First Solar Q4 FY21 financial results: net sales jump 50% Updated On Thu, Mar 3rd, 2022 by Saurenergy US solar panel manufacturer First Solar has announced its financial results for the fourth quarter and year ended December 31, 2021, reporting net sales worth $0.9 billion for the fourth quarter, an increase of $0.3 billion from the prior quarter. This 50% increase was primarily a result of international project sales and increased module sales in […] Read more
Renewable Energy to Power First Lithium Mines of North America Updated On Thu, Mar 3rd, 2022 by Saurenergy Canadian mining major Snow Lake Lithium which has plans to open the first lithium mine in North America in the near future says the mining will be done using renewable energy completely. As per Snow Lake Lithium, the lithium resource mining will start in the province of Manitoba in Canada in 2024 or 2025. The […] Read more
UN’s Antonio Guterres backs quick transition to renewable energy Updated On Wed, Mar 2nd, 2022 by Saurenergy United Nations Secretary-General Antonio Guterres has called for a faster transition to renewable energy in order to combat the rising threats of climate change. He said, “Instead of slowing down the decarbonisation of the global economy, now is the time to accelerate the energy transition to a renewable energy future.” The UN Chief shared his views in a video message […] Read more
Shell to Take 49% Stake in German Wind Developer WestWind Energy Updated On Wed, Mar 2nd, 2022 by Saurenergy Oil and gas conglomerate Shell Plc has announced to buy a 49% stake in WestWind Energy. The new investment by Shell is to develop a low-carbon power generation business in Australia. WestWind Energy is an arm of Germany’s wind farm developer WestWind Group. Shell Energy Operations wants to develop a 3 gigawatt (GW) portfolio in […] Read more
Honeywell’s 20 MW ESS For Hecate Energy in New Mexico Updated On Tue, Mar 1st, 2022 by Saurenergy Honeywell has confirmed it will supply Hecate Energy with an Energy Storage System (ESS) for a solar park located on the Jicarilla Apache Nation in Northern New Mexico. When completed later this year, the 50-megawatt (MW) solar farm will be capable of supplying enough electricity to power up to 16,000 average New Mexican homes for […] Read more
Omega Seiki Mobility, ElectroRide to Set Up 500 Dealer network in 2 Years Updated On Mon, Feb 28th, 2022 by Saurenergy Indian electric vehicle (EV) manufacturer Omega Seiki Mobility (OSM) has partnered with ElectroRide to come up with more than 500 dealerships across India. The network will be created by the end of financial year 2024. ElectroRide is an arm of Goenka Green Private Limited and OSM belongs to the Anglian Group Company. Omega Seiki Mobility […] Read more
Assam Considers Setting Up Solar Plants in Tea Estates & Factories Updated On Mon, Feb 28th, 2022 by Saurenergy Assam tea industry is looking at various ways and means to set up solar projects in the plantation areas and in the barren lands available inside the estates. An interactive meet titled “Opportunities of solar power plants in tea estates and tea factories” was organised on Friday at the Guwahati Tea Auction Centre premises. At […] Read more
Hyundai, Kia to Use Wind Farms to Power EV Charging Network in Europe Updated On Fri, Feb 25th, 2022 by Saurenergy South Korean automakers and global brands Hyundai and Kia are making new investments to enable their customers to charge their electric vehicles with clean energy. This energy will be procured from various wind farms being installed across Europe. Hyundai has announced that its ‘Charge myHyundai’ network will be integrated with green energy so that the […] Read more
UK firm Granted £912,000 to use Gravity to Store Energy at Brownfield site Updated On Fri, Feb 25th, 2022 by Saurenergy The UK government’s Department for Business, Energy & Industrial Strategy (BEIS) has granted around £912,000 in funding to London-based Gravitricity, whose patented technology uses gravity to store energy, to enable the company to set up an energy storage project in Northern England. The ‘GraviSTORE’ project is one of the five successful projects chosen under the Longer Duration Energy Storage Demonstration Programme, Stream […] Read more