Australia Steps Up New Initiatives Towards Net Zero By 2050 Updated On Thu, Aug 4th, 2022 by Saurenergy In a significant break from the previous administration, the Australian federal government has proposed legislation that will secure Australia’s pledge to reach net zero by 2050 as well as provide greater monitoring and accountability over climate change progress. The Climate Change Bill 2022, as it is known, consists of four essential provisions that the MPs […] Read more
Setting Up a Battery Manufacturing Plant: The Factors That Matter Updated On Thu, Aug 4th, 2022 by Saurenergy Battery manufacturing is one of the fastest-growing industries worldwide. A decade ago, consumers used batteries for their laptops, phones and other gadgets. Today, these energy storage devices are powering cars, medical equipment and even houses. New plants for battery production are popping up as a result. But in this realm of a gradual shift towards […] Read more
Ampt Files Two Lawsuits Alleging Patent Infringement By SolarEdge Updated On Thu, Aug 4th, 2022 by Saurenergy United States-headquartered power optimizer company, Ampt has filed two patents infringement lawsuits against SolarEdge in the United States. The lawsuit has been filed with the US International Trade Commission (ITC), asking for a restriction on imports of SolarEdge’s power systems and components infringing Ampt’s patents. At the same time, Ampt has also filed a similar […] Read more
The First Factory Of NIO In Europe Will Commence Operation Soon Updated On Thu, Aug 4th, 2022 by Saurenergy Chinese EV startup NIO has said that its first factory in Europe will be operational in September, 2022. There will be no manufacturing of cars in the new facility. The joint announcement was made by Peter Szijjarto, Minister of Hungarian Foreign Affairs and Trade, and Hui Zhang, Vice President of NIO Europe Office in Budapest, […] Read more
From $316.05M To $530.2M, Enphase Almost Doubles Revenue in Q2 2022 Updated On Thu, Jul 28th, 2022 by Saurenergy California-based microinverter manufacturer Enphase Energy has announced its consolidated results for the second Quarter ending June 2022. Enphase reported a 42.2% non-GAAP gross margin & $530.2 million in revenue in the second quarter of 2022, while the second quarter of 2021 was $316 million along with a 40.8% non-GAAP gross margin. In Q2 of 2022, Enphase […] Read more
The Top 5: Most Attractive Countries for Renewable Energy Investment Updated On Wed, Jul 27th, 2022 by Saurenergy The governments around the world are looking to accelerate and broaden the scope of their renewables programs. The investors are looking out for the most attractive countries for Renewable Energy investment. But the world stands at the turn to future of energy facing dual visions – need of self-reliance in energy sector in a highly […] Read more
Watch Out For World’s First Solar-Powered Mass Market Electric Car Updated On Tue, Jul 26th, 2022 by Saurenergy Sion, a five-seater compact family electric car wrapped with 456 solar panels except the windows, is likely to enter the assembly line in the second half of 2023, the German start-up Sono has said. The vehicle was unveiled at Munich. The company is looking to produce more than 250,000 of the vehicles over the period […] Read more
German Bank KfW Will Lend Colombia $203.8m For Green Energy Transition Updated On Tue, Jul 26th, 2022 by Saurenergy Germany will lend Columbia about USD 203.8m in two stages to help the latter achieve green energy transition and become energy-independent. According to a report, Germany’s state owned development bank KfW has released a statement that it will facilitate the loan transfer so that Columbia can rollout renewable energy projects. KfW executive Christiane Laibach has […] Read more
Volkswagen Creates Charging Station Made with Used EV Batteries Updated On Mon, Jul 25th, 2022 by Saurenergy Volkswagen has said that it has commissioned its first battery energy storage facility in Germany with reused modules from the pre-production of the Volkswagen ID.3 and ID.4. This has come at a time when the electric vehicle charging infrastructure has become central to the growth of the EV sector across the globe and countries, including […] Read more