Another E. Coast Offshore Wind Contract Canceled, While Nucor Bets on Fusion

1.) In the face of an estimated $4.9 billion in potential claims for the Lahaina fire, Hawaiian Electric has only $165 million in annual general liability insurance. HECO’s CEO claims at US congressional hearing that the wildfire wasn’t its fault.  

2.) Developer AvanGrid plans to cancel 804 MW Park City offshore wind project - filing settlements with CT utilities Eversource and United Illuminating.

3.) CT, MA and RI announce plans to jointly solicit future bids for offshore wind projects in an effort to curb costs, increase efficiencies, and foster improved coordination on port and supply chain

4.) Hyundai Motors and Kia Corp to adopt Tesla’s EV North American Charging Standard in the U.S.

5.) Inverter company SolarEdge Technologies rolls out bidirectional DC EV charger allowing for solar-powered Vehicle-to-Home and Vehicle-to-Grid functionalities. EVs can be charged directly from photovoltaic systems, at rates up to 24 kW, simultaneously drawing electricity from PV array, home battery and the grid.

6.) New Boston skyscraper – the 812,000 square-foot Winthrop Center - is now largest “passive house” office space in the world. It uses 65% less energy for space conditioning compared to similar buildings.

7.) Heineken España and Engie España commission 30 MW concentrated solar power plant in Seville, Spain, that includes 68 MWh of storage capacity, cutting brewery's gas consumption by over 60%.

8.) New York State announces first subsidy round of $100 mn to help make all school buses zero emissions by 2035. A total of $500 million is expected to be eventually dedicated to the program.

9.) U.S. steelmaker Nucor invests $35 million into fusion start-up Helion Energy. Helion claims it will build a 500 MW plant at a Nucor electric arc furnace site by 2030.