Peck Company Takes Over iSun Energy, a Clean Energy Product Innovator Updated On Wed, Jan 6th, 2021 by Saurenergy US-based commercial solar engineering, procurement, and construction (EPC) firm The Peck Company has signed a binding term sheet to acquire iSun Energy LLC, a solar-powered electric vehicles (EV) provider. Peck will acquire iSun in an all-stock transaction. After taking over, Peck will change itself to iSun Energy and trade on Nasdaq under the ticker “ISUN”. […] Read more
Pattern Energy Closes Financing & Begins Work on 1050 MW Wind Portfolio Updated On Tue, Jan 5th, 2021 by Saurenergy Pattern Energy has completed financing and started the full construction process of its 1050 MW Western Spirit Wind projects in New Mexico Pattern Energy Group has announced that it has completed financing and started the full construction process of its Western Spirit Transmission line and its suite of Western Spirit Wind power projects totaling more than […] Read more
Bruc Energy and Alter Enersun Partner to Develop 550 MW Solar Projects in Spain Updated On Mon, Jan 4th, 2021 by Saurenergy The group, chaired by Juan Béjar, reached an agreement to buy 55% of 12 plants under construction and development in Andalusia and Extremadura. December 30th.- Bruc Energy has reached an agreement with Alter Enersun to buy 55% of 12 photovoltaic solar power plants, totalling 550 MW. Both companies have created a new company called Bruc […] Read more
Fluence Secures $125 Mn From QIA to Accelerate Energy Storage Technology Updated On Mon, Jan 4th, 2021 by Saurenergy QIA has committed to invest USD 125 million in Fluence, which intends to use the net proceeds to accelerate the development of its offerings Fluence, a leading global energy storage solutions provider, has announced that it has entered into a definitive agreement with the Qatar Investment Authority (QIA) pursuant to which QIA will commit to […] Read more
ADB Approves $231 Mn Loan to Increase Clean Energy Supply in Assam Updated On Mon, Jan 4th, 2021 by Saurenergy The Asian Development Bank (ADB) has approved a $231 million loan to construct the Lower Kopili Hydroelectric Power (LKHEP) plant in Central Assam, India. This loan is the third and largest tranche of the $300 million Assam Power Sector Investment Program approved by ADB in 2014. The project has so far upgraded the 70-megawatt (MW) […] Read more
EBRD Promotes Green Investments in North Macedonia Updated On Sat, Jan 2nd, 2021 by Saurenergy The European Bank for Reconstruction and Development (EBRD) is supporting green investments in North Macedonia with a €1 million loan to Komercijalna Banka Skopje under the EBRD’s Green Economy Financing Facility (GEFF). The funds will be available for green investments in the country’s residential sector. This will include investments in high-performance green technologies, materials and […] Read more
GIP to Acquire MAP Energy’s RE Business With Interest in 16 GW of Projects Updated On Wed, Dec 30th, 2020 by Saurenergy Global Infrastructure Partners (GIP) has announced the acquisition of MAP® RE/ES, the renewable energy business of MAP® Energy. Global Infrastructure Partners (GIP), a leading global, independent infrastructure investor, has announced the acquisition of MAP® RE/ES, the renewable energy business of MAP Energy. GIP’s fourth flagship fund, GIP IV, will acquire 100 percent of the MAP RE/ES investment […] Read more
Japan’s Orix to Acquire 80% Stake in Spains’ Elawan Energy Updated On Tue, Dec 29th, 2020 by Saurenergy Japan’s ORIX Corporation will invest in Elawan Energy, a global renewable energy firm headquartered in Madrid. Japan’s ORIX Corporation has announced that it has entered into an agreement to invest in Elawan Energy, a global renewable energy company headquartered in Madrid, Spain focused on the development and ownership of wind and solar PV power plants. […] Read more
Ameren Missouri Acquires its First Wind Energy Center in Northeast Missouri Updated On Sat, Dec 26th, 2020 by Saurenergy Ameren Missouri, a subsidiary of Ameren Corporation (NYSE: AEE), has closed on the acquisition of the company’s first wind energy center, a 400-megawatt (MW) project in northeast Missouri. The purchase of the High Prairie Renewable Energy Center in Adair and Schuyler counties is the first of two planned investments in Missouri-based wind generation, which will add 700 MW of clean […] Read more
