FlexGen

Solar Power World | June 18, 2018

FlexGen, an energy storage integrator, announced that Vistra Energy, an integrated power company, awarded a contract to design and integrate a 10-MW/42-MWh FlexGen energy storage system at the Upton 2 solar power plant in Texas. When completed in late 2018, the energy storage system, using FlexGen’s Hybrid OS software, will allow Vistra to store inexpensive solar energy generated during the day and deliver it to customers during evening hours when demand is greatest, improving grid reliability....

Strategy and Best Practices, Energy

FlexGen | January 19, 2023

On January 17, 2023, FlexGen Power Systems, Inc., a top battery energy storage solution and software technology provider, announced its selection for providing energy storage software and technology for 420MW of energy storage across four locations in California to Middle River Power. The energy storage projects are located along the current simple cycle natural gas peaking plants and will have interconnected facilities. Collocation of the natural gas peaking facilities with bat...

Blackstone | January 14, 2020

Private equity giant Blackstone is recapitalizing a U.S. solar power company with $850 million in new investment. Altus Power America, based in Connecticut, announced the Blackstone contribution to refinance its existing capital structure and fund future development. Blackstone made the investment through its GSO Capital Partners LP and Blackstone Insurance Solutions (BIS) Groups. “We’re incredibly enthusiastic to be partnering with Blackstone as we position our business for accelerating growth,...

Oil & Gas 360 | January 13, 2020

Ormat Technologies, Inc. (NYSE: ORA) today announced the signing of two similar Power Purchase Agreements (PPA) with Silicon Valley Clean Energy (SVCE) and Monterey Bay Community Power (MBCP). Under the PPAs, SVCE and MBCP will each purchase 7MW (for a total of 14 MW) of power generated by the expected 30MW Casa Diablo-IV (CD4) geothermal project located in Mammoth Lakes, California. The PPAs are for a term of 10 years and have a fixed MWh price, which includes energy, capacity, environmental at...