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Duke Energy Takes Solar Shot at Modest Commercial Businesses

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.

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Duke Energy Raises Clean Energy Goal 33%

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 »

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Why SunEdison’s Bankruptcy Doesn’t Throw Shade on Solar

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 »

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REC Solar, Sungevity Partnership Aims to Make Solar More Affordable for Businesses

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 »