When it comes to accessing the new energy market place, Duke Energy has a made a key move — going after the smaller-to-mid-sized commercial solar markets, which it thinks has huge potential. Today, the Charlotte-based utility announced it will be making significant investments in REC Solar, including personnel.
Duke Energy says it expects to own or purchase 8,000 megawatts of wind, solar and biomass capacity by 2020 — a 33 percent jump from the old goal of 6,000 megawatts established in 2013. The largest utility in the US sets this new goal in its latest sustainability report. At … Read more »
SunEdison filed for bankruptcy yesterday, following a buying spree that sunk the renewable energy company deep into debt. In its Chapter 11 filing, the company said it had assets of $20.7 billion and liabilities of $16.1 billion, making it the biggest US bankruptcy in more than a year, Bloomberg reports. … Read more »
Upfront solar energy capital investments remain a key barrier for businesses, especially small- and medium-sized firms, that want to go solar. A new partnership between REC Solar and Sungevity aims to address this while helping businesses of all sizes reduce energy costs. “This partnership will afford small and medium businesses … Read more »