The program, like community solar for nonresidential customers, will allow business customers of Duke Energy Carolinas and Duke Energy Progress to purchase renewable energy and the RECs that come with it to reach their sustainability goals and reduce their electrical bills.
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.
The power company says that this will allow time for a more careful crafting of a successor program.
The energy giant is upgrading its Bad Creek pumped hydro storage facility from 1,000 to 1,300 MW.
New solar customers now have the option to sell power at a price far below retail to Duke Energy, in the state with the highest monthly electricity bills in the country.
The utility is opening an RFP for utility-scale projects, as well as offering a solar rebate program for rooftop systems.
The SC Senate budget committee has removed an amendment that would have lifted the restrictive 2% caps on net metered-solar from the state’s budget bill. The caps could be hit in both utility service areas by the end of the year.
The results of South Carolina’s primary elections have shown an unprecedented support for pro-solar candidates in the traditionally hesitant South.
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.
The racking and tracker maker has secured eight additional manufacturing lines, including in six Southeast states.
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