Leyline Renewable Capital Funds RAI Energy’s Solar and Storage Ventures Updated On Wed, Jun 28th, 2023 by Saurenergy Leyline Renewable Capital, a provider of development loans for renewable energy projects, announced a project development loan for RAI Energy, a renewable energy developer. With the assistance of Leyline Development Capital, RAI Energy is set to advance multiple large utility-scale solar and solar-plus-storage projects within the WECC market over the next four years. Mohammed S. […] Read more
UK Allocates £4.3 Mn Funding to Advance Space-Based Solar Power Updated On Tue, Jun 13th, 2023 by Saurenergy The UK government has allocated £4.3 million in funding to universities and tech companies to drive the development of space-based solar power. While the concept of commercial power stations in space may seem futuristic, the space industry has long been at the forefront of solar power advancements. As part of the government’s space-based solar power […] Read more
AES Corporation Acquires USA’s Largest Permitted Solar Plus Storage Project of 2 GW Updated On Thu, Jun 8th, 2023 by Saurenergy The Bellefield project, which is the largest permitted solar project with storage in the USA, has been sold to The AES Corporation by Avantus. The Bellefield project established in Kern County, California, boasts of a cumulative 1 GW of solar and up to 1 GW of energy storage across two phases. A Power Purchase Agreement […] Read more
Indonesia, India & China Account for Almost 70% of Demand for Floating PV in ’22: WoodMac Updated On Thu, Jun 1st, 2023 by Saurenergy A report released by Wood Mackenzie says that the global floating solar market is set to top 6 GW threshold by 2031. In a significant finding, the report adds that 15 countries are estimated to cross 500 MW of cumulative floating PV installations by 2031. These include China, India, Indonesia, South Korea, Vietnam in the […] Read more
Canadian Solar To Deliver 363 MWh Energy Storage To Aypa Power Updated On Wed, May 17th, 2023 by Saurenergy Global renewable energy major Canadian Solar has announced that CSI Energy Storage, which is part of its majority-owned subsidiary CSI Solar Co. Ltd., will deliver 363 MWh of battery energy products to an Aypa Power project in Texas. Canadian Solar said in its official statement that the project is expected to reach commercial operation by […] Read more
Terafab From Terabase: ‘A Solar Factory to Build Many Solar Factories’ Updated On Fri, May 12th, 2023 by Saurenergy Californian based solar power plants’ solutions provider Terabase Energy has come up with a novel technology which is virtually a ‘factory that builds solar factories.’ It has launched Terafab which the world’s first automated & digital field factory for solar power plant construction. The Terabase technology transforms solar power plant construction with a modern factory […] Read more
Pivot Energy Secures $200 Million For 100 MW Distributed Solar Updated On Tue, May 9th, 2023 by Saurenergy American solar power and energy storage developer Pivot Energy has closed a $203 million financing facility to support a multi-state portfolio of distributed generation solar projects. Pivot Energy said that Silicon Valley Bank (SVB) and Foss & Company will make the initial tax equity investment. The 100 MWdc portfolio comprises 35 community solar and C&I […] Read more
Invenergy, Others Ready 104 MW New York Wind Farm Updated On Mon, May 8th, 2023 by Saurenergy Renewable energy developer Invenergy and Clean Path NY partners, energyRe and the New York Power Authority (NYPA), have completed a 103.9-MW Number Three Wind Energy Center marking the first Clean Path NY renewable generation asset to reach operation. The wind farm has been developed and constructed by Invenergy. Its one of more than 20 new […] Read more
Hitachi, Quanta Bag EPC Contract for 3.5 GW SunZia Project Updated On Fri, May 5th, 2023 by Saurenergy Renewable energy players Quanta Services and Hitachi Energy have been selected by Pattern Energy Group, a firm that delves into renewable energy and transmission infrastructure, to build its SunZia transmission and wind project. This is the largest renewable project of the USA being built with $8 billion of direct capital investment. Pattern Energy held that […] Read more
