Florida and utility FPL lead the Southeast in solar deployment, while other states and utilities bypass low-cost solar and storage, favoring gas peaker units and small modular reactors and risking higher customer bills, said experts from the Southern Alliance for Clean Energy.
Also on the rise: Green hydrogen market to grow six-fold to $1.4 trillion, said Deloitte. CubicPV receives $103 million commitment for U.S. wafer manufacturing. And more.
Following the transaction, and a separate sale of its distributed generation business, Duke Energy will focus on regulated clean energy growth opportunities.
Duke Energy added an 11 MWh battery storage system to the 13 MW solar plant on the Marine Corps base camp in North Carolina.
Net metering payments were slashed while a new efficiency incentive was also unexpectedly rejected.
Grocery store chain Meijer and pharmaceutical company Charles River Laboratories holds virtual PPA’s for 185 MW of Pisgah Ridge Solar’s 250 MW power output, while a third offtaker has never been identified.
Yes Solar Solutions sees NABCEP as the gold standard for electrical installers and the only accreditation for solar installation companies.
Also on the rise: Duke Energy to cut jobs following Q4 loss. $2 billion loan for battery material gigafactory. And more.
Duke’s five-year capital plan of $65 billion is focused on energy transition investments, which it says is a considerable increase over previous budgets, while its current budget removes almost $3 billion of capital it would have invested into the utility solar and distributed generation business.
Also on the rise: Minnesota senate passes 100% clean energy standard. Annual investment in low-carbon energy transition exceeds $1 trillion. And more.
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