RMI Foresees Cleantech To Drive 10% Of Global GDP Growth Updated On Wed, Jun 19th, 2024 by Saurenergy The Rocky Mountain Institute (RMI), a US-based research organization, has recently published a report forecasting significant growth in the cleantech sector. According to the report, solar energy installations are expected to reach 1,000 GW annually, accompanied by sales of 6,000 GWh of batteries per year. These advancements are crucial in achieving the sector’s goal of […] Read more
This Startup Looks to Displace Batteries with Hyper-Efficient Solar Panels Updated On Mon, Jun 3rd, 2024 by Saurenergy Europe’s Exeger’s Powerfoyle are a new line of hyper efficient dye-sensitized solar cells (DSSC) that aim to make indoor solar a reality. These low-cost, high-efficiency and flexible cells might soon make their way into our devices. In fact, it’s already in a few. Founded in Stockholm, Sweden, Exeger’s factory spews out 2.5 million square meters […] Read more
EU’s Shift To BTM Batteries To Meet Energy Demand: EMBER Updated On Wed, May 1st, 2024 by Saurenergy EMBER in its recent report identified that installed battery capacity in the EU doubled to 16 GW in 2023, with a significant concentration in countries like France, Ireland, and Germany. Behind-the-meter (BTM) batteries constitute a substantial portion of this capacity, with countries like Spain and the Netherlands expected to follow suit due to high renewables […] Read more
Battery Electric Cars Sales In EU Increase By 55%: Eurostat Updated On Wed, Jan 24th, 2024 by Saurenergy Europe Union (EU) witnessed a rise in the sale of battery-only electric passenger cars in 2022 reveals the data shared by Eurostat, which is the statistical office of the European Union. It also showcased an increase in the number of battery-only electric passenger cars in the EU. It stated, “Battery-only electric passenger cars in the […] Read more
China Ahead Of US, EU In Battery Recycling To Meet Lithium Demand: Report Updated On Tue, Dec 12th, 2023 by Saurenergy A recent report published by a resources conservation and recycling journal shows that, China is ahead of Europe and the US in using battery recycling to meet its needs for Lithium, Cobalt and Nickel for batteries for electric vehicles (EVs). With the increase in the production of batteries for electric vehicles, demand is also rising […] Read more
Log9 Commissions Its Commercial Lithium-Ion Cell Manufacturing Line In Bengaluru Updated On Fri, Apr 21st, 2023 by Saurenergy Log 9 Materials, a Bengaluru-based advanced battery technology solutions company, on Friday, commissioned India’s first commercial Lithium-ion battery manufacturing line at its Jakkur plant in Bengaluru. It is said to have a production capacity of 50 Megawatt-hour (MwH) annually. “Log9’s commercial Li-ion cell manufacturing line has an initial capacity of 50 MWh. This facility […] Read more
Romania Gets €259 Million EU Aid for Solar Panels & Battery Production Updated On Fri, Feb 17th, 2023 by Saurenergy Europe is speeding for timely transition to clean energy to avoid climatic changes. In a key development, the European Commission has approved a EUR 259 million scheme to support investments in the production, assembly and recycling of batteries, of photovoltaic cells and of panels in Romania. The new funding is approved under EU State aid rules […] Read more
SolarEdge Announces 2022 Financial Results; Revenues Up By 58% Updated On Wed, Feb 15th, 2023 by Saurenergy Smart energy technology provider SolarEdge Technologies has announced its financial results for the fourth quarter 2022 and full year ended December 31, 2022 revealing high growth in revenues. Fourth Quarter Financial Results In the last quarter, SolarEdge reported revenue of over $890 million which is up 6% from $836 million in the prior quarter and […] Read more
Himachal’s Sirmaur District to Get 100 EV Charging Stations Updated On Thu, Feb 9th, 2023 by Saurenergy The electric vehicle industry is rising and its robust expansion in near future looks imminent for multiple reasons – policy support, capacity of industries and environmental consciousness of consumers. Hence, in order to up the adoption of EVs, the Himachal Pradesh administration will be deploying 100 electric vehicle charging stations in the Sirmaur district. As […] Read more