USA Rare Earth announced a $1.2 billion investment and 490 new jobs at the Bailey Industrial Site in Cherokee County, South Carolina. This major development was facilitated by Duke Energy's Site Readiness Program, which prepared the site through due diligence, infrastructure planning, and marketing, making it competitive for large projects. The program has helped attract $3.5 billion in investments and over 5,200 jobs statewide since 2005. Duke Energy continues to support economic growth by preparing sites to attract transformative industrial projects, with additional sites in Anderson and Chesterfield counties also recently readied for development.
Temperatures in the Carolinas are expected to reach the 90s, increasing demand on cooling systems and energy consumption. Duke Energy advises customers to set thermostats to the highest comfortable level, use cooler water for laundry, run appliances ...
Duke Energy Foundation is distributing $500,000 through its 2026 HERO Grant Program to 34 nonprofits and government agencies in South Carolina to enhance emergency preparedness for the upcoming hurricane season. Grants of up to $20,000 will fund trai...
Duke Energy has been awarded up to $61.8 million in new grants from the U.S. Department of Energy to support refurbishment projects at coal-fired power plants in Kentucky and North Carolina. This funding adds to a previous $34 million grant, bringing...
The Duke Energy Foundation announced $500,000 in grants for nonprofit programs supporting small businesses in North Carolina. Eligible nonprofits can apply for up to $25,000 to fund microgrants of up to $5,000 for small businesses to improve operatio...
Duke Energy Corporation is well positioned to benefit from rising power demand driven by AI data centers, leveraging its nuclear energy capabilities and presence in fast-growing states. The company reported strong first-quarter results and maintains ...
