Industry and IBEW News

Connecticut lawmakers are weighing House Bill 5340, which would allow customers to install plug in solar panels up to 1,200 watts without utility approval, lifting regulatory barriers that have kept so called balcony solar in a legal gray area despite growing consumer interest.
A New York investment firm has purchased a flex industrial office building in Stratford for $4 million, marking its entry into the lower Fairfield County market. The property sits on 3.21 acres and was built in 1982, appraised at $4.1 million in 2024.
Warner Bros. Discovery agreed to be acquired by Paramount Skydance in a $110 billion deal, ending a bidding war after Netflix withdrew its offer. The transaction is expected to close in Q3 2026 pending regulatory and shareholder approval.
The IBEW called for transparency and regulatory scrutiny following a second round of CBS News layoffs and plans to shut down CBS News Radio, warning that a proposed merger of CBS News with CNN raises serious questions about the future of union broadcasting jobs.
Per a new EIA report, wind and utility scale solar generated a record 17 percent of US electricity in 2025, up from less than 1 percent in 2005. Utility scale solar rose 34 percent year over year, while combined wind and solar reach 19 percent when residential installations are included.