Duke Energy Rentals Corp.

Solar+Storage

Sunstone Credit | February 11, 2022

Sunstone Credit, Inc., a technology-enabled solar loan finance platform for businesses, announced the company's initial fundraise, including investments from Forbright Bank, Cross River Digital Ventures, Grotech Ventures, Early Light Ventures and the University System of Maryland Momentum Fund. In addition to their investments, Forbright Bank and Cross River will also serve as strategic partners to Sunstone, and provide the financing to back its loan portfolio. Sunstone is on ...

Southern Power | June 23, 2020

Southern Power, a leading U.S. wholesale energy provider and subsidiary of Southern Company, today announced that the 200-megawatt (MW) Reading Wind Facility in Osage and Lyon Counties, Kansas, is now operational. This project, Southern Power's eleventh wind facility, is the first to be validated as a carbon offset project under the Verified Carbon Standard Program through an agreement with Royal Caribbean Cruises Ltd. This initiative, which is expected to annually offset more than 10 percen...

Solar+Storage, Products

The Timken Company | July 18, 2022

The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, has been selected as the exclusive provider of advanced precision drives for the Redstone Solar Thermal Power project in Northern Cape, South Africa. BrightSource Energy chose Timken's solar-tracking technology, developed by its Cone Drive business, to properly position Redstone's heliostat mirrors to reflect the sun's rays. The facility will store the th...

8minute | July 09, 2020

Solar and storage developer 8minute Solar Energy has completed its first utility-scale solar project in Texas. 8minute confirmed the 280MWdc/200MWdc Holstein solar farm, built alongside Duke Energy Renewables, has now begun operations. The Holstein solar project comprises more than 700,000 solar panels and marks a “significant milestone” for 8minute, the company said, as it continues to build on its solar footprint outside of its home state of California. Tom Buttgenbach, president a...