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Canadian Solar's e-STORAGE Collaborates with Aypa Power to Install 2.1 GWh of Ontario Battery Storage Projects

LCG, October 2, 2025--Canadian Solar Inc. yesterday announced that e-STORAGE, part of the Company's majority-owned subsidiary CSI Solar Co., Ltd., has entered into Battery Storage Agreements (BSA) and Long-Term Services Agreements (LTSA) with Aypa Power, a Blackstone portfolio company that develops, owns, and operates utility-scale energy storage and hybrid renewable energy projects.

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Vistra to Install New Gas-Fired Units at Permian Basin Power Plant

LCG, September 30, 2025--Vistra Corp. announced yesterday that it will proceed with the next phase of its capital plan to support grid reliability in Texas. In 2024, Vistra identified over $1 billion worth of potential capital additions in generation capacity within the Texas ERCOT market by 2028 if market conditions were supportive. Now, with West Texas' growing power requirements, particularly the state's expanding oil and natural gas industries, Vistra reached a final investment decision and confirms it will build two new advanced natural gas-fired power units on-site at its Permian Basin Power Plant.

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Industry News

SDG&E parent Expects 37 Percent Profit Jump

LCG, July 18, 2000--Sempra Energy, the parent company of San Diego Gas & Electric, has forecast that it will report substantially higher earnings for the quarter ended June 30, beating last years figures by as much as 37 percent.

At the same time, SDG&E electricity customers in Southern California have seen their electric bills double since May.

The utility says it is not responsible for the price spikes that have driven the average householders bill from around $50 to more than $100 per month. The company no longer generates power, having sold its power plants as part of the restructuring of Californias electric industry, and now must purchase power in the open market.

While SDG&E was explaining about the wholesale power market, its parent Sempra was explaining about its big increase in profits. It seems a Stamford, Conn.-based subsidiary, Sempra Energy Trading, cut a fat hog buying electricity and other energy commodities cheap and selling them dear.

SDG&E customers might be excused if they ask why Sempra Energy Trading didnt show a little favoritism to a sister company. Justin McCann, an analyst with Standard & Poors Equity Group agreed that that sort of question could trouble the company. "The utilities are very careful about a kind of backlash from consumers," he said.

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