(Reuters) - Goldman Sachs Group Inc (GS.N) will sell its power plant development unit to Carlyle Group (CG.O) in the latest of a string of deals by the private equity firm since the break-up of its energy investment venture with Riverstone Holdings LLC.
The deal to buy Charlotte, North Carolina-based Cogentrix Energy LLC will give Carlyle access to three coal-fired and two solar power plants, and a development pipeline with over 550 megawatts (MW) of operational capacity.
RALEIGH, N.C., September 7, 2012 – Agriculture Secretary Tom Vilsack today announced that USDA has reached its $250 million goal to finance smart grid technologies, a key component of President Obama's effort to help modernize our nation's electric system. Vilsack also announced nine rural electric cooperatives and utilities in 10 states including North Carolina will receive loan guarantees to make improvements to generation and transmission facilities and implement smart grid technologies.
Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar companies, and Mortenson Construction, a leading engineering, procurement and construction (EPC) Contractor, broke ground on a 2.5 MW PV solar installation in Laurinburg, NC, an agricultural community in Scotland county. The solar project is set to be completed in December 2012.
Canadian Solar, the project owner is responsible for overall project delivery and will supply modules to Mortenson Construction, which will complete the design and engineering services, as well as the installation of the equipment. Developed by Charlotte, NC-based Birdseye Renewable Energy, the PV solar system will be located on a 10-acre site and is expected to generate approximately 3,483 MWh of clean electricity annually, enough to power 300 homes.
In August 2012, Baker Renewable Energy (Raleigh, North Carolina) has installed a solar thermal system comprising 138 individual solar thermal collectors which is equivalent to a 276 kW photovoltaic (PV) system. This solar heating system represents the largest solar hot water system in Virginia, Baker Renewable Energy emphasizes.
The solar thermal system will offset about 30% of the jail's natural gas usage, and will provide 2.5 million gallons of hot water per year to the facility.
September 5th, 2012
North Carolina State University will lead a national nanotechnology research effort to create self-powered devices to help people monitor their health and understand how the surrounding environment affects it, the National Science Foundation announced today.
The American Institute of Architects (AIA) Triangle Section announced its third annual Triangle Tour of Residential Architecture. The self-guided tour will feature six award-winning, architect-designed homes throughout the Triangle and will take place on Saturday, October 6 between 10:00 and 5:00 p.m. with a cost of $15 per person.
Charlotte, NC –September 5, 2012.
Charlotte’s first Eco-industrial Park, ReVenture Park, announced an agreement today with Renewed World Energies (RWE) to develop an algae-to-fuel pilot plant with plans to quickly expand into a full commercial scale bio-fuel facility. RWE has been developing a commercially viable system to turn algae into cleaner burning fuel and high-energy feedstock for alternative energy plants. The patent pending systems will be used to create different strains of algae that will be utilized to create everything from transportation fuel to health supplements. The initial facility is expected to be operational Sept. 30th, 2012.
NCSEA Board Member and Sheercom LLC Founder, Jacqueline Patterson participated on the Creating Jobs: Female Founders Panel at the DNC on September 6 at 10:a.m.. The panel also featured Kay Koplovitz, Chairman and CEO, Koplovitz & Co., Sara Garces, Founder, Packard Place, Molly Barker, Founder, Girls on the Run and Rachel Sklar, Founder, Change the Ratio. This panel focused on female entrepreneurs as job creators, and examined the obstacles and strategies particular to their success stories.
North Carolina is more energy-efficient than it was in 2009. Homes, schools, college campuses, businesses and government facilities are using less energy, saving on utility bills and generating more power from renewable sources as a result of grants distributed by the N.C. Energy Office and funded through the American Reinvestment and Recovery Act.
Note from NCSEA: This is a Strata Solar Farm Project
Posted: Sep 03, 2012 4:36 PM EDT Updated: Sep 03, 2012 4:36 PM EDT
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