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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

Tessera Solar Sells 850-MW Calico Solar Project

LCG, December 30, 2010--K Road Power acquired from Tessera Solar the Calico Solar Project, an 850-MW project located in the Mojave Desert near Barstow, California. A K Road spokesperson stated, "If fully constructed it would be the largest PV solar plant in the world." The Calico project would be the first built by K Road, an independent solar power developer established by former power sector professionals from Sithe Energies and Goldman Sachs.

The Calico Solar Project had been designed to use Tessera's SunCatcher technology, which employs a mirrored dish to focus sunlight to generate heat that is utilized by a Sterling engine. All government approvals were received to allow project development to commence on 4,613 acres of federal land. However, K Road plans to convert the first 750 MW of generating capacity from the SunCatcher technology to photovoltaic (PV) technology, with a future, 100-MW phase reserved to use the SunCatcher technology.

Using the more proven PV technology is expected by K Road to accelerate financing for the $3 billion project. The recent legislation extending the U.S. Treasury Grant program for renewable energy projects another year will also better enable financing for the project.

K Road plans to apply to the California Energy Commission (CEC) and Bureau of Land Management (BLM) for amendments to permits previously received by Tessera to incorporate the technology change before construction can commence. K Road expects that construction will start by mid-2011 and be completed approximately two years thereafter.

California passed a Renewable Portfolio Standard (RPS) Program that requires utilities to increase their electric supply procurement of eligible renewable generating resources by one percent of load per year, with the current requirement being 33 percent by 2020.
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