Intersect Power Newsroom
Your source for the latest news and blogs from Intersect Power.
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...
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.
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.
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.
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.
Bloomberg: Clean Energy Traffic Jam Snarls Grid Access in Key Solar Market
Bloomberg's Daniel Moore sheds an important light on the challenges facing electricity system operators across the U.S., and the pressing need to revamp the grid-connection process to filter out speculative proposals and enhance requirements for...
Latitude Media: The Excess Renewables Opportunity
Emma Foehringer Merchant of Latitude Media investigates how the absence of adequate transmission infrastructure is resulting in a rise in curtailment and waste of electricity, featuring Intersect Power Founder and CEO, Sheldon Kimber.
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.
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...