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Intersect Power Newsroom

Your source for the latest news and blogs from Intersect Power.

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...

Intersect Power Reaches Commercial Operation of 310 MWp Athos III Solar + Storage Project in California

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

Intersect Power Procures 4.9 GW for 2025-2029 Delivery, Increasing its Total 2022 Orders for First Solar Module Technology to 7.3 GW

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.

Intersect Power Closes $3.1 Billion in Project Financing to Complete Near Term Portfolio Totaling 2.2 GWDC

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

Intersect Power Orders 2.4 GW of First Solar’s High-Performance Modules

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.

Intersect Power Announces $750M Growth Equity Investment from TPG Rise Climate, CAI Investments & Trilantic Energy Partners North America

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

Intersect Power Wins Two “Deal of the Year” Awards for $2.6B of Project Financing

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.

Intersect Power welcomes John Cook as Chief Legal Officer

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

Intersect Power Secures $2.6 Billion in Project Financing to Build Out Near Term Portfolio Including 2.2 GWDC of Late-Stage Solar with 1.4 GWh of Storage; Projects Will be in Operation by 2023

Closings demonstrate thesis that today’s long term offtake contracts destroy value and that innovative financing can enable more valuable offtake structures  San Francisco -- [November 18, 2021] -- Intersect Power, LLC, (“Intersect Power” or “Intersect”),...

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.

A Country-Defining Investment is Not Spending

Sheldon Kimber: The debate over President Biden’s proposal for historic government investment to combat climate change is a colossal waste of time when the overwhelming facts of history are starkly laid out before us.

Federal Clean Energy Standard: Designing Markets For Clean Power

It’s a hard truth: not all clean energy is created equally and not all of it will help solve climate change.

Just Because It Doesn’t Have A Price Doesn’t Make It Free

Addressing the unaccounted costs of climate change is a key part of our solutions at 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.

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.

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...