Podcasts about intersect power

Sheldon Kimber says the grid is broken — at least for new data centers and other large, industrial loads that need lots of clean power, fast.  But the founder and CEO of Intersect Power believes there's a workaround that enables larger data centers and speeds up time to power: colocating behind-the-meter generation and storage on megasites rich with renewable resources.  In short, instead of bringing clean generation to load, bring load to clean generation. Major partners are on board with the strategy. Last December Intersect announced $800M in investment from Google and private equity firm TPG, along with a goal of catalyzing $20B in projects by 2030. So how does colocation work? And how far does it go? In this episode, Shayle talks to Sheldon about how colocation can help sidestep the challenges associated with grid upgrades, transmission, and permitting. They dig into topics like: Major forces shaping the market, like AI demand, the IRA, and tariffs Optimal PPA prices and tenures The right mix of grid-connected and behind-the-meter power The extreme version of colocation: off-grid data centers Megasite developers for hydrogen and crypto and how they took advantage of the AI boom Whether DeepSeek will cause energy demand to temper or accelerate Recommended resources Latitude Media: Google's new data center model signals a massive market shift Latitude Media: Load growth is changing how Silicon Ranch develops solar projects Latitude Media: Amazon's data center strategy: ‘Get back to being grid-tied' Catalyst: The US power demand surge: The electricity gauntlet has arrived Credits: Hosted by Shayle Kann. Produced and edited by Daniel Woldorff. Original music and engineering by Sean Marquand. Stephen Lacey is executive editor. Catalyst is brought to you by EnergyHub. EnergyHub helps utilities build next-generation virtual power plants that unlock reliable flexibility at every level of the grid. See how EnergyHub helps unlock the power of flexibility at scale, and deliver more value through cross-DER dispatch with their leading Edge DERMS platform, by visiting energyhub.com. Catalyst is brought to you by Antenna Group, the public relations and strategic marketing agency of choice for climate and energy leaders. If you're a startup, investor, or global corporation that's looking to tell your climate story, demonstrate your impact, or accelerate your growth, Antenna Group's team of industry insiders is ready to help. Learn more at antennagroup.com.

Hey Strangers, Grab 20% off Selected items and subscriptions using my Link:https://livezesty.com/CODINGWITHSTRAN...or use my code at checkout: CODINGWITHSTRANGERS #google #ai #power Nuclear power may have received the lion's share of attention from energy hungry tech companies over the past few months, with Google among them. But it appears that those new reactors won't be enough for their AI ambitions: Google is now working with partners to build gigawatts of renewable power, battery storage, and grid upgrades to power its data centers. Google announced Tuesday it signed a deal with renewable developer Intersect Power and investment fund TPG Rise Climate to spin up enough carbon-free power to drive several gigawatt-scale data centers. Altogether, the investment in renewable power will run about $20 billion, and Intersect is already financing the first project, the company told TechCrunch. ======================================= My other podcast https://www.youtube.com/channel/UCKpvBEElSl1dD72Y5gtepkw ************************************************** Something Strange https://www.youtube.com/watch?v=GRjVc2TZqN4&t=4s ************************************************** article links: https://www.youtube.com/watch?v=ypURoMU3P3U https://www.wired.com/story/big-interview-zack-snyder-2024/ ====================================== Today is for push-ups and Programming and I am all done doing push-ups Discord https://discord.gg/MYvNgYYFxq TikTok https://www.tiktok.com/@strangestcoder Youtube https://www.youtube.com/@codingwithstrangers Twitch https://www.twitch.tv/CodingWithStrangers Twitter https://twitter.com/strangestcoder merch Support CodingWithStrangers IRL by purchasing some merch. All merch purchases include an alert: https://streamlabs.com/codingwithstrangers/merch Github Follow my works of chaos https://github.com/codingwithstrangers Tips https://streamlabs.com/codingwithstrangers/tip Patreon patreon.com/TheStrangers Timeline 00:00 intro 01:01 What Talking We Talking About 04:42 Article 11:37 My Thoughts 13:00 outro anything else? Take Care --- Send in a voice message: https://podcasters.spotify.com/pod/show/coding-with-strangers/message

China has launched an investigation into Nvidia for alleged anti-monopoly violations, impacting Nvidia's operations and the global semiconductor industry. Brian Murray, CEO of HarperCollins Publishers, discussed AI's role in the publishing industry, highlighting productivity, accessibility, and content creation benefits while addressing concerns about quality, ethics, and job displacement. General Motors will cease funding its autonomous vehicle unit, Cruise, and integrate its technical team into developing advanced driver-assist systems for personal vehicles. The U.S. government awarded Micron Technology $6.165 billion to support semiconductor manufacturing projects in New York and Idaho, aiming to boost domestic production and technological self-sufficiency. Yelp introduced AI-powered review insights, a personalized home feed, and a redesigned inbox for business owners to enhance user experience and competitiveness. Aqemia, a Paris-based startup, secured $38 million in funding to accelerate drug discovery using its advanced AI platform. Google's Year in Search report for 2024 highlights AI and social media's impact on public discourse and global consumer interests. Google introduced a new quantum chip, Willow, with 105 qubits, potentially transforming medicine, science, and finance. YouTube is expanding its AI-powered auto-dubbing feature to generate translated audio tracks in multiple languages, making videos more accessible globally. The rapid advancement of AI technologies is reshaping the job market, potentially replacing human intellectual labor and sparking debates about the evolving role of humans in the workforce. Generative AI offers significant advancements but also poses risks, including the creation of misleading content that undermines public trust. Open AI's new video generator, Sora, raises ethical and legal concerns by offering instant AI-generated videos from text prompts. Policymakers and AI developers face challenges in preventing misuse and ensuring cybersecurity amid the rapid evolution of AI technology. Speak, an AI-driven language learning platform, secured $78 million in Series C funding to provide real-time feedback on pronunciation and tone. Stainless, founded by Alex Rattray, uses AI to automatically generate SDKs from APIs, streamlining the development process for developers. Google, in partnership with TPG Rise Climate and other investors, is investing over $800 million in renewable energy developer Intersect Power to support sustainability goals and meet the energy demands of its AI-driven data centers.

You don't need me to tell you how artificial intelligence (AI) is impacting the power grid; you can just ask AI. Claude, an AI assistant created by Anthropic, told POWER, “AI training and inference are driving unprecedented demand for data center capacity, particularly due to large language models and other compute-intensive AI workloads.” It also said, “AI servers, especially those with multiple GPUs [graphics processing units], require significantly more power per rack than traditional servers—often 2–4x higher power density.” So, what does that mean for power grid operators and electricity suppliers? Claude said there could be several effects, including local grid strain in AI hub regions, the need for upgraded transmission infrastructure, higher baseline power consumption, and potential grid stability issues in peak usage periods. Notably, it said AI data centers tend to cluster in specific regions with favorable power costs and regulations, creating “hotspots” of extreme power demand. Sheldon Kimber, founder and CEO of Intersect Power, a clean energy company that develops, owns, and operates a base portfolio of 2.2 GW of operating solar PV and 2.4 GWh of storage in operation or construction, understands the challenges data centers present for the grid. As a guest on The POWER Podcast, Kimber suggested the only way to meet the massive increase in power demand coming from data centers is with scalable behind-the-meter solutions. “These assets may still touch the grid—they may still have some reliance on the grid—but they're going to have to bring with them an enormous amount of behind-the-meter generation and storage and other things to make sure that they are flexible enough that the grid can integrate them without creating such a strain on the grid, on rate payers, and on the utilities that service them,” Kimber said. Yet, data center developers have not traditionally kept power top-of-mind. “The data center market to date has been more of a real estate development game,” Kimber explained. “How close to a labor pool are you? What does it look like on the fiber side? What does the land look like?” He said electric power service was certainly part of the equation, but it was more like part of a “balanced breakfast of real estate criteria,” rather than a top priority for siting a data center. In today's environment, that needs to change. Kimber said Intersect Power has been talking to data center companies for at least three years, pitching them on the idea of siting data centers behind-the-meter at some of his projects. The response has been lukewarm at best. Most of the companies want to keep their data centers in already well-established hubs, such as in northern Virginia; Santa Clara, California; or the Columbia River Gorge region in Oregon, for example. Kimber's comeback has been, “Tell us when you're ready to site for ‘Power First.' ” What “Power First” means is simple. Start with power, and the availability of power, as the first criteria, and screen out all the sites that don't have power. “To date, data center development that was not ‘Power First' has really been focused on: ‘What does the plug look like?' ” Kimber said. In other words: How is the developer connecting the data center to the power grid—or plugging in? The developers basically assumed that if they could get connected to the grid, the local utility would find a way to supply the electricity needed. However, it's getting harder and harder for utilities to provide what developers are asking for. “The realization that the grid just isn't going to be able to provide power in most of the places that people want it is now causing a lot of data center customers to re-evaluate the need to move from where they are. And when they're making those moves, obviously, the first thing that's coming to mind is: ‘Well, if I'm going to have to move anyway, I might as well move to where the binding constraint, which is power, is no longer a constraint,' ” he said.

**News & Links:** Zubau erneuerbarer in D vs. BuReg Ziele [Deutschland erreicht Ziel für Solarausbau sieben Monate früher | NDR.de - Nachrichten - ndrdata ](https://www.ndr.de/nachrichten/ndrdata/Deutschland-erreicht-gesetzliches-Ziel-fuer-Solarausbau,erneuerbare106.html) So läuft der Ausbau der Erneuerbaren Energien in Deutschland | Bundesregierung [Einspeisevergütung für Solarstrom am Ende – Kein Geld bei negativen Strompreisen | agrarheute.com](https://www.agrarheute.com/energie/strom/einspeiseverguetung-fuer-solarstrom-ende-kein-geld-negativen-strompreisen-625000) Negative Preise an der Strombörse, immer öfter, aber wie kommen die eigentlich zu Stande? [The reasons for negative prices - by Julien Jomaux ](https://gemenergyanalytics.substack.com/p/the-reasons-for-negative-prices) [Mehr Redispatch-Maßnahmen, aber geringere Kosten](https://www.zfk.de/energie/strom/mehr-redispatch-massnahmen-aber-geringere-kosten) [Energiewende: Engpässe im Stromnetz kosteten 2023 knapp 3,1 Milliarden Euro - DER SPIEGEL](https://www.spiegel.de/wirtschaft/netzausbau-engpaesse-im-stromnetz-kosteten-2023-knapp-3-1-milliarden-euro-a-fee2a9d8-6351-4387-9c34-68414d2e76a4) [Tesla: Multi Milliarden Projekt mit “Intersect Power” in Kalifornien](https://electrek.co/2024/07/18/tesla-secures-absurdly-large-multi-billion-megapack-contract/ ) [1komma5 macht jetzt auch Werbung im Fernsehen](https://www.linkedin.com/feed/update/urn:li:activity:7231193111022968834/) [Annualisierte Einnahmen von Batteriespeichern im Juni 2024](https://www.linkedin.com/feed/update/urn:li:activity:7223953015060217856/ ) **Zusammenfassung** In dieser Folge besprechen Alex und Ilan verschiedene Themen rund um die Energiebranche. Wir diskutieren die aktuellen Entwicklungen in der [Energiezone](http://www.energiezone.org), den Stand von [onu.energy](http://www.onu.energy) und die Herausforderungen bei der Energiewende. Außerdem analysieren sie die Geschäftszahlen von enpal und 1komma5 und hinterfragen deren Geschäftsmodelle. Wir sprechen auch über das [Energiefrühstück](http://www.energiefrühstück.de) und kommende Veranstaltungen. Alex und Ilan besprechen verschiedene Themen, darunter die Finanzkennzahlen jüngsten Finanzkennzahlen von enpal, den Ausbau erneuerbarer Energien und die Auswirkungen auf den Strommarkt. Wir erwähnen auch die Anzahl der neu installierten Solaranlagen in Deutschland und die Kosten für Redispatch-Maßnahmen. Es wird auch über negative Strompreise und deren Auswirkungen auf den Markt gesprochen. Schließlich beäugen wir kritisch den Netzausbau und die Herausforderungen bei der Integration erneuerbarer Energien in das Stromnetz. In diesem Teil des Gesprächs diskutieren Alex und Ilan den fehlenden Konsens in Politik und Gesellschaft bezüglich der Energiewende. Wir sprechen auch über die Arbeit von Encentive, einem Startup, das hilft, den Energieverbrauch in der Industrie zu optimieren. Wir berühren die Herausforderungen des Ausbaus des Übertragungsnetzes und die sinkenden Kosten für Solarenergie. Sie diskutieren auch die Wirksamkeit von Fernsehwerbung für Energieunternehmen und die potenziellen Vorteile intelligenter Energiesysteme. **Kapitelmarkierungen** 00:00:00 Aktuelle Entwicklungen in der Energiezone 00:03:52 Herausforderungen bei der Energiewende 00:09:09 Analyse der Geschäftszahlen von enpal und 1komma5 00:19:42 Die Adjustierung von Finanzkennzahlen und das Vertrauen in börsennotierte Unternehmen 00:22:02 Der schnelle Ausbau erneuerbarer Energien in Deutschland 00:26:33 Negative Strompreise und ihre Auswirkungen auf den Markt 00:34:14 Der Netzausbau und die Herausforderungen bei der Integration erneuerbarer Energien 00:39:08 Der fehlende Konsens in Politik und Gesellschaft 00:40:35 Optimierung des Energieverbrauchs in der verarbeitenden Industrie 00:41:34 Herausforderungen des Ausbaus des Übertragungsnetzes 00:44:25 Die sinkenden Kosten der Solarenergie 00:50:32 Die Wirksamkeit von Fernsehwerbung für Energieunternehmen

Solar power is the fastest growing source of electricity in the US. But as adoption of solar and other renewable power generation grows, developers are facing new realities when it comes to financing projects and setting expectations about their returns.   In this episode, guest Sheldon Kimber, founder and CEO of independent power producer Intersect Power, speaks with correspondent Camellia Moors about the business case for solar power development in the US, some of the policies surrounding the industry, and solar power's role in the US energy transition.  Subscribe to Energy Evolution to stay current on the energy transition and its implications. Veteran journalists Dan Testa and Taylor Kuykendall co-host the show, which routinely features regular correspondents Camilla Naschert and Camellia Moors. 

Solar power is the fastest growing source of electricity in the US. But as adoption of solar and other renewable power generation grows, developers are facing new realities when it comes to financing projects and setting expectations about their returns.   In this episode, guest Sheldon Kimber, founder and CEO of independent power producer Intersect Power, speaks with correspondent Camellia Moors about the business case for solar power development in the US, some of the policies surrounding the industry, and solar power's role in the US energy transition.  Subscribe to Energy Evolution to stay current on the energy transition and its implications. Veteran journalists Dan Testa and Taylor Kuykendall co-host the show, which routinely features regular correspondents Camilla Naschert and Camellia Moors. 

In this episode of the BIC Magazine Weekly Industry Report, we cover new polling showing strong opposition to bans on gas vehicles, Chesapeake Utilities' approved natural gas projects in Florida, Hithium Tech USA's $100 million battery facility in Texas, the rebound of U.S. jet fuel consumption, and Intersect Power's $837 million financing for new battery energy storage systems in Texas. This episode is sponsored by The PRIME Expo. For more news on the renewable energy industry, manufacturing industry, oil and gas industry and more, visit bicmagazine.com #EnergyNews #RenewableEnergy #ElectricVehicles #GreenTech #BatteryStorage

Texas and California have witnessed a crazy growth in Solar and Batteries in recent years. In 2024 California has 24GW of Solar and 9GW of batteries on its grid; Texas has grown even faster with 31GW of Solar and 10GW of batteries.When it comes to the Energy Transition, you can make the following analogy: public policies are the land and financial markets are the rain. But the seeds are battle-hardened entrepreneurs. Laurent and Gerard love to invite such heroes of the development of Renewables. They don't build pipelines of projects. They built projects. One of those American Heroes is Sheldon Kimber, CEO of Intersect Power. In the past 8 years, Intersect has delivered 4GW of Solar and 2.5GWh of batteries. By focusing on a few huge projects, by developing a unique expertise in both Texas and California. Along the way, the Company has closed $5B in project financings and raised nearly $1B in corporate equity (TPG, CAI, Trilantic) to support the buildout of the Base Portfolio and additional growth projects. But Sheldon's success is also linked to the development of a secure and efficient supply chain.The conversation is so rich that we didn't have time to delve into his plan to develop e-fuels for Taylor Swift private jet.  And, as Daniel said: “Stumpf ist Trumpf”.  We thank DLA Piper for supporting the show

Most CEOs are deliberate and careful, often neutering commentary of any hint of controversy. Sheldon Kimber is not like most CEOs. He's known to pen a thousand words, or two, on the ebbs and flows of the energy transition. His comments are not always complimentary. But they're aimed at pushing the industry toward new heights. Don't be mistaken— Kimber is deliberate, too. He uses his voice not for attention, but because he passionately believes the clean energy industry needs an unashamed advocate.His latest campaign may be his most bold. In Episode 75 of the Factor This! podcast, Kimber shares why you should forget everything you know about clean energy development. He's convinced a fresh business model is necessary to sustain an industry battered by rising capital costs, which have shaken even the likes of sector king NextEra.Clean energy is in desperate need of a new bellwether, and way of thinking, to survive and thrive. Kimber, and Intersect Power, say they are ready to lead the charge. Watch the full episode on YouTubeRegister for the GridTECH Connect Forum - Southeast event taking place in Orlando on Feb. 26 using promo code "PODCAST" to receive 10%. Take advantage of this unique opportunity for developers, utilities, and regulators to collaborate on the critical issue of interconnection. All GridTECH Connect attendees also receive complimentary access to DISTRIBUTECH International. Watch every new episode of the Factor This! podcast on the Renewable Energy World YouTube channel, and make sure to subscribe while you're there!

Sheldon Kimber, CEO and Founder of Intersect Power, demystifies hydrogen project development. Some of his golden rules and insights on effective project development include:1️⃣ Innovative financing for large projects is typically2️⃣ Not every long-term contract is a good contract3️⃣ The current “flight to quality” for financiers leads to a consolidation in the project development market4️⃣ Hydrogen deployment is much more than just a technology game. The business model matters!Nuggets of inspiration

This is a partner podcast episode, brought to you by Intersect Power. The U.S. grid is in trouble. It's old; it's really hard to build new transmission lines; and that is limiting the amount of wind and solar we can add to the system. Sheldon Kimber, Founder and CEO of the clean energy developer Intersect Power, says the grid is “broken.” But he has a plan to get around those constraints.  In this episode, produced in partnership with Intersect Power, Sheldon Kimber talks with Stephen Lacey about creative strategies for building renewables that don't rely on overhauling the grid.  If you want to read more about Sheldon's vision on how this strategy will play out, he has an op-ed published at Latitude Media.  Intersect Power is a clean energy company bringing innovative and scalable low-carbon solutions to its customers in global energy markets. The company develops, owns, and operates some of the world's largest clean energy resources – providing low-carbon electricity, fuels, and related products to customers for U.S. consumption and international export. Learn more about Intersect's projects and business model.

Welcome to The Hydrogen Podcast!In episode 201,  Canary media opens up the debate on green hydrogen production in the United States. I'll go through the first article on today's hydrogen podcast.Thank you for listening and I hope you enjoy the podcast. Please feel free to email me at info@thehydrogenpodcast.com with any questions. Also, if you wouldn't mind subscribing to my podcast using your preferred platform... I would greatly appreciate it. Respectfully,Paul RoddenVISIT THE HYDROGEN PODCAST WEBSITEhttps://thehydrogenpodcast.comCHECK OUT OUR BLOGhttps://thehydrogenpodcast.com/blog/WANT TO SPONSOR THE PODCAST? Send us an email to: info@thehydrogenpodcast.comNEW TO HYDROGEN AND NEED A QUICK INTRODUCTION?Start Here: The 6 Main Colors of Hydrogen

Welcome to The Hydrogen Podcast!In episode 181, The Wall Street Journal discusses Plug Power and the future of the hydrogen economy. I'll go over the article and give you my thoughts on today's hydrogen podcast.Thank you for listening and I hope you enjoy the podcast. Please feel free to email me at info@thehydrogenpodcast.com with any questions. Also, if you wouldn't mind subscribing to my podcast using your preferred platform... I would greatly appreciate it. Respectfully,Paul RoddenVISIT THE HYDROGEN PODCAST WEBSITEhttps://thehydrogenpodcast.comCHECK OUT OUR BLOGhttps://thehydrogenpodcast.com/blog/WANT TO SPONSOR THE PODCAST? Send us an email to: info@thehydrogenpodcast.comNEW TO HYDROGEN AND NEED A QUICK INTRODUCTION?Start Here: The 6 Main Colors of Hydrogen

In this episode, our Managing Director of Aurora in APAC & California, Hugo Batten is delighted to be joined by Sheldon Kimber, CEO and Founder of Intersect Power and our Founder and CEO, John Feddersen. Intersect Power is one of the most successful and dynamic clean infrastructure companies in the US today. Sheldon has had a hugely impressive and diverse career in energy, spending time at Recurrent, Calpine and at Accenture before founding Intersect Power. He also lectures at the Haas School of Business, University of California Berkeley. Main topics include: • Intersect's thinking about the future of energy markets and decarbonisation • The US energy markets and the future of utilities in California • The energy crisis in Europe Read more from Sheldon on The Nexus of Deep Decarbonization here: https://www.intersectpower.com/the-nexus-of-deep-decarbonization/

Sheldon Kimber, the CEO and founder of renewable developer Intersect Power joins the podcast to discuss the possible impacts of the Inflation Reduction Act of 2022 —announced on July 27 after Senators Manchin and Schumer reached a compromise— on renewable energy development and the renewable supply chain. Later, Kimber walks us through Intersect Power's 8 GW pipeline, including its future entrance into the wind market and how green hydrogen will be one of the target uses of its USD 750m in capital the company raised in late June from TPG Rise and others. New Project Media (NPM) is a leading data, intelligence and events company providing origination led coverage of the renewable energy market for the development, finance, advisory & corporate community.

Sheldon Kimber has built from scratch multiple successful enterprises over his two decades in the energy industry. Now the CEO and Co-Founder of Intersect Power, a developer and owner of some of the world's largest clean energy resources, Sheldon is working to bring innovative and scalable low-carbon solutions to customers across North America. Earlier this year, Sheldon published an article entitled, “The Nexus of Deep Decarbonization,” in which he discusses the five inevitable industries that have the potential for exponential growth as we work to decarbonize the global economy by leveraging increasingly affordable and available clean energy. These five industries include; Green Hydrogen and E-Fuels, Direct Air Capture, Electrification of Industrial Thermal Loads, Mass Electric Vehicle Charging, and Desalination and Water Transportation.In this episode, Chad Reed and Jeff Eckel dive deep into Sheldon's unique background and discuss the five inevitable industries, and the related decarbonization policy challenges and opportunities given the current macroenvironment. To get the most out of this episode, we encourage you to read Sheldon's aforementioned article, available in the show notes. Links:Sheldon Kimber TwitterArticle: The Nexus of Deep Decarbonization (Sheldon Kimber, February 11, 2022)Article: Proposed US tax credit 'would instantly make green and blue hydrogen competitive with grey' (ReCharge News, February 9, 2022) Episode recorded: May 11, 2022

Today's episode is about clean energy, green hydrogen, and decarbonization. Our guest, Sheldon Kimber, has over 20 years of experience in energy finance, development, and entrepreneurship. He is currently CEO and Founder of Intersect Power, a clean infrastructure company bringing utility-scale energy and storage solutions to wholesale customers, delivering value and viability to both energy buyers and asset investors. Professor Severin Borenstein who is an expert on these topics also joins us in this conversation.Sheldon spent five years at Calpine, working on finance and development of gas-fired power projects. He also worked as an investment banker at Goldman Sachs, and in Accenture's strategy consulting practice, specializing in power-price forecasting and asset valuation projects for utility clients.In this episode, Sheldon shares his origin story, his professional career, and his time at Haas where his interest in clean energy and clean technology escalated.We also get to hear about the company he founded, Intersect Power, what it is currently doing, its plans for the future, and how Haasies can join its vision in building a clean energy future.Episode Quotes:The best thing you can do as an entrepreneur"I think the best entrepreneurs are people who do feel a sense of obligation to the people who work with them or for them. The best entrepreneurs are, first and foremost, servants to their people, because I think, at the end of the day, in this day and age, pulling together great teams of people is what builds value in almost any industry. And if you, as a leader, aren't really a servant to your people and really focused on that being the number one thing, it's pretty much the most valuable thing you can do. And I don't know, there's a lot of people that'll tell you how smart they are and how visionary they are and all of that, but I think, at the end of the day, I've found that creating an environment that is more caring and open and transparent is probably the best thing you can do as an entrepreneur."Why he founded Intersect Power"Intersect was actually born out of two questions. One was, it's clear that renewables are just getting cheaper and cheaper. So, what happens when renewable power, at certain times of day in certain locations, is so cheap you just either can't or shouldn't put all of it on the grid, it's just not necessary, it's not needed, you can't even get it to where it needs to go? That's one question. And the second question was, how do I never wind up having a utility between me and my customer ever again? I didn't necessarily solve that second one, but those were the two big problem statements or questions that I was most focused on."Having a small team that is aligned with the company's vision"When you can prove that you're able to do much, much more with less on the overhead side, people, they step back and let you get the results, which is what we want to do. I'd much rather have a small group of people who are the absolute best, the pinnacle of the industry, that are willing to work their tails off, but are expecting to get compensated pretty highly and are also, they're used to being treated in a certain way, having information shared with them, having a clear and transparent view of the company's strategy, being treated like peers and leaders and strategic thinkers. And I think I'd rather create that environment and that's what we've done here. And I think, because you remain lean and can control your overhead, your investors usually go along with that because they're seeing the results they need, because people—they're happy, they're plugged into the vision.How can Haasies help?"For Haas folks, it's important to understand the ties that Intersect has culturally to some of our roots at Haas. And so, when we talk about challenging the status quo and confidence without attitude, these are the types of values that are at the absolute core of Intersect. We are confident people. I do think we're the best at what we do. And that's important to believe that. But at the same time, exercising a certain level of humility to understand some of these new things you have to go in. …you know, I had a meeting with a CEO of a wind company the other day, and I started by saying, ‘We're getting into wind….I have no idea what that means, really, you know? So I first want you to know that there's no pride here, please help me.'So, I think, when you step back and look at the cultures of our organization versus the school, there are a lot of overlaps, a lot of similarities. And I think that makes Haas folks a really good fit for us. And we have a lot of Haas folks already that work with us and a lot of Cal folks that work with us. We're also just whip-smart. I do think we are the best. We're confident about that. And I think that also matches up really well with Haas because I think there are a lot of really talented people looking to make a difference in the world. And we're a great place to come to work if that's what you're looking to do with your life."Show Links:Sheldon Kimber“The Nexus of Deep Decarbonization” Blog by Sheldon KimberProfessor Severin BorensteinIntersect PowerIntersect Power Job OpportunitiesSupport this podcast at — https://redcircle.com/onehaas/donations

This week marks the end of Season 5 of The HPScast. Join host Colbert Cannon as he looks back at some of the season's most memorable moments – from guest playbooks' on how to navigate unprecedented situations to some tried and true career advice. We'll be back in the second half of 2022 with all new episodes, but until then, make sure to catch up on any conversations you might have missed from this season and beyond. Or try out one of the many Best Ideas shared at the end of every episode. You can find links to those in the show notes of each episode. 

Sheldon Kimber has spent the last 20 years developing energy projects. He's overseen the build-out of billions of dollars worth of large-scale solar plants. Getting those solar projects in the ground wasn't easy. Abrupt national policy shifts, international trade wars, and local regulatory hurdles made every megawatt a fight. The stunning price drops in wind and solar weren't inevitable. But they were predictable – partly because people like Sheldon were building renewable power plants at a consistent pace.  Today, all that cheap renewable power is opening up opportunities in other areas of the economy. And as CEO of Intersect Power, Sheldon is building a portfolio of massive solar and battery projects that can enable predictable cost drops for other low-carbon solutions. In this episode, produced in collaboration with Intersect Power, Stephen Lacey talks with Sheldon Kimber about his vision for the inevitable industries that will arise from low-cost clean electricity. Read Sheldon's article on the “nexus of deep decarbonization.” Intersect Power is a clean energy company bringing innovative and scalable low-carbon solutions to customers in retail and wholesale energy markets. Learn more about Intersect's projects and business model.

On this week's episode, Colbert sits down with Sheldon Kimber, CEO and Founder of Intersect Power. We learn how Sheldon plans to grow and scale low-carbon technology at Intersect Power to propel the future of the clean energy industry forward. He also shares his personal journey into the energy sector, from working on smaller scale utilities projects at Accenture to critical reliable power for Calpine – and his short-lived attempt to exit the space in business school before rejoining with Recurrent Energy. We discuss his efforts to build an innovative portfolio as COO of the solar developer before eventually leaving to start his own clean energy company. Learn more about Sheldon Kimber's tenure at Intersect Power here. You can check out our guest's Best Idea, reading his work for The Intersection Blog, here. Watch the Apple TV seriesTehran, Colbert's Best Idea for this week, here.

Sheldon Kimber, CEO and co-founder of Intersect Power, joins us to discuss the $2.6 billion financing facility that Intersect signed in November 2021 to finance a portfolio of late-stage solar and storage projects in California and Texas. We get into Intersect's $600 million equity raise last year, Sheldon's openness to merchant risk, the sacrifices that need to be made when the company structures these deals, where he sees the energy storage market going and more.

If you've been around the solar industry for long, you might recognize the name, Raffi Garabedian. If you don't, however, it's probably because you haven't studied the rise of one of the largest solar manufacturing brands in the world, First Solar, or perhaps you didn't sell against First Solar for years like Nico did in his past life! Raffi was the Chief Technology Officer at First Solar for the better part of the last decade, and recently retired to pursue “other interests”.  When he came out if stealth this year, we were surprised, and pleased, that it was in pursuit of another cutting edge technology scale-up endeavor - productizing an electrolyzer stack that can scale effectively for developers as many, like Intersect Power, scour the market for a partner to help convert those clean green electrons from massive solar and wind parks into Green Hydrogen.  Founded by experienced renewable energy technologists, Electric Hydrogen aims to cost-effectively decarbonize the massive industrial sectors that we all rely on. Raffi and team are thinking big and with urgency to decarbonize the physical world, and in today's part four of our Green Hydrogen series, he speaks to exactly where the market is going and what technological limitations have thus far limited scale thus far. If you're new to the Hydrogen discussion, you'll also appreciate Raffi's solar-specific perspective, detailed insight into the role of solar project developers, and critical thought around the barriers to scale presently for Green Hydrogen technology. It gets technical, but it's eye-opening, and it's a ton of value packed into an hour - fair warning, you may need to listen twice!   As in the last 3 episodes, Intersect Power's CEO, Sheldon Kimber, joins me for a “takeaways” session at the end of the episode so you can hear from a major clean infrastructure developer (Intersect has raised >$2.5B in financing) on where all this fits in a real-world application. This is part four of our Green Hydrogen Mini-Series.  You can follow along and learn more about our experts at www.mysuncast.com/hydrogen  Episode 1 - Nexus of Deep Decarbonization & “The Inevitability of Hydrogen” with Sheldon Kimber, CEO Intersect Power Episode 2 - The Green Hydrogen Opportunity with DNVs Global Energy Storage leader and Hydrogen Industry Veteran, Jason Goodhand Episode 3 - The Role of the Large Energy Companies, partnership opportunities, existing infrastructure, and more from a top 10 Oil & Gas analyst, RBC's Biraj Borkhataria Episode 4 - Role of New Technologies - with Raffi Garbedin, Co-founder of Electric Hydrogen (formerly CTO of First Solar)  Episode 5 - Decarbonizing Hard-to-abate Sectors Like Steel with Joachim Von Sheele, Global Director of Commercialization at the world's largest industrial gas company, Linde, who is also building the world's largest Electrolyzer. (*coming December 21st)

If you've been around the solar industry for long, you might recognize the name, Raffi Garabedian. If you don't, however, it's probably because you haven't studied the rise of one of the largest solar manufacturing brands in the world, First Solar, or perhaps you didn't sell against First Solar for years like Nico did in his past life! Raffi was the Chief Technology Officer at First Solar for the better part of the last decade, and recently retired to pursue “other interests”.  When he came out if stealth this year, we were surprised, and pleased, that it was in pursuit of another cutting edge technology scale-up endeavor - productizing an electrolyzer stack that can scale effectively for developers as many, like Intersect Power, scour the market for a partner to help convert those clean green electrons from massive solar and wind parks into Green Hydrogen.  Founded by experienced renewable energy technologists, Electric Hydrogen aims to cost-effectively decarbonize the massive industrial sectors that we all rely on. Raffi and team are thinking big and with urgency to decarbonize the physical world, and in today's part four of our Green Hydrogen series, he speaks to exactly where the market is going and what technological limitations have thus far limited scale thus far. If you're new to the Hydrogen discussion, you'll also appreciate Raffi's solar-specific perspective, detailed insight into the role of solar project developers, and critical thought around the barriers to scale presently for Green Hydrogen technology. It gets technical, but it's eye-opening, and it's a ton of value packed into an hour - fair warning, you may need to listen twice!   As in the last 3 episodes, Intersect Power's CEO, Sheldon Kimber, joins me for a “takeaways” session at the end of the episode so you can hear from a major clean infrastructure developer (Intersect has raised >$2.5B in financing) on where all this fits in a real-world application. This is part four of our Green Hydrogen Mini-Series.  You can follow along and learn more about our experts at www.mysuncast.com/hydrogen  Episode 1 - Nexus of Deep Decarbonization & “The Inevitability of Hydrogen” with Sheldon Kimber, CEO Intersect Power Episode 2 - The Green Hydrogen Opportunity with DNVs Global Energy Storage leader and Hydrogen Industry Veteran, Jason Goodhand Episode 3 - The Role of the Large Energy Companies, partnership opportunities, existing infrastructure, and more from a top 10 Oil & Gas analyst, RBC's Biraj Borkhataria Episode 4 - Role of New Technologies - with Raffi Garbedin, Co-founder of Electric Hydrogen (formerly CTO of First Solar)  Episode 5 - Decarbonizing Hard-to-abate Sectors Like Steel with Joachim Von Sheele, Global Director of Commercialization at the world's largest industrial gas company, Linde, who is also building the world's largest Electrolyzer. (*coming December 21st)

It's time to bet on the future. Climate change is here, disasters are daily, and even financial systems are strained to breaking. In Episode One of our Green Hydrogen Mini-Series, Sheldon Kimber is thinking outside the grid and betting on dramatic change, with his eyes set on five inevitable technologies of the zero carbon future. What markets will be both profitable and scalable? Why is Green Hydrogen a giga-ton clean gas solution? And how does it even work? We talk about his vision of the carbon-neutral future and the steps Intersect Power is taking to get there. Hold on, because we are going to be thinking big and out of the box in the series. Don't miss it. The Green Hydrogen Mini-Series is produced in partnership with Intersect Power. It will help you filter hope from hype and reality from fiction to see where the true opportunities exist with Green Hydrogen. Be sure you're subscribed so you'll catch each episode as soon as it is released. Here's a peak at what's coming this week in the Green Hydrogen Mini-Series Episode 1 - Nexus of Deep Decarbonization & “The Inevitability of Hydrogen” with Sheldon Kimber, CEO Intersect Power Episode 2 - The Green Hydrogen Opportunity with DNVs Global Energy Storage leader and Hydrogen Industry Veteran, Jason Goodhand Episode 3 - The Role of the Large Energy Companies, partnership opportunities, existing infrastructure, and more from a top 10 Oil & Gas analyst, RBC's Biraj Borkhataria Episode 4 - Role of New Technologies - with Raffi Garbedin, Co-founder of Electric Hydrogen (formerly CTO of First Solar) Episode 5 - Decarbonizing Hard-to-abate Sectors Like Steel with Joachim Von Sheele, Global Director of Commercialization at the world's largest industrial gas company, Linde, who is also building the world's largest Electrolyzer.     -- There's a lot we dig into today, so sit back and enjoy When it's done, I'd love if you'd leave us a 5 ⭐ rating & review and it's never been easier: www.ratethispodcast.com/suncast   And, find me on Linkedin and let me know what you thought of this episode! (http://www.linkedin.com/in/nickalus)    Remember you can always find the resources and learn more about today's guest, recommendations, book links, and more than 400 other founder stories and startup advice as well as sign up for weekly email notifications at www.mysuncast.com.   Join the conversation with Nico Johnson, on Twitter, LinkedIn or email

It's time to bet on the future. Climate change is here, disasters are daily, and even financial systems are strained to breaking. In Episode One of our Green Hydrogen Mini-Series, Sheldon Kimber is thinking outside the grid and betting on dramatic change, with his eyes set on five inevitable technologies of the zero carbon future. What markets will be both profitable and scalable? Why is Green Hydrogen a giga-ton clean gas solution? And how does it even work? We talk about his vision of the carbon-neutral future and the steps Intersect Power is taking to get there. Hold on, because we are going to be thinking big and out of the box in the series. Don't miss it. The Green Hydrogen Mini-Series is produced in partnership with Intersect Power. It will help you filter hope from hype and reality from fiction to see where the true opportunities exist with Green Hydrogen. Be sure you're subscribed so you'll catch each episode as soon as it is released. Here's a peak at what's coming this week in the Green Hydrogen Mini-Series Episode 1 - Nexus of Deep Decarbonization & “The Inevitability of Hydrogen” with Sheldon Kimber, CEO Intersect Power Episode 2 - The Green Hydrogen Opportunity with DNVs Global Energy Storage leader and Hydrogen Industry Veteran, Jason Goodhand Episode 3 - The Role of the Large Energy Companies, partnership opportunities, existing infrastructure, and more from a top 10 Oil & Gas analyst, RBC's Biraj Borkhataria Episode 4 - Role of New Technologies - with Raffi Garbedin, Co-founder of Electric Hydrogen (formerly CTO of First Solar) Episode 5 - Decarbonizing Hard-to-abate Sectors Like Steel with Joachim Von Sheele, Global Director of Commercialization at the world's largest industrial gas company, Linde, who is also building the world's largest Electrolyzer.     -- There's a lot we dig into today, so sit back and enjoy When it's done, I'd love if you'd leave us a 5 ⭐ rating & review and it's never been easier: www.ratethispodcast.com/suncast   And, find me on Linkedin and let me know what you thought of this episode! (http://www.linkedin.com/in/nickalus)    Remember you can always find the resources and learn more about today's guest, recommendations, book links, and more than 400 other founder stories and startup advice as well as sign up for weekly email notifications at www.mysuncast.com.   Join the conversation with Nico Johnson, on Twitter, LinkedIn or email

Hydrogen, the most abundant element on earth, has been hailed for decades as a beacon of the coming clean energy revolution. So why has it still not arrived? And why is everybody all of a sudden talking about Green Hydrogen? In this mini-Series, in partnership with Intersect Power, we will help you filter hope from hype and reality from fiction to see where the true opportunities exist with Green Hydrogen. If you've been looking for one place to understand whether there really is a pathway for renewable energy developers to benefit from the long-awaited Hydrogen Economy, this series is for you. Join me and five subject matter experts, and get smart enough on this topic to engage in Holiday banter and maybe even a healthy professional debate! Be sure you're subscribed so you'll catch each episode as soon as it is released. Here's a sneak peak at what's coming in the Hydrogen Mini-Series Episode 1 - Nexus of Deep Decarbonization & “The Inevitability of Hydrogen” with Sheldon Kimber, CEO Intersect Power Episode 2 - The Green Hydrogen Opportunity with DNVs Global Energy Storage leader and Hydrogen Industry Veteran, Jason Goodhand Episode 3 - The Role of the Large Energy Companies, partnership opportunities, existing infrastructure, and more from a top 10 Oil & Gas analyst, RBC's Biraj Borkhataria Episode 4 - Role of New Technologies - with Raffi Garbedin, Co-founder of Electric Hydrogen (formerly CTO of First Solar) Episode 5 - Decarbonizing Hard-to-abate Sectors Like Steel with Joachim Von Sheele, Global Director of Commercialization at the world's largest industrial gas company, Linde, who is also building the world's largest Electrolyzer.   -- There's a lot we dig into today, so sit back and enjoy When it's done, I'd love if you'd leave us a 5 ⭐ rating & review and it's never been easier: www.ratethispodcast.com/suncast And, find me on Linkedin and let me know what you thought of this episode! (http://www.linkedin.com/in/nickalus)  Remember you can always find the resources and learn more about guests, recommendations, book links, and more than 400 other founder stories and startup advice as well as sign up for weekly email notifications at www.mysuncast.com.   Join the conversation with Nico Johnson, on Twitter, LinkedIn or email

Hydrogen, the most abundant element on earth, has been hailed for decades as a beacon of the coming clean energy revolution. So why has it still not arrived? And why is everybody all of a sudden talking about Green Hydrogen? In this mini-Series, in partnership with Intersect Power, we will help you filter hope from hype and reality from fiction to see where the true opportunities exist with Green Hydrogen. If you've been looking for one place to understand whether there really is a pathway for renewable energy developers to benefit from the long-awaited Hydrogen Economy, this series is for you. Join me and five subject matter experts, and get smart enough on this topic to engage in Holiday banter and maybe even a healthy professional debate! Be sure you're subscribed so you'll catch each episode as soon as it is released. Here's a sneak peak at what's coming in the Hydrogen Mini-Series Episode 1 - Nexus of Deep Decarbonization & “The Inevitability of Hydrogen” with Sheldon Kimber, CEO Intersect Power Episode 2 - The Green Hydrogen Opportunity with DNVs Global Energy Storage leader and Hydrogen Industry Veteran, Jason Goodhand Episode 3 - The Role of the Large Energy Companies, partnership opportunities, existing infrastructure, and more from a top 10 Oil & Gas analyst, RBC's Biraj Borkhataria Episode 4 - Role of New Technologies - with Raffi Garbedin, Co-founder of Electric Hydrogen (formerly CTO of First Solar) Episode 5 - Decarbonizing Hard-to-abate Sectors Like Steel with Joachim Von Sheele, Global Director of Commercialization at the world's largest industrial gas company, Linde, who is also building the world's largest Electrolyzer.   -- There's a lot we dig into today, so sit back and enjoy When it's done, I'd love if you'd leave us a 5 ⭐ rating & review and it's never been easier: www.ratethispodcast.com/suncast And, find me on Linkedin and let me know what you thought of this episode! (http://www.linkedin.com/in/nickalus)  Remember you can always find the resources and learn more about guests, recommendations, book links, and more than 400 other founder stories and startup advice as well as sign up for weekly email notifications at www.mysuncast.com.   Join the conversation with Nico Johnson, on Twitter, LinkedIn or email

Sheldon Kimber, CEO and co-founder of Intersect Power, joins us to discuss what he is seeing in the industry and talk about the company's latest financing. We discuss Intersect's interest in green hydrogen, how big of an impact tariffs are having on supply chain issues, the current tax equity market, Intersect's $2.6B financing for construction and operations of a six-portfolio project, and more.

There is no path to deep decarbonization that doesn't involve a clean power sector. And there is no path to a clean power sector that doesn't involve deploying massive amounts of wind, solar, and lithium-ion batteries.Those three technologies don't solve the entire problem of climate change, but they are the workhorses that will power a broader, multi-sector decarbonization approach.The power sector itself is around a quarter of all greenhouse gas emissions. And a net-zero electricity sector is the key that unlocks a host of other decarbonization pathways, from hydrogen to carbon removal to transportation.So what exactly is happening in the utility-scale renewables market? How cheap are those resources, really? And what might hold them back? And if they work as we think they might, what could they unlock?This week, Shayle Kann sits down with Sheldon Kimber, the CEO of Intersect Power. Intersect is one of the largest developers and owners of utility-scale clean power and storage in America. Sheldon has a long history in this sector, so we brought in on to discuss where it's headed.The Interchange is brought to you by Hitachi ABB Power Grids. Are you building a renewable plant? Looking for a battery energy storage system? Thinking about how to integrate renewables to your grid? Hitachi ABB Power Grids is your choice. The Interchange is brought to you by LONGi Solar, the world's leading solar technology company. A global market leader, LONGi has unmatched bankability, quality and performance validated by third-party laboratories, and has breakthrough innovation at both the wafer and module level.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Glenn Jacobson is a Partner of Trilantic North America. Glenn is also a member of the Investment Committee of Fund VI North America and TEP II North America. His primary focus is on investments in the energy and energy transition sectors. Glenn is a member of Trilantic North America's ESG committee which helps to develop and implement the firm's ESG policies. Glenn joined Trilantic North America in 2009 at its inception, prior to which he was a Principal at Lehman Brothers Merchant Banking (LBMB). Glenn is currently a director of Intersect Power, Powin Energy, SemaConnect, DJR Energy and TRP Energy. He was previously a director of Indigo Natural Resources, M5 Midstream and MacLean Power Systems, among several others. Prior to joining LBMB in 2005, Glenn worked in Lehman Brothers' Global Natural Resources investment banking practice in New York where he focused on M&A and capital markets transactions in the energy sector. Glenn holds a B.A., cum laude, in Economics from Dartmouth College.