Intersect Power

Intersect Power

Develops, constructs, operates solar energy infrastructure

Overview

Intersect Power develops, finances, builds, and runs large-scale solar and other clean energy projects. Its main business is generating electricity and selling it to customers—businesses, utilities, and government entities—through structured agreements called offtakes that lock in a set price. The company works across retail and wholesale energy markets and operates with a remote, distributed team across the U.S. and Canada. Its solar plants and other clean energy infrastructure are designed to cut carbon emissions and help decarbonize the economy by bringing renewable power into everyday use. Intersect Power differentiates itself by focusing on big, long-lasting clean energy projects that integrate into the broader energy system and by pursuing deep decarbonization through stable, scalable energy solutions rather than small, one-off installations. Its goal is to expand the role of clean electricity in the economy and reduce carbon emissions on a large scale.

Significant Headcount Growth

About Intersect Power

Simplify's Rating
Why Intersect Power is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Industrial & Manufacturing

Energy

Company Size

201-500

Company Stage

Acquired

Total Funding

$8.5B

Headquarters

Beaverton, Oregon

Founded

2016

Simplify Jobs

Simplify's Take

What believers are saying

  • Alphabet acquires Intersect for $4.75B, securing $20B renewables investment.
  • Plans 4 GW solar and Texas Panhandle energy park next year.
  • Google anchors co-located data centers with 840 MW Meitner project.

What critics are saying

  • Alphabet acquisition strips independent control over development pipeline.
  • IPX Power spin-off dilutes utility-scale expertise in 6-12 months.
  • Powin undercuts 8 GWh storage with faster Centauri platforms.

What makes Intersect Power unique

  • Intersect Power develops co-located solar-plus-storage for data centers.
  • Company owns 2.4 GWh battery storage, adding 10 GWh in 2025.
  • Named Fast Company's 2025 Most Innovative for grid stability.

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Funding

Total Funding

$8.5B

Above

Industry Average

Funded Over

7 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

Unlimited Paid Time Off

Paid Vacation

Parental Leave

Mental Health Support

Family Planning Benefits

Phone/Internet Stipend

Home Office Stipend

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

11%

2 year growth

9%
pv magazine USA
Apr 13th, 2026
People on the move: ECA Solar, Powin, form energy and more.

People on the move: ECA Solar, Powin, form energy and more. Job moves in solar, storage, cleantech, utilities and energy transition finance. Image: pv magazine / Churchill Living The Solar Energy Industries Association (SEIA) announced the addition of ECA Solar, a leading distributed generation developer, to its board of directors. The board addition comes as several states, including Virginia, Illinois, Massachusetts, New Jersey and Maryland, among others, have advanced legislation to deploy more distributed solar to keep energy prices down for Americans. "We are proud to join forces with the premier association for solar and storage in America," said CEO and Founder Todd Fryatt, ECA Solar. "Last year, cumulative installed solar capacity in the United States reached 279,000 Megawatts, and SEIA is a driving force behind all these energy infrastructure projects. The nation's energy independence and dominance is now directly tied to the United States having thriving storage and solar industries." Americans for a Clean Energy Grid (ACEG), a leading non-profit advocacy coalition focused on transmission expansion, announced that Christina Hayes will conclude her service as Executive Director effective later this month. Under her leadership, ACEG became a pivotal force in federal transmission reform and FERC-level policy; the board has launched a national search for a successor to lead the organization as it enters a critical phase of implementation for regional grid planning and the "Connect the Grid Act." Powin, a global provider in battery energy storage platform solutions, announced the appointment of James Marshall as Senior Vice President of Global Supply Chain. A veteran of the semiconductor and high-tech manufacturing industries, Marshall is tasked with optimizing Powin's international LFP cell procurement and logistics to support the rapid scaling of its Centauri and Stack hardware platforms across North America and Europe. Intersect Power, a developer and owner-operator of utility-scale clean energy projects, announced the appointment of Sarah Devine to its Board of Directors. A expert in international project finance with a background at top-tier law firms, Devine joins the board as Intersect Power accelerates its pivot toward complex hybrid assets, including co-located green hydrogen production and large-scale solar-plus-storage installations. Form Energy, a developer and manufacturer of multi-day iron-air battery systems, announced that Arumugam Manthiram has joined the company as a Technical Fellow and Advisor, effective April 9, 2026. A world-renowned battery chemist and longtime collaborator of Nobel laureate John Goodenough, Manthiram joins the team as the company ramps up production at "Form Factory 1" in West Virginia to provide technical oversight on the long-duration storage chemistry that will stabilize the grid. The #1 trusted provider of fully-furnished apartments nationwide, Churchill Living delivers tailored workforce housing solutions for renewable energy projects with an expansive inventory and award-winning customer service. Job of the week: NABCEP PV Design Specialist WSB - Littleton, MA Forge ahead with WSB. We seek a NABCEP PV Design Specialist who will be responsible for developing comprehensive electrical and mechanical designs for commercial, industrial, and utility-scale solar photovoltaic (PV) systems. This role supports the preconstruction phase by producing accurate, code-compliant designs and documentation. The specialist collaborates closely with electrical engineers and solar analysts to ensure the delivery of efficient, high performing system design, construction phase by producing accurate, code-compliant designs and documentation. Our office is located in Littleton, MA. What You Will Do: * Develop complete PV system designs, including mechanical layouts for mounting structures and detailed electrical system configurations (modules, inverters, wiring, etc.). * Conduct site assessments and evaluate shading, orientation, and racking opportunities to support system layout decisions. * Prepare construction-ready design documentation, including electrical schematics, single-line diagrams, mechanical layouts, and site plans. * Ensure all designs comply with applicable local, state, and federal codes, including the National Electrical Code (NEC). * Utilize modeling and simulation software to optimize design performance and system efficiency. * Support permitting processes by preparing and submitting required design packages and responding to jurisdictional inquiries. * Collaborate with project managers, engineers, and analysts during project development and design refinement. What You Will Bring: * A NABCEP PV Design Specialist (PVDS) Board Certification. * Or a Bachelor's degree in Electrical Engineering, Renewable Energy, Engineering Technology, or related field; or equivalent technical training and experience. * 2+ years of experience designing industrial, or utility-scale solar PV systems. * Familiarity with the pre-construction phases of PV project development, including design, assessment, and permitting. * NABCEP PV Design Specialist (PVDS) Certification required. * Proficiency with AutoCAD (or similar CAD platforms). * Proficiency with power system design and modeling software (e.g., Etap, CYMCAP, WinGIS, PSCAD, PSS/E, CDEGS). * Strong understanding of electrical engineering fundamentals and design tools. * Work is primarily performed in an office environment with standard office equipment. * Occasional travel or field visits may be required to support project needs or stakeholder collaboration. This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: [email protected]. The pv magazine editorial team includes specialists in equipment supply, manufacturing, policy, markets, balance of systems, and EPC. Your email address will not be published. Required fields are marked * By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment. Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so. You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled. Further information on data privacy can be found in our Data Protection Policy. pv magazine USA offers daily updates of the latest photovoltaics news. We also offer comprehensive global coverage of the most important solar markets worldwide. Select one or more editions for targeted, up to date information delivered straight to your inbox. * Hold Ctrl or Cmd to select multiple editions. * Read our Data Protection Policy.

Insider Monkey
Jan 8th, 2026
Alphabet (GOOGL) Strengthens Data Center and Renewable Power Push Amid Analyst Price Target Upgrade

Alphabet (GOOGL) strengthens data center and renewable power push amid analyst price target upgrade. Published on january 8, 2026 at 10:09 am by abdul rahman in news. Alphabet Inc. (NASDAQ:GOOGL) is one of the must-buy AI stocks to invest in. On December 22, 2025, Alphabet Inc. (NASDAQ:GOOGL) announced a definitive agreement to acquire Intersect Power, a clean energy developer specializing in data center and energy infrastructure solutions. The deal is valued at $4.75 billion in cash; Alphabet will also assume Intersect's existing debt. This acquisition builds on an existing partnership. In December 2024, Google, along with TPG Rise Climate, led an over $800 million funding round in Intersect. As a result, Google, whose parent company is Alphabet, secured a minority stake in Intersect. The two companies are also collaborating on developing gigawatts of co-located data center capacity with plans for up to $20 billion in renewable power investments by the end of the decade. The transaction includes Intersect's development team, platform, and multiple gigawatts of energy and data center projects. These projects are currently in development or under construction, and many are already tied to Google's needs. One notable ongoing joint project involves a co-located data center and power site under construction in Haskell County, Texas. But excluded from the deal are Intersect's existing operating assets in Texas and all operating and in-development assets in California. In a different update, Wedbush increased its price target on Alphabet shares to $350 from $320, while maintaining an Outperform rating. This adjustment came as part of a broader look at the consumer internet sector following a strong performance in 2025. According to Wedbush, consumer internet companies posted solid gains throughout 2025. The 24 companies Wedbush covers averaged 23% returns, outperforming the NASDAQ's 19% gain. Alphabet Inc. (NASDAQ:GOOGL) is the parent company of Google. The company integrates AI across its core businesses including Google Search, YouTube, and Google Cloud. Its DeepMind subsidiary has pioneered breakthroughs in generative AI and reinforcement learning, while its Gemini AI models power advanced applications in productivity, search, and enterprise solutions. While we acknowledge the potential of Alphabet Inc. (NASDAQ:GOOGL) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GOOGL and that has 100x upside potential, check out our report about the cheapest AI stock. Disclosure: None. This article is originally published at Insider Monkey.

Intersect
Dec 23rd, 2025
Intersect Forms Strategic Partnership With Google and TPG Rise…

Intersect announced today a strategic partnership with Google and TPG Rise Climate to provide scaled renewable power and storage solutions to new data…

TechCrunch
Dec 22nd, 2025
Alphabet to buy Intersect Power to bypass energy grid bottlenecks | TechCrunch

Alphabet is set to pay $4.75 billion in cash, plus debt, for the data center and clean energy developer.

World Energy Council
Jul 1st, 2025
Intersect Power Secures $750M for Renewables

Intersect Power has secured $750 million to expand its renewables, energy storage, and green hydrogen projects beyond 8GW. The investment, led by TPG Rise Climate, will help Intersect enter new markets and technologies, including 1GW of green hydrogen production. The funding will also triple its mid-to-late stage portfolio to 8.5GWp of renewables and 8GWh of storage. This follows a $2.6 billion financing in 2021 for solar and storage projects in California and Texas.

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