Charlotte-based Babcock & Wilcox Co. said a company it helped form has been awarded a $333 million U.S. Department of Energy contract to clean contaminated waste. The contract has been awarded to CH2M HILL-B&W West Valley, which was formed by Babcock & Wilcox Technical Services Group, CH2M HILL Constructors and Environmental Chemical Corp. The work involves the removal [...]
Duke Energy Corp. today said it plans to build another wind farm in Kansas. Duke Energy Renewables, a commercial business unit of Charlotte-based Duke, will build, own and operate the 131-megawatt Cimarron II Windpower Project in Gray County, approximately 200 miles west of Wichita. Duke said it purchased the project from Silver Spring, Md.-based CPV Renewable [...]
Babcock & Wilcox Chief Financial Officer Exercises Provisions of Retention Agreement Babcock & Wilcox Co.’s chief financial officer said he is ending his employment with the Charlotte-based company. Michael Taff said he will plans to exercise his right to terminate his employment under a Dec. 10, 2009, retention agreement. Following the completion of the agreement’s one-year term, which [...]
Duke Energy Carolinas today said it has requested approval from the North Carolina Utilities Commission to increase electric rates. When factoring in the company’s residential and commercial customers, it would mean an increase of about 15 percent. The Charlotte-based company said it wants to increase rates by approximately $646 million, adding that the need to pay [...]
Gov. Beverly Perdue has vetoed a bill that would have moved the state closer to allowing a controversial process to extract onshore reserves of natural gas. Senate Bill 709, which Perdue vetoed this afternoon, would have allowed the state Department of Environment and Natural Resources to explore the commercial potential of shale gas and regulations. The [...]
Babcock & Wilcox Co. said it has been awarded a $54 million contract for an emissions-control system for a power plant in Indiana. Under the contract, B&W will design and supply two wet flue gas desulfurization units for Northern Indiana Public Service Co.’s R.M. Schahfer Generating Station in Wheatfield, Ind. Charlotte-based B&W said it’s subsidiary, Babcock & [...]
Duke Energy Corp. said it will remain the title sponsor of Blumenthal Performing Arts Center’s Broadway Lights series for the 2011-12 and 2012-13 seasons. “The Broadway Lights series brings world-class programming to our community and is a prime example of how cultural arts enriches and shapes the economic development and growth of our region,” said [...]
A Chinese solar cell and modules maker has picked Charlotte as the base of its U.S. operation. Jetion Solar Corp., a subsidiary of Jetion Solar China Limited, today announced that it is leasing a 20,000-square-foot facility at the Prologis Business Park, 10900 South Commerce Drive, in the Westinghouse Boulevard area. In a press release, Jetion said [...]
Snyder’s-Lance Inc. said it has completed the largest ground-based solar farm in Pennsylvania. The 26-acre, 3 1/2-megawatt farm features 5,092 solar panels and is across from the company’s manufacturing plant in Hanover. The Charlotte-based company said the farm is expected to cover nearly 30 percent of the energy costs for the plant. RMK Solar, of Reading, Pa., handled [...]
Duke Energy Corp. said it will pay a quarterly cash dividend on its common stock of 25 cents a share, an increase of half a cent over the previous dividend. The dividend is payable Sept. 16 to shareholders of record at the close of business Aug. 12.
