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The Alternative Agenda: Duke buys progress, military buys American, GE buys wind

Duke Energy to acquire Progress Energy for $47.48 a share Duke, the Charlotte-based energy powerhouse, has bid $13.7 billion for Progress Energy of Raleigh. Progress is not known for its green energy ventures but Duke certainly is � the deal could be good for the growth of renewables. American military must buy homegrown solar A…

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DOD secures another $346M for energy research

The Department of Energy will be distributing about $100 billion in stimulus money to implement President Obama’s green energy vision. Another player could be the Pentagon, which according to its recently issued April Expenditure Plan, will spend $346 million on “energy-related projects, enabling the DOD to lead the way in the national effort to achieve…

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