Canada Authorities & RE Firm Ink PPA For 100 MW Quebec Wind Project Updated On Tue, Apr 16th, 2024 by Saurenergy Innergex Renewable Energy Inc, the Regional County Municipality of Lotbinière and the Abenaki Councils of Odanak and Wôlinak have announced the signing of a 30-year power purchase agreement with Hydro-Québec for the electricity to be generated by the 100 MW community wind power project. As per Innergex, the signing of this long-term contract with Hydro-Québec […] Read more
Canada Pension Board Invests In UK-Based Firm For Offshore Wind Energy Updated On Tue, Apr 9th, 2024 by Saurenergy Canada Pension Plan Investment Board (CPPIB) has invested in UK-based Reventus Power to further its plans to establish the firm as a global player in the offshore wind sector. Consequently, Reventus Power has doubled the size of its global team to approximately 50 offshore wind specialists, increased its presence in the UK, Germany, Poland, and […] Read more
Offshore Wind Developer Simply Blue Group Ventures Into Onshore Clean Energy Updated On Mon, Apr 1st, 2024 by Saurenergy Offshore wind project developer Simply Blue Group is developing onshore renewable energy parks to power facilities capable of producing sustainable aviation fuel (SAF). The projects, in Canada, Ireland and Australia will process more than 1.5 million tonnes of sustainable biomass annually to produce over 300,000 tonnes of SAF each year. The company currently has a […] Read more
Schneider Electric, ENGIE Enter Tax Credit Transfer Agreement Under IRA Updated On Thu, Feb 22nd, 2024 by Saurenergy Schneider Electric, a digital energy and automation manager company recently announced its investment in a portfolio of Texas-based clean energy projects. Through this, it utilized a Tax Credit Transfer Agreement (TCTA) for solar and battery storage systems developed, built, and operated by ENGIE North America (ENGIE). The contracted projects are expected to come online throughout […] Read more
EDP Renewables Commissions 297 MW Sharp Hills Wind Farm in Canada’s Alberta Updated On Thu, Jan 25th, 2024 by Saurenergy Renewable energy company EDP Renewables along with its Canada-based arm commissioned the Sharp Hills Wind Farm near the hamlets of Sedalia and New Bridgen in Alberta, Canada. The project aims to elevate Alberta’s status as a renewable energy leader in Canada as well as to diversify the energy resources in the province. The Sharp Hills […] Read more
E-Fuel Blending In EVs Can Reduce Fossil Fuel Dependence By 2028: IEA Estimates Updated On Mon, Jan 15th, 2024 by Saurenergy A recent report by International Energy Agency (IEA) found that a combination of electric vehicles (EVs) and biofuels is anticipated to significantly reduce global oil demand. It’s estimated to offset 4 million barrels of oil-equivalent per day by 2028, constituting over 7% of the predicted oil demand for transportation. The IEA report on E-fuel mentioned, […] Read more
Mercedes-Benz to Buy 10k Tonnes Lithium from Canada’s Rock Tech Updated On Thu, Aug 25th, 2022 by Saurenergy Leading automaker Mercedes-Benz AG and Canada’s lithium development company Rock Tech Lithium have announced that they will enter into an agreement which will provide for a strategic partnership to produce high-quality lithium hydroxide for the automaker and its battery suppliers. Under the intended binding agreement, Rock Tech has agreed to deliver up to 10,000 tonnes […] Read more
Canadian Government Has Invested $765,000 to Deploy 117 V1G EV Chargers Updated On Wed, Jul 13th, 2022 by Saurenergy Canada-based Energy-Tech company, Peak Power has announced that it has received $765000 worth investment from the Canadian Government. With this investment, Peak Power will install 117 V1G EV chargers to achieve a zero-emission target under the Zero Emission Vehicle Infrastructure Program (ZEVIP). The total cost of the ZEVIP program is over $1.6 million. The V1G […] Read more
NTPC Plans to Raise Rs 5000 Crore From Sale In Renewable Firm Continues On Track Updated On Mon, Jul 11th, 2022 by Saurenergy State-owned National Thermal Power Corporation (NTPC) plans for a stake sale in its green arm in October this year seem to be moving on schedule. The power giant plans to raise upto Rs 5,000 crore through a stake sale while retaining control over the firm. The power major has begun to collect inputs from sovereign […] Read more
