Boralex To Deliver 380 MW Energy Storage To Canadian Operator Updated On Thu, May 18th, 2023 by Saurenergy Boralex has its two storage projects, totaling 380 MW of nameplate capacity, selected by the Ontario Independent Electricity System Operator (IESO) as part of its Expedited Long-Term Request for Proposals. Boralex and its partners are currently finalizing the terms of the contract with the IESO. Boralex is the leading awardee as its two projects represent […] Read more
Canadian Solar To Deliver 363 MWh Energy Storage To Aypa Power Updated On Wed, May 17th, 2023 by Saurenergy Global renewable energy major Canadian Solar has announced that CSI Energy Storage, which is part of its majority-owned subsidiary CSI Solar Co. Ltd., will deliver 363 MWh of battery energy products to an Aypa Power project in Texas. Canadian Solar said in its official statement that the project is expected to reach commercial operation by […] Read more
Terafab From Terabase: ‘A Solar Factory to Build Many Solar Factories’ Updated On Fri, May 12th, 2023 by Saurenergy Californian based solar power plants’ solutions provider Terabase Energy has come up with a novel technology which is virtually a ‘factory that builds solar factories.’ It has launched Terafab which the world’s first automated & digital field factory for solar power plant construction. The Terabase technology transforms solar power plant construction with a modern factory […] Read more
Canada Marks Biggest Acquisition of Over 1000 Electric Buses in North America Updated On Wed, May 10th, 2023 by Saurenergy In a recent announcement, Canada will be making its first major acquisition of over 1,000 electric buses. This acquisition aspires to augment the network of electric public transit in Quebec’s eastern province. As per Infrastructure Canada, the governments will be making an investment exceeding C$780 million ($585 million) and more than C$1.1 billion with a […] Read more
Pivot Energy Secures $200 Million For 100 MW Distributed Solar Updated On Tue, May 9th, 2023 by Saurenergy American solar power and energy storage developer Pivot Energy has closed a $203 million financing facility to support a multi-state portfolio of distributed generation solar projects. Pivot Energy said that Silicon Valley Bank (SVB) and Foss & Company will make the initial tax equity investment. The 100 MWdc portfolio comprises 35 community solar and C&I […] Read more
Hitachi, Quanta Bag EPC Contract for 3.5 GW SunZia Project Updated On Fri, May 5th, 2023 by Saurenergy Renewable energy players Quanta Services and Hitachi Energy have been selected by Pattern Energy Group, a firm that delves into renewable energy and transmission infrastructure, to build its SunZia transmission and wind project. This is the largest renewable project of the USA being built with $8 billion of direct capital investment. Pattern Energy held that […] Read more
KKR Purchases $550 Million Loan Of SunPower Updated On Thu, May 4th, 2023 by Saurenergy North American residential solar technology and energy services provider SunPower and global investment firm KKR have signed a definitive agreement under which credit funds and accounts managed by KKR will commit to purchasing $550 million of solar energy loans made to SunPower customers. This transaction is expected to support SunPower Financial’s continued ability to offer […] Read more
BayWa r.e. Raises $115 Million Afresh For Solar+Storage Projects Updated On Wed, May 3rd, 2023 by Saurenergy North American solar developer BayWa r.e. has secured a $115-million credit facility with global financial services firm Nomura to support the development of utility-scale solar and solar+storage projects in the United States. BayWa r.e. said that the credit facility will initially support projects totaling 1.1 GW of solar and 188 MWh of battery storage in […] Read more
Avangrid Joins Forces with Navajo Tribal Utility Authority for 1 GW of Clean Energy Projects Updated On Wed, Apr 19th, 2023 by Saurenergy American clean energy firm Avangrid and the Navajo Tribal Utility Authority (NTUA) have entered into an agreement for the development of up to 1 GW of clean energy in the US. The projects in green energy are to be set up in the Navajo Nation in New Mexico and Arizona. NTUA claims to be the […] Read more
