RALEIGH -- Ten city-owed acres at Raleigh's southeastern edge will soon be used to generate solar electricity under a plan approved by the City Council on Tuesday.
The project, a public-private partnership involving Progress Energy Carolinas and two other companies, will allow Raleigh to burnish its green credentials without investing any taxpayer money.
The deal calls for Raleigh to lease 10 acres of farmland next to its Neuse River Wastewater Treatment Plant to Morrisville-based Southern Energy Management and Charlotte-based NxGen Power. The two companies will install solar panels that are expected to generate 1.7 million kilowatt-hours of electricity a year.
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