Lithium Price Surge Leaves Car Makers Comparing LFP with NCM batteries Updated On Fri, May 13th, 2022 by Saurenergy Steep rises in battery raw materials prices since the start of 2021 have favoured a faster shift to LFP batteries for electric vehicles, over NMC batteries. Cobalt and Lithium for example have become dearer by 70% and 700% respectively. The lowest-cost pack has always been lithium-iron-phosphate, or LFP, the preferred choice of Tesla, Volkswagon and […] Read more
Soluna Raises $35M from Spring Lane Capital to Build Green Data Centers Updated On Fri, May 13th, 2022 by Saurenergy Soluna Holdings, Inc. (“SHI”) the parent company of Soluna Computing, Inc. (“SCI”), secured $35 million in project financing to develop green data centers co-located with renewable energy assets. Spring Lane Capital, a private equity firm, invested private funds in Soluna as a part of their strategy focused on hybrid project capital for sustainability solutions in […] Read more
Hanwha invests $320M in cell, module mfg capacity expansion Updated On Thu, May 12th, 2022 by Saurenergy Hanwha Solutions, a Korean company that owns clean energy solutions provider Qcells, has announced a $320 million investment plan for solar manufacturing expansion in the United States and Korea with the aim of providing secure, cleaner energy amid mounting calls for energy security and net-zero emissions. Hanwha said it will seek to spend $170 million […] Read more
Battery-powered Greek island bets on green future Updated On Thu, May 12th, 2022 by Saurenergy When deciding where to test green tech, Greek policymakers picked the remotest point on the map: tiny Tilos. Providing electricity and basic services, and even access by ferry, are all a challenge for this island of just 500 year-round inhabitants. Its most recent problem has been dealing with plastic. But authorities this week announced that […] Read more
US University Confers Inaugural Award On ReNew Power CEO Updated On Thu, May 12th, 2022 by Saurenergy Columbia University’s School of International and Public Affairs (SIPA) conferred the inaugural “Distinguished Alumni Award” on Sumant Sinha, the founder, chairman and CEO of ReNew Power. A press release issued by SIPA on May 9 reads, “Sinha, the founder, chairman, and CEO of ReNew Power, received the first Distinguished Alumni award. The awards, Alumni Association chair […] Read more
Second-hand electric cars sale double in UK Updated On Wed, May 11th, 2022 by Saurenergy According to the fresh data released by the Society of Motor Manufacturers and Traders (SMMT), the sale of second-hand electric cars have increased in the United Kingdom to almost 14,600 in the first quarter of 2022 from a mere 6,600 in the first quarter of 2021. This marks an abrupt increase of 120% considering the […] Read more
Promise To Reality- 5 Battery Breakthroughs That Could Make It To Market Soon Updated On Wed, May 11th, 2022 by Saurenergy Innovation is inevitable. As any technology evolves, so do the expectations with it. Similarly, the battery technology has also been evolving, throughout history, in the desire to make it more efficient, powerful, dependable, sustainable, and whatnot. The lithium-ion batteries-saga itself is as old as 1970s, and is still improvising. However, a big complaint from industry […] Read more
ReMo Energy Launches Green Nitrogen Fertilizer Made Using Renewable Energy Updated On Wed, May 11th, 2022 by Saurenergy ReMo Energy has announced the launch of its first commercial product, a nitrogen fertilizer that addresses the combined challenges of high fertilizer costs and climate change. ReMo Energy has been founded to make fossil-based chemicals from renewable energy. Solar and wind resources are the lowest marginal cost sources of electricity in most of the world […] Read more
Chinese UPS and Inverter Major KSTAR Opens Vietnam Plant Updated On Tue, May 10th, 2022 by Saurenergy KSTAR, the global power conversion firm, has announced that its first Vietnam manufacturing factory, called KSTAR Vietnam Project Phase I has officially topped out. Occupying an area of 47,715 square meters, KSTAR’s new Manufacturing-Base is located in Haiphong City, the biggest port city in Northern Vietnam. It’s being built to meet the surging demand of its export orders and […] Read more
