CHARLOTTE, N.C., Feb. 9, 2015 /PRNewswire/ -- Duke Energy, the nation''s largest electric utility, today announced the acquisition of a majority interest in REC Solar, a provider of comprehensive
Oct 22, 2024· Duke Energy''s first floating solar project in Florida is now producing clean, renewable energy while helping the company better understand the capabilities of innovative clean energy technologies to benefit Florida customers and communities, now and in the future. Duke Energy completes sale of commercial distributed generation portfolio
Mar 8, 2023· 250-MW plant now online in Navarro County, Texas; Three companies purchased output under 15-year VPPAs CHARLOTTE, N.C., March 8, 2023 /PRNewswire/ -- Duke Energy Sustainable Solutions (DESS), a nonregulated commercial brand of Duke Energy (NYSE: DUK), is now operating its largest solar power plant ever – the 250-megawatt (MW) Pisgah Ridge
For example, the energy solutions deployed by Montgomery County, Maryland, partnering with Duke Energy Renewables, REC Solar and Schneider Electric, exemplify the opportunities afforded by tapping into a diversified energy portfolio. The county incorporated solar and high-efficiency heat delivered through a microgrid-as-a-service model to
Jul 13, 2012· CHARLOTTE, N.C. -Duke Energy will perform a required maintenance project at the Tuxedo Hydro Station on Lake Summit this fall, requiring a temporary 30-foot drawdown from full pond.Duke Energy contractors need to replace wooden trash racks that are Duke Energy Announces Executive Departures
Dec 6, 2017· Duke Energy announced Wednesday that it has taken full control of California-based commercial solar developer REC Solar. The acquisition comes after Duke acquired a majority stake in the company
Jul 5, 2023· Duke said it expects about $259 million of proceeds from this sale, which the company would use to help incorporate more than 30,000 megawatts of regulated renewable energy into its system by 2035.
Jul 5, 2023· The business includes operating assets of REC Solar, which Duke had acquired in 2015, development pipeline and operations and maintenance portfolio, as well as distributed
Illustration shows Electric power transmission pylon miniatures and Duke Energy logo (Reuters) - Utility firm Duke Energy said on Wednesday it would sell its commercial distributed generation business to private equity firm ArcLight Capital Partners in a $364 million deal.
Clean Energy Impact is a simple, low-cost way for you to offset some (or all) of your electricity usage with clean energy. By purchasing renewable energy certificates (RECs) from local solar energy generation sites, the program allows you to claim the clean energy attributes, advance your sustainability efforts and reduce your environmental footprint.
Jul 20, 2018· REC Solar''s project capacity is still catching up with its refined strategy, about six months after Duke Energy Renewables fully acquired the commercial solar developer.
Oct 4, 2023· Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America''s largest energy holding companies s electric utilities serve 8.2 million customers in North
Duke Energy Renewables Solar, LLC.; and REC Solar Commercial Corporation. About JUWI Inc. The JUWI Group has been one of the leading specialists of renewable energy for more than 25 years and offers complete project development as well as other services related to the planning, construction, and operational management of renewable energy plants
Learn more about solar energy and how it works as well as how you can participate in solar energy programs. Duke Energy and its subsidiaries had 180 utility-scale solar projects in 16 states and can generate more than 10,000 megawatts of electricity from wind and solar. There are also REC-buying programs that enable you to purchase
Duke Energy has bought a majority stake in REC Solar and is ready to invest up to $225 million in REC''s solar projects. This is a significant investment in the solar industry, which has seen a lot of consolidation and large deals recently.
Feb 4, 2020· Buying a wind REC from Texas doesn''t mean wind power is being delivered to your doorstep. But in an accounting sense, it is. Duke Energy is buying and selling RECs at its trading floor in Charlotte. Currently, a REC can cost from 75 cents to $8 in Duke Energy''s regulated service territories depending on geography and state regulations.
Apr 6, 2017· Duke Energy Renewables, which owns a majority interest in REC Solar, owns the microgrid system and solar array and is selling the power to Schneider Electric through a long
Jul 1, 2024· The answer: Duke Energy''s first solar plant on a municipal landfill. "It presented some challenges," Watson said, "like constructing a solar facility without penetrating the cap, the landfill''s surface. One REC is issued when 1 MW-hour of electricity is generated and delivered to the grid from a renewable energy source. They can
Oct 23, 2024· US utility Duke Energy Corp (NYSE:DUK) announced today it has taken full control of California-based commercial solar firm REC Solar, having bought a majority stake in February 2015. The company said it has acquired the remaining shares in a cash transaction, without disclosing its value.
CHARLOTTE, N.C., Oct. 4, 2023 /PRNewswire/ -- Duke Energy (NYSE: DUK) today announced it has completed the sale of its commercial distributed generation portfolio to an investment fund managed by ArcLight Capital Partners, LLC (collectively, "ArcLight"), a leading middle market infrastructure investment firm.
What is solar energy? Solar panels generate electricity with no carbon emissions when light particles, called photons, reach the panel''s surface. In 2022, Duke Energy and its subsidiaries had 180 utility-scale solar projects in 16 states and can generate more than 10,000 megawatts of electricity from wind and solar.
Jul 20, 2018· REC Solar''s project capacity is still catching up with its refined strategy, about six months after Duke Energy Renewables fully acquired the commercial solar developer.. According to GTM
Dec 10, 2020· REC Solar is a business unit of Duke Energy Renewables, a nonregulated affiliate of Duke Energy (DUK) that operates 3,000 MW of wind and solar generation facilities across the U.S. Based in San
Duke Energy announced Wednesday that it has taken full control of California-based commercial solar developer REC Solar. The acquisition comes after Duke acquired a majority stake in the...
A REC represents the environmental attributes of 1 megawatt-hour (MWh) of electricity generated from renewable energy sources such as wind, solar, biomass and others. You can purchase RECs to match some or all of your electricity usage, allowing you to find the best combination to help reach your sustainability goals.
Jul 29, 2021· Located in Travis County, Texas, the 144-MW Pflugerville Solar project is the fifth utility scale solar facility that Duke Energy Sustainable Solutions,* a nonregulated commercial brand of Duke Energy, has placed in commercial operation in the state. LLC; Duke Energy Renewables Storage, LLC; Duke Energy Renewables Wind, LLC; and REC Solar
Sep 7, 2016· SolAmerica Energy developed the ground-mounted projects and managed construction under an engineering, procurement and construction agreement with Duke Energy affiliate REC Solar. The projects are part of the
Stay up to date with the latest news and press releases from Duke Energy One Energy Services. You may notice some changes on our site. Duke Energy Sustainable Solutions is now Duke Energy One. Learn more Get Started and Firestone Walker Brewing Company have completed one of the largest on-site solar arrays in the craft beer industry -- a 2.
Today, nearly 5% of U.S. electricity comes from solar generation, almost 11 times as much as a decade ago. In 2022, Duke Energy and its subsidiaries had 180 utility-scale solar projects in 16 states and can generate more than 10,000 megawatts of electricity from wind and solar. Think you know solar now? Why not take our Solar Quiz!
3 days ago· Duke Energy Carolinas customers in South Carolina will see their electric rates fall starting Nov. 1 as part of an annual adjustment for the cost of fuel used to generate electricity at its power plants. As approved by the Public Service Commission of South Carolina (PSCSC), today''s average monthly residential bill will decrease by 12.7%.
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