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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

A Shocker: Enron's Jeff Skilling Resigns

LCG, Aug. 15, 2001--Jeffrey K. Skilling, chief executive for just six months of Enron Corp., unexpectedly resigned yesterday for unspecified personal reasons, leaving Chairman Kenneth Lay to reassume the office he had turned over to Skilling last February.

Under Skilling, Enron has become the energy industry's middleman, providing markets for trading natural gas and electricity. The company has also pioneered in trading of fiber-optic bandwidth and trades in metals and paper. But Enron's market capitalization has been unable to resist broader market forces and has tumbled 50 percent in the past year.

Skilling said yesterday "The company is in great shape and I feel bad that anything I do is construed as something about the company," and Lay chimed in "I can honestly say I never felt better about the company."

More formally, Lay said "We regret Jeff's decision to resign, as he has been a big part of our success for over eleven years. But, we have the strongest and deepest talent we have ever had in the organization, our business is extremely strong, and our growth prospects have never been better."

The decline in Enron's stock has taken place despite growing earnings. The company is large enough to shrug off a failed foray into trading broadband access to the Internet but that venture made news, as did the fact that the company is under investigation by California legislators over alleged price manipulation in that state's power market.

Skilling said yesterday that what he termed a "meltdown" in the broadband business came as a surprise, but he believes the underlying demand is there. He also said the California investigations are unlikely to lead to significant penalties.

It was Skilling, who joined Enron in the 1980s from the consulting firm McKinsey & Co., who put Enron in the trading business. He was working for a McKinsey client, gas pipeline operator InterNorth of Omaha, Neb., helping the company hedge against high contract costs. When InterNorth merged with Houston Natural Gas Co. to form what later became Enron, Skilling came with it, and brought with him his ideas about energy trading.

Skilling said he will continue to serve Enron as a part-time consultant.

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