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NEW YORK, June 29, 2021 /PRNewswire/ LS Power today announced it has completed the acquisition of 25 solar power facilities totaling 467.8 MWdc (365 MWac) from Public Service Enterprise Group Incorporated (PSEG). These solar projects represent an important addition to LS Power s efforts to accelerate the evolution of a cleaner power grid, said LS Power CEO Paul Segal. This acquisition, along with our other investments in the clean energy space, highlights LS Power s commitment to scaling a diversified development and operating platform that will drive the decarbonization of our economy.
The solar facilities were acquired by LS Power affiliate Quattro Solar, LLC.
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NEW YORK, May 25, 2021 /PRNewswire/ LS Power, a leading development, investment and operating company focused on the North American power and energy infrastructure sector, today announced the release of its inaugural sustainability report. This report is informed by the Global Reporting Initiative Standards (GRI) and the Sustainability Accounting Standards Board (SASB), and accounts for LS Power s Environmental, Social and Governance (ESG) performance for calendar years 2019 and 2020. At a time of immense, rapid change in our world, we at LS Power are driven each day by a deep responsibility to meet this critical moment – to deliver the energy people increasingly need to live modern lives while also protecting and preserving our planet, said Paul Segal, Chief Executive Officer of LS Power. This is not new for us; we ve long been at the forefront of transitioning America s energy system and we are especially proud of our leadership i
US power and energy infrastructure developer, investor and operator LS Power has bought up GI Energy, a provider of clean energy solutions for commercial and industrial (C&I) customers with projects spanning the east and west coasts.
Published: 4 May 2021, 15:41
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The Crimson Solar Project in southern California could have the capacity to power 87,500 homes. Image: DOI/Tom Brewster.
The US Department of the Interior (DOI) has given the green light to the construction of a utility-scale solar-plus-storage project on public land in California.
The DOI announced on Monday (3 May) that the Bureau of Land Management (BLM) has given final approval to the Crimson Solar Project, a 350MW solar PV array with a 350MW/1,400MWh energy storage system that will generate power through the Southern California Edison Colorado River Substation.
The project will be owned by renewables company Sonoran West Solar Holdings, a subsidiary of utility-scale developer Recurrent Energy and Canadian Solar. It will be built on 2,500 acres of Federal land in Riverside County, according to an impact statement, and is expected to require an investment of US$500 million. The DOI said in a statement that the Cri
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