NEWS: Today we announced a $750M growth equity investment led by
@tpg
Rise Climate, w/ participation from existing investors, CAI & Trilantic. This investment will advance our progress in enabling pathways between clean electricity & the broader economy.
Check out
@SheldonKimber
's latest blog on why Battery Energy Storage Systems are the rockstars of the energy transition.
Explore some of the market, technology, and supply chain aspects of this rapidly maturing part of the clean energy landscape.
Last week Sheldon Kimber and the Intersect Power team joined the Brookesmith Volunteer Fire Department and local community leaders to celebrate the expansion of a new Community Center.
Announced today,
@Apple
is investing in
@IntersectPower
’s 2,300-acre Radian Solar project as part of the company's transition to clean energy. Radian will generate 300MW of electricity, which will address the power their customers use to charge devices.
Consider this our obligatory clean-energy-company-post about how every day is
#EarthDay
.
And if you agree that one day isn’t enough to celebrate the Earth, consider joining our team
#EnergyTwitter
:
We’re grateful to have a strong values-aligned partner w/
@FirstSolar
. As the only large solar manufacturing company headquartered in the US, their investment in American manufacturing helps expand our
#cleanenergy
economy by ensuring the benefits are felt across the country.
We announced today that we will invest $680 million to expand America’s domestic PV solar manufacturing capacity by 3.3GW. Our third Ohio factory will come online in H1 2023 and increase our annual US capacity to 6GW.
#AmericasSolarCompany
Our Radian solar project in Brown County, Texas, has achieved commercial operation. The project created more than 500 construction jobs and generates 415 MWp /320 MWac of solar energy, enough to power more than 114,000 homes.
We're proud to be a part of the new multi-tech renewable energy trade association
@USCleanPower
and celebrate the launch of this historic effort in advancing
#cleanenergy
. Learn more about how ACP is making renewable energy a reality at .
#ACPAllReady
Excited to continue our partnership with
@FirstSolar
! Their solar PV modules set industry benchmarks for quality, durability, reliability, design and environmental performance. More about our deal for a
#cleanenergy
future:
Battery technology is evolving at a rapid pace and implementing storage options will inevitably solve many basis issues, defer transmission and make solar energy production hours more valuable. Win-win.
@pvmagazineusa
We are rapidly growing and looking for candidates for all aspects of our business. If you are passionate about building a
#cleanenergy
future, we would love to hear from you.
#hiring
We are excited to announce that we have secured $127 million in equity funding, & closed on a $482 million debt facility. We’re looking forward to growing our solar & energy storage business while also expanding into new technologies like green hydrogen.
As we face the challenges of COVID-19, Intersect Power is working remotely to build a clean energy infrastructure. To the millions worldwide who have built this industry together, keep each other safe and do all you can to ensure that there are jobs and opportunity to return to.
We're thrilled to have been recognized by
@Forbes
as one of America's Best Startup Employers for 2024.
It's an honor to claim the
#4
on such a prestigious list that identified 3,000 startups in total, with the 500 highest scorers making the final ranking.
As oil and gas companies start to accept the future of energy is in
#renewables
, they must position themselves to be
#cleanenergy
providers, altering the ever-changing
#solar
industry even more.
@pvmagazine
has more on the transition here:
@drvox
Hint: it has nothing to do with cars. As one of the largest solar developers in North America we see it as a huge lever on hard to decarbonize sectors and a way of bridging between success in renewables and other parts of the energy supply chain. Happy to chat if you want.
NEWS: We have closed on 8 separate transactions representing an aggregate of $2.6B of financing commitments for the construction & operations of a 6 project portfolio. Learn how we're using innovative financing to enable more valuable offtake structures:
We’re thrilled to continue our partnership with
@FirstSolar
who will supply 2.4 GW of domestically-manufactured, high-performance modules for our next wave of large-scale solar projects. Learn more:
Less than 5 miles from the Fire Dept lies our 415 MWp Radian solar project, which began operations in May. Creating more than 500 local jobs throughout construction, this project is now delivering clean, affordable power to Texans, even on the hottest days, for the next 30 years.
Grid-scale clean power is our first big decarbonization wedge. But despite being inevitable, it's a chaotic market. So how cheap are renewables, really? And what other pathways might they unlock?
Great convo with Sheldon Kimber, CEO of
@IntersectPower
David Freeman was a visionary and a difference-maker for clean energy. His commitment paved the way for
#renewables
. We must continue the fight for a
#sustainable
future keeping the efforts of those that came before us alive.
As
#solar
and
#renewable
energy evolve, it is important to adapt how
#clean
infrastructure projects get developed. Learn about the viability of merchant solar and shorter PPAs directly from
#IntersectPower
CEO Sheldon Kimber in
@mysuncast
’s podcast here.
We are pleased to share our 2023 Interim ESG Report:
Driven by our mission, our ESG strategy brings together our track record of established best practices and sets out a clear path forward to support our growth and a low-carbon future.
“Clean, local energy production and storage at a scale large enough to matter is one of the largest steps toward a positive change.” CEO
@SheldonKimber
featured in
@sfchronicle
on how local
#energy
is vital in times of rolling blackouts and wildfires.
As today marks
#EarthDay50
, it's a reminder that every day is a chance to change the world and advocate for
#ClimateAction
. Supporting the
#renewableenergy
industry through the current global crisis is the key to building a
#sustainable
future.
“The Nexus of Deep Decarbonization” is a five part thesis by CEO
@SheldonKimber
that outlines a vision for the future that informs the work we do every day. Read Part 1 which covers the ‘Five Inevitable Industries’ that will unlock our zero carbon future:
Behavioral contagion is one way to get the
#US
to incentivize combatting
#climatechange
. Through policies like a
#carbontax
, individuals and businesses will rapidly adopt more
#sustainable
behaviors and create ripple effects across the economy.
@nytimes
We are excited to announce an MOU with
@Electric_H2
to advance
#greenhydrogen
production infrastructure. The MOU is a framework for the application of EH2’s proprietary PEM electrolysis system in our renewable powered hydrogen projects.
#HydrogenDay
More:
May is
#MentalHealthAwarenessMonth
! Maintaining mental health requires a significant investment of time. The journey is different for everyone, but professional resources and support can be important aspects of one’s ability to continue growing in their own self-care.
This upcoming week, Intersect Power volunteers at FIND Blythe Pantry in Riverside County, home to our Athos III Solar and Storage Facility.
Athos III generates 310 MWp, enough reliable solar energy to power over 94,000 homes annually. Discover more in the video below: 👇
We’re
#hiring
a Director, Renewable Energy Project Development, West, to lead a team in identifying and developing new utility-scale
#solar
,
#wind
,
#energystorage
, and
#greenhydrogen
projects in the CAISO and WECC market(s). Learn more & apply:
Happy Friday! Here’s a pretty shot of Athos III to help ring in the weekend. If you like that view and dream of embracing new sources of
#cleanenergy
, consider joining the team:
(1/3) We are a remote-work company because we believe in hiring the best person for every role, no matter where they’re located. 4x/year we still come together for
#TeamWeek
to boost connectedness, creativity & shared experiences.
With import tariffs top of mind for the industry, CEO
@SheldonKimber
weighs in on why creating meaningful domestic manufacturing incentives is critical to the advancement of
#cleanenergy
on the new Factor This! podcast from
@EngelsAngle
. Check it out:
Learn more about the Oberon project, including how it aligns with the priorities of the IRA by using American-made equipment and paying prevailing wages, here:
“These closings culminate a multi-year process raising more than $6 billion to build out one of the largest solar + storage portfolios our country has seen to date.”- CEO
@SheldonKimber
on today’s announcement.
Learn more:
A new resource from SEIA maps out key provisions from the CARES Act that are relevant to
#solar
companies and workers impacted by
#COVID19
.
Check it out:
CEO
@SheldonKimber
will be speaking at
#CLEANPOWER2021
this Monday. Tune in at 11 am ET as Sheldon, along with other renewable energy leaders, share the story of
@USCleanPower
’s founding & how they’re uniting the clean energy industry. Register here:
We believe the
#zerocarbon
industries of tomorrow are enabled by the clean electricity technologies of today.
Visit our refreshed website 💻 to learn more about the nexus of deep decarbonization and our role in it:
Happy
#VeteransDay
! Today & every day, we’re grateful for all who have sacrificed to serve this country & celebrate the nearly 34,000 veterans that make up a critical part of the clean energy workforce. We’d be honored to work with you. Check out us out:
We’re looking forward to the Panhandle Strong Wildfire Benefit Concert, which kicks off tomorrow with 23 musical acts coming together to play and raise money for the fire departments, farmers and ranchers affected by the recent Smokehouse Creek Fire.
The U.S. grid needs an overhaul to ensure the power stays on for all Americans, especially in times of crisis like extreme weather events. Renewable energy and energy storage offer the solutions we need to ensure a more resilient grid.
Announcing a new deal with
@FirstSolar
for 2.4 GW of high-performance, responsibly-manufactured, Series 6 PV solar modules. As one of the fastest-growing developers of
#cleanenergy
, we’ll use them to build 7 projects in 2022 & 2023.
This is the first project to achieve operation through the streamlined approach under the
@Interior
and
@BLMNational
's Desert Renewable Energy Conservation Plan, which ensures responsible energy development in pursuit of a carbon free power sector.
Sometimes solutions to
#climatechange
are as simple as counting sheep. Introducing grazing livestock and pollinators into
#solar
farms drives down operating costs, makes a positive impact on local communities and supports the local ecosystem.
@UtilityDive
Our CEO,
@SheldonKimber
wrote about why the
#TexasPowerOutages
are part of a larger energy issue in America, and why we need federal government support. Read his latest blog here:
Over 50 American veterans have called on Congress to deliver real energy security through clean energy in an open letter to the
@nytimes
.
“We’ve seen firsthand how dictators like Vladimir Putin use oil and gas as political weapons.”
Read it here:
Intersect Power is proud to have kicked off the Pampa Chamber of Commerce’s wildlife relief campaign with a $100k donation.
Hit the link above for more info, how to get tickets, and donate, to help the Pampa Chamber of Commerce reach its ultimate goal of $500k.
In times of uncertainty, we must come together. We, along with
@SEIA
and 550 other American
#solar
businesses are asking Congress to continue supporting the 250,000 solar workers and their families through strategic policy changes.
Solar and wind power continues to expand in America with a 15% net gain since 2019, according to a new report by
@EIAgov
. Meanwhile, coal has had 17% net loss since 2019. The only surprise may be that both numbers aren’t bigger.
We’re proud to share that we've increased our total 2022 orders for
@FirstSolar
’s module technology to 7.3 GW. We look forward to continuing bringing our large-scale portfolio to operation, while creating American jobs in both construction & manufacturing.
“The support of local organizational sponsors, like Intersect Power, means a great deal and increases our ability to save lives and properties” said Chip Rodgers, Board Member of the Brookesmith Volunteer Fire Department.
(1/2) Last week, our interns met at our Truckee HQ to present their summer projects , while building connections and enjoying outdoor activities.
“It was inspiring to see how much impact they were able to bring to Intersect with each of their projects” -
@SheldonKimber
With support from policy leaders, the
#renewable
energy sector can kick-start the economy and create thousands of jobs.
#Climate
activist and former presidential candidate,
@TomSteyer
, believes our industry is key to rebuilding America.
@sammyroth
We’re honored to partner with
@SignalEnergyCo
&
@NEXTracker
on 2 more solar projects in CA & TX that will provide 728MW in 2022. Our trusted partnerships with both companies will help ensure quality development and project reliability.
There's still a path for America to find consensus, invest in hard assets and power the next 100 years of our nations economic dominance. We don't have to give up tech, but we can't rely on it to restore the middle class and end climate change.
#BuildBackBetter
@JoeBiden
Isn’t it ironic that a call to build largely physical and industrial infrastructure lives on the website of a venture capital firm with the tagline “Software Is Eating The World”? My response to
@pmarca
’s ‘IT’S TIME TO BUILD.’
@JigarShahDC
@emilykirsch
This is a reflection of our unwavering dedication to fostering a remarkable culture, prioritizing employee satisfaction, and driving sustainable growth. A massive shoutout to our incredible team of friends, whose hard work, passion, and innovation continue to propel us forward!
NEWS: Intersect Power has received two “Deal of the Year” awards for our November 2021 portfolio financing.
Learn more about our awards from Project Finance International and
@ProximoInfra
in our press release here
#PFIAwards
:
Now more than ever, we need to seize the opportunity to bolster economic recovery & reduce carbon emissions by ensuring the final
#infrastructure
package includes
#DirectPay
reforms like the ones outlined in this piece from our CEO,
@SheldonKimber
:
Join us in celebrating
#NationalEngineersWeek
! Thanks to our engineers who work hard everyday to advance innovative technologies, mitigate industry challenges & build a sustainable future. Join our team and be a part of
#CreatingTheFuture
:
We’re excited to announce we’ve secured a revolving corporate credit facility of up to $800 million to support the expansion of our
#cleanenergy
platform.
Read the full announcement here:
No better way to wrap the
@mysuncast
#GreenHydrogen
mini-series than with Joachim von Scheele shedding light on the role hydrogen has played in decarbonizing the steel industry. Give it a listen,
#EnergyTwitter
:
The last episode of the
@mysuncast
#GreenHydrogen
mini series drives home why ongoing dialogue between energy leaders & experts like Joachim Von Scheele is so important- there’s always more to learn. Great overview of the role h2 has played in decarbonizing beyond the power grid:
Check out the latest episode of the Factor This! Podcast featuring
@SheldonKimber
for a deep dive into the state of the clean energy industry, the decline of the "Goldilocks" business model, and Intersect Power's pursuit of green supermajor status.
A recent report from
@EIAgov
shows the strength and resilience
#renewableenergy
solutions have during a crisis. With
#energy
production in the
#US
from
#renewables
exceeding 20% in Q1 2020, renewables are the future of energy.
According to an article from Bloomberg Green (
@climate
), leading developers commissioned more than 35
#solar
projects of at least 200 MW in 2019 alone. Building a
#clean
future starts now.
Intersect Power CEO
@SheldonKimber
is testifying today at the
@HouseScience
hearing on Research and Development to Advance a Clean Hydrogen Future. You can watch live at 10 AM ET here:
With the ongoing
#COVID19
outbreak,
#IntersectPower
CEO Sheldon Kimber predicts the
#solar
industry will see many force majeure claims, discusses the benefits of transformers over modules for
#ITC
safe harbor.
It is now clear that we are at the tipping point on
#renewables
.
@MLiebreich
from
@BloombergNEF
believes that a global movement is occurring, calling for governments and businesses to support
#COVID
recovery through
#cleanenergy
and efficiency investments.
A new report by
@WoodMackenzie
revealed that the U.S.
#energystorage
industry broke records in the third quarter. This is not an outlier, it’s the future.
41% of new planned solar capacity is expected to come from CA & TX in 2023 (
@EIAgov
). We’re proud to be a part of this clean energy progress with our 300 MW Radian project in Brown County, TX, as one of the largest projects in construction today.
We have a base portfolio of 2.2 GW of solar PV and 1.4 GWh of co-located storage that is in operation or commissioning. These two components are vital to the
@IEA
's pathway for the energy sector to achieve
#netzero
C02 emissions by 2050. Learn more:
"Global warming can still be solved, but the easiest options are off the table, and the longer we wait, the harder it gets." Time is running out to
#decarbonize
, we must act now to avoid the world warming beyond a point of no return.
@umairfan
@voxdotcom
Hey
#EnergyTwitter
, have you heard the latest episode of
@CarbonCopy_Pod
? In it, CEO
@SheldonKimber
shares more about the “Five Inevitable Industries” and the zero carbon future we’re working towards. Check it out:
Time of sale matters much more than the quantity of sales in
#electricity
markets.
#COVID
may have less impact on
#solar
due to favorable shifts in the hourly shape of demand.
We are excited to participate in the Transatlantic Clean Hydrogen Trade Coalition (H2TC), a new initiative aiming to enable the first shipment of US-produced green hydrogen across the Atlantic to Europe by 2026.
For more information:
The
#climate
lessons of
#COVID19
: “That disasters do not respect borders, that solidarity brings strength, that science and expert advice matter, and that delay is deadly.”
#climatetwitter
Have you registered for the
@IntersolarNA
and
@EnergyStorageNA
2021 Digital Summit yet? Intersect CEO
@Sheldon
Kimber will be weighing in on Wednesday’s panel, “Sophisticated Financing for Utility Scale Solar”. Learn more & register to join on 7/14 here:
Tomorrow, I’ll join fellow industry experts at the
@IntersolarNA
&
@EnergyStorageNA
2021 Digital Summit to weigh in on the latest in financial innovation for solar project development. Register to attend this panel and learn more here:
This is really worth a read: A recent study revealed that American utilities have the capability to lower gas emissions while making significant economic gains. It’s a win-win situation.
.
@pvmagazine
details ways to stay involved in the
#solar
industry with several industry leaders moving their events to online platforms. As
#COVID19
continues to affect the
#renewables
landscape, it is important to support one another and stay connected.
We're honored to have been awarded
@ProximoInfra
's 2021 North America Solar Deal of the Year for our November closing on an aggregate of $2.6B of financing commitments for the construction and operations of a six-project portfolio.