Eversource reported third-quarter income of $346 million, down 22% from a year earlier, partly because it no longer receives income from Aquarion after selling the water utility in June. The CEO said the company’s financial risk is easing now that Revolution Wind has reached full commercial operations. For professional readers, the update signals reduced exposure tied to the offshore wind project even as earnings declined.
Array Technologies and Shoals Technologies Group have agreed to merge in an all-stock deal, combining two suppliers of utility-scale solar components. Array brings structural balance-of-system solutions, while Shoals supplies electrical balance-of-system equipment for solar and battery energy storage projects. The combination would create a single provider spanning both structural and electrical balance-of-system needs for large-scale solar and storage developers. Financial terms and leadership details were not included in the available excerpt.
Orsted said its 704-MW Revolution Wind project off Rhode Island has reached full commercial operation, a milestone announced during a Nov. 5 investor call. The project is connected to the New England grid, according to the excerpt. For industry readers, the step adds substantial offshore wind capacity to the regional power system and marks a key delivery milestone for the developer.
The share of solar projects co-located with storage has risen to 16% of all installations, up from 2% in 2017, according to EIA data. Based on planned additions, that share is projected to pass 30% over the next two years. For professional readers, the trend shows co-location moving from a niche approach toward a much larger part of solar development, with the planned pipeline pointing to continued acceleration.
The Energy Department’s Battery Manufacturing Accelerator aims to plug gaps in domestic material and component supplies over the next few years as U.S. battery demand looks set to quadruple.
Saft has introduced EnerShift, an integrated offering that combines battery storage, energy trading, and financing for industrial sites. The solution is already deployed at Saft’s Bordeaux facility, where it has cut annual electricity costs by about 15%. For industrial energy users, the package matters because it brings storage, market participation, and financing together rather than requiring separate arrangements.
The article argues that trusted control systems and reliable operational data, rather than algorithms alone, will determine how useful AI becomes in power-generation control rooms. As generation fleets grow more diverse, it highlights the grid-stability risks of unexpected outages, citing Mark Robens’ example of a 1-GW offshore wind park going offline. For professional readers, the takeaway is that AI adoption in operations depends first on dependable data and control foundations.