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Duke Energy and REC Solar Team to Make Distributed Solar More Affordable and Accessible to Commercial Customers

2015-02-12 11:31:19| Industrial Newsroom - All News for Today

Duke Energy buys majority stake in commercial solar company Duke Energy will invest up to $225 million in solar projects for REC Solar customers CHARLOTTE, N.C.  Duke Energy, the nation's largest electric utility, today announced the acquisition of a majority interest in REC Solar, a provider of comprehensive...

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Duke Energy buys majority stake in California solar developer

2015-02-09 17:00:24| Energy - Topix.net

The majority-stake sale to Duke is the first major move by REC Solar since CEO Al Bucknam took over the company in October. Duke Energy Renewables plans to invest $225 million over the next several years in building and operating solar projects for commercial customers after purchasing a majority stake in California solar company.

Tags: california energy majority developer

 
 

Duke Energy update: Green power program going slowly

2015-02-04 19:22:20| Energy - Topix.net

Coming up to two years after Duke Energy announced plans to provide clean energy contracts for industrial-sized users, the pilot program remains untapped. In its first annual filing for the Green Source Rider, approved in December 2013, Charlotte-based Duke says it is in negotiations with data centers, manufacturers and college campuses as potential customers.

Tags: power program update green

 

Duke Energy spent $45M on Lee nuclear plant in 2014

2015-01-31 11:37:07| Energy - Topix.net

The V.C. Summer Nuclear Station under construction in South Carolina will employ the same AP1000 reactor design Duke Energy proposes for its W.S. Lee Nuclear station. Duke Energy spent $23.2 million from July through December on planning and pre-construction work for its proposed $11 billion Lee Nuclear Station near Gaffney, S.C. That brings Duke's annual total to nearly $45 million.

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N.C. Supreme Court upholds Duke Energy's 5.1% rate hike

2015-01-27 04:49:51| Energy - Topix.net

N.C. WARN Executive Director Jim Warren says the ruling allows Duke Energy to reduce charges to large industrial users at the expense of small customers. The N.C. Supreme Court has upheld the most recent Duke Energy Carolinas rate increase, ruling in the last of a spate of challenges to Duke utility rate cases filed by the N.C. Attorney General's Office and advocacy groups.

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