SUNYA SCOOP

FTC loosens up

July 8, 2025

AI meets energy with David Heikkinen

Sunya Stories episode #12 with David Heikkinen of WhiteHawk Energy.

Phlair and Carbon Removal to Build 500K tCO₂/yr DAC Hub in Norway

Europe’s first large-scale DAC + storage project takes shape in Øygarden.

  • Initial phase targets 60K tCO₂/yr; full scale aims for 500K tCO₂/yr.

  • Uses electrochemical DAC powered by solar; stores CO₂ via Northern Lights.

  • Project will stabilize local grids and lower DAC costs through innovation.

Boralex Secures $250M Subordinated Loan from La Caisse and Fondaction

New 8-year capital supports renewable growth in Québec and abroad.

  • $200M from La Caisse, $50M from Fondaction; due in 2033.

  • Funds bolster Boralex’s financing flexibility for 2030 Strategy.

  • Loan reflects investor confidence in Boralex’s clean energy leadership.

Sinopec Launches China's First Floating Offshore PV Project

China’s first open-sea floating solar plant generates clean power and cuts emissions.

  • 7.5 MW system generates 16.7M kWh/year and reduces CO₂ by 14,000 tons.

  • Features salt-resistant, windproof design and seawater cooling for 5–8% efficiency gain.

  • Plans underway to expand to 23 MW and integrate with hydrogen production.

Ameresco, Juneau Hydropower Launch $240M Hydro Project in Alaska

Hydro + battery system to power remote Alaska communities with 100% renewables.

  • 19.8 MW project includes 40+ miles of transmission and battery storage.

  • Will offset 82K tons CO₂/year and supply Kensington Mine.

  • Enhances resilience and connects diesel-reliant regions to clean power.

Recurrent Energy Powers Up 1,200 MWh Arizona Storage Facility

One of Arizona’s largest BESS projects bolsters summer grid reliability.

  • Papago Storage now online; 1,200 MWh can power 72,000 homes for 4 hours.

  • Part of 3-project, 1,800 MWh portfolio under tolling agreements with APS.

  • Canadian Solar’s e-STORAGE handles EPC and long-term operations.

Maple Creek Energy Opens RFP for 1.3 GW Gas Project in Indiana

Shovel-ready gas project seeks buyers amid baseload retirements and load growth.

  • Two-phase CCGT plant targets ~1,300 MW capacity in MISO Zone 6.

  • Jointly developed with Bechtel; pre-qual deadline July 11, proposals due July 18.

  • RFP includes co-location opportunities and offtake options.

FTC Modifies EnCap–XCL Consent Order with Shift to Prior Notice

FTC swaps approval for notification in Uinta Basin M&A oversight.

  • Original 2022 order required divestment of EP Energy’s Utah assets and prior FTC approval for similar deals.

  • The new rule drops prior-approval but mandates advance notice for future Uinta Basin oil and gas transactions.

  • FTC’s 2-0-1 vote reflects a shift to reduce regulatory delays while preserving market competition.

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.