Duke Energy Makes Strides to Cleaner Generation Fleet

SUGAR LAND--August 11, 2020--Researched by Industrial Info Resources (Sugar Land, Texas)--As the COVID-19 pandemic affects the industrial world, no industry remains untouched, including the Power Industry. Leading power holding company Duke Energy Corporation (NYSE:DUK) (Charlotte, North Carolina) estimates that for 2020 it will see a 3% to 5% decline in retail volumes. While the company, along with Dominion Energy Incorporated (NYSE:D) (Richmond, Virginia), recently cancelled the Atlantic Coast natural gas pipeline in the eastern U.S. due to a series of cost overruns and regulatory stumbling blocks, Duke continues to make strides to grow its footprint and generate cleaner power. The company has a robust $56 billion capital plan that will be in place through 2024.

Other companies featured: First Solar (NASDAQ:FSLR), Canadian Solar (NASDAQ:CSIQ)