Duke Energy Corp. expects to spend $500 million over the next 15 years installing more than 300 megawatts worth of storage batteries on its Carolinas grid. Charlotte-based Duke (NYSE: DUK) released the estimate Wednesday morning, days after proposing its first microgrid project — including a two-megawatt solar farm and a four-megawatt storage battery — for residential and business customers. That will serve the remote mountain town of Hot Springs, on the North Carolina-Tennessee border north…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2018/10/10/duke-energy-pegs-battery-investmentat-500m.html?ana=RSS&s=article_search
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