power a sustainable future. In support of our sustaina...
Funding Disciplined Growth to Build Shareholder Value
At a high level, our capital allocation strategy allows us to fund growth by taking 50% of our free cash flow over the long-term and provide that back to investors in the form of dividends, while u...
Capital Power announces $275 million medium term note offering
EDMONTON, Alberta – Capital Power Corporation (“Capital Power”) (TSX:CPX) announced today that it has priced a public offering in Canada of unsecured medium term notes in the aggregate principal am...
Capital Power to host annual Investor Day event
EDMONTON, Alberta – Capital Power (TSX: CPX) will be hosting its 11th annual Investor Day event in Toronto. Members of the executive leadership team will present on various topics including the exe...
Capital Power reports solid third quarter 2019 results
Results highlighted by record cash flow generation in the quarter driven by the execution of the Company’s growth strategy
EDMONTON, Alberta – Capital Power Corporation (TSX: CPX) today released financial results for the quarter ended September 30, 2019. Third Quarter Highlights Achieved excellent operating perfo...
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 December 31, 2019. The...