Portfolio contains approximately 75 MW of solar and solar plus storage projects. CHARLOTTE, N.C.: Duke Energy Renewables, a subsidiary of Duke Energy (NYSE: DUK), today announced the closing of $109.4 million in a preferred tax equity funding from Goldman Sachs’ Alternative Energy Investing Group. The investment will be used over 18 months to fund a diverse portfolio […]
Duke Energy Florida announces 3 new solar power plants
Duke Energy Florida announces 3 new solar power plants to complete 700-megawatt commitment 2 other new solar sites begin serving customers. Collectively, company’s Florida solar plants will eliminate nearly 3 billion pounds of carbon dioxide emissions annually. ST. PETERSBURG, Fla. – Duke Energy Florida (DEF) today filed the locations of its three newest solar […]
Duke Energy Renewables and Colorado Springs Utilities bring 60 megawatts of solar energy online
Palmer Solar will provide clean energy to customers of Colorado Springs Utilities Project is largest solar facility contracted by Colorado Springs Utilities CHARLOTTE, N.C.: Duke Energy Renewables, a commercial business unit of Duke Energy (NYSE: DUK), and Colorado Springs Utilities (Springs Utilities) today announced the start of operation for a new solar energy generating facility, […]
Duke Energy Renewables’ 200-MW Mesteño Windpower project in Texas begins producing energy
– Project includes some of the tallest wind turbines in the U.S. – increasing wind energy production CHARLOTTE, N.C., Duke Energy Renewables, a commercial business unit of Duke Energy (NYSE: DUK), announced that its 200-megawatt (MW) Mesteño Windpower project in Starr County, Texas began commercial operation on Dec. 31, 2019. It is Duke Energy’s fourth […]
$300,000 in grants from Duke Energy will aid Triangle to transition to more electric buses
Transit agencies plan to increase electric bus fleet – Duke Energy grant continues company’s push to electrify transportation in North Carolina CHARLOTTE : A pair of grants totaling $300,000 from Duke Energy Corp. will help two transit agencies in the Triangle area fund electric bus-charging stations that are being incorporated into their fleets. “We’re pleased […]
Duke Energy Carolinas partners with Anderson County, S.C., on major battery storage project
– Project will improve grid reliability and provide Anderson Civic Center at least 30 hours of backup power during emergencies – Battery storage joins solar, electric vehicles, microgrids as part of company’s plans to modernize energy infrastructure across Carolinas GREENVILLE, S.C.: Duke Energy Carolinas is partnering with Anderson County, S.C., to build an energy storage […]
Duke Energy Renewables acquires 200-MWac Texas solar project from Canadian Solar
Rambler solar project will produce enough clean energy to power the equivalent of 40,000 homes CHARLOTTE, N.C. and GUELPH, Ontario: Duke Energy Renewables, a subsidiary of Duke Energy (NYSE: DUK), is expanding its solar energy portfolio by acquiring the 200-megawatt (MWac) / 266-megawatt peak (MWp) Rambler solar project from Recurrent Energy, a wholly-owned subsidiary of […]
Duke Energy completes sale of minority interest in its commercial renewable energy portfolio to John Hancock
CHARLOTTE, N.C.: Duke Energy (NYSE: DUK) today completed its previously announced sale of a minority interest in a portion of its commercial renewable energy portfolio owned and operated by its affiliate, Duke Energy Renewables, to the John Hancock Infrastructure Fund (“JHIF”), part of Manulife Investment Management, and John Hancock Life Insurance Company (U.S.A) (collectively, “John […]
Duke Energy Renewables completes nine solar projects in conjunction with Georgia Power’s Renewable Energy Development Initiative
– All nine projects developed with SolAmerica Energy are in commercial operation – Duke Energy Renewables now has 27.4 MW of solar projects in Georgia CHARLOTTE, N.C.: Duke Energy Renewables, a subsidiary of Duke Energy (NYSE: DUK), announced that nine solar projects developed with SolAmerica Energy totaling 14.1 megawatts (MW) have begun commercial operations across […]
More renewable energy options available under Duke Energy’s Green Source Advantage
– Allows large energy users to secure renewable energy from new facilities – 600 megawatts of new renewable energy capacity approved in N.C. CHARLOTTE, N.C.: The North Carolina Utilities Commission (NCUC) has approved Duke Energy’s Green Source Advantage (GSA) program in North Carolina, enabling the company to expand renewable energy options for customers. View the NCUC […]