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Power / Energy

Integrated Power Services (IPS) Acquires Switchgear Solutions

December 27, 2024

 Integrated Power Services (IPS), a world-class provider of electrical, mechanical, and power management systems, has acquired Switchgear Solutions, Inc., effective December 19, 2024. “This strategic acquisition allows IPS to further expand its reach across the Southwestern United States, delivering a comprehensive suite of power management solutions tailored to the needs of industrial, commercial, and renewable…

Construction Begins in Wilmington on Metronet’s $30M Fiber-Optic Network

July 16, 2024

Construction in Wilmington has begun on a $30M fiber-optic network that will bring multi-gigabit internet service to the city’s homes and businesses, Metronet announced today. Named the fastest major ISP in the country for 2024 by PCMag, Metronet will offer customers ultrafast speeds of up to five gigabits per second for residents and up to ten…

EDP Renewables Celebrates its First North Carolina Solar Park

April 26, 2024

EDP Renewables North America LLC (EDPR NA), a leading top five renewable energy developer and operator in North America, is pleased to present the recently completed Misenheimer Solar Park, located in the Village of Misenheimer in Stanly County, North Carolina. The solar project is one of the largest in the state, with an installed capacity of 74 megawatts (MW). Misenheimer…

Duke Energy’s Annual Impact Report Shares Progress Toward a Cleaner Tomorrow That Includes Affordability and Reliability

April 26, 2024

Duke Energy (NYSE: DUK) today released its 2023 Impact Report, its 18th annual accounting of its progress toward its sustainable business goals. This year’s report includes highlights from its 2050 clean energy transition strategy, which strives to deliver industry-leading reliability, competitive rates for customers, and accelerated infrastructure and economic development to meet the growing needs of its…

The Construction Users Roundtable Announces its 2023 Construction Industry Project Excellence Award Winners

December 4, 2023

The Construction Users Roundtable (CURT) announced its seventh annual Construction Industry Project Excellence (CIPE) Awards and called upon the industry to continue its progress in promoting construction productivity across the globe. CURT is committed to giving significant national and international recognition to companies and organizations that excel in productivity on capital projects.  CURT is an…

Duke Energy Honors Eight Organizations with 2023 Power Partner Awards

August 31, 2023

 Duke Energy has chosen eight organizations to receive its 2023 Power Partner Award. The annual program founded in 1992 honors businesses and other organizations that have demonstrated excellence in sustainability, safety, service, and problem solving. “We value our large commercial, industrial and government customers and encourage them to strive for organizational excellence,” said Chris Edge, Duke…

Duke Energy Files Updated Carbon Plan to Serve the Growing Energy Needs of a Thriving North Carolina

August 17, 2023

 Duke Energy today filed a new resource plan to advance the company’s energy transition while prioritizing reliability and affordability – one designed to help maintain North Carolina’s status as the nation’s top state for economic development. The Carbon Plan Integrated Resource Plan (CPIRP) builds on the trajectory of the North Carolina Utilities Commission’s (NCUC) 2022 Carbon Plan, which established a…

New Report Highlights $15 Billion in Utility-Scale Clean Power Investments in North Carolina

August 16, 2023

A newly-released report from the American Clean Power Association (ACP) details significant contributions being made in North Carolina from utility-scale clean energy projects. The report, Clean Energy Powers North Carolina, finds that nearly 10% of the state’s energy capacity is currently generated through solar and wind projects. Clean energy capacity in the state now stands at 6,433 megawatts…

Greenidge Completes Expansion of South Carolina Mining Facility to 44 MW

August 14, 2023

Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge” or the “Company”), a vertically integrated cryptocurrency datacenter and power generation company, today announced the completion of an expansion of their South Carolina mining facility to 44 MW of mining capabilities and its intention to enter into agreements to eliminate all of Greenidge’s secured debt obligations via the transfer to certain affiliates of…

Former SCANA CEO Sentenced to Two Years for Defrauding Ratepayers in Connection with Failed Nuclear Construction Project

March 9, 2023

Acting United States Attorney M. Rhett DeHart announced today that Kevin B. Marsh, 66, former SCANA Corporation (SCANA) Chief Executive Officer and Chairman of the Board of Directors, was sentenced to two years in federal prison after pleading guilty to conspiracy to commit mail and wire fraud. Evidence presented to the Court showed that Marsh…

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What We’re Reading

  • Canadian company to invest $56 million, create at least 122 jobs in Charlotte
    Source: Business North Carolina Published on May 23, 2025
  • Manufacturer shutdown leads to N.C. layoffs as TransAxle closes
    Source: Business North Carolina Published on May 22, 2025
  • Advance Auto shares soar 57% on reaffirmed full-year guidance
    Source: Business North Carolina Published on May 22, 2025
  • Status update: 7 Upstate commercial real estate projects
    Source: Upstate Business Journal Published on May 22, 2025
  • Franklin Real Estate Development finds inspiration in Greenville’s history
    Source: Upstate Business Journal Published on May 22, 2025

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