Dive Summary:

• Duke Energy has given the first half of a $2 million contribution to Palmetto Clean Energy, a South Carolina non-profit program.
• The donations are part of a settlement agreement reached with the Southern Alliance for Clean Energy and the Coastal Conservation League as part of the Duke Energy-Progress Energy merger.
• The second half of the donation will follow in 2013; PACE will use the money to improve the quality of the environment by promoting the development of renewable energy resources.

From the article:

As part of its continuing commitment to the communities it serves, Duke Energy has given the first half of a $2 million contribution to Palmetto Clean Energy (PaCE), a South Carolina non-profit program designed to improve the quality of the environment by promoting the development of renewable energy resources, such as solar, wind and water. ...