Fisker Inc Opens India HQ in Hyderabad Updated On Thu, Apr 14th, 2022 by Saurenergy California based electric vehicle company Fisker Inc has announced to have set up its India headquarters in Hyderabad, Telangana. The operating entity in India will be called Fisker Vigyan India Pvt Ltd. and the company has said in its official statement that it will focus on software and virtual vehicle development support functions. The New […] Read more
Canada’s e-Zinc raises $25 M to advance long-duration energy storage Updated On Tue, Apr 12th, 2022 by Saurenergy Canadian energy storage solutions provider e-Zinc has raised USD $25 million in Series A financing led by Anzu Partners, with additional funding from BDC Capital, Toyota Ventures, and Eni Next. Existing investors, including Seed Round lead investor Energy Foundry, also participated. e-Zinc will use this funding to commence the pilot production of its first commercial […] Read more
Top 5 US solar parks Updated On Fri, Apr 8th, 2022 by Saurenergy Solar power is more affordable, accessible and widely used in the United States today than it was ever before. The progress and potential of solar power development in the country is staggering. Solar power capacity of the US has grown from approximately 0.34 GW in 2008 to approximately 97.2 GW in 2021. Markets for solar […] Read more
Enphase Energy Expands Manufacturing Capacity with Flex in Romania Updated On Tue, Apr 5th, 2022 by Saurenergy California-headquartered Enphase Energy, an energy technology company and supplier of microinverter-based solar and battery systems, has announced the expansion of its nearly 15-year relationship with global diversified manufacturer Flex®. Starting in the first quarter of 2023, Flex’s factory in Timisoara, Romania, will begin manufacturing Enphase® microinverters for the European market, addressing the region’s rapid growth […] Read more
Australia’s Woodside Petroleum to Fund Heliogen’s CSP Technology Updated On Wed, Mar 30th, 2022 by Saurenergy Heliogen, a provider of AI-enabled concentrated solar energy, and Woodside Energy, a wholly-owned subsidiary of Australian energy producer Woodside Petroleum Ltd, have announced a project agreement for the commercial-scale demonstration deployment of Heliogen’s AI-enabled concentrated solar energy technology proposed to be built in Mojave, California. The project agreement follows the previous announcement by Woodside to […] Read more
U.S. to consider tariffs on solar panels made in Southeast Asia Updated On Tue, Mar 29th, 2022 by Saurenergy U.S. trade officials on Monday said they will launch an investigation that could result in tariffs on solar panels imported from four Southeast Asian nations, a blow to clean energy project developers that rely on cheap imports to keep costs down. The Commerce Department’s decision regarding imports from Malaysia, Thailand, Vietnam and Cambodia was a […] Read more
U.S. energy storage market sets Q4 record for new installations: WoodMac Updated On Fri, Mar 25th, 2022 by Saurenergy The U.S. energy storage market set a new record in the fourth quarter of 2021, with new system installations totalling 4,727 megawatt hours (MWh). According to Wood Mackenzie, a Verisk business, and the American Clean Power Association’s (ACP) latest U.S. Energy Storage Monitor report, recently released, Q4 2021 saw more capacity installed than in the […] Read more
SK E&S acquires EverCharge, sets foot in US EV charging market Updated On Thu, Mar 24th, 2022 by Saurenergy Korean LNG player SK E&S is entering the U.S. electric vehicle charging market, an official announcement said. On March 23, SK E&S announced the acquisition of EverCharge, an EV charging solution provider in the U.S. This is reportedly the first time a Korean company has acquired the management rights of an EV charging company based in the U.S. […] Read more
“We are looking at a significant market share in India”, Sunil Thamaran, Enphase Energy Updated On Sat, Mar 19th, 2022 by Saurenergy The Fremont, California Headquartered Enphase Energy has always travelled the path less travelled. Started in 2006, the solar inverter technology firm went the micro-inverter route, instead of the conventional industry move towards string inverters. Over time, the move has paid rich dividends, with the firm closing 2021 with revenues of $1.38 billion, a strong 78.5% […] Read more