Earlier this year, Duke Energy Renewables acquired REC Solar, a leader in the increasingly important C&I solar market in the US. REC Solar builds PV systems for customers like manufacturers and hotels, with Duke owning the long-term solar leases and PPAs.

In October, Duke’s strategy for the C&I solar space took another step forward when it acquired Phoenix Energy Technologies, which provides energy management systems and services for C&I customers.

Meanwhile,