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LS Power Completes Major Solar Acquisition of 25 Solar Facilities Spanning 14 States

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PR Newswire
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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MIcrogrid Company GI Energy Becomes Endurant Energy with LS Power Acquisition

By Rei Imagine/Shutterstock.com
After launching in the United Kingdom, GI Energy started its US operations in 2011 with headquarters in Chicago. The company expanded from its initial focus on geothermal heat pumps into fuel cells, battery storage, microgrids and, more recently, batteries combined with solar as well as reciprocating engines for co-generation, said Tom Chadwick, Endurant CEO.
“What we found was we were an integrated house with one big gap, and that was capital,” he said.
Ultimately, a strong balance sheet is required to develop projects, according to Chadwick.
“You need it to be able to give the customer what they want, which I think is, increasingly, an alternative to utilities,” he said. Endurant’s projects range from single technology energy retrofits of historic landmarks to large-scale microgrids integrated with resource management and smart-city infrastructure. ....

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LS Power buys distributed energy infrastructure group GI Energy and its New York battery projects

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. ....

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ConEd and GI Energy advance new model for storage deployment with Bronx project

ConEd and GI Energy advance new model for storage deployment with Bronx project
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Consolidated Edison : Battery Project Enhances Reliability To Con Edison Customers On City Island

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NEW YORK, April 12, 2021 /PRNewswire/ Con Edison is bringing energy storage technology to City Island in the Bronx to improve reliability.
The battery system on a customer property at 220 City Island Avenue can provide 1 megawatt – or a million watts – to customers along the business strip. That will take stress off the Con Edison grid on hot summer days when electrical usage soars.
Battery technology can help us accomplish several goals on behalf of our customers, said Santee Hernandez, Con Edison s project manager. Power discharged from a battery when our customers need it the most means less demand on our electric-delivery equipment. And deploying batteries is another way we are leading the transition to a clean energy future. ....

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