Offshore Renewable Energy Catapult

RENEW | April 10, 2020

The New York State Energy Research and Development Authority (NYSERDA) has launched two clean technology accelerator programmes worth $16m. The state-wide schemes will offer seed funding and support for clean energy companies looking to grow their business. The new accelerators will focus on renewable electricity and fuels, clean transportation advanced buildings, smart grids, industrial energy efficiency, energy storage and fuel cells. One will be administered by Rochester-based start-up incuba...

Solar+Storage, Sustainability

Standard Solar, Inc., | October 21, 2022

Standard Solar, Inc., a recognized leader in the development, funding, ownership and operation of commercial and community solar assets, is expanding its community solar portfolio in Rhode Island with the acquisition of a combined 6.2 megawatts of projects from Trina Solar.The two ground-mount community solar projects - West Main 1 and West Main 2 - developed by Trina Solar are located in Portsmouth. Rhode Island has some of the highest electricity prices in the country, and they are expected to...

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,...

Grid Environment

GE | August 26, 2022

GE Renewable Energy’s Grid Solutions business (NYSE: GE) announced it will unveil new technologies at CIGRE Session 2022. Among these are the world’s first SF6-free g3 circuit-breaker for 420 kV gas-insulated substations (GIS). These technologies demonstrate the value of combining advanced hardware with digital technologies to address customers’ needs and adapt to a more digitalized, decentralized, and decarbonized energy landscape, while bringing reliable electricity onl...