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Duke Energy's coal-to-natural gas pleases Person County. Environmentalists say not so fast. The Roxboro coal-fired plant has been a key power generator since 1966. It's slated to close within a [...]

Cogentrix Energy, an independent power producer, was sold to Quantum Capital Group, a Houston-based private equity firm, for $3 billion. Cogentrix reported $640 million in revenue in 2023. It has [...]

Bharlotte's central business district is not the same bustling business hub that it was pre-pandemic, a similar fate facing many U.S. cities. Widespread retail vacancies are obvious, while eight Uptown [...]

The 12-year-old operation, housed in the Lee College of Engineering, has more than $22 million in external research funding, which it is primarily using to conduct studies with industry companies. [...]

Piedmont Natural Gas wants an 11.7% base rate hike. The Duke Energy subsidiary says it needs the rate increase to recoup costs of complying with federal safety regulations and to [...]

Duke Energy estimates that peak load growth in the Carolinas will be eight times greater than the company projected two years ago, reflecting North Carolina's major economic development expansions. Duke [...]

The Franklin County-Apalachicola Regional Airport is undergoing a $2.31-million rehabilitation to improve the security and capacity of its fuel storage and delivery systems. Duke Energy, the counties and communities that [...]

Silicon Valley business accelerator Plug and Play Tech Center is launching its Central Florida operations in January through a partnership with Osceola County, BRIDG and imec. The Sunnyvale, Calif.-based company, [...]

The round table was hosted by Credit Suisse and sponsored by Credit Suisse and Lenovo. The transcript was edited for brevity and clarity. WHAT'S GOING ON AT NORTH CAROLINA BUSINESS [...]

Since Indianapolis started courting major sporting events back in the 1980s, it has relied on the corporate community and foundations to help foot the bill. Eli Lilly and Co., the [...]

> Duke Energy is launching a flat-rate pilot with carmakers General Motors, Ford and BMW. The EV Complete Home Charging Plan will allow customers in North Carolina to use up [...]

Duke Energy started an 11-year process of excavation and clean-up at its steam station here as it turns a coal basin into a landfill to dispose of coal ash. Approximately [...]

April 20-21, 2023 In its eighth year, North Carolina's premier manufacturing conference powered by NCMEP + Business NC was held at the Benton Conference Center in Winston-Salem. North Carolina's most [...]

> Duke Energy is selling its unregulated Commercial Renewables business to Brookfield Renewable, at an enterprise value of approximately $2.8 billion, including non-controlling tax equity interests and the assumption of [...]

> Albemarle, a specialty chemicals manufacturer and miner with much of its revenue coming from lithium, joined the Fortune 500 list at No. 493. Other N.C. companies on the list [...]

North Carolina's rising profile as a business center in recent decades has coincided with an increased number of legal controversies involving corporations and senior executives. Meanwhile, federal law policing all [...]

The energy industry in the Carolinas is evolving rapidly. North Carolina has become a leader in the Southeast for solar energy. The grid is being modernized. Even the way buildings [...]

UNC Charlotte's Energy Production & Infrastructure Center (EPIC) is helping North Carolina meet its goal to reduce carbon emissions by 70% by 2030 and reach net zero by 2050. Groundbreaking [...]

IT'S A BUSY TIME IN NORTH CAROLINA'S ENERGY INDUSTRY. New sources, including renewables and natural gas, are adding generation options. Companies are applying technology to modernize the grid and increase [...]

The Public Works Commission says it is considering alternatives to buying power from Duke Energy Progress in an effort to ensure competitive power rates for its customers. It now pays [...]

Duke Energy Renewables Wind of Charlotte and Total Energies Renewables, a division of France's Total, signed 33-year leases to build wind farms off the coast of Wilmington after winning a [...]

NORTH CAROLINA'S ENERGY industry is growing. It employs more than 39,000 people, which is almost 10% more than in 2010, according to Cary-based Economic Development Partnership of North Carolina Inc., [...]

The clouds have rolled in, blotting out the sun for days. At night, here on the outskirts of Elizabeth City, blinking red lights warn airplanes of the tall wind turbines [...]

Duke Energy reached an agreement with several N.C. solar installers who objected to the company's proposed changes in rooftop solar rules and incentives. The company had sought to reduce what [...]

* Duke Energy sold two center-city Church Street buildings for an undisclosed amount. They have a combined appraised value of $138 million. The buyers are Berlin, Germany-based Millennium Venture Capital [...]

> A new 195-acre solar farm in Surry County includes 76,600 panels and will power the equivalent of 5,000 homes, according to Duke Energy. The Stony Knoll Solar facility is [...]

WHERE IS NORTH CAROLINA WITH REGARD TO RENEWABLES? JENNINGS North Carolina is the fourth-largest solar generating state and third-fastest growing last year. So far, its fluctuating generation hasn't compromised reliability, [...]

I's been seven years since a pipe burst at a coal ash-containment pond at the Duke Energy plant near Eden, allowing 39,000 tons of coal ash to flow into the [...]

Ocala Metro Chamber & Economic Partnership has received a $10,000 grant from Duke Energy for a local workforce participation survey. The survey will identify and address barriers to workforce entry. [...]

* Duke Energy is targeting its energy generated from coal to represent less than 5% of total generation by 2030 and to fully exit coal by 2035. Coal has made [...]

Ken Eudy, a veteran N.C. marketing executive and key behind-the-scenes figure in Gov. Roy Cooper's political career, left the administration on Dec. 31. Eudy had served as Cooper's senior adviser [...]

Hog waste gives farmers headaches. Fortunately, technology that turns it into electricity and income is bringing relief. Corporate livestock producers face one big problem: disposing of their animals' waste. It's [...]

Most people have never heard of Energy Systems Network. But they probably either know of or have been affected by one or more of the not-for-profit's forward-thinking projects. Those familiar [...]

Urbanists and downtown leaders know that universities are critical to the success of any city center. A downtown campus brings vitality to city streets, develops a workforce and inspires innovation. [...]

Duke Energy Progress implemented rate increases for N.C. customers. With the new rates, which have been approved by the N.C. Utilities Commission, the typical residential customer using 1,000 kilowatt-hours per [...]

THANK YOU TO OUR 2021 SPONSORS DUKE ENERGY[R] PLATINUM SPONSOR ECONOMIC DEVELOPMENT PARTNERSHIP of NORTH CAROLINA GOLD SPONSOR Sbtdc Your business. Better SILVER [...]

* More than 20,000 hatchery-raised spotted seatrout have been released into the Gulf of Mexico off Pine Island Park in Spring Hill. The restocking effort, intended to improve recreational fishing [...]

* Duke Energy Sustainable Solutions started a 250-megawatt solar plant in Texas. Three companies will purchase the power generated by the proposed Pisgah Ridge Solar project, which will be completed [...]

Companies are looking for works. They need people who not necessarily trained to fill a specific role but can adapt and find solutions to challenges. Science, technology, engineering and mathematics--STEM--education [...]

As the U.S. nuclear industry moves to deploy the first small modular reactors sometime in the next decade, there's a high probability that one or more of the transportable nuclear [...]

The energy industry is one of the bright spots in the Tar Heel economy, with a cluster of businesses growing in Charlotte and throughout the state. Business leaders from a [...]

Jim Rogers will hand over Duke Energy's CEO job to Progress Energy CEO Bill Johnson and become executive chairman of the combined company, which be based in Charlotte. Charlotte-based Duke [...]

Almost everyone in North Carolina has noticed the signs that something big is happening in the energy industry. Solar farms re seemingly being built overnight, fleets of hybrid, plug-in hybrid [...]

Events it was created to fund: 2021 NBA All -Star Game (postponed to 2024) 2021 NCAA Men's Basketball Final Four (now the entire tournament) 2022 College Football Playoff National Championship [...]