LENOIR – Google recently announced that it is expanding its operations in western North Carolina by committing to an additional $600 million investment in its Lenoir, NC data center site. The global technology giant coupled this financial good news with a related announcement that the company is planning to work with Duke Energy to develop a new, renewable energy rate. This new option, which would be available to large customers…
Posted on April 23, 2013 at 1:00pm
Colonial Pipeline will begin shipping biodiesel blends on its pipeline to central and southern Georgia by the end of the month, the company said Monday, calling it a first for the nation's largest volume pipeline shipper of refined products.
The introduction of biodiesel into Colonial's system will occur near Griffin, Georgia, resulting in a blend of no more than 5% biodiesel suitable for trucking, farming and other diesel uses. The biodiesel will…
Posted on March 21, 2013 at 2:51pm
WASHINGTON, March 14, 2013 /PRNewswire via COMTEX/ -- Sol Systems successfully placed $15 million in tax equity into two 2.5 MW North Carolina projects on behalf of a Fortune 100 company. The financing arrangement marks the Fortune 100 company's first investment in solar and provides the solar industry with a new source of tax equity.
The US solar industry is supported by a 30% investment tax credit that generally requires outside investors with profitable…
Posted on March 14, 2013 at 12:15pm
RALEIGH – Earlier today, legislation was introduced in the NC General Assembly which seeks to undo comprehensive, compromise energy legislation that was passed in 2007 with overwhelming bipartisan support. House Bill 298, sponsored by NC Representatives Mike Hager, Jeff Collins, Marilyn Avila, George Cleveland, and Justin Burr, would eliminate North Carolina’s commitment to introducing advanced energy strategies into the heavily monopolized electric utility sector. The North Carolina…Continue
Posted on March 13, 2013 at 2:40pm