New York

District heating systems offer a great way to improve fuel utilization at power plants. Two projects—one in the U.S. and one in Russia—that involved adding gas turbines and heat recovery steam generators

NEW YORK—April 20, 2021—CleanCapital, a leading clean energy investment platform and one of the largest owner-operators of distributed solar assets in the United States, announced today a corporate investment from Manulife Investment Management to grow its portfolio of clean energy assets. Manulife Investment Management’s commitment was sourced for the John Hancock Life Insurance Company (U.S.A.) […]

On a recent visit to my local hardware store, I was struck by all the products on display to help manage my energy needs. The store had LED light bulbs, weather stripping, and fiberglass insulation to help

WARWICK, NY (March 11, 2021) — Ozop Energy Solutions, Inc. (OZSC), (“Ozop” or the “Company”), has announced that its wholly owned subsidiary Ozop Energy Systems (OES) has executed a 25-year lease on a property to build its first lithium-ion battery storage and power facility. The property is located in Brooklyn, New York bordering Marine Park. It is the […]

New York (March 15, 2021) — GE Renewable Energy announced today that it has been selected by Convergent Energy + Power (Convergent) to provide an integrated solar inverter and energy storage package that will use a DC-Coupled system, for a 123 MWh hybrid solar plus storage project across three sites in Upstate New York. In aggregate, these […]

BROOKLYN, N.Y. (Feb. 9, 2021) — David Energy, a new kind of electricity supplier, today announced the close of $19 million in new financing. The new capital includes a $4.1M Seed round led by Equal Ventures and a $15 million working capital facility from Hartree Partners, a global merchant commodities firm specializing in energy and […]

Vineyard Wind has announced a transmission agreement with ISO New England (ISO-NE) to deliver power to the system operator’s grid when the Vineyard Wind 1 project comes online. The 800-MW offshore wind farm, located about 15 miles off the cost of Martha’s Vineyard in Massachusetts, is expected to be the first commercial-scale offshore wind farm […]

An expansion of New York’s Clean Energy Standard (CES) approved by the state’s Public Service Commission (PSC) adopts several measures that will help the state meet its new, more ambitious 70%-by-2030 renewable power target. In an Oct. 15 order, the PSC adopted several changes proposed by the New York State Energy Research and Development Authority […]

The move by major oil and gas exploration companies into renewable energy has taken another significant step, as BP announced a $1.1 billion deal to buy the U.S. offshore wind power assets of Norway’s Equinor. BP in announcing the deal on Sept. 10 said it is taking a 50% stake in Equinor’s Empire Wind project […]

New York, N.Y. (August 6, 2020)  — The marine renewable energy (MRE) technology developer, Verdant Power, has successfully taken additional steps toward the installation of an array of its three, fifth generation (Gen5) tidal power turbines on the Company’s novel TriFrame™ mount at its Roosevelt Island Tidal Energy (RITE) Project site in New York City’s […]