New Report Highlights $15 Billion in Utility-Scale Clean Power Investments in North Carolina
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
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
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
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.
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
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
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
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…
Duke Energy Outlines Progress on Clean Energy Transition
Duke Energy (NYSE: DUK) today provided an update on its strategy to meet customers’ need for affordable, reliable and increasingly clean energy. The company’s planned investment of $145 billion over the next 10 years for critical energy infrastructure is essential to meeting these customer needs and achieving net-zero carbon emissions by 2050 while also creating substantial economic benefits…
The Built Environment Blunder Causing Significant Carbon Emissions
The U.S. Department of Energy reports that, as of 2021, buildings consume 39.1% of U.S. energy and 75% of electricity,(1) which accounts for 16% of carbon emissions.(2) Creating a comfortable indoor environment by providing adequate light and temperature control uses most of this energy. Buildings that effectively insulate from moisture and wind while allowing fresh…
