Duke Energy has filed for lessor certification in North Carolina, in hopes to start leasing solar to the state’s largest nonresidential customers.
Duke Energy has announced plans to invest $500 million to build 300 MWh of energy storage in the Carolinas over the next eight years, which breaks down to an average of 37.5 MWh per year.
Failures of the electric grid have affected large solar plants after Hurricane Florence, just as they are affecting centralized generation.
A joint venture of Sol Systems and Nationwide Insurance has purchased 135 MW-DC of solar projects from Cypress Creek Renewables in North Carolina.
The two giants, one in the utility sector and the other in retail, have reached an agreement over the protested bill credit model in Duke’s Green Source Advantage Program and Rider.
The lithium supplier is banking on both its substantial history and new developments in the rapidly growing the electric vehicle market.
The country’s largest privately held renewable developer looks to expand its influence in the Tar Heel State.
The new program aims to to attract low-income participants, and comes as net metering caps are reached in the state.
The utility is opening an RFP for utility-scale projects, as well as offering a solar rebate program for rooftop systems.
The company’s U.S. subsidiary is part of the purchasing agreement, which appears to come just in time as the factory in Shelby was running out of funds to operate.
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