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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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GE Vernova and AWS Announce Strategic Framework Agreement to Support AWS's Data Center Growth and to Address Global Energy Demand and Grid Challenges

LCG, March 5, 2025--GE Vernova and Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, announced yesterday the signing of a strategic framework agreement (SFA) designed to (i) support AWS’s data center scaling and (ii) provide collaboration to address increasing global energy demand, advance grid security and reliability, and decarbonization of electric power systems.

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Industry News

CPUC Approves Agreement for SDG&E to Purchase Power from New Gas-fired Power Plant

LCG, February 7, 2014--The California Public Utilities Commission (CPUC) Wednesday unanimously approved an application that provides authority for San Diego Gas & Electric (SDG&E) to enter into a power purchase tolling agreement (PPTA) with the Pio Pico Energy Center, LLC (Pio Pico), a proposed 305-MW generating facility in Otay Mesa, California. In addition, the approval provides for SDG&E to recover the costs of the PPTA, subject to a cost cap.

With the CPUC?s approval, Pio Pico Energy Center, LLC is poised to move towards construction of the project. The amended PPTA includes a 25-year term, starting in June 2017.

The CPUC?s findings included that ?Pio Pico will assist in the deployment of preferred resources by providing peaking and load-following generation that will complement intermittent renewable resources, and will immediately and over time displace less efficient and higher emitting gas-fired plants.?

The CPUC also concluded that it is reasonable to adopt SDG&E?s revised transmission upgrade costs as a cap on the transmission upgrade costs that SDG&E may recover from ratepayers.

The Pio Pico project obtained the California Energy Commission (CEC) certification on September 12, 2012.

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