Progress Energy will soon be buying electricity from an unusual source of energy: Ted Turner, the founder of the CNN cable news empire.
In an announcement issued Thursday, Raleigh-based Progress will buy the power output from a recent Turner investment: a solar farm near Oxford in Granville County.
The 2.5-megawatt solar farm is jointly owned by Turner Renewable Energy and by a subsidiary of Southern Co., the multi-state electric utility based in Atlanta.
Turner Renewable Energy is owned by media mogul Ted Turner, whose business interests include alternative energy and more than 55,000 head of bison on land holdings spanning 2 million acres in a dozen U.S. states and in Argentina.
The Granville Solar Facility is the first North Carolina energy project and fourth joint solar acquisition for Southern and Turner. The facility is nearing completion and expects to begin generating power this month.
Southern Co., which issued the announcement, said the company teamed up with Turner Renewable Energy in January 2010 "to strategically develop renewable energy projects in the United States." The Turner-Southern venture owns solar farms in New Mexico, and Nevada.