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BELCO is pleased to offer several annual scholarships and bursaries, ranging from $1,000 to $25,000 per selected student. Bermudian students are invited to apply for this year’s scholarships by May 31, 2019. The BELCO Engineering Scholarship is an a...

Belco customers suffered outages after a glitch during testing at the power plant. The company said a load shed interrupted power supply as it carried out testing processes on the Battery Energy Storage System. It did not specify the number of people...

Dear Sir, After reading the recent article in The Royal Gazette titled “Shareholder sees bright future for Ascendant”, I felt compelled to correct some of the misinformation it contained. In referencing electricity prices in Ontario, Talbot Babineau...

The annual Earth Hour this weekend is to be again sponsored by power firm Belco. Dennis Pimentel, the president of Belco, said the company was proud to join forces with environmental charity Greenrock for the annual event. He added that energy effici...

The home affairs minister has imposed conditions on the sale of power firm Belco, the House of Assembly heard yesterday. Ascendant Group, the holding company that owns Belco, announced on January 28 that it was considering the sale of the group with ...

Dear Sir, I think I have mentioned this to you once before that I never believed that emancipation was honestly about freedom, and that it was nothing more than a change in the way in which economic policies would be carried out. That’s the main reas...

Dear Sir, Please allow me to comment on a Belco “improvement” that is problematic. It appears that Belco wants some of its customers to sleep with a Belco bill and a flashlight handy in case the power goes off during the night — like happened at 4.30...

The Bermuda Electric Light Company Ltd has donated two antique electrical testing devices to the National Museum of Bermuda to add to the existing Belco collection and items on permanent display at the Progress of Power exhibit. The first piece of e...

One of Ascendant Group’s largest shareholders is urging the company to relist its shares in Canada or the US, if it does not receive an adequate buyout offer. Toronto-based IBV Capital has been accumulating shares in Ascendant, the parent company of ...

Ascendant Group Ltd’s core earnings dropped 10 per cent to $18.3 million last year as electricity sales slipped. Net income plunged 73 per cent, to $5.4 million from $20.2 million in 2017, driven by a one-off $12.8 million restructuring charge, relat...

Belco reminded property owners to cut back their trees from power lines as they continue to cause outages across the island. More than 3,400 customers lost power last year as a result of trees falling on power lines that were not related hurricanes....

Electricity stored in new industrial-scale batteries at Belco will provide a back-up system that can deliver ten megawatts of power at a moment’s notice. It is believed that could be enough energy to power about 6,500 households, based on US data. T...