GREEN GENIUS

Blackstone | January 14, 2020

Private equity giant Blackstone is recapitalizing a U.S. solar power company with $850 million in new investment. Altus Power America, based in Connecticut, announced the Blackstone contribution to refinance its existing capital structure and fund future development. Blackstone made the investment through its GSO Capital Partners LP and Blackstone Insurance Solutions (BIS) Groups. “We’re incredibly enthusiastic to be partnering with Blackstone as we position our business for accelerating growth,...

INDUSTRY UPDATES

Aker Solutions | February 19, 2021

Aker Solutions has signed a FEED contract with Empire Offshore Wind LLC to examine the plan and conveyance of solid establishments for the wind turbine generators (WTG) for the arranged Empire Wind project in New York, US. Empire Wind is being created by Equinor and BP through a 50/50 key organization in the US. Aker Solutions will dissect how to configuration, build and introduce solid bases remaining on the ocean bottom to help the WTGs. The extension likewise incorporates inves...

Renewables Now | April 08, 2020

The state of New York has passed legislation that will “dramatically” speed up the permitting process for renewable energy projects. The so-called Accelerated Renewable Energy Growth and Community Benefit Act will facilitate the state in reaching its goal of sourcing 70% of its power from renewable power projects and help it recover from the coronavirus crisis, the New York State Energy Research and Development Authority (NYSERDA) said last week. The new legislation envisages the creation of a n...

ENERGY

Center for Hydrogen Safety | February 03, 2022

Center for Hydrogen Safety (CHS) – the global authority on safe hydrogen use and education – announced the addition of energy company Equinor to its list of member organizations. Based in Stavanger, Norway, Equinor is a world-leading company committed to providing affordable energy for societies and taking a leading role in the energy transition by optimizing its oil and gas portfolio, accelerating growth in renewables, and pioneering development of carbon capture and hydrogen value ...