Norway Firm REC Silicon Reports $35.6 M Revenue in Q2 FY21 Updated On Fri, Jul 23rd, 2021 by Saurenergy REC Silicon is exploring opportunities created by President Biden’s renewable energy agenda to utilize its proven FBR technology to provide low-cost, low-carbon polysilicon for the solar value chain, said Tore Torvund, CEO of the Norway-based silicon materials producer. The company recently reported second quarter 2021 revenues of USD 35.6 million versus USD 28.0 million in the […] Read more
Form Energy Reveals Chemistry of its Long Duration Iron-air Battery Updated On Fri, Jul 23rd, 2021 by Saurenergy US technology firm Form Energy has announced the battery chemistry of its first commercial product and a $200 million Series D financing round led by ArcelorMittal’s XCarb™ innovation fund. The four-year-old startup claims that through the use of iron, one of the most common elements on Earth, it has built an inexpensive battery that can […] Read more
Global Electricity Demand Growing Faster than Renewables: IEA Report Updated On Fri, Jul 23rd, 2021 by Saurenergy Renewables are expanding quickly but not enough to satisfy a strong rebound in global electricity demand this year, resulting in a sharp rise in the use of coal power that risks pushing carbon dioxide emissions from the electricity sector to record levels next year, says a new report from the International Energy Agency. After falling […] Read more
Godi Energy Raises Funds to Set Up Li-ion Cell Manufacturing Facility Updated On Thu, Jul 22nd, 2021 by Saurenergy Godi Energy, a Hyderabad-based energy technology company, has announced that it has raised funds from Blue Ashva Capital, through its Blue Ashva Sampada fund, to set up supercapacitor and lithium-ion cell manufacturing facilities in India. Founded by Mahesh Godi, CEO of Godi India Pvt Ltd, the company focuses on R&D and manufacturing of sustainable energy […] Read more
Sunseap, BP Batam Partner to Build 2.2 GWp Floating PV in Indonesia Updated On Thu, Jul 22nd, 2021 by Saurenergy Singapore-based solar developer Sunseap Group has signed a Memorandum of Understanding (MoU) with Badan Pengusahaan Batam (BP Batam) for the building of a floating photovoltaic system (FPV) and energy storage system (ESS) on a reservoir in Indonesia’s Batam Island for an estimated cost of US$2 billion. Under the MoU, Sunseap will develop a FPV and […] Read more
Devise Alternate Ways to Repurpose Fossil Fuels, Argues IDTechEx Updated On Thu, Jul 22nd, 2021 by Saurenergy UK-headquartered IDTechEx, an independent market research and business intelligence provider, has advocated for devising novel ways to repurpose fossil fuel assets, as against simply resorting to obvious solutions like converting gasoline stations into EV charging stations. The latter trend has of late become popular among oil majors, which are looking to capitalise on the rapid […] Read more
Topsun Sets Up GUVNL-commissioned 1 MW Solar Plant in Gujarat Updated On Thu, Jul 22nd, 2021 by Saurenergy Gandhinagar-based rooftop solar manufacturer Topsun Energy Ltd has set up a 1 MW solar power plant, their first one to be commissioned by Gujarat Urja Vikas Nigam Ltd. (GUVNL). Power evacuation to grid has been completed successfully under the Small-Scale Distributed Solar Projects (SSDSP) 2019 scheme. Founded in 2007, Topsun offers innovative photovoltaic products and systems […] Read more
Solar Tracker Firm GameChange Solar Sets Up Office in Bangalore Updated On Thu, Jul 22nd, 2021 by Saurenergy GameChange Solar, which manufactures fixed tilt structures and solar trackers, is setting up an office in Bangalore, Karnataka. The company currently has approximately 400 MW of solar under construction in India. It plans to build its business development staff at the India office over the next year. Additionally, the India office will also be responsible […] Read more
L-Charge’s 1st Mobile EV Charger Starts Patrolling Moscow’s Streets Updated On Thu, Jul 22nd, 2021 by Saurenergy Russian engineering firm L-Charge has announced that its first mobile EV charger has started to patrol Moscow city streets to provide on-demand charging service to electric vehicles. It can be summoned via an app to any location in Moscow and takes just 8 minutes to charge an electric car to a range of 100 km, a world record, said the […] Read more
