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
KKR Purchases $550 Million Loan Of SunPower Updated On Thu, May 4th, 2023 by Saurenergy North American residential solar technology and energy services provider SunPower and global investment firm KKR have signed a definitive agreement under which credit funds and accounts managed by KKR will commit to purchasing $550 million of solar energy loans made to SunPower customers. This transaction is expected to support SunPower Financial’s continued ability to offer […] Read more
BayWa r.e. Raises $115 Million Afresh For Solar+Storage Projects Updated On Wed, May 3rd, 2023 by Saurenergy North American solar developer BayWa r.e. has secured a $115-million credit facility with global financial services firm Nomura to support the development of utility-scale solar and solar+storage projects in the United States. BayWa r.e. said that the credit facility will initially support projects totaling 1.1 GW of solar and 188 MWh of battery storage in […] Read more
Avangrid Joins Forces with Navajo Tribal Utility Authority for 1 GW of Clean Energy Projects Updated On Wed, Apr 19th, 2023 by Saurenergy American clean energy firm Avangrid and the Navajo Tribal Utility Authority (NTUA) have entered into an agreement for the development of up to 1 GW of clean energy in the US. The projects in green energy are to be set up in the Navajo Nation in New Mexico and Arizona. NTUA claims to be the […] Read more
Google Looks at Powering Data Centres with Wind Energy in Belgium, Netherlands Updated On Mon, Apr 17th, 2023 by Saurenergy Tech giant Google has firmly set its sights on curbing carbon footprints and powering its date centres with renewable energy. To turn these goals into reality, Google has been on a PPA-signing spree with renewable energy firms. In the most recent news, the American firm has revealed that it has signed two PPAs in Belgium […] Read more
Enel X Way Targets 2 Million EV Charging Ports in North America Updated On Fri, Apr 14th, 2023 by Saurenergy Enel X Way has plans to add at least two million EV charge ports in North America across home, commercial and public charging segments by 2030. This target includes over 10,000 DC public charging stations in support of the National Electric Vehicle Incentive (NEVI) program in US. Enel X Way is an e-mobility subsidiary of […] Read more
SunPower Secures $450 Million To Meet High Solar Loan Demand In US Updated On Fri, Apr 14th, 2023 by Saurenergy North American solar power giant SunPower has secured financing commitments of more than $450 million for its residential solar and storage loan program in the US from HASI and from Crédit Agricole CIB. The vehicle will acquire loans made to SunPower customers and is non-recourse to SunPower. Through this transaction, SunPower Financial will continue to […] Read more
Australian Govt Picks Eku Energy for Canberra’s 500 MWh Big Battery Project Updated On Thu, Apr 13th, 2023 by Saurenergy Eku Energy, which is the new global battery storage arm of Macquarie Group, has been picked by Australian Capital Territory government for Canberra’s Big Battery project. The Big Canberra Battery project is a large-scale storage facility in Williamsdale. Eku Energy will be responsible for building and operation of the project. The BESS project, pegged at […] Read more
Backed by Favourable Policies, US Welcomes Largest Community Solar Project Updated On Wed, Apr 12th, 2023 by Saurenergy The idea of solar in the USA is gathering momentum. The credit primarily goes to the Inflation Reduction Act, which has been insturmental in giving a fresh impetus to clean energy in the country. The landmark Act paves the path for provisions for tax credits for solar projects. Community Solar is also gaining traction rapidly […] Read more