NTE Energy announced that it plans to develop, own and operate the Kings Mountain Energy Center in Cleveland County, North Carolina.
The plant will generate enough power to supply about 400,000 homes and will represent an investment of over $450 million.
The Kings Mountain Energy Center will utilize a M501GAC advanced combustion turbine and a Mitsubishi steam turbine in combined cycle configuration. The highly-efficient design captures exhaust heat from the combustion turbine and utilizes it in a steam cycle, allowing the facility to generate approximately 480 MW of clean and reliable electric power.
During the construction phase, the Kings Mountain Energy Center is expected to create about 300 construction industry jobs. The bulk of the construction jobs are expected to be filled by members of the local community.
Upon completion, the project is slated to add about 25 – 30 full-time jobs to the Cleveland County area, most of which are expected to come from the local workforce.
NTE Energy has begun the permitting process and submitted its transmission interconnection request to Duke Energy Carolinas.
The project is planned to begin construction in 2015 and become fully operational in 2018.