eversource

Winning POWER’s highest honor, South Fork Wind—the first commercial-scale offshore wind farm in U.S. federal waters—stands as a beacon for the power sector’s ambition to forge new industries in the

The U.S. Bureau of Ocean Energy Management (BOEM) has completed its designation of an offshore wind energy area in the Gulf of Maine. The BOEM, in a notice published in the Federal Register on March 18, said two million acres has been earmarked for development in that region. The BOEM in its announcement said the […]

MILLBRAE, Calif. – January 13, 2021 – Stem, Inc. (“Stem” or “the Company”), a global leader in artificial intelligence (AI)-driven energy storage systems, today announced the Company has been awarded a project mandate to provide energy storage solutions to the Massachusetts Water Resources Authority (MWRA) in Greater Boston, a public agency that provides wholesale water […]

Vineyard Wind’s 804-MW Park City project was given the go-ahead by Connecticut officials on Dec. 5, with regulators saying Vineyard’s bid in an offshore wind solicitation was “lower than any other publicly announced offshore wind project in North America.” Vineyard Wind competed against other groups in the bidding, including developers backed by Ørsted and Shell. […]

Siemens Gamesa Renewable Energy (SGRE) has conditionally received a record order for 1,714 MW from Ørsted and Eversource. Encompassing three offshore wind power projects, the signed conditional contract is the largest U.S. offshore wind power order to date. It encompasses the supply, delivery, and installation of SG 8.0-167 DD wind turbines including service agreements in […]

BETHESDA, Md. (Aug. 27, 2018) — Hull Street Energy, LLC (“Hull Street Energy”) is pleased to announce it has closed on the previously-announced acquisition of nine hydroelectric power facilities in New Hampshire from Eversource through a special purpose affiliate. The transaction consists of nine facilities with approximately 68 MW of power generation capacity. The plants are […]

Two recent project announcements indicate that the U.S. offshore wind sector is burgeoning, bolstered by falling prices and ramped-up political support. A credit ratings agency warns, however, that the sector’s growth could increasingly pressure profit margins of merchant generators in New England, New York, and New Jersey. On March 14, Danish offshore giant Ørsted and […]

No evidence exists that New England local gas distribution companies engaged in practices to withhold natural gas pipeline capacity on the Algonquin system to drive up gas or power prices in the region, Federal Energy Regulatory Commission (FERC) staff revealed. FERC on February 27 closed an inquiry after conducting an “extensive review” of the allegations—which […]

For several years, states in the northeastern U.S. have been in the midst of a major shift away from coal and nuclear power toward natural gas. As aging coal plants shut down on environmental concerns, and several of the region’s nuclear plants have been prematurely retired or faced with challenging economics, developers of natural gas–fired […]