Company News
South Fork Wind
Eversource reported it's moving closer to the sale of its share of an offshore wind joint venture, and has substantially completed negotiations with a potential buyer.
Dominion Energy
Dominion Energy reported third quarter earnings and CEO Robert Blue discussed the firm's so-far successful development of an offshore wind project as others in the country face headwinds.
Delmarva Power & Light
"The energy transformation will last decades, not years, which is why we are confident that investment opportunities will continue to strengthen and lengthen our rate base growth,” CEO Calvin Butler said.
Duke Energy
Duke Energy saw quarterly earnings slip due to low demand, but a growing economy and the transition to cleaner energy had its executives highlighting future growth opportunities on its earnings call Thursday.
South Fork Wind
The world’s leading offshore wind developer has canceled two major U.S. projects and suspended work on a third but committed to building a fourth and trying to salvage a fifth.
PSEG
PSEG reported an uptick in earnings from last summer and detailed its plans to spend more stable income going forward on improving its infrastructure in a call with analysts.
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Form Energy hopes to use its long-duration iron-air batteries to firm up renewable energy generation across extended stretches in New England.
Vineyard Wind
The 806-MW project’s construction is about 60% complete, with the offshore substation, 15 array cables, 25 monopiles and two turbines already installed.
Idaho Power
FERC approved a transmission asset swap between Idaho Power and PacificCorp as part of the companies’ plans to develop a 300-mile-long, 500-kV line.
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DOE gets business friendly. “The private sector has heard that DOE wants to hear their opinions and is willing to be responsive to what they have to say," said LPO Director Jigar Shah.
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