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Corning to buy solar power from Duke Energy Renewables

Glassmaker Corning will buy nearly two-thirds of the output of a large solar farm that Duke Energy Renewables is building in Eastern North Carolina.

Duke announced the 80 megawatt facility in Conetoe, north of Greenville, in September. Duke says it will be the largest solar farm completed east of the Mississippi River.

Corning will buy 62.5 percent of its expected output, or about 50 megawatts, under a 25-year power purchase agreement. The facility will begin generating electricity in early 2016.

Corning, which employs 3,000 people in North Carolina, said the deal will reduce its greenhouse gas impact and is the first of an expected series of green-energy projects.

Duke Energy Renewables is a commercial power unit of Duke Energy and develops wind and solar projects.

Bruce Henderson: 704-358-5051, @bhender

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