North Carolina features a diverse energy industry portfolio, from nuclear energy to emerging cleantech and smart grid clusters – in 2014, the state ranked second in new solar capacity installation with 357MW. North Carolina also is home to the headquarters of Duke Energy, the largest electric power holding company in the U.S.

Energy Companies in North Carolina

02 Energies

17115 Kenton Drive, Cornelius, NC


12040 Regency Parkway, Cary, NC



940 Main Campus Drive, Raleigh, NC



2321 Concord Parkway South, Concord, NC


7207 IBM Drive, Charlotte, NC


2020 Ashcraft Avenue, Monroe, NC

Babcock & Wilcox

13024 Ballantyne Corporate Place, Charlotte, NC


128 S Tryon St, Charlotte, NC


13800 South Lakes Drive, Charlotte, NC

Colfax Fluid Handling

1710 Airport Road, Monroe, NC

Conbraco Industries

701 Matthews-Mint Hill Road, Matthews, NC



4600 Silicon Drive, Durham, North Carolina 27703


3028 East Cornwallis Road, Durham, NC

Doosan Portable Power

1293 Glenway Drive, Statesville, NC

Duke Energy

Duke Energy

550 South Tryon Street, Charlotte, North Carolina 28202


3301 Spring Forest Road, Raleigh, NC



8609 Six Forks Road, Raleigh, NC

Electric Power Research Institute

1300 W W T. Harris Blvd, Charlotte, NC

Elster Solutions

208 South Rogers Lane, Raleigh, NC


6800 Solectron Drive, Charlotte, NC

FLS Energy

130 Roberts Street, Asheville, NC

Fluor Corporation

6060 Piedmont Row Drive, Charlotte, NC

FMC Corporation

2801 Yorkmont Road, Charlotte, NC

GE Hitachi Nuclear Energy

GE Hitachi Nuclear Energy

3901 Castle Hayne Road, Castle Hayne, NC


5960 Fairview Road, Charlotte, NC

Gerdau AmeriSteel

6601 Lakeview Road, Charlotte, NC



4401 Bland Road, Raleigh, NC

JF Acquisition

1330 Saint Marys Street, Raleigh, NC

Mitsubishi Nuclear Energy Systems

Mitsubishi Nuclear Energy Systems

13860 Ballantyne Corporate Place, Charlotte, NC

Novozymes North America

Novozymes North America

77 Perrys Chapel Road, Franklinton, NC

Parker Hannifin Corporation

9225 Forsyth Park Drive, Charlotte, NC

Piedmont Natural Gas

4720 Piedmont Row Drive, Charlotte, NC

Pike Electric Corporation

10101 Claude Freeman Drive, Charlotte, NC

PPG Industries

940 Washburn Switch Road, Shelby, NC


12200 Mount Holly-Huntersville Road, Huntersville, NC

Schneider Electric

105 Summit Park Drive, Salisbury, NC

Schneider Electric

Schneider Electric

2600 Perimeter Park Drive, Morrisville, NC


639 Davis Drive, Morrisville, NC


8601 Six Forks Road, Raleigh, NC


110 Macalyson Court, Cary, NC


5101 Westinghouse Boulevard, Charlotte, NC



4424 Taggart Creek Rd, Charlotte, NC

SPX Corporation

13320 Ballantyne Corporate Place, Charlotte, North Carolina 28277

Strata Solar

Strata Solar

50101 Governors Drive, Chapel Hill, NC

Toshiba American Nuclear Energy Corporation

3545 Whitehall Park Drive, Charlotte, NC

Tyton Biofuels

800 Pate Road, Raeford, NC


3430 Toringdon Way, Charlotte, NC

XOOM Energy

11208 Statesville Road, Huntersville, NC

Competitive Advantages

Industry Concentration and Rapid Growth

North Carolina boasts a diversified energy and energy efficiency industry employing more than 39,000 people, a 9.3 percent growth since 2010. During that timeframe, the state ranks No. 2 in growth in turbine manufacturing, No. 3 in fossil fuel power generation, and No. 5 in semiconductor and related device manufacturing.

Low Tax Burden

At 3 percent, North Carolina has the lowest corporate income tax rate in the United States. In fact, North Carolina offers a low tax burden across the board. Ernst & Young and the Council on State Taxation rank North Carolina No. 1 for lowest state and local tax burden in the U.S.

Three Tier 1 Research Universities

North Carolina has the highest concentration of Tier 1 research universities in the country. Duke University, the University of North Carolina at Chapel Hill and North Carolina State University are located within 25 miles of one another, and contribute to an established workforce pipeline, active industry partnerships and an innovative business environment.

Energy Research at N.C. State University

N.C. State University is the only university that hosts two NSF Energy Research Centers, including the FREEDM Systems Center and the ASSIST Center. In addition, NCSU was tapped to lead PowerAmerica, a DOE-sponsored advanced manufacturing institute.


Large & Diverse Workforce

More than 39,000 people are employed in the energy and energy-efficiency sectors within North Carolina, from manufacturing to distribution to energy-efficiency equipment.

Fastest-Growing Energy Cluster in the Southeast

Since 2010, North Carolina’s energy industry has grown 9.3 percent and added more than 3,300 jobs, making it the fastest growing energy cluster in the Southeast.

Specialized Training at Universities and Community Colleges

Our universities and community colleges offer degree and training programs that include N.C. State University’s Nuclear Energy program, North Carolina Central University’s PHD in Energy and Environmental Systems, UNC Charlotte’s Energy Production & Infrastructure Center (EPIC), and the Center for Energy Training at Central Piedmont Community College.

NCWorks Customized Training Program

NCWorks is a comprehensive workforce development program that includes an online jobs database for talent recruiters and job seekers alike. NCWorks also features a customized training program for new and existing businesses in the state.

Research Infrastructure

PowerAmerica at N.C. State University

In 2015, President Obama and the U.S. Department of Energy (DOE) tapped N.C. State University to lead PowerAmerica, a $140 million advanced manufacturing institute that will unite academic, government and industry partners in an effort to revolutionize energy efficiency across a wide range of applications, including electronic devices, power grids and electric vehicles.

FREEDM Systems Center at N.C. State University

A National Science Foundation Energy Research Center, the Future Renewable Electric Energy Delivery and Management (FREEDM) Systems Center was developed as a model for the new clean energy institute to lead the modernization of the U.S. power grid.

North Carolina Clean Energy Technology Center

The North Carolina Clean Energy Technology Center is administered by the College of Engineering at N.C. State University. It works to advance a sustainable energy economy by educating, demonstrating and providing support for clean energy technologies, practices and policies.

RTI International

RTI International is one of the world’s leading research institutes with a staff of more than 3,700. Energy-related R&D focus areas include biomass and biofuels, carbon capture and utilization, and syngas processing. RTI also produces research in energy economics, finance and public policy.

Southern Research Institute

Located in Durham, the Southern Research Institute is a nonprofit scientific and engineering research organization with a primary focus on environment and energy.

North Carolina Sustainable Energy Association

The North Carolina Sustainable Energy Association (NCSEA) is a nonprofit organization focused on public policy and market development that creates clean energy jobs, economic opportunities and affordable energy to benefit all of North Carolina.

Research Triangle Cleantech Cluster

The Research Triangle Cleantech Cluster (RTCC) is an initiative of business, government, academic and nonprofit leaders promoting growth in the Research Triangle Region’s clean-tech economy, ensuring the region is recognized for its leadership in research, innovation and growth in the clean technology sector.

E4 Carolinas

E4 Carolinas is an industry-led energy trade association that coordinates and promotes the energy cluster in the Carolinas through industry support, education, economic development and policy.