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The Tech Capital Avangrid executes PPA with Microsoft for 140MW Washington solar project

Iberdrola Group subsidiary Avangrid has announced the signing of a Power Purchase Agreement (PPA) with Microsoft (NASDAQ: MSFT) for the 140 Megawatt-dc (100 MWac) Bluebird Solar project in Klickitat County, Washington. With the addition of Bluebird, Avangrid and Microsoft now have more than 500MW of energy capacity under contract in the US. The project is expected to achiev...

June 02

The Tech Capital Anthropic files confidential IPO prospectus

Market-leading AI company Anthropic has filed its confidential Form S-1, otherwise known as an IPO Prospectus, the company said on Monday. The development follows the public release of SpaceX's S-1 in May, as well as reports that OpenAI is also preparing an IPO prospectus. If the three companies all list at their current valuations, it would obliterate previous annual re...

June 02

The Tech Capital LG Energy Solution, DTE Energy signs $1.6 billion battery storage deal

South Korean battery maker LG Energy Solution has signed a US$1.6 billion agreement to supply battery energy storage systems to DTE Energy in Michigan. The deal covers eight grid-scale projects in the state, including storage linked to Oracle’s data centre in Saline Township. The systems will be delivered over two years and will provide 1.5GW, or 6GWh, of battery storage ...

June 02

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