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Duke Energy, Southern look to renewables growth; Duke targets 8 GW by 2020

Duke Energy, one of the largest utility holding companies in the U.S., has pronounced a new growth strategy: Renewable energy. The company, whose regulated utility territories span six states in the Southeast and Midwest, said in an April 28 news release hinged to its 2015 sustai Read More...

Southern Power completes €1.1B green bond issuance to accelerate renewable projects

Continuing on plans to accelerate ownership of renewable energy generation, Southern Co. subsidiary Southern Power has completed the issuance of €1.1 billion aggregate principal amount of green bonds. An amount equal to the U.S. dollar equivalent of the net proceeds of the o Read More...

Southern Power continues solar binge, scoops up 3 new projects

On its path to be a "renewable energy leader," Southern Co.'s unregulated electric power business has bought three new solar projects in as many days. In the wake of a scathing July 5 report in the New York Times regarding Southern Co.'s long-running "clean coal" project under constru Read More...

Southern Power buys 3rd Oklahoma wind project

Continuing on its clean power acquisition binge, Southern Co. subsidiary Southern Power on Aug. 29 announced its purchase of a 147-MW wind facility from Apex Clean Energy. The Great Plains wind facility in Oklahoma marks Southern Power's third wind project purchase in the state, build Read More...

Royal Caribbean adds a gust of windpower

Royal Caribbean Cruises Ltd. announced it has signed a PPA with Southern Power for its 200-megawatt Reading Wind Facility. This initiative will offset up to 12% of Royal Caribbean's emissions beginning in 2020.A statement calls the agreement "the latest addition to the company's extensive sustainabi Read More...

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