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CINCINNATI - Since 1946, more than 9 million people have visited Duke Energy s lobby at Fourth and Main streets to see one of the world s largest model train displays., , , , Many adults who once visited ...
CHARLOTTE, N.C., Nov. 3 /PRNewswire-FirstCall/ -- Duke Energy (NYSE: DUK) has opened a Twitter account to make keeping up with the company's news even easier.
http://www.prnewswire.com/news-releases/follow-duke-energy-news-on-twitter-68850497.html
(AP Photo/Chuck Burton) A line worker works near the Duke Energy Plaza, background in Charlotte, N.C., Thursday, Oct. 29, 2009. Power company Duke Energy said Friday, Oct.
Power company Duke Energy says its third quarter profit dropped sharply from a year ago as it wrote down the value of some power generation operations in the Midwest.
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CHICAGO, Nov 05, 2009 /PRNewswire via COMTEX/ --
Suzlon Wind Energy Corp., the North American subsidiary of Suzlon Energy Limited (SEL), announced the early completion of the Silver Sage Windpower Project, a Duke Energy wind farm in Cheyenne, Wyoming, that is comprised of 20 Suzlon S88-2.1 megawatt wind turbines.
The Silver Sage Wind Farm began operating in early October, more than two months ahead of the targeted completion date. In total, Duke Energy has more than 130 megawatts (MW) of installed Suzlon S88 wind turbines located in Wyoming and West Texas.
"We believe Suzlon works harder than anyone in the industry to put the customer first - from our sales team all the way through to the construction and service teams, and warranty program," said Andris Cukurs, CEO of Suzlon Wind Energy Co. "Getting projects online sooner means we give them an earlier start on their return on investment and add green electrons that much sooner to the grid. We appreciate the fine partnership with Duke to make it all come together."
At full capacity, the 20 Suzlon wind turbines are capable of producing 42 MW of wind-generated electricity, which is enough energy to power nearly 20,000 average US homes.* Cheyenne Light Fuel & Power, a utility subsidiary of Black Hills Corp., and Colorado-based Platte River Power Authority are buying the renewable energy generated by Duke Energy at its Silver Sage Project.
In addition to supplying and building the turbines, Suzlon is providing operations and maintenance at Silver Sage through a five-year service agreement with Duke Energy. Suzlon also supplied the 14 S88 turbines in use at Duke Energy's nearby Happy Jack Windpower Project, a 29-MW wind farm that entered commercial operation in September 2008.
Suzlon has more than 1,600 megawatts of wind turbine capacity installed in the U.S. and a total of 130 megawatts through three projects with Duke Energy.
About Suzlon Wind Energy Corporation
Suzlon Wind Energy Corporation focuses on the North American market and is a subsidiary of Suzlon Energy Limited, India. The headquarters for North America is based in Chicago, Illinois. Sales and service offices are located throughout the U.S.
About Suzlon Energy Limited
Suzlon ranked as the world's third** leading wind turbine supplier in terms of market share in 2008. Suzlon has ranked as the leading manufacturer in the Indian market for ten consecutive years, maintaining over 50% market share. Suzlon has its corporate offices in Pune, India and the company's global spread reflects in its projects and markets portfolio - extending across Asia, Australia, Europe and North and South America. Suzlon is a highly vertically integrated wind turbine manufacturer with manufacturing capability along the full value chain - from components to complete wind turbine systems. For more information on Suzlon, please visit: www.suzlon.com.
NOTES:
* A 10-kW wind turbine can generate about 10,000 kWh annually at a site with wind speeds averaging 12 miles per hour. The average U.S. household consumes about 10,000 kWh of electricity each year. A 5-MW turbine can produce more than 15 million kWh in a year--enough to power more than 1, 400 households. Source: AWEA, www.awea.org.
** Suzlon and REpower, if taken together, stand as the world's third leading wind turbine supplier group in terms of market share. Market share of 12.3% is derived from BTM Consult ApS World Market Update 2008, ranking Suzlon with 9% of global market share and REpower with 3.3% of global market share.
Press Contacts:
USA:
Edelman Public Relations
Marni Futterman
Tel: 312.240.2611
Marni.Futterman@Edelman.com
India:
Edelman India
Abhinav Srivastav
Mumbai
+91 (98923) 23750
Abhinav.Srivastava@edelman.com
Investor Relations Contacts:
Suzlon Energy Ltd.
Nishit Dave
Investor Relations, Mumbai
+91.22.6639.3200
ndave@suzlon.com
SOURCE Suzlon Wind Energy Corp.
http://www.suzlon.com
Tags: asia australia ceo colorado commercial corporate electricity energy europe india investment manufacturer manufacturing market market share north america online partnership public relations sales schedule silver south america utilities wind power wyoming
Companies: Duke Energy Corp. (DUK), Suzlon Energy Ltd (SZEYF)
CHARLOTTE, N.C., Nov 03, 2009 /PRNewswire-FirstCall via COMTEX/ --
Duke Energy (NYSE: DUK) has opened a Twitter account to make keeping up with the company's news even easier.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040414/DUKEENERGYLOGO )
This simple news feed is linked directly to the RSS feed from Duke-Energy.com so all company-initiated news releases will appear on the site. The account will also "retweet" others' news about Duke Energy.
Located at @DukeEnergyNews (www.twitter.com/DukeEnergyNews), this is a sister account for @DukeEnergyStorm (www.twitter.com/DukeEnergyStorm), which provides breaking news and updates during storm events, as well as weather preparedness information and safety tips
"After seeing a lot of interest in Duke Energy on twitter, we decided we wanted to make it easier for people to get and share news releases and related information," said Michelle Pearson, Duke Energy's director of social media. "People today consume information in many different ways and we want to make sure we're being responsive to not only our customers, but anyone who is following our company."
Headquartered in Charlotte, N.C., Duke Energy is a Fortune 500 company traded on the New York Stock Exchange under the symbol DUK. More information about the company is available on the Internet at: www.duke-energy.com.
CONTACT: Lisa Hoffmann
Phone: 704-382-1218
24-Hour: 800-559-3853
SOURCE Duke Energy
http://www.duke-energy.com
Tags: energy media nyse weather
Companies: Duke Energy Corp. (DUK)
Nov 04, 2009 (Datamonitor via COMTEX) --
US-based Duke Energy has reported a net income attributable to the company of $109 million, or $0.08 per diluted share, for the third quarter of 2009, compared to $215 million, or $0.17 per diluted share, for the same period of 2008.
The company has reported operating revenues of $3.39 billion for the third quarter of 2009, compared to $3.51 billion for the same quarter of 2008.
Duke Energy has reported a net income attributable to the company of $729 million, or $0.56 per diluted share, for the first nine months of 2009, compared to $1.03 billion, or $0.81 per diluted share, for the corresponding period of 2008. Year-to-date operating revenues were $9.62 billion, compared to $10.07 billion for the first nine months of 2008.
Jim Rogers, chairman, president and CEO of Duke Energy, said: "I'm very pleased with our results through the third quarter. We continue to perform well in this recessionary climate, matching cost reductions with the declines we're experiencing in usage by our industrial customers.
"We are maintaining our commitment to operational excellence and strong credit and liquidity. Most importantly, we haven't lost focus on building our business for the long term, modernizing our fleet and achieving constructive regulatory recovery of our capital investments."
http://www.datamonitor.com
Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon
Tags: business ceo energy industrial president
Companies: Duke Energy Corp. (DUK)
WASHINGTON, Nov 05, 2009 /PRNewswire-USNewswire via COMTEX/ --
It seems as if Duke Energy CEO Jim Rogers should be lobbying for increased greenhouse gas emissions.
Rogers is convinced -- because his grandchildren told him so -- that carbon dioxide emissions are warming the planet. So Rogers helped form the U.S. Climate Action Partnership, http://www.us-cap.org, a coalition of a few big businesses and environmental groups that lobbies for carbon caps.
Ironically, the very global cooling that Rogers seems to be for is actually hurting his company's earnings.
According to Duke's third quarter earnings report, earnings-before-interest-and-tax (EBIT) for Duke's electric and gas division decreased:
-- $46 million because of unfavorable weather (i.e. a cooler summer);
-- $22 million because of reduced industrial demand (i.e. weak economy);
and
-- $27 million because of the expiration of a temporary rate raise (i.e.
government granted windfall).
All very interesting since Rogers wants to:
-- Cool the planet through carbon caps;
-- Weaken the economy through carbon caps; and
-- Make up for losses by charging more for electricity
http://greenhellblog.com/2009/06/17/global-warmings-first-electricity-pr
ice-hike-500-million-for-north-carolina/.
But for the three factors mentioned above, USFE&G's Q3 EBIT would have increased by 11%.
Finally, Duke has spent about $10 million since 2008 lobbying for carbon caps. That's a lot of lost earnings itself spent working against the interests of his shareholders and customers.
"Hey Jim, there's a reason children aren't allowed to run the world," said Steve Milloy, publisher of JunkScience.com and author of Green Hell: How Environmentalists Plan to Control Your Life and What You Can Do to Stop Them.
SOURCE JunkScience.com
Tags: ceo children earnings economy electricity gasoline government industrial lobbying partnership publisher weather
Companies: Duke Energy Corp. (DUK)
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Duke Energy today announced third quarter 2009 adjusted diluted earnings per share of 40 cents, compared to 33 cents for third quarter 2008.
Cinergy Solutions has become Duke Energy Generation Services. Please visit our new website, www.de-gs.com, to learn how we can help you reduce your overall energy costs while increasing reliability and reducing environmental impact. Please delete or update your bookmarks to this page.
Duke Energy Center® is a registered trademark used for Arena Services, Namely Providing Facilities For Conventions and Exhibitions and owned by Duke Energy Corporation. Full trade mark registration details, registered images and more information below.
http://hospitality.zibb.com/trademark/duke+energy+center/30268979
Charlie summarizes Duke Energy’s business intelligence efforts, explains why he is pleased that Microsoft has converged what traditionally had been standalone products into the BI platform and explains how that will benefit Duke Energy.
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Provides electricity to customers in North and South Carolina. Also provides natural gas to customers in the Northeast, Midwest, and Gulf Coast areas.
Provides electricity to customers in North and South Carolina. Also provides natural gas to customers in the Northeast, Midwest, and Gulf Coast areas.
With the purchase of Cinergy Corporation announced in 2005 and completed on April 3, 2006, Duke Energy Corporation's customer base now includes the Midwestern United States as well.
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