US Clean Energy Firms To Develop 200 MW New York RE Project Updated On Mon, Apr 8th, 2024 by Saurenergy Transatlantic clean energy firm Alternus Clean Energy and Acadia Energy have come together for a joint venture to develop 200 megawatts (MW) of Sustainability Hub microgrid projects in New York State. According to a media statement by Alternus Clean Energy, over the next 2-3 years, the joint venture will concentrate on both developing and managing […] Read more
Recurrent Energy Secures €110 Million Green Loan Facility From International Banks Updated On Thu, Apr 4th, 2024 by Saurenergy Recurrent Energy, a subsidiary of Canadian Solar Inc. and owner of solar and energy storage assets, today announced that it has secured a multi-currency facility of up to (€110 million) $120 million from a group of international banks led by Investec Bank Plc. According to Recurrent Energy, the facility consists of a €55 million term […] Read more
LG Energy, GM’s Sec. Ultium Cells Plant Begin Production In Tennessee Updated On Tue, Apr 2nd, 2024 by Saurenergy Ultium Cells, a joint venture of South Korean-based LG Energy Solution and General Motors (GM), recently announced more than $2.3 billion in investment. This investment is undertaken to build its second battery cell manufacturing plant in the United States (US) in Spring Hill, Tennessee. Ultium Cells plans to build the new plant on land leased […] Read more
RE Company Sonnedix Signs EPC Pact With Spanish Firm Eiffage Energia Sistemas Updated On Mon, Apr 1st, 2024 by Saurenergy Renewable energy producer Sonnedix has signed its first Engineering Procurement Construction (EPC) Framework Agreement with Eiffage, one of Europe’s construction and concession companies, through its Spanish brand, Eiffage Energia Sistemas. Under the Framework Agreement, construction activities for Sonnedix’s pipeline of projects in Spain, Italy, and Portugal will be delivered under standardised general terms and conditions, […] Read more
IOCL, Panasonic Energy Form JV For EV Batteries Updated On Mon, Apr 1st, 2024 by Saurenergy Indian Oil Corporation Limited and Panasonic Energy, a Panasonic Group Company, have signed a binding term sheet to draw a framework for the formation of a JV for manufacturing cylindrical lithium-ion cells in India in anticipation of expanding demand for batteries for two and three-wheel vehicles and energy storage systems in the Indian market, the […] Read more
Austria Development Bank Invests In RE Firm AMPIN Energy Updated On Sat, Mar 30th, 2024 by Saurenergy Renewable energy transition company AMPIN Energy Transition has announced an investment from OeEB, the Development Bank of Austria. OeEB will be investing EUR 25 million in long-term financing to support AMPIN Energy Transition in further expanding its renewable energy portfolio and establishing a local 1GW solar cell and module production facility in the state of […] Read more
Leeward Renewable Energy Secures 400 MW Solar Projects From Microsoft In Texas Updated On Thu, Mar 28th, 2024 by Saurenergy US-based renewable energy company, Leeward Renewable Energy has announced that it has entered into two 200-megawatt (MW) Power Purchase Agreements (PPA) with Microsoft Corp. Through these PPAs, Microsoft will purchase the power generated from two 200-MW LRE solar facilities currently under development at Morrow Lake Solar in Frio County, Texas, and Cradle Solar in Brazoria […] Read more
TotalEnergies & SINOPEC Ink Deal For Sustainable Jet Fuel In China Updated On Wed, Mar 27th, 2024 by Saurenergy TotalEnergies and China Petroleum and Chemical Corporation (“SINOPEC”) have signed a Heads of Agreement (HoA) to jointly develop a Sustainable Aviation Fuel (SAF) production unit at SINOPEC’s refinery in China. The planned unit, jointly owned by SINOPEC and TotalEnergies, will have the capacity to produce 230,000 tons of SAF per year and will process local […] Read more
Stonepeak & Shizen Energy To Form Asian Onshore Wind Platform Updated On Wed, Mar 27th, 2024 by Saurenergy Alternative investment firm Stonepeak has completed an investment in TerraWind Renewables, an onshore wind energy platform, in partnership with Shizen Energy Inc, a Japanese renewable energy company. As part of the transaction, Stonepeak has acquired an 80% interest in TerraWind, with Shizen Energy retaining the remaining 20% interest in the business. TerraWind will focus on […] Read more
