Month: July 2023

Project will provide low-cost, clean energy to Duke Energy’s Indiana customers

PLAINFIELD, Ind., July 19, 2023, /3BL/ – Duke Energy is expanding its Indiana solar energy resources. The company has signed an agreement with renewable energy developer Ranger Power for up to 199 megawatts of solar power to serve the equivalent of roughly 35,000 homes.

The company has filed a request with the Indiana Utility Regulatory Commission to approve the agreement. Pending regulatory approval, the energy generated from Ranger Power’s Speedway Solar facility will be sold to the company under a 20-year power purchase agreement.

“The emission-free solar power that this new facility generates will help us continue to diversify our generation resources and make meaningful progress toward a cleaner energy future,” said Stan Pinegar, president of Duke Energy Indiana.

Construction on the 1,700-acre facility located south of Gwynneville, Ind., began in March 2023. It’s expected to reach commercial operation by September 2025.

“We are thrilled to bring this significant investment in clean energy to Shelby County and the state of Indiana,” said Adam Cohen, CEO of Ranger Power. “Speedway Solar will deliver significant economic and environmental benefits for decades to come – powering businesses and homes in Indiana.”

Under the company’s most recent Indiana Integrated Resource Plan, Duke Energy is proposing to add 2,218 megawatts of solar power, 450 megawatts of solar with energy storage and 6,200 megawatts of wind energy. These new investments in renewable energy are in addition to the continuing operation of the company’s Crane solar plant in southern Indiana, the recent expansion of its Markland hydroelectric plant and additional solar and wind power the company purchases.

Duke Energy Indiana

Duke Energy Indiana, a subsidiary of Duke Energy, provides about 6,600 megawatts of owned electric capacity to approximately 890,000 customers in a 23,000-square-mile service area, making it Indiana’s largest electric supplier.

Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America’s largest energy holding companies. Its electric utilities serve 8.2 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 50,000 megawatts of energy capacity. Its natural gas unit serves 1.6 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky. The company employs 27,600 people.

Duke Energy is executing an aggressive clean energy transition to achieve its goals of net-zero methane emissions from its natural gas business by 2030 and net-zero carbon emissions from electricity generation by 2050. The company has interim carbon emission targets of at least 50% reduction from electric generation by 2030, 50% for Scope 2 and certain Scope 3 upstream and downstream emissions by 2035, and 80% from electric generation by 2040. In addition, the company is investing in major electric grid enhancements and energy storage, and exploring zero-emission power generation technologies such as hydrogen and advanced nuclear.

Duke Energy was named to Fortune’s 2023 “World’s Most Admired Companies” list and Forbes’ “World’s Best Employers” list. More information is available at duke-energy.com. The Duke Energy News Center contains news releases, fact sheets, photos and videos. Duke Energy’s illumination features stories about people, innovations, community topics and environmental issues. Follow Duke Energy on Twitter, LinkedIn, Instagram and Facebook.

Contact: McKenzie Barbknecht 
Phone: 800.559.3853

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LAUSANNE, Switzerland and SAN JOSE, Calif., July 19, 2023 /3BL/ – Yesterday Logitech International (SIX: LOGN) (Nasdaq: LOGI) was invited and honored to participate in the US National Label for Consumer IoT Security launch at the White House in Washington DC. The event, sponsored by the National Security Council, was led by chairwoman of the FCC, Jessica Rosenworcel, and included members of both organizations, as well as other leading tech companies focused on and making strides in product security for consumers.

Logitech is an active contributor in industry efforts to integrate security into the core standards that its products use. Through its participation in the Product Security Working Group (PSWG) and Matter Working Group within the Connectivity Standards Alliance (CSA), the company continues to work with others in the industry to write and certify the standards by which next generation products will operate.

“Much like we are empowering our customers to make environmentally informed product choices by providing carbon labels on our products, we want to provide that same transparency about the security of the products they put in their homes and offices,” said Jay Wilder, head of software at Logitech. “Logitech is proud to have been involved in the PSWG to help develop a best-in-class standard for IoT security. We would also like to thank the President and the Administration for making this a national priority and an example for the world to follow.”

“The U.S. Cyber Trust Mark will give consumers a way to know if the smart devices they’re purchasing are secure, and give companies a label to show their products meet cybersecurity standards. Together with our industry partners, we are making our homes, classrooms, and workplaces safer and less vulnerable to cyberattacks,” said Anne Neuberger, White House deputy national security advisor for Cyber and Emerging Technologies.

Additionally, at the event, Logitech showcased a number of products across its various categories that highlighted features in both security and sustainability. As a leader in designing, manufacturing and marketing products that help connect people to digital and cloud experiences, Logitech remains focused on designing possibilities that extend human capability by helping ALL people pursue their passions and doing so in a way that is good for the planet.

About Logitech

Logitech helps all people pursue their passions and is committed to doing so in a way that is good for people and the planet. We design hardware and software solutions that help businesses thrive and bring people together when working, creating, gaming and streaming. Brands of Logitech include Logitech, Logitech G, ASTRO Gaming, Streamlabs, Blue Microphones and Ultimate Ears.

Founded in 1981, and headquartered in Lausanne, Switzerland, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI). Find Logitech at www.logitech.com, the company blog or @logitech.

Logitech and other Logitech marks are trademarks or registered trademarks of Logitech Europe S.A. and/or its affiliates in the U.S. and other countries. All other trademarks are the property of their respective owners. For more information about Logitech and its products, visit the company’s website at www.logitech.com

Smita Rode, Corporate Communications – USA, srode@logitech.com

Source: Logitech International