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Duke Energy acquires full ownership of REC Solar

By   /  Thursday, December 7th, 2017  /  Central Coast, Energy, Latest news, Technology  /  Comments Off on Duke Energy acquires full ownership of REC Solar

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San Luis Obispo’s REC Solar names new CEO

By   /  Wednesday, August 24th, 2016  /  Energy, Latest news, Technology  /  Comments Off on San Luis Obispo’s REC Solar names new CEO

Former Duke Energy executive Matt Walz replaced Al Bucknam as CEO of San Luis Obispo-based REC Solar, the company announced Aug. 24. Walz previously served as the vice president of marketing and later as the vice president of commercial solar for Duke Energy in the Cincinnati area. He replaces Bucknam, who joined REC Solar in Read More →

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REC Solar sells majority share to nation’s largest utility

By   /  Monday, February 9th, 2015  /  Central Coast, Latest news, Technology, Top Stories  /  Comments Off on REC Solar sells majority share to nation’s largest utility

Duke Energy, headquartered in Charlotte, North Carolina, purchased the controlling stake in the solar company and announced it would invest $225 million in solar project financing as part of the deal.