Wacker Chemie Rides Polysilicon Boost To Double Sales in 2021 Updated On Tue, Feb 1st, 2022 by Saurenergy One of the earliest global polysilicon manufacturers, German chemical group Wacker Chemie made the most of the massive surge in demand, and prices for key solar raw material polysilicon in 2021, which hit a decade high during the year. The firm doubled its polysilicon sales boosting earnings even as it coped with higher raw material […] Read more
TVS Motor Acquires 75% Stake In Largest Swiss EV Company Updated On Mon, Jan 31st, 2022 by Saurenergy TVS Motor Company has acquired a 75% stake in the Swiss E-Mobility Group (SEMG), a provider of e-mobility solutions within the DACH region that operates the largest pure-play e-bike retail chain M-way in Switzerland with close to USD 100M in revenue. The $100 million all-cash deal has been made through TVS Motor’s Singapore Subsidiary, TVS […] Read more
China Now A Superpower In Offshore Wind Too, With Highest Installs In 2021 Updated On Thu, Jan 27th, 2022 by Saurenergy Offshore Wind, one of the last renewable energy bastions where European manufacturers and countries still dominated, has finally seen China arrive in style in 2021. Figures shared across multiple sources including the National Energy Administration of China place China’s offshore wind capacity additions in 2021 at 17 GW. That figure takes total offshore wind capacity […] Read more
EU Beats 2020 RE Goal, France Lags Behind: Eurostat Updated On Fri, Jan 21st, 2022 by Saurenergy The European Union tapped renewables for 22% of its energy consumption in 2020, beating its 20% target, the EU statistics office, Eurostat, said on Wednesday. The bloc’s 27 countries are increasingly turning to wind, solar and other renewable energy sources as part of efforts to meet the EU-wide ambition of net-zero greenhouse gas emissions by […] Read more
Principal Firmware Engineer Updated On Fri, Jan 21st, 2022 by Saurenergy We are looking for a multiple firmware engineers with experience in developing firmware for controlling power electronics systems. Openings are available for senior and principal engineer positions across multiple product streams, and target markets include the Indian subcontinent, Africa and North America. Responsibilities:- Develop, implement and test cutting-edge algorithms for medium and high-power AC-DC, DC-AC […] Read more
LG Energy Solution’s $10.7 Billion IPO And Its Probable Impact Updated On Fri, Jan 21st, 2022 by Saurenergy The successful completion of LG Energy Solutions’s $ 10.8 billion IPO in South Korea values the battery maker at about $59 billion makes it the third largest listed firm on the Korean Kospi index, behind electronics giant Samsung and Hynix. The successful IPO signals just how large, and tough, the future of the battery business […] Read more
Global Floatovoltaics Market Expected to Reach 4.8 GW by 2030: Report Updated On Thu, Jan 20th, 2022 by Saurenergy Global floating solar panels market, estimated at 1.6 GW in 2021, is projected to reach 4.8 GW by 2026, finds a new study published by research company Global Industry Analysts (GIA). Floating solar panels or floating photovoltaics (FPV), which are also known as floatovoltaics, are solar panels that are mounted on a structure floating on a […] Read more
IEEFA: Skyrocketing EV Sales in China Spell a No-turning-back Step Change in Global Energy Landscape Updated On Wed, Jan 19th, 2022 by Saurenergy The jury is in. The global race between passenger electric vehicles and hydrogen fuel cells vs petrol vs diesel is over. EVs have won in China, the world’s biggest auto market, writes Tim Buckley, Director of Energy Finances Studies Australasia & South Asia, Institute for Energy Economics and Financial Analysis (IEEFA), as he gives insight […] Read more
Hero Electric, M&M Partner for EV Production, Platform Development Updated On Wed, Jan 19th, 2022 by Saurenergy Hero Electric on Wednesday said it has partnered with the Mahindra Group for electric vehicle mobility. As part of the collaboration, Mahindra Group will manufacture Hero Electric’s Optima and NYX electric models at its Pithampur plant. With this partnership along with the expansion of their existing Ludhiana facility, Hero Electric will be able to meet […] Read more
