The bill’s long-term commitments reduced oversight for Duke Energy outweigh the renewable capacity increases and coal retirements it promises, according to those against it.
A North Carolina energy provider will buy the project’s full output through a 25-year fully bundled Power Purchase Agreement.
The partnership is the two companies’ second under Soltage’s Iris capital vehicle, and the two ultimately plan on deploying 450 MW of new distributed solar and storage projects across the United States together.
Trent River Solar is one of the first to be awarded a 20-year PPA through Duke Energy’s Competitive Procurement of Renewable Energy program.
House Bill 951 would lead to a huge procurement of renewables, but is soured by the additions of gigawatt-scale natural gas capacity, reduced regulator authority, and potential multi-year rate hikes.
A new report from ACORE, the American Clean Power Association, and SEIA explores the benefits of instituting real-time, wholesale energy markets across the 12 Southeast states as a way to accelerate renewable resource adoption.
The 6.9 MW/10 MWh Grissom solar and storage project will provide energy to the North Carolina Electric Membership Corporation under a long-term power contract.
The fourth edition of the Southern Alliance for Clean Energy’s Solar in the Southeast report shows that Florida has passed North Carolina in total installed capacity, while South Carolina has passed its northern neighbor in the context of a solar watts per customer ratio.
The utility’s proposal is being introduced to support a statewide goal of having 80,000 zero-emission vehicles on the road by 2025.
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