Fluence Secures $125 Mn From QIA to Accelerate Energy Storage Technology Updated On Mon, Jan 4th, 2021 by Saurenergy QIA has committed to invest USD 125 million in Fluence, which intends to use the net proceeds to accelerate the development of its offerings Fluence, a leading global energy storage solutions provider, has announced that it has entered into a definitive agreement with the Qatar Investment Authority (QIA) pursuant to which QIA will commit to […] Read more
AES to Absorb Solar Develop sPower to Form 12 GW RE Platform Updated On Thu, Nov 19th, 2020 by Saurenergy The AES Corporation has announced an agreement with AIMCo to merge the sPower development platform, a leading independent solar developer in the US The AES Corporation has announced an agreement with Alberta Investment Management Corporation (AIMCo) to merge the sPower development platform, a leading independent solar developer in the US, with AES’ US-based clean energy […] Read more
AES Invests in 5B; Aims to Accelerate Transition to Solar Energy Updated On Thu, Jul 30th, 2020 by Saurenergy The AES Corporation has made a strategic investment of around USD 8.6 million in 5B, a solar technology innovator based in Sydney, Australia. The AES Corporation has announced that it has made a strategic investment of around USD 8.6 million in 5B, a solar technology innovator based in Sydney, Australia. 5B’s revolutionary MAVERICK design enables customers to […] Read more
US-based AES Corp Expands Footprint in Brazilian Renewable Sector Updated On Thu, Jul 30th, 2020 by Saurenergy The AES Corporation has agreed to acquire an 18.5% interest in AES Tietê and will own 42.85 percent of the shares in the Brazilian renewable company US-based energy company The AES Corporation has announced that its wholly-owned subsidiary, AES Brasil has agreed to acquire an 18.5 percent economic interest in AES Tietê from BNDES Participações. Under […] Read more
AES Issues RfP Seeking 1 GW of Carbon-Free Energy Projects Updated On Thu, Jun 25th, 2020 by Saurenergy AES has issued an RfP, seeking new and repowered carbon-free projects for its customers in the PJM area, inclusive of its strategic alliance with Google. AES has issued a Request for Proposals (RfP), seeking new and repowered carbon-free renewable energy projects for its customers in the PJM area, inclusive of AES’ strategic alliance with Google. […] Read more
AES Selected for 2 Solar Plus Storage Projects in Hawaii Updated On Tue, Jun 2nd, 2020 by Saurenergy AES Distributed Energy has been selected by HECO to develop and operate two new utility-scale solar plus storage facilities on O’ahu, Hawaii. AES Distributed Energy (AES DE), a division of the AES Corporation, has been selected by the Hawaiian Electric Company (HECO) to develop and operate two new utility-scale solar plus storage facilities on O’ahu, Hawaii. Combined, these two projects are expected to generate a total […] Read more
Siemens Gamesa Secures 312 MW Turbine Order in Brazil Updated On Thu, Apr 2nd, 2020 by Saurenergy Siemens Gamesa has secured its first order in Brazil for its next-generation 5.X platform, to supply 52 of its new turbines for the 312 MW Tucano wind farm. Siemens Gamesa Renewable Energy has announced that it has secured its first order in Brazil for its next-generation platform, the Siemens Gamesa 5.X. Following recent deals to […] Read more
AES Distributed Energy Secures $341 Million in Debt Financing Updated On Fri, Feb 21st, 2020 by Saurenergy AES Distributed Energy has entered into a USD 341 million debt agreement which provides new capital for a portfolio of distributed generation projects AES Distributed Energy (AES DE), a subsidiary of the AES Corporation (AES) and a leader in energy generation through solar PV and solar PV + battery energy storage systems (BESS), has announced […] Read more
Teck and AES Enter Renewable PPA to Power Copper Project Updated On Tue, Feb 4th, 2020 by Saurenergy Teck Resources and AES have announced that their Chilean affiliates have entered into a renewable PPA for the Quebrada Blanca Phase 2 copper project in Chile Teck Resources Limited and the AES Corporation have announced that their Chilean affiliates, Compañía Minera Teck Quebrada Blanca (CMTQB) and AES Gener, have entered into a long-term renewable power […] Read more