Core Insights - Canada is advancing its clean energy transition with a focus on hydropower, wind, and solar, aiming for a net-zero electricity grid by 2050 [2] - The cumulative renewable capacity in Canada is projected to reach 70.9 GW by 2035, with a CAGR of 7.2% from 2024 to 2035 [2] - Large hydropower accounts for 48.5% of total installed capacity in 2024, while solar and wind are the fastest-growing technologies [3] Capacity and Generation - The report provides a detailed assessment of installed capacity (GW) and electricity generation (TWh) in Canada, covering historical and forecast periods [1] - Renewable generation is expected to increase from 86.8 TWh in 2024 to 154.5 TWh in 2035, with a CAGR of 5.4% [2] Policy and Financial Support - Key policies such as the Smart Renewables and Electrification Pathways Program and the Clean Electricity Regulations are driving clean energy growth [4] - Financial initiatives, including a 30% Clean Technology Investment Tax Credit and a CAD 10 billion ($7.4 billion) Clean Power stream, are accelerating project deployment [4] Future Opportunities and Challenges - Opportunities exist in offshore wind and hydrogen production, with federal investments supporting these initiatives [5] - Challenges include ageing transmission infrastructure and regional disparities in resource and policy alignment [5]

Core Insights - TotalEnergies has agreed to sell a 50% interest in a 1.4GW North American solar portfolio to KKR, with an enterprise value of $1.25 billion, resulting in TotalEnergies receiving $950 million at closing [1][2][5] Group 1: Transaction Details - The deal includes six utility-scale solar projects totaling 1.3GW and 41 distributed-generation sites amounting to 140MW, primarily located in the US [1] - TotalEnergies will retain half of the ownership stake and continue to operate the assets after the deal is completed [2] Group 2: Strategic Importance - KKR has committed over $23 billion to energy transition investments, viewing TotalEnergies' solar portfolio as high-quality renewable energy assets with long-term contracts [3] - This partnership is seen as a strategic move for TotalEnergies to expand its integrated business model in the North American deregulated electricity market [5] Group 3: Business Model and Future Plans - TotalEnergies aims for a 12% profitability for its integrated power business and plans to sell up to 50% of its renewable assets once operational risks are minimized [4] - The company is developing a portfolio that integrates renewables with assets like combined cycle gas turbines and storage solutions [3]

TotalEnergies SE Chief Executive Officer Patrick Pouyanne said the French energy giant may sell part of its stake in Adani Green Energy Ltd. to capitalise on the Indian renewable producer’s rising valuation.TotalEnergies acquired 20 per cent of Adani Green in 2021 for $2 billion, extending its series of deals with Indian billionaire Gautam Adani. The French company still holds 19 per cent of the renewable energy firm, according to data compiled by Bloomberg.  Speaking to investors in New York on Monday, Pou ...

Core Insights - Statkraft has signed an agreement to sell its district heating business, Statkraft Varme, to a consortium owned by Patrizia SE and Nordic Infrastructure AG for NOK 3.6 billion, marking a significant step in the company's strategy to focus on hydropower, wind power, solar energy, and batteries [1][4] Company Overview - Statkraft Varme has been involved in energy recovery and district heating since 1982, operating 13 locations in Norway and Sweden, and delivering approximately 1.2 TWh of energy annually to over 40,000 customers [3] - Statkraft is a leading international company in hydropower and Europe's largest supplier of renewable energy, with around 7,000 employees across more than 20 countries [7] Strategic Focus - The sale of the district heating business will free up capital for Statkraft to invest in prioritized areas such as hydropower and wind power, aligning with the company's long-term strategy [1][4] - The district heating sector is recognized as a crucial component of the green energy system and the transition to a circular economy, utilizing surplus energy to enhance power grid capacity [2] Buyer Profile - Patrizia SE and Nordic Infrastructure AG have extensive experience in the district heating market, with Patrizia already owning and operating several energy-related companies in Norway [5][6] - Patrizia manages approximately EUR 56 billion in assets and focuses on investment opportunities in real estate and infrastructure, driven by trends in digital, urban, energy, and housing sectors [8] Regulatory Aspects - The sale is subject to approval by the competition authorities in Norway and is expected to be finalized by the end of the year [6]

If you've flown or driven across the country, you've probably seen a solar farm. The panels are meticulously placed, and that used to take a lot of time to do, relying, of course, on human power. But now, robotics are taking on the job.This is Civot, a four-W wheeled robot that can mark up to 3,000 layout points per day with up to 8 mm accuracy. It can ride over rugged terrain and work through rough weather. The brainchild of California-based Civ Robotics.Our secret sauce is being able to take the blueprint ...

TotalEnergies CEO Patrick Pouyanne said the French energy giant may sell part of its stake in Adani Green Energy to capitalize on the Indian renewable producer’s rising valuation https://t.co/Kkm9uDfHgy ...

Core Viewpoint - First Solar (FSLR) appears to be a more attractive investment compared to Texas Instruments (TXN) due to its lower valuation (P/Operating Income) and stronger revenue and operating income growth [1][3]. Comparison of Key Metrics - FSLR has demonstrated stronger revenue and operating income growth compared to TXN, which produces semiconductors for electronics [1][4]. - The valuation gap between FSLR and TXN suggests that FSLR may offer a more compelling investment opportunity [3][4]. Additional Considerations - Analyzing the performance of TXN over the past year is crucial to determine if its stock is overpriced relative to competitors [5]. - Continued underperformance in revenue and operating income growth for TXN could reinforce the view that its stock is overpriced [5].

PARIS--(BUSINESS WIRE)--TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has signed an agreement with insurance vehicles and accounts managed by KKR, a leading global investment firm, for the sale of 50% of a 1.4 GW solar portfolio in North America. This transaction – which aligns with TotalEnergies' renewables business model – values the portfolio at an enterprise value of $1.25 billion. Thanks to these transactions and the bank refinancing currently being finalized, TotalEnergies will receive a. ...

Core Insights - The recent forecasts for clean-power additions and the relaunch of the Canada Greener Homes Affordability Program (CGHAP) indicate a sustained demand for residential and small-commercial solar across Canada [1][2] - The Canadian Renewable Energy Association projects over $200 billion in investment for clean power by 2035, primarily driven by rising electricity demand, with wind and solar expected to dominate new generating capacity [2] - Stardust Solar is well-positioned to benefit from these developments due to its installation network and accredited training programs [3] Industry Developments - The CGHAP has been relaunched with a direct-install model that eliminates upfront costs for low- and median-income households, with the first implementation agreement in Manitoba involving $29.8 million in federal funding [2] - Market conditions in Canada are favorable for solar and energy-efficient retrofit solutions, supported by increasing clean energy procurement pipelines and rising electricity demand [4] Company Positioning - Stardust Solar, as a licensed provider of solar PV installations and renewable energy training, is aligned with the local delivery model of CGHAP, enhancing its ability to meet growing demand [3] - The company plans to expand its reach in high-potential provinces, focusing on increasing installations of residential retrofits and distributed solar and storage projects [4] - Stardust Solar operates as a North American franchisor of renewable energy installation services, providing comprehensive support to its franchisees [5]

Core Viewpoint - Green Rain Energy Holdings Inc. has secured a stable natural gas supply through a Definitive Energy Purchase and Sales Agreement with Allied Energy Corporation, which will support its EV charging and renewable energy projects in New Mexico and Texas [1] Group 1: Agreement Details - The Definitive Energy Purchase and Sales Agreement (EPSA) ensures a reliable and cost-effective energy resource for Green Rain's initiatives [1] - The agreement is specifically aimed at supporting the rollout of EV charging systems along major highways in New Mexico and Texas [1] Group 2: Project Locations - The planned EV charging systems will be implemented along New Mexico Highways 10, 25, and 40 [1] - In Texas, the charging systems will be established along Highways 10, 40, 27, 20, 35, 37, and 69E [1]