press releases

Intersect Power announced today a strategic partnership with Google and TPG Rise Climate to provide scaled renewable power and storage solutions to new data centers. The partnership is designed to deliver gigawatts of new data center capacity across the US...

Goldman Sachs recognized Sheldon Kimber, CEO and Founder of Intersect Power, as one of the Most Exceptional Entrepreneurs of 2024 at its Builders and Innovators Summit in Healdsburg, California. Goldman Sachs selected Kimber from multiple industries to be honored at...

Tesla and Intersect Power announced a contract for 15.3 GWh of Megapacks, Tesla’s battery energy storage system, for Intersect Power’s solar + storage project portfolio through 2030. This agreement, when combined with previous commitments, make Intersect Power one of the...

Intersect Power announced the closing of two separate transactions representing an aggregate of $837 million of financing commitments for the construction and operation of three standalone Battery Energy Storage Systems (BESS) in Texas.

Intersect Power received honorable mention in Fast Company's World Changing Ideas awards in the Sustainability category for its approach and delivery of clean energy infrastructure.

Intersect Power has ranked 4th on Forbes' list of America's Best Startup Employers 2024. Out of 20,000 companies, only 3,000 qualified for an in-depth analysis based on three criteria: company reputation, employee satisfaction and growth.

Intersect Power announces the completion of its base portfolio totaling 2.2 GW of solar PV + 1.4 GWh of co-located storage, following the commercial operations of the Lumina Solar project in Texas.

OAKLAND, Calif., November 14, 2023 – Intersect Power, LLC (“Intersect Power” or “Intersect”) today announced the commercial operation of its Oberon Solar + Storage project, located in Riverside County, California. The Oberon project generates 679 MWp/500 MWac of reliable solar...

Houston, TX -- June 27, 2023 -- Intersect Power, LLC, (“Intersect Power” or “Intersect”), announced the closing of an up to $800 million new revolving corporate credit facility to support its continued organizational growth and expansion of its clean energy...

OAKLAND, Calif., June 6, 2023 /PRNewswire/ -- Intersect Power, LLC, ("Intersect Power"), announced the commercial operation of its Radian solar project, located in Brown County, TX, on May 16, 2023. The Radian solar project: Utilizes First Solar panels, Created more than 500 construction jobs over...

The Athos III solar project was built by union labor, with American-made solar panels, batteries, and steel piles.

The orders placed by Intersect Power this year will see a combination of First Solar’s Series 6 Plus and Series 7 modules deployed in its solar, storage, and green hydrogen projects.

All four projects – Lumina I, Lumina II, Oberon I and Oberon II – are expected to be operational in 2023.

The modules will be deployed in Intersect Power’s solar, storage, and green hydrogen projects coming online across the United States in 2025 through 2027.

Investment will provide significant capital to accelerate the build-out of Intersect Power’s clean energy platform.

Intersect Power has been awarded two prestigious “Deal of the Year” awards in recognition of November 2021’s closing on an aggregate of $2.6B of financing commitments.

John Cook will join the Company’s executive team leading the integrated legal activities to support Intersect Power’s rapid growth.

Closings demonstrate thesis that today’s long term offtake contracts destroy value and that innovative financing can enable more valuable offtake structures  San Francisco -- -- Intersect Power, LLC, (“Intersect Power” or “Intersect”), announced today the closing of eight separate transactions...

Intersect Power announces a MOU with Electric Hydrogen, an electrolyzer manufacturer led by a team of energy transition veterans from First Solar and Tesla, to advance green hydrogen production infrastructure

Intersect Power announces Signal Energy as the engineering, procurement and construction (EPC) firm and supply of the NX Horizon smart solar trackers and TrueCapture yield optimization software from Nextracker for two utility-scale solar projects totaling 728 MW (DC) in Texas...

With the release of the American Jobs Plan, and the announcement of the goal to move toward 100 percent carbon-pollution free power by 2035, the Biden administration is demonstrating both an understanding of and a commitment to doing what it...

Modules supplied under the seven purchase orders will be deployed to seven projects developed by Intersect Power, with deliveries scheduled for 2022 and 2023

Intersect Power has secured equity funding to accelerate the company’s transition to a scalable provider of electric power for utilities and large end-users.

Once completed, the combined 450 MWAC Athos Solar I and II project will be one of the largest solar installations in California.

SB Energy and Intersect Power announced today that SB Energy will acquire a portfolio of 5 U.S. solar power plants with a combined capacity of more than 1.7 GW from Intersect Power.

Intersect Power announced today that it has entered late-stage development on a large portfolio ofsolar power plants with a combined capacity of more than 1.7 gigawatts (GW)DC.