US Residential Solar Financier GoodLeap Raises $800m Updated On Mon, Oct 18th, 2021 by Saurenergy GoodLeap is set to expand beyond solar into the broader market for sustainable home improvement, options for carbon reduction and in the medium to long term, even EV’s and EV charging stations. The $800 m fund raise was led by MSD Partners, besides existing shareholders. With this fund raise, Goodleap’s valuation has risen to $12 […] Read more
GM to Power US Production Sites with 100% RE by 2025 Updated On Fri, Oct 1st, 2021 by Saurenergy General Motors (GM) has revealed that it plans to source 100 percent renewable energy to power its U.S. sites by 2025 – five years earlier than previously announced, and 25 years ahead of its initial target that was set in 2016. GM aims to avoid 1 million metric tons of carbon emissions that would have […] Read more
Tesla’s Li-ion Battery Inaugrated at World’s Largest Solar Farm Updated On Wed, Sep 29th, 2021 by Saurenergy Dubai Electricity and Water Authority (DEWA) has inaugurated a pilot project for energy storage at the Mohammed bin Rashid Al Maktoum Solar Park using Tesla’s lithium-ion battery solution. The project has a power capacity of 1.21 MW and an energy capacity of 8.61 MWh with a life span of up to 10 years. “The energy […] Read more
Rivian Rolls Out World’s 1st Electric Pickup Truck for Customers Updated On Thu, Sep 16th, 2021 by Saurenergy Based in California and backed by Amazon, EV startup Rivian has produced its first line of electric pickup trucks: R1T electric pickup. The firm is the first automaker to bring an electric pickup to the consumer market, beating Tesla, General Motors and others. The announcement was made by Rivian CEO RJ Scaringe in a tweet […] Read more
Tesla Builds Energy Trading Team for its Autobidder Platform Updated On Mon, Sep 13th, 2021 by Saurenergy US clean energy company Tesla is looking to build an energy trading team to trade energy capacity at its Autobidder platform, according to media reports. The EV maker is looking for a ‘Senior Energy Trading Analyst’ for its new team, as announced on LinkedIn recently. The energy trading team will support the company’s battery and renewable […] Read more
India to Increase Incentives for EV and H2-powered Car Makers Updated On Mon, Sep 6th, 2021 by Saurenergy India has revised its proposed $8 billion scheme for the auto sector which will now focus on providing incentives to companies to build electric and hydrogen fuel-powered vehicles, according to recent media reports. This is a significant shift from the government’s original plan to incentivise auto and auto part maker to build mainly gasoline vehicles […] Read more
Tesla & Local Partners to Build Storage Facility in Japan Updated On Fri, Aug 20th, 2021 by Saurenergy US auto major Tesla is partnering with Japanese companies to build an energy storage facility using its rechargeable battery in Hokkaido in northern Japan to help stabilise the power system. Tesla will collaborate with Japanese power retailer and aggregator Global Engineering and engineering firm Ene-Vision to build the energy storage facility connected to the grid […] Read more
Iron-based Batteries’ Future Looks Bright As Tesla Weighs In Updated On Fri, Aug 6th, 2021 by Saurenergy Of late, leading executives in the automotive sector have been indicating a reversion to older, cheaper lithium-iron-phosphate (LFP) batteries in their products. Tesla CEO Elon Musk has recently spoken of such a shift in the company’s energy storage devices and some entry-level EVs. Additionally, Ford CEO Jim Farley has said the company would use LFP batteries […] Read more
Fire at Tesla Big Battery in Victoria Puts The Spotlight On Risks Updated On Mon, Aug 2nd, 2021 by Saurenergy A major fire broke out at Tesla’s 300 MW (450 Mwh) big battery, called the Victoria Big Battery, in Australia’s Victoria state. Starting on Friday, the fire was eventually controlled only today, after a three day struggle. The fire apparently started after initial testing was started to sync the battery with the grid. Fire fighters […] Read more
