Grand Rapids, Mich. — Midwestern retailer Meijer has launched a utility-scale solar project that will make significant strides toward its recently announced carbon reduction goal. Meijer signed a renewable energy power purchase agreement (VPPA) with developer Duke Energy Sustainable Solutions*, which states Meijer will purchase a portion of all energy generated by the project for the first 15 years of operation. The project broke ground in Navarro County, Texas, on 1,800 acres of land and is expected to be completed by the end of the year. “At Meijer, we are …
Duke Energy
Aliso Viejo, Calif. — Phoenix Energy Technologies (PhoenixET), an IOT business intelligence analytics company and leader in smart buildings, has raised growth capital to accelerate product development and facilitate entry into additional markets. Spring Lake Equity Partners and Energy Innovation Capital (EIC) led the round in partnership with management and join PhoenixET’s existing shareholders including Duke Energy. “This investment will strengthen our value proposition for customers and support our continued rapid growth,” says CEO Glen Schrank. “With this investment, Phoenix Energy Technologies is poised to further enhance our offerings across …