星期一, 9月 27, 2021
Home PV Companies LS Power launches Rev Renewables business unit

LS Power launches Rev Renewables business unit

Rev will take over LS Power’s 2.4 GW portfolio of operating solar, storage, and wind projects.

Source:pv magazine

LS Power is creating a new business unit, Rev Renewables, to develop, acquire, and operate energy storage and renewable projects.

Rev will take over LS Power’s 2.4 GW portfolio of operating solar, storage, and wind projects. The portfolio includes 25 solar power facilities across 14 states with a total capacity of 467 MWdc/365MWac); a California-based battery storage portfolio (615 MW by the end of 2022), a 1,620 MW pumped storage hydro portfolio in the mid-Atlantic region of PJM; and 132 MW of wind assets.

The business unit will be led by Edward Sondey, CEO. He previously was senior managing director of private equity at LS Power.

LS Power was founded in 1990 and is a development, investment, and operating company focused on the North American power and energy infrastructure sector, including transmission and roughly 45,000 MW of generating capacity. The company’s other investments include CPower Energy Management, Endurant Energy and EVgo.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

GRIDCO Gets Regulatory Approval to Procure Solar Power at ₹2.75/kWh from a 40 MW Project

The Odisha Energy Regulatory Commission (OERC) has approved the power purchase agreement (PPA) signed between Grid Corporation of Odisha (GRIDCO) and?NHPC Limited?for procuring 40...

Residential Solar System Sizes Continue to Rise in the U.S.: Berkeley Lab

The Berkeley Lab has found that solar photovoltaic (PV) system sizes continue to grow in the United States. In 2020, the median was 6.5...

IREDA’s 10 GW Solar Module Manufacturing Tender Receives Strong Response

The Indian Renewable Energy Development Agency (IREDA)’s tender for setting up manufacturing capacities for vertically-integrated high-efficiency solar modules under the production-linked incentive (PLI) program...

Nanoparticle Paste to Maximize Perovskite Solar Cells’ Efficiency Developed

Researchers at the ITMO University’s School of Physics and Engineering have developed a paste of titanium dioxide and resonant silicon nanoparticles to maximize perovskite...