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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

PG&E Bankruptcy Judge Considers Clashing Reorganization Plans

LCG, Jan. 17, 2002--At a hearing yesterday, U.S. Bankruptcy Judge Dennis Montali said that the California Public Utilities Commission would need to "tell me and show me that it really has some viable alternative," to PG&E's proposed reorganization plan.

Montali told those present at the hearing that PG&E's intent to transfer its assets outside the purview of the CPUC was "enormously risky". The CPUC, Montali said, would need to explain the details of how PG&E would pay its creditors.

The agency contends that by using about $5 billion that it now has at its disposal, PG&E would be able to start reimbursing creditors. Excess revenues earned in the future could also be utilized, it found. Alan Kornberg, a PUC lawyer, told the judge that its proposal specified a more reliable source of funding than refunds from power generators, as proposed by PG&E.

Montali is scheduled during a hearing on Jan. 25 to consider arguments on whether PG&E may override state and local laws as part of a reorganization plan. If PG&E were allowed to override the laws, legal disputes could result, according to the PUC.

Saying that his decision would likely come some days following the hearing on the 25th, Montali said the PUC plan "maybe has less uncertainty." He also stated that he was hopeful that more progress might be made between the PUC and PG&E through mediation.

At issue as well is the speed of approval of a reorganization plan. The official creditors' committee has expressed conditional support for the PG&E plan.

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