North Carolina’s draft Clean Energy Plan was published last week, including the retirement of 4GW of coal and putting in place measures to drive renewable energy and EV adoption in the US state.
North Carolina-headquartered utility Duke Energy has agreed to sell a minority stake in a roughly 1.2GW portion of its renewable energy portfolio for US$1.25 billion.
As part of Duke Energy’s efforts to advance battery storage technology within the Carolinas, the company announced US$500 million in projects over the next 15 years within both US states.
Cypress Creek Renewables, which developed 1GW of PV projects in an 18-month stretch up to the beginning of this year, has used Lockheed Martin’s lithium-ion battery storage solutions in a dozen just-completed solar-plus-storage projects.
Duke Energy announced plans to install North Carolina’s two largest battery storage systems — which stands as a US$30 million investment as part of Duke Energy’s Western Carolinas Modernisation Plan.
Work begins this month on solar-plus-storage projects in North Carolina that will deploy a total 12MWh energy storage, by developer Cypress Creek Renewables and turnkey solar and storage provider United Renewable Energy.