Generation
Vistra Corp. on Jan. 5 announced it has executed definitive agreements to acquire Cogentrix Energy, consisting of 10 modern natural gas generation facilities totaling approximately 5,500 MW of capacity. Cogentrix is indirectly owned by funds managed by Quantum Capital Group. The acquisition includes
Electricity Markets
The Midcontinent ISO on Jan. 6 announced a strategic collaboration with Microsoft “that sets a new industry benchmark for grid modernization and supports a reliable and resilient energy transition,” the grid operator said. “By combining MISO’s deep operational expertise with Microsoft Azure and
Energy Storage
Trina Storage in December announced its expanding strategic partnership with Lightshift Energy, a U.S. developer, owner, and operator of energy storage systems. This partnership will deliver a portfolio greater than 1 GWh of energy storage projects across the United States.
Distributed Energy Resources
The last phase of local community solar projects facilitated by the Municipal Energy Agency of Nebraska (MEAN) in a collaborative effort with Omaha, Neb.-based Sandhills Energy went online in December.
Distributed Energy Resources
Citing project uncertainties, California public power utility SMUD announced on Jan. 5 that it will not be purchasing power from the Coyote Creek solar energy project.
Generation
Florida Municipal Power Agency (FMPA) announced on Jan. 6 that it has taken ownership of the third and final power plant in a major generation resource acquisition, originally announced in summer 2023.