From $316.05M To $530.2M, Enphase Almost Doubles Revenue in Q2 2022 Updated On Thu, Jul 28th, 2022 by Saurenergy California-based microinverter manufacturer Enphase Energy has announced its consolidated results for the second Quarter ending June 2022. Enphase reported a 42.2% non-GAAP gross margin & $530.2 million in revenue in the second quarter of 2022, while the second quarter of 2021 was $316 million along with a 40.8% non-GAAP gross margin. In Q2 of 2022, Enphase […] Read more
Policy Muddle, Economy Trip Up US Clean Energy Growth In Q2, Says Industry Association Updated On Thu, Jul 28th, 2022 by Saurenergy According to a report from the American Clean Power Association (ACPA), a US body of mostly energy developers, the rate of clean energy deployment slowed substantially in the second quarter. The association’s report blames policy headwinds, economic factors and trade issues for impacting project development and increasing the backlog of new project delays. The report […] Read more
First Solar Signs Global Supply Agreement With Akuo Energy For 500 MW Updated On Tue, Jul 26th, 2022 by Saurenergy US-based solar module manufacturer, First Solar has announced a new renewable energy Global Supply Agreement with Akuo Energy, a France-based independent global renewable energy player. Through this agreement, First Solar will supply 500 MW of thin film PV solar module to Akuo Energy. As per the Agreement, First Solar will provide 200 MW for a […] Read more
ZapBatt, Toshiba Collaborate On Lithium Titanium Oxide Battery Technology For Micro-Mobility Updated On Thu, Jul 21st, 2022 by Saurenergy California-based ZapBatt has joined hands with Toshiba (TOSBF). The former will be fusing its AI software technology and battery hardware with Toshiba’s lithium titanium oxide (LTO) battery cells. This will make way for a new battery option for the micro-mobility marketplace. Toshiba has said that this solution will make lithium titanium oxide a faster, smarter, […] Read more
Biliti Electric Powers World’s First Hydrogen Fuel Cell Three-Wheeler Updated On Thu, Jul 21st, 2022 by Saurenergy California-based Biliti Electric Inc, a fast-growing E-mobility company with presence across the globe, has unveiled the world’s first hydrogen fuel cell (HFC)-powered electric three-wheeler vehicle, FastMile. FastMile, which has been tested for over 6000 miles in rugged road conditions, boasts of a quick refueling time of under three minutes. At the same time, it has […] Read more
TotalEnergies, Trina Solar Head To Court In US Over 900 MW Of Missed Module Deliveries Updated On Thu, Jul 21st, 2022 by Saurenergy French energy major Totalenergies and Chinese solar manufacturer Trina Solar, find themselves in court after Totalenergies alleged breach of contract over a 900 MW modules order that its US subsidiaries placed with Trina. The case was filed by Totalenergies in Alameda County, California for orders, all deliverable in the US. Interestingly, all the orders were […] Read more
Enphase Energy Joins Hands With Trinity Care Foundation To Support Its ISEIDP Program Updated On Thu, Jul 14th, 2022 by Saurenergy The commissioning of its first project with Trinity Care Foundation’s (TCF) Integrated School Educational Infrastructure Development Program (ISEIDP) has been announced by California-based microinverter manufacturer Enphase Energy. This program is a step by Enphase India in the direction of Corporate Social Responsibility (CSR). The pilot project was launched recently at Karnataka Public School in Kudur, […] Read more
Mitsubishi Power To Employ Emerson Technologies for Largest Hydrogen Hub Updated On Thu, Jul 14th, 2022 by Saurenergy In a major announcement, Mitsubishi Power Americas has revealed that it has chosen global software and engineering leader Emerson, for the automation of the world’s largest green hydrogen production and storage facility. The industry-leading hub will facilitate the integration of renewable energy by producing and storing green hydrogen for long duration energy storage. Under the […] Read more
Wartsila Will Supply Energy Storage To One Of The World’s Largest Solar Plus Storage Project Updated On Wed, Jul 13th, 2022 by Saurenergy Wartsila, a Finland-based technology company, has signed a contract with Clearway Energy Group. Under this contract, Wartsila will provide energy storage devices totaling a 500-megawatt (MWac) / 2-gigawatt hour (GWh) portfolio. The contract encompasses five sites in California and Hawaii and represent one of the largest solar-plus-storage project portfolios in the world. According to Wartsila, […] Read more