By Mecklenburg Times staff reports
Published: May 26,2011
Duke Energy Corp. today said it will buy a 20-megawatt wind farm in Wisconsin. Duke Energy Renewables, a commercial business unit of Charlotte-based Duke, is buying the Shirley Windpower Project from a subsidiary of Central Hudson Enterprises Corp. Duke declined to disclose the purchase price. The wind farm is on roughly 500 acres of leased [...]
By Scott Baughman
Published: May 24,2011
Forsite Development, the developer for the proposed ReVenture Park project, told Mecklenburg County officials Monday that the company will not be using the Foxhole landfill to dispose of leftover waste or ash. The announcement came as Forsite also said it no longer plans to take the county’s trash and convert it into energy at ReVenture. [...]
By Sam Boykin, staff writer
Published: May 13,2011
Although more than 400 miles and the Great Smoky Mountains separate Charlotte and Nashville, the two cities have a lot in common. For one, they are about the same size. Second, they are examples of progressive “New South” cities. As Harrison Campbell, associate professor of geography at the University of North Carolina at Charlotte, puts [...]
By Mecklenburg Times staff reports
Published: May 11,2011
Duke Energy Corp. and China-based ENN Group have signed an agreement to form an eco-partnership with Charlotte and the Chinese city of Langfang in Hebei Province. The agreement was signed Tuesday at a ceremony over which U.S. Secretary of State Hillary Clinton presided. The U.S. Department of State and the People’s Republic of China’s National Development and Reform [...]
By Scott Baughman
Published: May 5,2011
Duke Energy Corp. shareholders might need more coal or they might need no more coal. Dueling groups of protesters chanted for both at demonstrations today on South Church Street outside the utility company’s annual shareholders meeting in Charlotte. Both groups were calling for CEO Jim Rogers’ head. “We are concerned Jim Rogers is acting like [...]
By Mecklenburg Times staff reports
Published: May 3,2011
Duke Energy Corp. today said it had higher earnings in the first quarter. The Charlotte-based company had net income of $513 million, or 30 cents a share, up from $445 million, or 34 cents a share, in the same period last year. The company’s operating revenue rose to $3.66 billion for the quarter, up from [...]
By Mecklenburg Times staff reports
Published: April 14,2011
Duke Energy Corp. today said it plans to store electricity generated at its Notrees wind power project in west Texas using an energy-storage system developed by Austin, Texas-based Xtreme Power. In November 2009, Charlotte-based Duke announced plans to match a $22 million grant from the U.S. Department of Energy to install large-scale batteries capable of storing electricity produced by Notrees, a [...]
By Mecklenburg Times staff reports
Published: April 13,2011
Duke Energy Corp. today said it has formed a joint venture with Wisconsin-based American Transmission Co. to build, own and operate electric transmission infrastructure in North America. Charlotte-based Duke said the joint venture, Duke-American Transmission Co., will help address increasing demand for affordable, reliable transmission capacity in the U.S. and Canada. DATC will own all of the transmission assets [...]
By Mecklenburg Times staff reports
Published: April 13,2011
Duke Energy Renewables, a part of Duke Energy Corp., said it has acquired a 1-megawatt solar farm at an elementary school in southwestern North Carolina. Charlotte-based Duke said the approximately 4,400 ground-mounted photovoltaic solar modules at Martins Creek Elementary School in Murphy will generate an estimated 1.3 million kilowatt-hours of electricity per year, enough to power more [...]
By Mecklenburg Times staff reports
Published: April 4,2011
Duke Energy Corp. and Progress Energy today filed applications with the North Carolina Utilities Commission, asking for approval for a merger the companies announced in January. Charlotte-based Duke and Raleigh-based Progress would become the largest electric utility in the U.S. if the deal is approved. The application to the utilities commission outlined customer benefits expected from the [...]
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