Navisun Secures $235 Million to Fuel Solar Projects’ Growth Updated On Tue, Mar 14th, 2023 by Saurenergy Manhattan-based solar energy player Navisun LLC has announced that it has secured up to $235 million in debt financing through two facilities. Navisun is a solar independent power producer that co-develops, acquires, owns, and operates distributed and small utility-scale solar and storage projects. Navisun said that the financing will support its growth strategy, allowing it […] Read more
Malaysia’s Gentari Marks Entry into Australia With Acquisition of Wirsol Energy Updated On Fri, Feb 17th, 2023 by Saurenergy Malaysian clean energy company Gentari has concluded the acquisition of Wirsol Energy and its assets from the Australia-based Wircon Group. Wirsol owns as well as operates projects in renewable energy and storage projects across New South Wales, Victoria and Queensland. The acquisition marks Gentari’s entry into Australia’s renewable energy market. Wirsol Energy’s portfolio entails 422 […] Read more
EnerVenue & Green Energy Renewable In 250 MWh Storage Deal Updated On Fri, Sep 23rd, 2022 by Saurenergy Green Energy Renewable Solutions and US-based renewable energy provider EnerVenue have established a master supply agreement. According to the agreement, Green Energy will purchase and implement EnerVenue’s storage solution for 250 MWh over the next three years. Houston-based Henrik Jensen and Jens Juul, who jointly own and run Nicon Industries A/S, a prominent producer of […] Read more
Longroad Energy To Invest $500 Million To Expand Renewable Energy Portfolio Updated On Wed, Aug 3rd, 2022 by Saurenergy Longroad Energy Holdings, a renewable energy developer and holding company based in the United States, has announced a $500 million equity investment by MEAG, an asset management arm for entities of Munich Re, to expand its 1.5 GW portfolio of owned assets to 8.5 GW of wind, solar, and storage projects over the next five […] Read more
Greece’s Mytilineos Acquires 1.48 GW Solar Portfolio, 21 Battery Storage Projects Updated On Fri, Feb 19th, 2021 by Saurenergy Greece-based industrial conglomerate – Mytilineos has announced it has completed the acquisition of a portfolio of 20 solar farms in progress with a total capacity of 1.48 GW, owned by Egnatia Group, as part of its strategic planning for a significant expansion in Renewable Energy Sources (RES), both in Greece and abroad. The entire portfolio […] Read more
EDFR Begins Commercial Operation of 150 MW Merricourt Wind Project Updated On Sat, Dec 26th, 2020 by Saurenergy EDF Renewables North America today announced that the 150 megawatts (MW) Merricourt Wind Project achieved commercial operation and has been turned over to Otter Tail Power Company, a subsidiary of Otter Tail Corporation. EDF Renewables developed and managed the construction process for Otter Tail Power under an Asset Purchase Agreement and turnkey Engineering, Procurement, and […] Read more
Apex Clean Energy Closes $200 Million Refinancing Updated On Sat, Dec 19th, 2020 by Saurenergy Apex Clean Energy today announced that it has secured a $200 million senior secured loan from a family office investor group led by ZOMA Capital and PLEXUS Solutions. Colorado-based ZOMA Capital invests in a range of market-based sustainable solutions addressing environmental and social challenges, and PLEXUS Solutions provides merchant banking services to sectors focused on […] Read more
Broad Reach Power Acquires Montana Wind and Solar Projects Updated On Sat, Dec 19th, 2020 by Saurenergy Broad Reach Power (“Broad Reach”), an independent power producer (IPP) based in Houston which owns a five-gigawatt portfolio of utility scale solar and energy storage power projects in Montana, California, Wyoming, Utah and Texas, announced today that it has acquired a 250-megawatt (MW) wind project and a 250-MW solar project, both located in Montana. “I am […] Read more
Dominion Energy Gets Approval for First Battery Storage Projects Updated On Wed, Feb 26th, 2020 by Saurenergy Dominion Energy Virginia has received approval from the State Corporation Commission to move forward with four battery storage pilot projects Dominion Energy Virginia has announced that it has received approval from the State Corporation Commission (SCC) of Virginia to move forward with four battery storage pilot projects to pave the way for additional energy storage […] Read more