• Dirty Coal Plant

    Trump is forcing this dirty, costly coal plant to stay open

    The administration blocked an electricity plant in Michigan from closing, overturning a plan by a utility and local officials.

    June 1, 2025

    By Evan Halper and Jake Spring

    An emergency order last month from Washington rattled Michigan regulators: The Trump administration reversed the state’s plan to retire an aging power plant, forcing it to remain open and continue burning coal.

    Michigan and the plant’s operator have mounds of evidence that closing the 63-year-old J.H. Campbell plant on the eastern shore of Lake Michigan won’t create a shortage of electricity. But the Trump administration adopted a different view, claiming the Midwest is overly dependent on intermittent wind and solar power. Energy Secretary Chris Wright exercised rarely used federal authority to block the closure, which had been scheduled for May 31. His order requires the plant to continue operating for three more months — and possibly longer.

    The move will collectively increase electric bills for ratepayers in the Midwest by tens of millions of dollars, according to Michigan officials. More broadly, it was seen as an opening salvo in President Donald Trump’s effort to reverse America’s transition to clean energy and restore the nation’s dependence on burning fossil fuels. The administration’s strategy includes using federal power to overturn the plans of local utilities and regulators.

    READ THE REST OF THE ARTICLE AT THE WASHINGTON POST

  • Stock Transmission Lines

    This year's first major heat wave is here. How will the ERCOT power grid hold up?

    By Claire Hao

    May 13, 2025

    The Texas power grid is expected to sail through the first major heat wave of the year without issue, largely thanks to its diverse and growing mix of power plants and renewable energy.

    That’s an observation energy professionals closely following the Texas Legislature made with some irony, as state lawmakers have proposed numerous billsto constrain the very same renewable energy that's expected to help keep the power grid afloat this week.

    "If there is not a crisis (this week), it's in part because of these resources that right now get considered to be not important or not having very much value,” said Aaron Zubaty, CEO of Eolian, a California-based company with battery storage projects in Texas.

    An early Texas heat wave

    Electricity demand increases during hot weather as Texans tend to crank up the air-conditioning when the heat arrives. And this week, extreme heat is expected to arrive unseasonably early: Temperatures are forecast in the mid-to-high 90s for the Houston area, while San Antonio and Austin could eclipse 100 degrees. 

    READ MORE AT THE HOUSTON CHRONICLE

  • BESS

    Amid tariff uncertainty, US grid battery industry faces an uphill climb

    Domestic battery manufacturing and deployments have been growing fast — but Trump’s tariff wars and looming budget cuts threaten to derail progress.

    By Jeff St. John

    13 May 2025

    Companies making and deploying lithium-ion batteries in the U.S. recently gathered in Washington, D.C., to ask the federal government for the policy support they say they need. Their request came alongside a big promise: to cumulatively spend $100 billion by 2030 to build a self-sufficient, all-American grid battery industry.

    “Within five years, and with $100 billion in investment, we can satisfy 100% of U.S. demand for battery storage,” said Jason Grumet, CEO of the American Clean Power Association, a trade group.

    “This is unquestionably an ambitious commitment, but it is absolutely achievable if the private and public sectors work together,” he said. The $100 billion promise represents a major increase in the $10 billion to $15 billion that the American Clean Power Association estimates was invested in U.S. grid battery manufacturing and deployment last year.

    As recently as a few months ago, industry analysts largely agreed that a domestic ramp-up on the scale of what Grumet proposes was at least possible, if not inevitable. Lucrative federal tax credits for companies that build and deploy clean energy technology within the nation’s borders have helped close the price gap between U.S.-made batteries and those made in China, the world’s main supplier of lithium-ion battery modules, cells, and materials.

    READ MORE AT CANARY MEDIA

  • Stock Photo

    Anti-renewables bill adds more risk for Texas grid, ERCOT boss says

    GOP-led measure that passed the Senate this week could put needed solar and wind power at risk.

    By Sara DiNatale
    May 9, 2025

    Republican-led legislation that barreled through the state Senate has the solar and wind industries tied in knots — and the Texas grid boss can see why. 

    During a discussion with reporters this week, Electric Reliability Council of Texas CEO Pablo Vegas said bills that call for costly back-up power requirements on renewables could push them out of the market and slow new development.

    “It could cause certain resources not to be able to operate,” Vegas said. “That’s a risk.” 
    Senate Bill 715, which was approved Thursday by the Senate, could put a massive strain on wind and solar farms at a time the grid is facing an unprecedented demand spike, largely from data centers and AI computing firms flocking to Texas. 

    The legislation is the latest layer resulting from fundamental discrepancies between GOP lawmakers and energy experts over the role of renewables in Texas. Under the proposed law, solar and wind farms would have to pay gas-fired power plants or battery systems to “firm” up their power supply when the sun isn’t shining or the wind isn’t blowing. 

    READ THE REST OF THE STORY AT SAN ANTONIO EXPRESS-NEWS

  • Storage Surge: Key to Expand Both Transmission and Generation

    Storage Surge: Key to Expand Both Transmission and Generation

    Aaron Zubaty recently spoke at the U.S. Chamber of Commerce in Washington DC during Real Clear's Energy Future Forum, and explained that building battery storage at grid-critical locations in the U.S. can unlock 30-50 GW of untapped spare transmission capacity, making more effective use of the infrastructure we already have built and paid for, and boosting efficiency of power plant operations without waiting for new generation. The first step of exercising energy dominance should be better use of what we have already built, and not letting outdated regulatory models stand in the way any longer.

    Watch more here: https://www.youtube.com/live/79muWat5G8w?t=24324s

Eolian in the News

Send all media inquiries to: media@eolianenergy.com

IN THE NEWS Stephanie Seiferth IN THE NEWS Stephanie Seiferth

A utility promised to stop burning coal. Then Google and Meta came to town.

The Omaha Public Power District ruled in April that the developer, Eolian, could not connect to the grid batteries it plans to install on an industrial lot near Omaha’s coal-fired plant. The power company said private companies are prohibited from hooking up such projects because Nebraska is a “public power” state where infrastructure must be community owned.

Eolian officials, after working on their plan for six years, say they were blindsided by the decision. They argue Nebraska law has specific exemptions allowing the purchase of clean energy from private firms.

“Given the large and growing data center footprint in Omaha, it is confounding that the local utility would intentionally impede the addition of multi-hour battery energy storage resources,” said Eolian CEO Aaron Zubaty. The utility said in a statement that the exceptions are limited and do not allow for “a privately owned, stand-alone battery storage facility.” Eolian and the utility will now make their case to the Nebraska Power Review Board, which has authority to approve the project.

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IN THE NEWS Stephanie Seiferth IN THE NEWS Stephanie Seiferth

As Texas embraces battery energy storage, Hill Country residents push back — ‘Not in our backyard’

MASON — Christopher Dyer says his noisy neighbor moved in without warning. 

No one knocked at the door of his home about 40 miles northwest of Fredericksburg to ask how he’d feel about living next to a battery energy storage site. Instead, he got an earful of construction noise. That was soon replaced by the sound of air conditioners whirring to keep the batteries cool and the hum of electricity at the facility, which is about 60 feet from his property.

He installed waterfall fountains in his backyard to drown out the racket and the city of Mason built a 10-foot fence around the site. It wasn’t enough, Dyer said. He and his wife, Catherine, don’t even try entertaining on their patio anymore. 

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IN THE NEWS Stephanie Seiferth IN THE NEWS Stephanie Seiferth

'Football fields' of batteries have helped Texas's grid when electricity demand is highest

FORT WORTH, Texas — Curious cattle lowed at the herd of people examining rows of shipping containers about thirty yards away on an overcast May morning.

A heavy-duty fence surrounds the inconspicuous gray boxes. Air conditioners cooling their precious cargo emit a gentle hum.

The property borders ranchland and an asphalt maker, all about three miles south of Hicks Airfield in Fort Worth. Electricity transmission lines cast a long shadow over the industrial site.

"A lot of people saw, like us, the opportunity to fill a need," Stephanie Smith said, walking the gravel path between the boxes.

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PRESS RELEASE Stephanie Seiferth PRESS RELEASE Stephanie Seiferth

Eolian and Group of Global Banks Announce Closing of $390 Million Renewable Energy Financing

BURLINGAME, Calif., July 30, 2024 /PRNewswire/ -- Eolian, L.P. ("Eolian"), a portfolio company of Global Infrastructure Partners ("GIP"), together with Santander Corporate & Investment Bank, MUFG, National Australia Bank, Natixis, Lloyds Bank, and SMBC, today announced the closing of a $315 million renewable energy green loan and $75 million revolving credit facility, building on a $515 million green loan closed in June 2023 with the same group of global banking institutions.  This financing is secured by a diverse group of eligible green project assets created by Eolian and is aligned with the four pillars of the Green Loan Principles, jointly published by the Asia Pacific Loan Market Association (APLMA), the Loan Market Association (LMA) and the Loan Syndications and Trading Association (LSTA) in February 2023.

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IN THE NEWS Stephanie Seiferth IN THE NEWS Stephanie Seiferth

SRP and Aypa Power Announce New Battery Storage System to Help Meet Growing Energy Demand

Salt River Project (SRP) and Aypa Power have entered into an agreement to provide 250 megawatts (MW) / 1,000 megawatt-hours (MWh) of new energy storage to the Arizona grid. 

The Signal Butte energy storage project will be a 250 MW, four-hour battery energy storage system located in the Elliot Road Technology Corridor in Mesa, AZ. The project will utilize lithium-ion technology and will have the capacity to power over 50,000 average-sized residential homes over a four-hour period. The project is scheduled to be operational by mid-year 2026. 

“SRP is proud of our continued efforts to deploy battery storage, which will help us maximize use of renewable resources and decarbonize our portfolio in the coming years,” said Bobby Olsen, SRP Associate General Manager and Chief Planning, Strategy and Sustainability Executive. “The Signal Butte project will also help us meet the growing capacity needs of the Phoenix metropolitan area.” 

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IN THE NEWS Stephanie Seiferth IN THE NEWS Stephanie Seiferth

AI is exhausting the power grid. Tech firms are seeking a miracle solution.

The mighty Columbia River has helped power the American West with hydroelectricity since the days of FDR’s New Deal. But the artificial intelligence revolution will demand more. Much more.

So near the river’s banks in central Washington, Microsoft is betting on an effort to generate power from atomic fusion — the collision of atoms that powers the sun — a breakthrough that has eluded scientists for the past century. Physicists predict it will elude Microsoft, too.

The tech giant and its partners say they expect to harness fusion by 2028, an audacious claim that bolsters their promises to transition to green energy but distracts from current reality. In fact, the voracious electricity consumption of artificial intelligence is driving an expansion of fossil fuel use — including delaying the retirement of some coal-fired plants.

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PRESS RELEASE Stephanie Seiferth PRESS RELEASE Stephanie Seiferth

Eolian Announces Closing Of $515 Million Green Loan

BURLINGAME, Calif., June 6, 2023 /PRNewswire/ -- Eolian, L.P. ("Eolian"), a portfolio company of Global Infrastructure Partners ("GIP"), together with Banco Santander, MUFG, National Australia Bank, Natixis Corporate & Investment Banking, and SMBC, today announced the closing of a $515 million renewable energy green loan. This financing is secured by a diverse group of eligible green projects developed by Eolian over the past 20 years and is aligned with the four pillars of the Green Loan Principles, jointly published by the Asia Pacific Loan Market Association (APLMA), the Loan Market Association (LMA) and the Loan Syndications and Trading Association (LSTA) in February 2023.

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IN THE NEWS Stephanie Seiferth IN THE NEWS Stephanie Seiferth

PGE bolsters reliability of clean energy transition with region's largest battery storage addition

Two new local projects will add 400 megawatts of non-emitting capacity, helping PGE integrate more clean energy into its portfolio

PORTLAND, Ore., April 28, 2023 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) today announced the procurement of 400 megawatts (MWAC) of new battery storage projects – a critical tool in Oregon's clean energy transition and the largest single procurement of standalone energy storage to date by a utility in the U.S. outside the state of California. These projects, located at substations close to electrical demand, will store enough electricity to power all PGE customer homes in a city the size of Portland for an entire evening on battery-delivered energy alone

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IN THE NEWS Stephanie Seiferth IN THE NEWS Stephanie Seiferth

PGE announces major clean energy storage project in Portland

BY ISABELLA O MALLEY

Published 7:15 AM MDT, April 28, 2023
Portland General Electric, the utility serving Portland, Oregon, announced Friday it is putting in the second-largest battery storage installation in the United States, at 400 MW of power. The significance of such projects is they diminish the need for power plants that burn fossil fuels that warm the planet.

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IN THE NEWS Stephanie Seiferth IN THE NEWS Stephanie Seiferth

$327 million financial close for Driver Solar

Lightsource bp closes financing and mobilizes construction on largest solar project in Arkansas under agreement with Entergy Arkansas

  • Build-transfer agreement with Entergy Arkansas for the 313-megawatt dc solar project facilitated financing

  • At end of construction and start of commercial operation, Entergy Arkansas will assume facility ownership and operations

  • Project to create up to 400 construction jobs, utilizing the local workforce and subcontractors

Lightsource bp has successfully closed on a $327 million financing package and mobilized construction on the 313 megawatt dc (250 megawatt ac) Driver Solar project located near Osceola in Mississippi County, Arkansas. Lightsource bp completed development, permitted and financed the project and will construct the facility under a build-transfer agreement with Entergy Arkansas announced last year. Upon completion, at 313 MW Driver Solar will be the largest solar farm in Entergy Arkansas’ portfolio as well as the largest in the state of Arkansas, generating enough energy to power more than 50,000 homes.

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IN THE NEWS Stephanie Seiferth IN THE NEWS Stephanie Seiferth

Wärtsilä and Eolian complete 200 MW standalone energy storage facility in Texas, the largest merchant battery system in the world

Wärtsilä Corporation, Trade press release 27 March 2023 at 11:00 UTC+2

Madero and Ignacio energy storage facility will provide Texas’ ERCOT grid with needed flexibility amidst growing energy demand and extreme weather events. ©Eolian

The facility is also first-of-its-kind financed with the Investment Tax Credit to provide critically needed dispatchable resource to meet urgent and growing demand for flexibility in Texas power market

The technology group Wärtsilä has reached commercial operation date (COD) for two major interconnected energy storage systems in South Texas totaling 200 MW and owned by Eolian L.P. (Eolian), a portfolio company of Global Infrastructure Partners. The Madero and Ignacio energy storage plants will be operated using Eolian software, enabling full participation in the Electric Reliability Council of Texas (ERCOT) market. This will add much needed year-round reliable operational ramping capacity to the system. The order for Wärtsilä was booked in February 2021.

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PRESS RELEASE Stephanie Seiferth PRESS RELEASE Stephanie Seiferth

Eolian Closes First-Of-Its-Kind Standalone Battery Energy Storage Tax Equity Financing

BURLINGAME, Calif., Feb. 13, 2023 /PRNewswire/ -- Eolian, L.P., a portfolio company of Global Infrastructure Partners, has successfully closed the first-of-its-kind tax equity investment in two standalone utility-scale battery storage projects located in Mission, Texas. This pioneering financing is the first use of the Investment Tax Credit (ITC) structure by a standalone utility-scale battery energy storage system and is possible due to passage of the Inflation Reduction Act of 2022. Tax equity investment in the projects was provided by a fund managed by Churchill Stateside Group, LLC.

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