ATCO Acquires RE Portfolio Worth C$730 M From Suncor Energy Updated On Fri, Oct 7th, 2022 by Saurenergy Canadian Utilities Limited said that it has signed an agreement with Suncor Energy under which the utility firm will acquire a strong portfolio of wind and solar assets and projects located in Alberta and Ontario regions of Canada. The deal is achieved for a purchase price of C$730 million. Suncor is an Alberta based integrated […] Read more
Orb Energy Secures Follow-On Funding from US DFI Updated On Thu, Oct 6th, 2022 by Saurenergy Bangalore-based Orb Energy, a vertically integrated provider of solar energy solutions in India, announced today that it has received a $20 million USD follow-on loan from United States International Development Finance Corporation (DFC) to support its unique in-house financing facility for rooftop and ground mounted solar customers in India. Damian Miller, the CEO and Co-founder […] Read more
Fluence, TransnetBW To Build 250 MW Energy Storage System Updated On Thu, Oct 6th, 2022 by Saurenergy Fluence Energy GmbH and TransnetBW GmbH have announced that they would deploy the world’s largest battery-based energy storage-as-transmission project. The 250 MW Netzbooster battery-based energy storage system will be located at Kupferzell, a major grid hub in Germany. Fluence said that the project will improve energy security and significantly support Germany’s energy transition pathway by […] Read more
LevelTen Energy to Expand Asset Marketplace to Europe Updated On Thu, Oct 6th, 2022 by Saurenergy LevelTen Energy, a leading provider of renewable transaction infrastructure, today announced the European expansion of the LevelTen Asset Marketplace, an online platform for buying and selling renewable energy assets. European Reach Since launching in North America in 2021, nearly 250 unique developers have participated in Asset Marketplace RFPs, resulting in 11 closed deals and many […] Read more
Iron-Air Battery Maker Form Energy Secures $450 million for Energy Storage Technology Updated On Thu, Oct 6th, 2022 by Saurenergy In a fresh announcement, iron-air battery maker Form Energy, based in Massachusetts, United States has said that it has secured a $450 million Series E financing led by American investment firm TPG Rise. TPG Rise is making the investment through TPG Rise Climate, its dedicated climate investing strategy, and The Rise Fund, its longstanding, multi-sector […] Read more
DIF Announces Investment In Qair – 1GW Global Renewables Platform Updated On Thu, Oct 6th, 2022 by Saurenergy DIF Capital Partners (DIF) has announced that it will be investing in Qair through its Infrastructure VII fund. Qair is a French renewable energy platform. The objective of the investment is to step-up the growth and portfolio build out. Last week, DIF had also announced an investment into 5 renewable projects in Australia and Europe. […] Read more
European PPA Prices Double Y-o-Y Since Energy Crisis: Pexapark Updated On Thu, Oct 6th, 2022 by Saurenergy Swiss firm Pexapark, which provides software and advisory services for post-subsidy renewable energy sales and risk management, has released a report entitled “Reflections on an ‘uprecedented’ year”. The study offers a comprehensive view on how the global energy crisis, that has led to an unprecedented period of market turmoil, has affected renewable energy trading and […] Read more
Tree Energy Solutions, Fortescue Future Industries Team Up for World’s Largest Green Hydrogen Project Updated On Thu, Oct 6th, 2022 by Saurenergy Fortescue Future Industries (FFI) and Tree Energy Solutions (TES) have agreed to develop the world’s largest green hydrogen integrated project to help Europe mitigate its current energy and climate crisis in order to bring green molecules to Europe. Green hydrogen is a zero-carbon fuel, that when used produces nothing but primarily water. It is a practical […] Read more
European Commission Funds €134 Million to Germany’s BASF for Renewable Hydrogen Updated On Thu, Oct 6th, 2022 by Saurenergy The European Commission has announced the approval of a €134 million to support Germany’s BASF SE for the production of renewable hydrogen, with the aim of decarbonising its chemical production processes and of promoting hydrogen use in the transport sector. EC said that the measure contributes to the achievement of the EU Hydrogen Strategy and […] Read more
