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ATCO Acquires RE Portfolio Worth C$730 M From Suncor Energy

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 […]

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ONE To Invest $1.6 20 GWh In Michigan Cell Factory

Michigan-based energy storage technology company Our Next Energy (ONE) will be investing $1.6 billion in a new battery cell manufacturing plant, called ONE Circle, in Van Buren Township, Michigan. Once operational it will have an annual full capacity of 20 GWh by the end of 2027 which will be equivalent to 200,000 electric vehicle battery […]

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Rio Tinto, Voltalia to Supply Solar Power to Richards Bay Minerals

South African mineral company Richard’s Bay Minerals (RBM) has said that it will be supplied with renewable solar power through an agreement with international energy company in France, Voltalia and local Black Economic Empowerment (BEE) partners. The solar power will be employed for the operations at KwaZulu-Natal, South Africa. RBM is also exploring additional renewable […]

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Canada’s Electrovaya to Build Lithium-Ion Gigafactory in New York State

Global lithium-ion battery technology and manufacturing firm Electrovaya has announced that its first US-based gigafactory will come up in New York State for the production of cells and batteries. Electrovaya said that it will set up operations at a 137,000 square foot plant on a 52-acre campus near Jamestown, New York. Electrovaya informed that the […]

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LevelTen Energy to Expand Asset Marketplace to Europe

 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 […]

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DIF Announces Investment In Qair – 1GW Global Renewables Platform

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. […]

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Tree Energy Solutions, Fortescue Future Industries Team Up for World’s Largest Green Hydrogen Project

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 […]

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UK-Based Aukera to Acquire 1000 MW Solar Portfolio in Germany

European RE investment giant Aukera BV has announced that it is to acquire a solar PV portfolio of projects under development across Germany with an initial 1,000 MW of total capacity from Securenergy Solutions AG. Aukera said that Securenergy Solutions will be responsible for the development of the projects, which itintends to build, own, and […]

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European Union to Invest $5.2 Billion More for Green Hydrogen Projects

To provide a major thrust to hydrogen development in the region, the European Commission (EC) has approved $5.2 billion in public funding. The EU said that the new investments will also be attracting about $6.8 billion in private funding for the hydrogen industry. The EU held that 13 countries will be giving funds for a […]

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