Tag: Duke Energy
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Duke Energy piloting incentive program for home solar + storage in North Carolina
Duke Energy is implementing PowerPair, a new incentive-based pilot program for installing home solar generation with battery energy storage in its Duke Energy Carolinas and Duke Energy Progress service areas in North Carolina. The company received approval from the North Carolinas Utility Commission (NCUC) for the program on January 11, 2024. The one-time incentive-based program,……
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Float on: Duke Energy completes first floating solar project in Florida
Duke Energy’s first floating solar project in Florida is now in operation. The almost 1 MW floating solar array features more than 1,800 solar panels that float on top of 2 acres of water surface on an existing cooling pond at the company’s Hines Energy Complex in Bartow, Fla. The pilot project produces renewable energy while helping……
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Duke Energy to build solar-powered green hydrogen facility in Florida
An existing 74.5 MW solar plant will soon help power two electrolyzer facilities to produce green hydrogen. Duke Energy is preparing to break ground in DeBary, Florida, on the first demonstration project in the United States to successfully create clean energy using an end-to-end system to produce, store and combust 100% green hydrogen. Construction of the demonstration project……
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Duke Energy unveils Kentucky’s largest utility-scale rooftop solar site at Amazon Air Hub
Duke Energy customers in Northern Kentucky are benefiting from additional clean, renewable solar energy as a result of a new utility-scale rooftop solar project now generating power for area homes and businesses. Kentucky’s largest rooftop solar array operates more than 5,600 photovoltaic panels on the 800,000-square-foot Amazon Air Hub rooftop adjacent to the Cincinnati/Northern Kentucky International Airport. This Duke……
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Duke Energy to sell distributed generation business to ArcLight for $364 million
Duke Energy is selling its commercial distributed generation business to an affiliate of ArcLight Capital Partners LLC for an enterprise value of $364 million. The purchase agreement includes non-controlling tax equity interests. Duke expects approximately $259 million of proceeds from this transaction, which is subject to certain customary adjustments and will be received upon closing. This is Duke’s……