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Stock Market & Financial Investment News

News Breaks
March 20, 2014
06:10 EDTEDConsolidated Edison to compensate victims of Harlem blast, WSJ reports
Consolidated Edison is compensating nearly 90 survivors and residents displaced by the East Harlem explosion and building collapses, the Wall Street Journal reports. Federal investigators yesterday said they found a leak in the gas main "adjacent" to 1646 Park Avenue. An official cause for the blast and collapses has not been determined. Reference Link
News For ED From The Last 14 Days
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April 16, 2015
08:04 EDTEDCon Edison Devleopment enters into agreement to procure GE energy storage system
GE (GE) announced it will supply Con Edison Development (ED) with an 8 MWh battery energy storage system in Central Valley, CA. The new storage solution will be utilizing GEs Mark VIe-based plant control system, Brilliance MW Inverters, and packaged lithium ion battery modules. As part of its expanding energy storage portfolio, this project marks the first time GE will introduce a lithium ion battery solution. The system will provide two megawatts of power over a four-hour period, and the deal includes delivery of a complete energy storage system, with associated long-term service agreements.

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