Quebec’s public sector pension fund manager La Caisse de dépôt et placement du Québec is giving Potentia Renewables Inc. $107 million in debt financing so the company can continue to invest in solar and wind development projects in North America and abroad.
Bullfrog Power has inked an agreement with the Pacific Gateway Hotel at that will see the Vancouver airport hotel purchase enough green electricity to power all of the hotel’s meeting spaces. In addition, Pacific Gateway will now use renewble natural gas for its its Pier 73 restaurant.
New data from UN Environment, the Frankfurt School-UNEP Collaborating Centre, and Bloomberg New Energy Finance (BNEF) indicates that renewable energy capacity grew by 138.5 GW in 2016, up 8% over 2015 additions. The research also shows that this record level of capacity additions was made with 23% less overall investment compared to the previous year.
Vancouver-based Solar Alliance of America is expanding its US asset base. The company inked an agreement this week that will see it acquire the team and pipeline of residential solar projects of an as yet to be disclosed US solar company.