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Energy & Utilities

StanChem acquisition drew $16M price tag

Gregory Seay |

Berlin polymers and coatings maker StanChem made news recently when it announced it was being purchased by a Boston equity investment fund run by people formerly with ties to Connecticut...

Deal struck on stabilizing profits of Millstone nuclear station


The Connecticut General Assembly and the administration of Gov. Dannel P. Malloy have agreed in principle on bipartisan legislation authorizing state energy officials to take measures to stabilize...

CT greenlights major renewable projects

Matt Pilon |

The state's Public Utilities Regulatory Authority has signed off on power purchase contracts negotiated between the Connecticut's two utilities and the developers of 28 renewable energy generation...

Green Bank names solar partner

Matt Pilon |

The Connecticut Green Bank said it has selected a New York renewable energy financier and developer to help it spur approximately 20 megawatts of commercial-scale solar in the state.

Eversource aid convoy arrives in battered Florida

Matt Pilon |

Eversource crews traveling in a 70-truck convoy have reached hurricane-damaged Florida, beginning power restoration work Wednesday morning, the utility said.

FuelCell 3Q losses jump

Matt Pilon |

Danbury manufacturer FuelCell Energy said its third-quarter losses grew, largely due to a drop in product revenue.

Green groups push CT for more ambitious renewable standards

Matt Pilon |

An array of environmental and consumer groups are calling on the Department of Energy and Environmental Protection to be more ambitious in its strategy for the state's energy future.

OCC: Electric supplier price spread climbs in June

Patricia Daddona | 1

Eversource and Avangrid residential customers who are contracted with third-party electricity suppliers paid a combined $3.5 million more in June than they would have under standard offer pricing...

UConn, Yale win federal funding for water purification research

Patricia Daddona |

UConn and Yale University will receive about $150,000 each from a federal agency responsible for research projects involving desalination and water purification.

Baltimore power supplier lands consortium contract

Matt Pilon |

A nonprofit electricity purchasing consortium that’s made recent inroads in Connecticut has picked the supplier for its latest contract -- worth $300 million over four years.

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