Amazon Raises $1 bn Sustainability Bond, Issues $18.5 bn Debt Updated On Tue, May 11th, 2021 by Saurenergy Seattle-based tech giant Amazon.com Inc. issued its first sustainability bond yesterday, raising $1 billion to fund ongoing and new sustainability projects in renewable energy, clean transport, greener buildings and affordable housing. The total debt issued by the company on the same day was a whopping $18.5 billion. The sustainability bonds enable investors to join the firm in tackling […] Read more
SunPower Releases “Solid” Financial Results for Q1 2021 Updated On Mon, May 10th, 2021 by Saurenergy SunPower, a California-headquartered solar power generation and energy storage company, has released its financial results for the first quarter of 2021 ended April 4, 2021. The company’s GAAP revenue increased from $290.5 millions in Q1 2020 to $306.4 millions in Q1 2021. GAAP loss decreased by $57.6 million, including $44.7 million related to a mark-to-market loss […] Read more
LONGi Wins at “All Quality Matters” Solar Congress 2021 Updated On Mon, May 10th, 2021 by Saurenergy China-based leading solar PV manufacturer LONGi announced today that it has once again received recognition at the 2021 edition of the TÜV Rheinland “All Quality Matters” Solar Congress, with its Hi-MO 4 and Hi-MO 5 high-efficiency modules winning awards for PV Module Outdoor Energy Yield (Monofacial Group) and PV Module Energy Yield Simulation (Bifacial monocrystalline […] Read more
European Comm Approves Germany’s Problematic RE Law: WindEurope Updated On Mon, May 10th, 2021 by Saurenergy Last week the European Commission approved the latest amendments to the German Renewable Energy Act. This means Germany can now publish the results of its last onshore wind auction, and work on the relevant wind farms can start. But the Commission have set an unhelpful precedent by approving a new mechanism in the Act which […] Read more
Enel Group Releases Financial Results; Q1 2021 Unprofitable Updated On Mon, May 10th, 2021 by Saurenergy Enel Group, Italian multinational manufacturer and distributor of electricity and gas, has released the financial results of the first quarter of 2021. The company reports an 8.8% increase in investments and confirmation of yearly targets, among other data, but the quarter has not proved profitable for it. Revenues earned in this quarter were 17,107 million euros, […] Read more
Highest-ever Boom in Copper Amid Clean Energy Transition: Bloomberg Updated On Mon, May 10th, 2021 by Saurenergy According to recent analysis by Bloomberg, a New York City-headquartered data and media company, copper surged this week to its highest-ever and copper future prices rose as high as $10,440 a ton in London. This follows the boom in copper spread over the past year, which caused prices to double in the period. The year 2011 […] Read more
Liverpool Uni Researchers Develop Stable Electrolyte for Li-O2 Batteries Updated On Sat, May 8th, 2021 by Saurenergy Researchers at the University of Liverpool, in partnership with Johnson Matthey PLC and Loughborough University, are working on developing stable and practical electrolytes for lithium-oxygen (Li-O2) batteries (or lithium-air battery). They have advanced new theories on the subject, whose execution can create greater energy storage capacity than that offered by the conventional lithium-ion battery. In a […] Read more
German Scientists Redesign Stack to Make Cheaper Redox Flow Batteries Updated On Sat, May 8th, 2021 by Saurenergy Researchers at the Fraunhofer Institute for Environmental, Safety and Energy Technology UMSICHT, located in Germany, claim that thorough redesigning the stack, they have contrived a way to bring down production costs of redox flow batteries which are used to store renewable energy. As a result, Christian Doetsch and Lukas Kopietz from Fraunhofer UMSICHT and Dr. Thorsten Seipp […] Read more
UK Charts Course for Net Zero North Sea: WoodMac Updated On Fri, May 7th, 2021 by Saurenergy Ambitious transition deal sets tough targets as UKCS players face tricky balancing act The UK government and the country’s oil and gas sector recently agreed a deal to leverage the upstream industry’s capabilities, accelerate the energy transition and help the North Sea reach net zero by 2050. A significant opportunity exists to create a supply […] Read more
