Intersect Power Newsroom
Your source for the latest news and blogs from Intersect Power.
Intersect Power Forms Strategic Partnership with Google and TPG Rise Climate to Co-Locate Data Center Load and Clean Power Generation
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...
Intersect Power CEO and Founder Sheldon Kimber Honored by Goldman Sachs for Climate Entrepreneurship
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...
TESLA PROVIDES INTERSECT POWER WITH 15.3 GWh OF MEGAPACKS FOR SOLAR + STORAGE PROJECTS
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 Secures $837 Million in Project Financing to Build 1 GWh of Battery Energy Storage Systems (BESS) in Texas
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 NAMED IN SUSTAINABILITY CATEGORY OF FAST COMPANY’S 2024 WORLD CHANGING IDEAS AWARDS
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 RECOGNIZED BY FORBES AS ONE OF AMERICA’S BEST STARTUP EMPLOYERS
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’S 828 MWp LUMINA SOLAR PROJECT IN TEXAS REACHES COMMERCIAL OPERATION
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.
INTERSECT POWER REACHES COMMERCIAL OPERATION OF 679 MWp / 1 GWh OBERON SOLAR + STORAGE PROJECT IN CALIFORNIA
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...
Intersect Power Secures an Up to $800 Million Revolving Credit Facility to Support Expansion of its Clean Energy Platform
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...
Intersect Power’s 415 MWp Radian Solar Project in Texas Reaches Commercial Operation
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...
Decarbonization, Digitalization, and Electrification: As Megatrends Collide AI Data Center Demand Is a Preview of What’s to Come
Sheldon Kimber explores how the shift towards a “power first” approach will reshape the future of energy infrastructure and what it means for the development of AI-driven data centers in an increasingly electrified world.
BESS Assets: Rockstars Of The Energy Transition
Sheldon Kimber explores some of the market, technology, and supply chain aspects of this rapidly maturing part of the clean energy landscape, and why its crucial for the industry business models to evolve with it.
Solar Cost Declines Were a Lie… Sort Of
Sheldon Kimber: the real threat to our industry lies in the fact that we have willingly cornered ourselves into a technology and supply chain path that exposes us to long-term cost increases and instability.
The Future of the Grid
Despite a lack of any progress or supporting evidence many folks in our industry continue to believe that an Eisenhower style buildout is somehow coming to save the US electric grid. At Intersect Power, we're...
Texas: Global Energy Pioneer Or Political Tempest
Sheldon Kimber: Today the state of Texas finds itself at the vanguard of another major energy transition - defined by a boom of entrepreneurial endeavors, government support for a nascent industry, disruption of existing markets...
End of Year Reflections: Climate Policy is Here to Stay. That Was the Easy Part
The Inflation Reduction Act (IRA) is giving much to the clean energy industry and much will be required of us.
Bridge Between Vision and Progress is Built in Steel. That’s Where Intersect Power Comes In.
Sheldon Kimber: It’s been a tough year for clean energy, but adversity favors the strong and we at Intersect Power have never been stronger.
The Secure Path Forward
Sheldon Kimber: Anyone telling you there is a clear and simple strategy for saving US consumers from the volatility and uncertainty of global energy markets is not correct.
The Nexus of Deep Decarbonization
Intersect Power Founder and CEO, Sheldon Kimber, discusses his vision for the inevitable industries that will arise from low-cost clean electricity.
Corporations Thrived In Spite of AND Because Of Higher Taxes that Lead to Massive Government Investments
Sheldon Kimber: My point of view on whether or not we can afford to place a higher tax burden on US corporations to solve the climate crisis.
Infrastructure Investor: Pipelines or pipe dreams? Valuing renewables platforms
The renewables landscape is awash with large development pipelines promising enormous amounts of power. We explore whether they can deliver.
Wall Street Journal: Wall Street Wants In on America’s Battery Storage Boom
Solar surge lets battery companies charge up when power prices are low, sell when high.
Canary Media: Intersect Power to build $837M worth of grid batteries in Texas
The three Texas battery installations are expected to be up and running in 2024, helping provide more capacity to the state’s booming storage market.
12 start-ups tackling the energy transition
Businesses globally have attracted billions in venture capital for clean and renewable power projects.
In conversation with Intersect Power at Reuters Events Hydrogen Europe 2024
A conversation with Sheldon Kimber, CEO and Founder of Intersect Power.
Solar Builder Magazine: Can’t blame IRA: Prevailing wage requirements have no impact on large project costs
Solar labor costs are high and rising, driving “astronomical” bids from EPCs, but market fundamentals, not the IRA’s prevailing wage requirements, are to blame, experts including Sheldon Kimber, told Solar Builder Magazine.
Forbes: AMERICA’S BEST STARTUP EMPLOYERS
Intersect Power is ranked 4th on Forbes’ prestigious list of America's Best Startup Employers for 2024.
Financial Times: Banks find clean-energy allies in fight against stricter capital rules
At a time when tax equity needs to expand, we’re seeing it contract,” said Sheldon Kimber, founder of Intersect Power, a US developer, adding that banks had been anxious to make long-term commitments. “It just...
Canary Media: The brewing rift within the Biden admin’s clean hydrogen strategy
Several firms are ready to play by the three-pillars guidelines and make money right now. Companies like AES, Apex Clean Energy and Intersect Power have merged clean hydrogen development with renewables development.
Renewable Energy World: Clean energy needs a new bellwether. Who should it be?
Intersect Power CEO Sheldon Kimber shares why you should forget everything you know about clean energy development. He’s convinced a fresh business model is necessary to sustain an industry battered by rising capital costs.
The POWER Podcast: Why Data Center Developers Should Think ‘Power First’
Sheldon Kimber, CEO and Founder of Intersect Power, joins Aaron Larson on The POWER Podcast to discuss how the convergence of decarbonization, electrification, and digitalization is driving the need for a "power first" focus when siting data centers.
Energy Evolution Podcast: The business case for solar power in the US energy transition
Sheldon Kimber, CEO and Founder of Intersect Power, joins Camellia Moors on the Energy Evolution Podcast to discuss the business case for solar power development in the US, some of the policies surrounding the industry, and solar power’s role in...
Redefining Energy: 141. Texas, California: From Renewable Energy developer to IPP
Sheldon Kimber, CEO and Founder of Intersect Power, joins the podcast to discuss developing a few huge projects in both Texas and California.
Renewable Energy World’s Factor This! Podcast: Clean Energy Needs a New Bellwether. Who Should it Be?
Clean energy is in desperate need of a new bellwether- and way of thinking- to survive and thrive. Sheldon Kimber and Intersect Power say they’re ready to lead the charge.
Hydrogen Innovators Podcast: Sheldon Kimber | Hydrogen Project Development Demystified
Sheldon Kimber, CEO and Founder of Intersect Power, joins Karen Baert on the Hydrogen Innovators Podcast to demystfy hydrogen project development and explain why it’s the big prize in decarbonization.
The Carbon Copy Podcast: The Future of the Broken Grid
Sheldon Kimber joins Stephen Lacey on The Carbon Copy podcast to discuss what led to today's broken power grid, where he sees the industry 10 years from now, and the importance of Intersect Power's mission-driven thesis that underlines our entire...
Currents Podcast: Intersect Power CEO, Sheldon Kimber Discusses the U.S. Power Grid
Sheldon Kimber, Founder and CEO of Intersect Power, joins Todd Alexander for a discussion about the United States power grid system. He discusses what challenges the system poses to energy transition strategies, the dependency on natural gas, misconceptions that may...
Energy Unplugged: EP.120 – Sheldon Kimber, CEO & Founder, Intersect Power
Intersect Power is one of the most successful and dynamic clean infrastructure companies in the US today. Sheldon has had a hugely impressive and diverse career in energy, spending time at Recurrent, Calpine and at Accenture before founding Intersect Power....
NPM Interconnections – Episode 42: Sheldon Kimber | Intersect Power
Sheldon Kimber, the CEO and founder of renewable developer Intersect Power joins the podcast to discuss the possible impacts of the Inflation Reduction Act of 2022 —announced on July 27 after Senators Manchin and Schumer reached a compromise— on renewable...
Renewable Energy World Factor This! Podcast: How the solar industry swayed Biden on import tariffs
Intersect Power CEO Sheldon Kimber joins the podcast to discuss the early days of Recurrent Energy, tariffs, and solar's path forward.
Climate Positive Podcast: Sheldon Kimber | The Nexus of Deep Decarbonization
Sheldon Kimber appears on the Climate Positive Podcast to talk about deep decarbonization and the clean energy industry.
Berkeley One Haas Podcast: Sheldon Kimber | Shaping the Future of the Energy Industry
Sheldon Kimber appears on the Berkley One Haas Podcast to talk about clean energy, green hydrogen, and decarbonization.
The Carbon Copy Podcast: The ‘Inevitable Industries’ That Will Decarbonize the World
Sheldon Kimber, the CEO and founder of renewable developer Intersect Power joins The Carbon Copy podcast to discuss his vision for the inevitable industries that will arise from low-cost clean electricity, which he calls the “Nexus of Deep Decarbonization.”
HPScast Podcast: Sheldon Kimber | CEO & Founder of Intersect Power
Learn how Sheldon Kimber plans to grow and scale low-carbon technology at Intersect Power to propel the future of the clean energy industry forward
Green Hydrogen, a Suncast Media and Intersect Power Collaboration
In this mini-Series we will help you filter hope from hype and reality from fiction to see where the true opportunities exist with Green Hydrogen.
CURRENTS PODCAST: Intersect Power’s Approach and Latest Financing
Sheldon Kimber, CEO and co-founder of Intersect Power, joins us to discuss what he is seeing in the industry and talk about the company’s latest financing. We discuss Intersect’s interest in green hydrogen, how big of an impact tariffs are...
Suncast Podcast: Marc Anderseen Is Wrong. Clean Energy Will Drive A Domestic Investment Boom, With Sheldon Kimber, CEO Of Intersect Power
Marc Andreessen Is Wrong. Clean Energy Can Drive A Domestic Infrastructure Boom - Sheldon Kimber, CEO Of Intersect Power
Suncast Podcast: Is Solar Ready For Merchant Markets? Guest Sheldon Kimber, CEO Intersect Power
This conversation took place in the Podcast Lounge live at SPI 2019 between Christian Roselund, Editorial Director of the Rocky Mountain Institute, and Sheldon Kimber, Founder & CEO of Intersect Power, a developer of utility-scale renewables. Key ideas explored: The...