Posts tagged “Green Energy”

January 15, 2010

Premium Lock Durham-based energy firm to share in $44M federal grant

Biofuels Palmer Labs is part of a consortium that lands Department of Energy funding for technology to turn algae into a renewable fuel source.

Updated January 11, 2010

Premium Lock Novozymes receives $28.4M tax credit, to invest in Neb. enzyme plant

Novozymes' facility in Franklinton  Cree, four firms with operations in South Carolina also receive credits for programs designed to produce “green” sector jobs.

January 4, 2010

Premium Lock Nevada utility picks Raleigh-based Sensus for smart grid

 NV Energy selects wireless FlexNet system to link 2.4 million customers as part of plan to improve energy distribution.

Updated December 11, 2009

Premium Lock Cap-and-trade won't cause 'appreciable negative effects' on economy, RTI finds

Cap and trade debate In his analysis of proposed legislation "blueprint" from Duke Energy-backed group, RTI economist says households would pay $57 more in annual energy costs in 2015. U.S. Climate Action Partnership is calling for passage of cap-and-trade legislation as global energy debate intensifies. Duke CEO wants quick passage of an energy bill.

December 1, 2009

Premium Lock Duke Energy brings another wind turbine ‘farm’ online

Charlotte-based utility adds enough power for 30,000 homes with 66-turbine project in Wyoming. Farms are already online elsewhere at second Wyoming site, in Texas and Pennsylvania.

Duke's new wind power farm in Wyoming Duke's new wind power farm in Wyoming

Updated December 1, 2009

Premium Lock Progress goes more 'green,' to shut down more coal-fired power plants

Bill Johnson Raleigh-based utility to close coal plants that don’t have ‘scrubbers’ for emission controls by 2017. Progress also says it plans to build more natural-gas fired facilities.

November 24, 2009

Premium Lock Duke Energy wins $22 million federal grant for wind energy storage project

Duke commits $22 million to storage project Charlotte-based utility plans to match Department of Energy funds to design, build a battery storage facility in Texas.

November 19, 2009

Premium Lock State gives green-tech grants to 18 small firms

The Office of the Governor estimates that the grants will create more than 200 jobs.

Updated November 10, 2009

Premium Lock Cree to build huge manufacturing facility in China

LED-equipped street lights Durham-based company buys 592,000-square-foot building to house its first chip manufacturing facility outside North America.

Updated November 5, 2009

Premium Lock Walmart to put Cree LEDs in 650 stores

Cree LRP38 The Durham-based light-maker says its products will go into produce and electronics departments.

Updated October 28, 2009

Premium Lock Early Halloween treat: Cree execs cash out millions in shares

Cree's Chuck Swoboda  With its stock reaching a 52-week high of $46.25, chairman and chief executive officer Chuck Swoboda sells more than 400,000 shares, according to SEC data. CFO and a co-founder also cash in as the Durham-based firm capitalizes on demand for light emitting diodes.

Updated October 28, 2009

Premium Lock Progress, Duke, Southern Company land nearly $470M in smart grid funds

Three utility firms target North Carolina for portions of upgrade projects, will invest nearly $1.6 billion of their own funds. Nationwide, Obama administration awards $3.4 billion in grants across 49 states.

Progress Energy smart grid project areas in Carolinas Progress Energy smart grid project areas in Carolinas

Updated October 24, 2009

Premium Lock ‘We are running pretty flat out right now,’ says Cree CEO

Chuck Swoboda In his own words: During conference call to discuss Cree’s quarterly earnings and market demand for its chips as well as LEDs, Chuck Swoboda talks about expanding capacity and adding employees to meet growing demand.

October 17, 2009

Premium Lock SAS to light up another solar power plant at Cary campus

Solar power Project will provide electricity for more than 200 homes. Progress Energy will purchase the power.

Updated October 9, 2009

Premium Lock Having raised $400M, Cree to announce more 'green jobs'

Cree LED Capitalizing on growing global demand for LED lighting, the Durham firm schedules press conference after markets close Thursday. Cree shares have tripled in value over last year despite the recession, and the company recently raised more than $400 million, $150 million of which is set aside for expansion.

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