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Joshun Stovell sees only growth for the renewable energy sector in Bermuda as he launches his own business

When a leading British environmental consultancy firm suggested in 2021 that the cause of soot fallout was flakes accumulating on surfaces inside the North Power Station stack, Belco rejected the theory. The consultant Ricardo Energy & Environment, c...

Walter Roban, the Minister of Home Affairs, said the Government had imported 150,000 LED bulbs to be distributed over the coming months

AM Best has affirmed the B++ ratings of Bermudian-based Black Gold Re, the captive of Colombia-based energy company Ecopetrol

Cartoonist Kevin Maybury has a theory about what was at hand when Bermuda was plunged into darkness last Friday

Bermuda Clean Air Coalition unloads on owner of Belco over longstanding environmental issues unrelated to the island-wide blackout on Friday

Friday’s power outage has been traced to a fault within a transformer in the power plant while the energy regulator will seek “robust changes” from Belco

Energy bills will come down from New Year’s Day for the average user, Belco has said. The electricity supplier announced that from January 1 charging structures will change, resulting in the regular household customer seeing a $6 reduction a month in...

The Bermuda captive of one of the world’s largest companies has continued strong operating results over the past five years, driven partly by robust underwriting profits and the absence of large losses. Some evidence of this for the single-parent cap...

The Regulatory Authority has requested that Belco submit a proposal for an updated Integrated Resource Plan that will decide the future of the island’s electricity generation. The utility company has been given a year to submit its proposal and the R...

A company related to Bermuda energy mutual, Everen, has maintained its strong credit ratings with AM Best. The agency has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of excess ge...

An offshore wind farm could generate savings of almost $17.9m per year, according to a study