in News Departments > New & Noteworthy
print the content item

North Carolina's clean energy policies have contributed to substantial county-level investments in renewable energy projects, according to new analysis of a recent RTI International report by the NC Sustainable Energy Association.

Overall, 22 North Carolina counties saw greater than $10 million in direct spending in clean energy development from 2007 to 2012, representing a cumulative investment of over $785 million.

The data comes from a report originally released in February by RTI International and La Capra Associates Inc. According to the study, over $1 billion in total renewable energy investments flowed into North Carolina counties over the past six years, with 88% of those investments coming in the form of projects valued at $1 million or greater, the report adds. Looking across the state, the NC Sustainable Energy Association says the study also found that North Carolina’s clean energy investments have been responsible for over $1.7 billion in gross state product since 2007.

According to the association, the new county-level review reveals that rural and suburban areas in counties such as Davidson, Person, Cabarrus and Robeson were among the biggest winners in the race to stake a claim to leadership on clean energy with the associated job and investment benefits that come with it.

“The data clearly shows that North Carolina’s clean energy policies are providing an economic boost in counties all around the state,” says Lowell Sachs, director of communications for the NC Sustainable Energy Association. “In addition to creating paths for future business development, these clean energy investments bring badly needed revenue that can support core functions of these communities like roads, schools, fire departments and police.”

Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Are Fitch Ratings' Claims About Wind Farm Underperformance Unfounded?

A recent report from Fitch Ratings suggests that wind farms underperform due to an overestimation of wind resources, but AWS Truepower says the analysis misses the mark.


SunEdison Buying First Wind In $2.4 Billion Deal

Global solar company SunEdison and its yeildco have announced an agreement to buy the Boston-based developer, a major player in the U.S. wind industry.


U.S., China Reach Ambitious Climate Change Accord

The agreement between the global superpowers leans heavily on the deployment of renewable energy, such as wind and solar.


What The Midterm Elections Mean For The U.S. Wind Industry

Both chambers of Congress are now under Republican control for the first time since 2006. How will wind energy fare?


GE Blade Crashes At Mehoopany Wind Farm In Pennsylvania

The turbine manufacturer says the Nov. 2 incident is "isolated and unrelated" when compared to earlier blade issues.

Renewable NRG_id1934
BG 2015DblBox_id2032
Hybrid Energy Innovations 2015