Santee Cooper Selects Brookfield Asset Management to Proceed with Nuclear Project
After a thorough, expert-driven review of proposals from global leaders in the nuclear power industry, the Santee Cooper Board of Directors approved today a letter of intent with Brookfield Asset Management (“Brookfield”) to guide final, exclusive negotiations with Brookfield concerning the two partially built AP1000 nuclear units in Fairfield County, SC. The letter of intent…
RTI International Breaks Ground On Major Expansion Of Pilot Xcelerator Energy Facility
RTI International, an independent scientific research institute, celebrated the start of a project that will more than double the size of its RTI Pilot Xcelerator (RPX), a plug-and-play demonstration facility at its Research Triangle Park campus that helps government agencies, commercial partners and startup companies scale, engineer and test transformative energy and industrial innovations. The expansion…
Combining Duke Energy Carolinas and Duke Energy Progress Projected to Save Customers Over $1B in Future Costs
Today, Duke Energy asked state and federal regulators for permission to combine its two electric utilities in the Carolinas. Planned for years, the combination is projected to result in billions of dollars in customer savings. Duke Energy Carolinas (DEC) and Duke Energy Progress (DEP) have operated as separate utilities since the 2012 merger of Duke…
Integrated Power Services (IPS) Acquires Switchgear Solutions
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
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
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
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
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
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
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…
