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.
Despite an earlier compromise, the controversial customer charges to pay for the utility’s $13 billion Power/Forward program have been rejected, and an increase on fixed charges for Duke customers will be limited to $14 per month.
Innogy’s US subsidiary will gain exclusive rights for the acquisition of 13 solar PV projects currently owned by North Carolina’s Birdseye Renewable Energy. The projects have a cumulative capacity of 440MW and are at various stages of development.
Consumers will no longer be faced with drastic fixed-rate utility bill increases.
The racking and tracker maker has secured eight additional manufacturing lines, including in six Southeast states.
The results of a 2021/2022 auction saw an additional 964 MW of utility-scale solar projects bidding in to supply capacity, suggesting a boom in solar.
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