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
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
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
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
208 South Rogers Lane, Raleigh, NC
6800 Solectron Drive, Charlotte, NC
130 Roberts Street, Asheville, NC
6060 Piedmont Row Drive, Charlotte, NC
2801 Yorkmont Road, Charlotte, NC
GE Hitachi Nuclear Energy
3901 Castle Hayne Road, Castle Hayne, NC
5960 Fairview Road, Charlotte, NC
6601 Lakeview Road, Charlotte, NC
4401 Bland Road, Raleigh, NC
1330 Saint Marys Street, Raleigh, NC
Mitsubishi Nuclear Energy Systems
13860 Ballantyne Corporate Place, Charlotte, NC
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
940 Washburn Switch Road, Shelby, NC
12200 Mount Holly-Huntersville Road, Huntersville, NC
105 Summit Park Drive, Salisbury, NC
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
13320 Ballantyne Corporate Place, Charlotte, North Carolina 28277
50101 Governors Drive, Chapel Hill, NC
Toshiba American Nuclear Energy Corporation
3545 Whitehall Park Drive, Charlotte, NC
800 Pate Road, Raeford, NC
3430 Toringdon Way, Charlotte, NC
11208 Statesville Road, Huntersville, NC
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.
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 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 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.
News & Events
North Carolina Ranks No. 1 Regionally, No. 4 Nationally for Attracting New Businesses
North Carolina has retained its fourth-place spot in a well-regarded annual ranking of states attracting the most new and expanded corporate…
Analysis Finds North Carolina Still Levies Lowest Corporate Income Tax Rate
North Carolina’s 3 percent corporate income tax rate still ranks as the lowest of any state levying the business tax, according…
Alevo to Expand Concord Plant Making Large-Scale Energy Storage Systems
Alevo is launching a major expansion at its facility in Cabarrus County, creating more than 200 jobs in North Carolina…