Energy, Utilities & Environment

Con Edison Declares 88.75-Cent Quarterly Dividend Payable Dec. 15

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Con Edison Declares 88.75-Cent Quarterly Dividend Payable Dec. 15

New York – October 16, 2026 -- Consolidated Edison, Inc. (NYSE: ED) declared a quarterly dividend of 88.75 cents a share on its common stock, payable October 16, 2026 to stockholders of record as of October 16, 2026.

Record date falls 27 days before the December 15 payout

Only shareholders on the company's books as of October 16, 2026 qualify for the payment. The company will pay the dividend on October 16, 2026.

Quarterly rate equals $3.55 a share if held across four quarters

The 88.75-cent declaration annualizes to $3.55 a share if the same rate is applied to each of four quarters. The company's announcement covers only the quarterly payment and gives no guidance on future dividend levels.

The declaration applies to Con Edison's common stock. Its regulated subsidiaries are Consolidated Edison Company of New York, Inc. (CECONY), Orange and Rockland Utilities, Inc. (O&R) and Con Edison Transmission, Inc.

SBVWCD Launches Field Notes Newsletter on Groundwater Recharge

Redlands – October 16, 2026 -- The San Bernardino Valley Water Conservation District (SBVWCD) has launched Field Notes, a newsletter whose first issue reports 40,291 acre-feet of groundwater recharge during the 2025–26 water year and a $5.403 million U.S. Bureau of Reclamation grant for Oak Creek recharge basins.

First issue covers federal grant, recharge volumes and a fellowship

The issue, released the first week of October, also reports a GrizzlyCorps fellowship for SBVWCD intern Maya Stokes. The Reclamation grant is earmarked for the Oak Creek recharge basins.

The newsletter draws on staff work in the Santa Ana River Wash and along Mill Creek, where the district captures, stores and monitors the valley's groundwater.

Alabama Power Completes Isaias Restoration After 400,000 Outages

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Alabama Power Completes Isaias Restoration After 400,000 Outages

Birmingham – October 16, 2026 -- Alabama Power restored service to roughly 95% of customers affected by Hurricane Isaias within about 36 hours of starting work, completing all restoration at 8:30 p.m. on October 14 after more than 400,000 customers lost power.

Approximately 84% of the utility's service territory experienced tropical-storm-force wind gusts. The storm made landfall as a Category 2 hurricane with 105 mph sustained winds. Substantial restoration was complete for most customers by the night of Monday, October 12.

Mutual assistance crews from 28 states add more than 7,400 workers

More than 7,400 additional personnel from 28 states joined Alabama Power's Storm Team, including crews from sister companies Mississippi Power and Georgia Power. Alabama Power's Customer Operations team handled more than 4.1 million customer interactions during and after the storm.

NTPC Signs 25-Year PPA for 247Solar Thermal Pilot in Rajasthan

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NTPC Signs 25-Year PPA for 247Solar Thermal Pilot in Rajasthan

Great Falls, Va. – October 16, 2026 -- NTPC Limited, India's largest electric utility, has signed a 25-year power purchase agreement with Virginia-based 247Solar for the company's first commercial solar thermal project, a ~1MW hybrid plant at Rajasthan's Bhadla Solar Park.

NTPC Tests Round-the-Clock Solar Thermal as Coal Alternative

India's utilities have recently built coal capacity alongside solar and wind to cover the gap left by photovoltaic panels after sunset and in bad weather. NTPC will test whether 247Solar's system can close that gap and reduce its reliance on coal. Backers expect the utility to consider wider deployment across India if the project succeeds.

247Solar founder and CEO Bruce Anderson said the technology addresses intermittent solar and wind power and avoids spending more on costly coal plants. He added that NTPC conducted several years of due diligence before moving forward.

Catalyst Power Launches No-Upfront-Cost CHP for Senior Living

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Catalyst Power Launches No-Upfront-Cost CHP for Senior Living

New York – – October 15, 2026 -- Catalyst Power Holdings LLC has launched Catalyst Power for Senior Living & Care, an energy service that finances, builds and operates onsite cogeneration for care communities with no upfront investment from operators.

Service targets five senior care facility types with combined heat and power

The offering covers independent living, assisted living, memory care, life plan communities and skilled nursing facility operators. It is anchored by Combined Heat and Power (CHP), which Catalyst Power says best matches the continuous heating, hot water and power demand of care communities. Solar and energy storage are available where a site and its load profile support them.

CEO Gabriel Phillips said these buildings run domestic hot water, laundry, heating and cooling around the clock, year-round, and often must hold ambient temperatures within strict ranges. He called that load profile "perfect for CHP."

OLI Launches TrueCORR to Flag Corrosion Risk in Live Plants

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OLI Launches TrueCORR to Flag Corrosion Risk in Live Plants

Parsippany – October 15, 2026 -- OLI has launched TrueCORR, a corrosion intelligence solution that feeds live plant data into first-principles chemistry models to identify changing corrosion risk before it becomes an asset integrity concern. Initial applications target refining and upstream oil and gas production.

TrueCORR continuously interprets process conditions using OLI's thermodynamic and corrosion models. Engineers can see how the corrosive environment changes while an asset is operating. The software adds context beyond alarms and individual monitoring points, helping teams determine whether a process change is affecting corrosion and what is causing it.

Recurrent Energy Starts Operation of 200 MWp Villameca Solar Plant

Kitchener – – October 15, 2026 -- Recurrent Energy, a subsidiary of Canadian Solar (NASDAQ: CSIQ), has started commercial operations at its 200 MWp Villameca solar project in Castilla y León, Spain, bringing the company close to 1 GW of operating solar capacity in the country by the end of the year.

Villameca is expected to generate 359,172 MWh of electricity a year

The photovoltaic plant is expected to supply more than 100,000 homes and avoid about 57,000 tons of CO2 emissions annually. The company equates that to removing more than 12,000 internal combustion vehicles from the road.

Calumet Calls $150M of 2028 Notes, Targets $26M Interest Savings

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Calumet Calls $150M of 2028 Notes, Targets $26M Interest Savings

Indianapolis – October 15, 2026 -- Calumet, Inc. (NASDAQ: CLMT) will redeem $150 million of its 9.75% Senior Notes due 2028 on October 25, 2026, lifting total debt retired since July 2026 to approximately $265 million.

The Issuers, Calumet Specialty Products Partners, L.P. and Calumet Finance Corp., both wholly owned subsidiaries, will pay a cash redemption price of 102.438% of principal, plus accrued and unpaid interest to but not including the redemption date. The notes (CUSIP Nos. 131477 AW1 and U13077 AM1) were originally issued in June 2023.

Calumet expects roughly $26 million in annual cash interest savings

CFO David Lunin said the $265 million of debt reduced over the past four months, including this redemption, will cut annual cash interest by approximately $26 million. He described the move as part of an effort to accelerate debt reduction and strengthen the balance sheet.

National Grid Files £4.5bn Transmission Proposals With Ofgem

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National Grid Files £4.5bn Transmission Proposals With Ofgem

London – October 15, 2026 -- National Grid has asked Ofgem to approve 19 electricity transmission projects worth around £4.5 billion across England and Wales, filed under the RIIO-T3 load re-opener process.

Package combines £2.3bn from May with £2.2bn filed in October

The £4.5 billion total comprises £2.3 billion across six projects already submitted in the May re-opener, which are progressing through Ofgem's assessment. A further £2.2 billion is proposed in the October submission. Re-opener figures are in 2023/24 prices, in line with Ofgem's guidance for RIIO-T3 price control submissions.

SANY Extends Turbine Design Life to 25 Years, Targets 6-7% Lower LCOE

Beijing – October 15, 2026 -- SANY Renewable Energy is raising the design life of its wind turbines from 20 to 25 years, a change it estimates will lift generation profit by 56-58% over the operating period and cut levelized cost of energy (LCOE) by 6-7%. The company announced the upgrade at China Wind Power 2026.

SANY starts the 25-year upgrade with its 915 platform

The longer lifecycle debuts on the 915 platform. SANY says key components are being engineered and fatigue-tested for the full 25-year span, and select 6.X-11.X MW models are already certified for extended life.

The company puts the project-level gain at a 0.8 percentage point uplift in internal rate of return (IRR). It framed the upgrade as a response to market-based electricity pricing and grid integration pressure.