On Friday, Duke Energy gave the South Carolina Department of Agriculture $100,000 to help local farmers scale up their operations and find sustainable markets.
A new market for Inflation Reduction Act clean energy tax credits will bring significant new capital to wind, solar, battery, clean hydrogen and carbon capture projects, financial analysts say. The IRA transferability provision allowing the buying and selling of federal production and investment tax credits could more than triple the $20 billion annual tax equity market that today finances clean energy in the U.S., the analysts say. Clean energy developers can earn revenues by selling tax credits, buyers can reduce their tax burdens while financing new projects, and utilities could increase ownership of low cost clean energy to reduce customer rates.
PLAINFIELD, Ind. — Approximately 70,000 people were affected by power outages after a storm swept through multiple Indiana counties late Friday night into early Saturday morning. Duke Energy has restored power to more than 61,000 of those customers. “The outage numbers don’t tell the story, however, of the damage we are seeing,” said Duke Energy […]