Recycling technology firm Nth Cycle Raises Fresh Funding of $12.5 million Updated On Wed, Feb 16th, 2022 by Saurenergy Nth Cycle, the innovative metal processing and recycling technology company, has announced the closing of its $12.5 million Series A financing, co-led by the investment arm of Frankstahl, one of the largest privately held steel distribution companies in Europe, and VoLo Earth, a Colorado-based venture firm focused on climate solutions. Nth Cycle is disrupting the critical mineral supply chain necessary for electric […] Read more
After a bruising 2021, Wind Energy suppliers hope for a better 2022 Updated On Tue, Feb 15th, 2022 by Saurenergy 2021 was a difficult year for the Wind energy industry. Manufacturers were hit by rising costs, supply chain issues, and even low wind speeds. Heavyweights like General Electric (GE), Siemens, and Orsted, saw their profits dwindling in 2021. Impact on Businesses The impact on business in the wind energy was best exemplified by Siemens Gamesa, […] Read more
Fraunhofer ISE Settles Solar Patent Infringement Cases Out of Court Updated On Mon, Feb 14th, 2022 by Saurenergy The Fraunhofer Institute for Solar Energy Systems ISE, based in Germany, has reached out-of-court settlements with inverter manufacturers in seven patent infringement cases to date. The sued companies from China, Taiwan and Germany had infringed the patent on the HERIC® topology invented at the Institute in 2002, said Fraunhofer ISE. The HERIC® (Highly Efficient and Reliable […] Read more
European Scientists Set Nuclear Fusion Energy Record Updated On Fri, Feb 11th, 2022 by Saurenergy European scientists on Wednesday announced fresh progress in the drive to make nuclear fusion a practical, safe and clean energy source, saying an experiment at a site in England set a record for the amount of fusion energy produced, more than doubling the previous mark. Researchers said they achieved 59 megajoules of sustained fusion energy […] Read more
Australian Renewables Spree Meets Farmers’ Resistance Updated On Thu, Feb 10th, 2022 by Saurenergy Australian farmers are battling the ongoing renewable power expansion projects of the country as they say that the projects are ill-conceived and could upend their livelihood and also the ecology. The cultivators in the key farm states like Victoria and New South Wales are wary about the factors of production – linked to their farms […] Read more
MNRE Extends BIS Certification Deadline for Solar Inverters till June 30 Updated On Wed, Feb 9th, 2022 by Saurenergy The Ministry of New and Renewable Resources (MNRE) has once again extended the time granted to solar inverter manufacturers to obtain self-certification under the Bureau of Indian Standards (BIS). The new notification extends the deadline till June 30, 2022. The decision from the Ministry comes as a result of the industry requesting more time from […] Read more
Boom In LFP Battery Use On The Way, But Not Without Hurdles Updated On Tue, Feb 8th, 2022 by Saurenergy With wider adoption by some of the industry heavyweights, Lithium Iron Phosphate or LFP battery technology is set to flourish in the very near future. Its growing acceptance in the global market has strengthened the technology’s foothold in the automotive industry. Strength of LFP It’s noteworthy that the transition will be much easier because of […] Read more
Polysilicon Woes in Solar PV Markets to End Within 18 Months: Rethink Updated On Tue, Feb 8th, 2022 by Saurenergy The solar squeeze of 2021 will be ended by a surge of new polysilicon production capacity coming online in the next two years, according to new research from Rethink Energy. In the paper, Polysilicon Manufacturing forecast to 2030, the research firm outlines how fears that we may have passed the trough of solar costs during […] Read more
Charged Up! EV Sales to Hit One Million Per Month Mark Soon Updated On Tue, Feb 8th, 2022 by Saurenergy After a record-setting milestone of electric vehicles sales, almost doubling in 2021 to 6.6 million compared to 3 million of a year earlier, a more ambitious question emerges. When will the EV sales hit a million per month milestone? The year 2021 was the harbinger for electric vehicles. The market hit an all time high […] Read more