Intersect Power
Intersect Power is a clean energy company focused on providing innovative low-carbon power solutions and leading large-scale clean energy projects.
Company facts
- Founded
- 2016
- Headquarters
- United States
- CEO
- Sheldon Kimber
About
Intersect Power is a clean energy company bringing innovative, scalable, and American-made, low-carbon solutions to its customers in global energy markets. We develop, own, and operate some of the world’s largest grid-tied clean energy resources, as well as co-located facilities for large industrial loads, including data centers, e-fuels, and other energy-intensive products. Intersect is laser-focused on the largest, most transformative clean energy projects that decarbonize the existing power grid and bring new loads to clean generation without the need for new transmission. Intersect is redefining the scope of the clean energy industry by enabling new pathways between clean electricity and the broader economy. Our Portfolio includes 2.2 GW of operating solar PV and 2.4 GWh of battery storage in operation or construction, representing approximately $4B of capital investments. We will break ground on an additional 4 GW of solar PV and 10 GWh of battery storage in 2025, representing ~$9B of assets. Our expansive portfolio demonstrates our commitment to growth in grid-tied renewables, battery storage, and co-located power facilities for large industrial loads. The existing projects like Athos III, Radian, and Lumina reflect our focus on bringing high capacity factor, low-cost clean electricity, which is crucial for deep decarbonization efforts. Our business model not only emphasizes mitigating climate change but also prioritizes creating substantial economic opportunities in various communities we serve.