Eversource Energy
Eversource broke ground on the first utility-led networked geothermal demonstration, which should save energy and is being studied for future projects.
Eversource began its anticipated departure from the offshore wind sector, announcing it would sell its interest in an uncontracted New England lease to Ørsted.
1,500- and 3,200-ton substations for offshore wind projects are being sailed from Texas and Denmark, respectively, for the New England coast.
Massachusetts lawmakers and climate advocates held a legislative briefing on a set of bills looking to spur the decarbonization of the state’s heating sector.
The agency determined that it lacks jurisdiction over battery energy storage systems, referring such projects to the state's Department of Public Utilities.
Eversource expects to reach a deal this quarter to sell off its offshore wind interests, CEO Joe Nolan said during the company's earnings call.
Ørsted, the largest OSW developer in the world, reported that earnings from its offshore wind business hit an all-time high in the first quarter of 2023.
Rhode Island Energy said it hoped to receive more than one proposal in the state’s second offshore solicitation but recognizes the challenges facing the sector.
The two companies are proposing an 884-MW wind farm off the coast of Rhode Island.
General Electric may play a potentially significant role in the supply chain that New York hopes to host for its new offshore wind industry.
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