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Geothermal Energy is Back on the Menu

LCG, March 12, 2025--Geothermal energy is resurfacing as a potential key element of America's energy future. The Department of Energy (DOE) Secretary highlighted next-generation geothermal energy as a future domestic source of reliable, 24x7 power supply to meet the growing demand for electricity in the U.S.

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Canadian Solar Announces New Battery Energy Storage Projects in California and Texas

LCG, March 6, 2025--Canadian Solar Inc. (Canadian Solar) announced today that e-STORAGE, a subsidiary of Canadian Solar majority-owned subsidiary CSI Solar Co., Ltd. (CSI Solar), has secured Battery Supply Agreements and Long-Term Service Agreements (LTSA) for two major battery energy storage projects developed by Aypa Power, a Blackstone portfolio company. These projects are designed to improve grid resilience and support renewable energy integration. Construction of the projects is planned to begin in Q3 2025.

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Industry News

Bank of America Wants to Trade Electricity

LCG, September 12, 2002-The Bank of America has asked the Federal Energy Regulatory Commission to allow it to participate in the electricity market.

FERC received the institution's filing last week and will determine whether or not to grant it a license.

Bank of America, which is based in North Carolina, began trading electricity derivatives over a month ago. The bank asserts that, because it is a liquid and creditable agent, its involvement in trading will benefit the electricity market at a time when many market players have to be somewhat more conservative about market participation.

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