Gov. Mark Sanford and Thomas Sax, CEO of American Titanium Works (ATW), announced that ATW will build a world-class titanium mini-mill facility in Laurens County, South Carolina. American Titanium Works LLC, headquartered in Chicago, Illinois, will invest an estimated $422 million and plans to employ 320 people at its new facility in Laurens County.
Under one [...]

Duke Energy Corp. will buy privately held Catamount Energy Corp. for $240 million, plus assumed debt, to bolster its wind energy generation capability.
Duke bought the Rutland, Vt.-based renewable energy company from private-equity firm Diamond Castle Holdings LLC.
Catamount currently operates facilities providing 300 megawatts of renewable energy.
In May 2007, Duke bought Austin, Texas-based Tierra Energy, which [...]

A unit of Duke Energy Corp. wants to spend about $100 million to install solar panels to generate electricity at as many as 850 sites.
The proposal, filed with the North Carolina Utilities Commission, aims to install the panels at schools, homes, stores and factories.
If approved, Duke Energy Carolinas would spend two years installing the panels, [...]

Duke Energy Corp. said Wednesday it plans to buy all the power generated at a massive solar power plant to be built north of Charlotte.
The Charlotte-based utility is expected to purchase more than 16 megawatts of power from SunEdison LLC, a Maryland company that is one of the nation’s leading providers of solar-produced energy. The [...]

Duke Energy Corp. plans to move ahead with a controversial coal-fired power project in the Blue Ridge foothills, Chief Executive Jim Rogers said Thursday after the annual shareholders meeting.
After nearly two years of debate, the N.C. Utilities Commission in February approved only one of the proposed two units for Duke’s Cliffside facility, about an hour’s [...]

Environmentalists who sued Duke Energy Corp. over upgrades at its coal-fired plants say a proposed EPA rule undermines their U.S. Supreme Court victory and would give utilities a free hand to pollute.
At issue is how the government measures air pollution from the smokestacks of coal-fired power plants and other sources.
Environmentalists say the pollution should be [...]

The Supreme Court dealt a setback to the utility industry Monday, supporting a federal clean air initiative aimed at forcing power companies to install pollution control equipment on aging coal-fired power plants.
In a unanimous decision, the justices ruled against Duke Energy Corp. in a lawsuit brought by the Clinton administration, part of an enforcement effort [...]

Duke Energy estimated it would cost $1.53 billion to build a single coal-fired power unit at its Cliffside power plant in western North Carolina, the state Public Utilities Commission disclosed Wednesday.
Duke Energy Corp. provided the estimate when seeking permission from the commission to build a pair of generators, estimated at $3 billion, at its Cliffside [...]

Duke Energy Corp. may build only one 800-megawatt coal-fired generator at its aging facility in western North Carolina, not the two the utility has sought for nearly two years, the state Utilities Commission ruled Wednesday.
The Charlotte-based company said it needed the generators to meet increasing consumer demand.
Environmentalists argued Duke had failed to consider cleaner power-generating [...]

Power company Duke Energy Corp. posted lower fourth-quarter earnings on Tuesday due to higher settlement reserves and the impact of merger and restructuring activities.
The company, which merged with fellow power company Cinergy Corp. last April, earned $387 million, 31 cents per share, down from $606 million, or 63 cents per share, a year earlier.
Excluding special [...]