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Duke Energy will add 51 megawatts of commercial solar power in N.C. by spring

2015-03-14 05:58:18| Energy - Topix.net

The 20-megawatt Colonial Solar 1 farm, shown here during construction last fall, covers about 160 acres near Elizabeth City. Construction has started on Duke Energy Renewables' two solar farms, totaling 32-megawatts, tentatively designated the final two phases of the 52-megawatt project for selling clean energy to three Washington, D.C., institutions.

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North Carolina Fines Duke Energy $25.1 Million

2015-03-12 00:57:00| Waste Age

<a href="http://www.nytimes.com/">The New York Times</a> North Carolina officials say they have hit Duke Energy, the nations largest electric utility, with the largest environmental fine in state history. read more

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Duke Energy to pay $146 million to settle lawsuit over CEO ouster

2015-03-10 17:03:34| Oil & Gas - Topix.net

America's largest electric company said Tuesday that it is settling a lawsuit that claimed shareholders lost millions of dollars when Duke Energy surprised investors by ousting its CEO hours after a long-anticipated buyout of its smaller neighbor. Charlotte-based Duke Energy said its insurers and shareholders would pay $146 million to end the lawsuit filed after the company completed its July 2012 buyout of Raleigh-based Progress Energy Inc. The company set aside $26 million for the amount not covered by insurance and said consumers would not pay the cost.

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Duke Energy to pay $146 million to settle lawsuit over CEO ouster

2015-03-10 16:35:26| Energy - Topix.net

America's largest electric company said Tuesday that it is settling a lawsuit that claimed shareholders lost millions of dollars when Duke Energy surprised investors by ousting its CEO hours after a long-anticipated buyout of its smaller neighbor. Charlotte-based Duke Energy said its insurers and shareholders would pay $146 million to end the lawsuit filed after the company completed its July 2012 buyout of Raleigh-based Progress Energy Inc. The company set aside $26 million for the amount not covered by insurance and said consumers would not pay the cost.

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Duke Energy exec leaves for U.S. DOE

2015-03-10 03:34:57| Oil & Gas - Topix.net

He will be involved in the DOE's research and development for carbon capture and sequestration and other projects designed to keep coal a long-term option in the nation's power fuel sources. Mohler has been Duke's chief technology officer since 2006, when he joined the Charlotte-based power company from Cinergy Corp. , which Duke purchased that year.

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