North Carolina

The Imperium3 New York consortium has bought Alevo’s lithium-ion battery manufacturing assets in North Carolina in a fire sale, and is planning to use them for a 1GWh battery factory in New York.

Between its own projects and partnerships with independent power producers, North Carolina’s largest utility has 2.5 GW of solar in its portfolio – and they’re not done yet.

The programs would expand the options for its North Carolina customers – both residential and large organizations – to use renewable energy.

Technology Credit Union will commit $400 million annually for residential solar loans, as part of an extension of its partnership with Sunlight Financial.

President Trump’s tariff decision was not the worst-case scenario for the U.S. market, but GTM Research says that it will still have effects, particularly in marginal and emerging regional markets.

The proposal, which needs to be approved by the North Carolina Utilities Commission, could save $4,800 on the average residential rooftop array.

The Virginia power company says a $1 billion investment in its home state and North Carolina has placed its solar assets as the sixth largest utility-owned portfolio in the country.

The developer continues its nationwide expansion, building 800 MW of solar capacity in North Carolina, South Carolina, Oregon, Texas, Maryland, Massachusetts, Minnesota, New York and Vermont alone.

The national organization representing state-level utility regulators is calling on FERC to make changes, including moving from administratively set prices to auctions.

The southern power giant now has full ownership of the nation’s third-largest C&I solar developer.