Silfab Solar Raises $125 Million to Build Third US Cell Factory Updated On Thu, Mar 9th, 2023 by Saurenergy North American PV module manufacturer Silfab Solar has announced a second investment round led by ARC Financial Corporation to help fund the next expansion of Silfab Solar, whose third facility is to open in the United States of America. This will include domestic PV cell and module production. The $125 million investment from energy-focused private […] Read more
Plug Power to Design 100 MW Electrolyzer Technology for Uniper Updated On Thu, Mar 9th, 2023 by Saurenergy Germany’s power producer, Uniper has selected Plug Power, a provider of hydrogen solutions for the global green hydrogen economy, to design electrolyzer technology for its Maasvlakte site at the Port of Rotterdam in the Netherlands. As per the deal, Uniper will commission 100 MW of Plug electrolysis capacity to produce green hydrogen by 2026. Towards […] Read more
Spain’s Repsol Acquires 250 MW of Wind & Solar Assets from Germany’s ABO Wind Updated On Wed, Mar 1st, 2023 by Saurenergy Spanish multinational energy firm Repsol has purchased 250 MW of renewable assets from German developer ABO Wind in Spain that come in the face of three wind farms and two solar plants. With the acquisition of these projects, the renewable portfolio of Repsol in Spain now totals 3,200 MW. The three wind farms, totalling 150 […] Read more
Lightsource bp to Purchase 4 GW of First Solar Modules Updated On Wed, Mar 1st, 2023 by Saurenergy Global solar developer Lightsource bp has placed an order for 4 GW of advanced thin film solar modules with module maker First Solar. The modules, scheduled to be delivered between 2026 and 2028, are expected to power Lightsource bp projects in the United States. This latest deal follows a prior order by Lightsource bp for […] Read more
Canadian Solar Renews EUR 100 Million Note Program Updated On Tue, Feb 28th, 2023 by Saurenergy Canadian Solar Inc. has announced that Canadian Solar EMEA Capital Markets, its wholly-owned subsidiary in Spain, has registered its EUR 100 million medium term note program in the MARF (a Spanish multilateral trading facility). Canadian Solar said that any payment under the notes issued under the note program will be guaranteed by the company. The […] Read more
Canadian Solar to Supply 487 MWh BESS to Aypa Power Updated On Fri, Feb 24th, 2023 by Saurenergy Global renewable energy player Canadian Solar Inc has announced that CSI Energy Storage, owned by its subsidiary CSI Solar, will provide 487 MWh of SolBank energy storage products to Aypa Power. Aypa Power is a Blackstone portfolio company that develops, owns and operates utility-scale energy storage and hybrid renewable energy projects across North America. The […] Read more
US Sets Sights on First Offshore Wind Auction in Gulf of Mexico Updated On Fri, Feb 24th, 2023 by Saurenergy The United States has come up with a proposal for the first sale of offshore wind power development rights in the Gulf of Mexico. The sale currently under planning is an effort towards Joe Biden’s administration to set up wind turbines along all the coastlines of the USA, which looks to achieve 30 GW of […] Read more
American DISCOM AEP to Sell Over 1.3 GW of Renewable Portfolio Updated On Thu, Feb 23rd, 2023 by Saurenergy Just as America is expanding the renewable power to spearhead the global drive to combat climate change, Columbus based American Electric Power (AEP) has entered into an agreement to sell its 1,365-megawatt (MW) unregulated, contracted renewables portfolio to IRG Acquisition Holdings at an enterprise value of $1.5 billion including project debt. IRG Acquisition Holdings is […] Read more
bp to Invest $1 Billion in EV Charging Across US by 2030 Updated On Fri, Feb 17th, 2023 by Saurenergy Global energy conglomerate British Petroleum or bp has announced its fresh plans to invest $1 billion into electric vehicle (EV) charge points across the United States. bp said that it will bring fast charging infrastructure to Hertz locations in major cities of the US by 2030. bp said that these cities will include Atlanta, Austin, […] Read more