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Power / Energy

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…

Duke Energy Carolinas Requests Rate Review by North Carolina Utilities Commission to Build a Cleaner, More Reliable Energy Future

January 19, 2023

Duke Energy Carolinas today asked North Carolina regulators to review its rates as the company continues to strengthen the electricity grid to improve reliability for customers and facilitate a cleaner, more secure energy future in a manner that supports economic development across the state. The rate case includes a three-year plan to fund system improvements, including nearly $4.2…

Duke Energy Restores Thousands of Customers After Substation Vandalism in N.C.

December 5, 2022

Duke Energy crews have restored power to nearly 7,000 customers since Sunday night when substations in Moore County were attacked. Today, approximately 38,000 customers in the area remain without power – down from 45,000, who were initially affected. Duke Energy will continue to restore service quickly and safely, although many affected customers should prepare for an outage…

Duke Energy Progress Requests Rate Review by North Carolina Utilities Commission to Build a Cleaner, Smarter Energy Future

October 6, 2022

Duke Energy Progress today asked North Carolina regulators to review its rates as the company continues to strengthen the electricity grid, reducing power outages for customers and facilitating a clean, secure energy future in a manner that supports economic development across the state. Over the past five years, infrastructure upgrades helped avoid more than 1.3 million extended…

Leeward Renewable Energy Begins Construction of Oak Trail Solar Project in North Carolina

October 6, 2022

Leeward Renewable Energy (“LRE” or “Company”) announced that construction has commenced on its Oak Trail Solar facility near Moyock, North Carolina. LRE will sell the 100 megawatts (MW) of renewable energy generated at Oak Trail Solar to Verizon Communications under a long-term power purchase agreement. “Verizon is committed to protecting our planet by supporting the…

Duke Energy Proposes New Programs to Help Grow South Carolina Economy by Helping Customers use 100% Renewable Energy

October 5, 2022

 Duke Energy has proposed the creation of innovative customer renewable programs and a major expansion of an existing one to allow South Carolina customers the option to supplement their power usage with 100% renewable power – a critical need for many businesses seeking to relocate or expand operations in the Palmetto State. Details were spelled out today…

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What We’re Reading

  • Gaston County eyed for more industrial development as two mystery projects seek incentives
    Source: Charlotte Business Journal Published on September 22, 2023
  • Cotton Street Townhomes project gets Greenville planning approval
    Source: Upstate Business Journal Published on September 22, 2023
  • New Clayton bioscience park takes big step forward as town approves rezoning
    Source: Raleigh Business Journal Published on September 22, 2023
  • Air taxi maker Joby Aviation picks Ohio over North Carolina for 2,000-job facility
    Source: Charlotte Business Journal Published on September 22, 2023
  • 2023 Corporate Leadership Awards: Jerry Vaughn with Railinc
    Source: Raleigh Business Journal Published on September 22, 2023

Recent Posts

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  • Agracel’s Jason Vaughn: Update on Industrial Real Estate Market in Southeast
  • Davis & Floyd Hires Marion Bull as Director of Business Development

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