The $1.25 billion deal with John Hancock will help fund Duke’s future capital growth and support its renewable energy business. Duke Energy Renewables, the competitive renewables arm of U.S. utility giant Duke Energy, has agreed to sell insurer John Hancock a minority share of its wind and solar portfolio, amounting to 1.2 gigawatts of generation […]
Duke Energy Contracts for 602MW of Solar in North Carolina—Nearly Half of It From Itself
Unlike utilities in many other states, Duke is allowed to compete against other developers to meet North Carolina’s renewable energy targets. Duke Energy announced contracts Wednesday for 602 megawatts of utility-scale solar under a statewide competitive procurement in North Carolina — with nearly half of the projects to be built by Duke or its own […]
Duke Energy Wants to Spend $76 Million on Electric Vehicle Charging Infrastructure
North Carolina’s infrastructure has not kept up with the growth of EVs. that would allow EV drivers to zip along highways in the Southeast. North Carolina’s infrastructure has not kept up with the growth of EVs, Duke acknowledged in a filing with the North Carolina Utilities Commission. The state has just 43 public fast-charging stations […]
