Navitas Semiconductor to Begin Trading on Nasdaq on Oct 20 Updated On Wed, Oct 20th, 2021 by Saurenergy California-based solar equipment supplier Navitas Semiconductor has announced the completion of its business combination with Live Oak Acquisition Corp. II. Live Oak II stockholders overwhelmingly approved the transaction on October 12, 2021 with over 98% approval rating. Gallium nitride (GaN) is a next-generation semiconductor technology that is said to run up to 20x faster than […] Read more
Singareni Collieries Tenders for PMC For 250 MW Floating Solar Project Updated On Tue, Oct 19th, 2021 by Saurenergy Telangana-based Singareni Collieries Company Limited (SCCL), a JV between the Government of India and the Government of Telangana, has issued a tender calling for Project Management Consultancy for a 250 MWp (DC) floating solar at Lower Manair Dam (LMD), Karimnagar. For Singareni Collieries Company Limited (SCCL), which recently inaugurated 37 MW of solar plants at […] Read more
Belgian Cabinet Agrees to Expand Key Offshore Wind Zone to 3.5 GW Updated On Mon, Oct 18th, 2021 by Saurenergy The Belgian government has confirmed plans to expand the offshore wind capacity that will be made available in the Princess Elisabeth zone in the North Sea to up to 3.5 GW. The area was originally planned to host about 1.75 GW of offshore wind capacity. Covering an area of 281 sq km, Princess Elisabeth will […] Read more
Bill Gates Backed Iron Battery Firm ESS Listed on NYSE Updated On Tue, Oct 12th, 2021 by Saurenergy Large Battery firm ESS, with its listing on the New York Stock Exchange (NYSE), can now claim to be the first publicly traded long duration storage company in the world. The firm, which went public through a SPAC (Special Purpose Acquisition Company) with Acon S2 Investment Corp. has started trading on the New York Stock […] Read more
ESS, SB Energy to Deploy 2 GWh Long-Duration Storage in US Updated On Mon, Oct 11th, 2021 by Saurenergy ESS, a U.S. manufacturer of long-duration batteries, has entered into a framework agreement with SB Energy, a wholly owned subsidiary of SoftBank Group Corp, to deploy two gigawatt-hours (2 GWh) of ESS batteries through 2026. The agreement demonstrates ESS and SB Energy’s shared commitment and vision of a global shift to renewables and decarbonization of […] Read more
Rooftop Solar to Supply 25-49% of Global Electricity Needs by 2050: Study Updated On Thu, Oct 7th, 2021 by Saurenergy Owing to improved deployment capability and reduced costs, rooftop solar photovoltaics (PV) technology, such as roof mounted solar panels used in home, commercial and industrial buildings, is currently the fastest deployable electricity generation technology. According to a new report, it is projected to supply 25–49% of global electricity needs by 2050. Despite these predictions, a […] Read more
China’s Green Bond Issuance in 2020 Was 2nd Largest at $44 B: Report Updated On Wed, Oct 6th, 2021 by Saurenergy Total green bond issuance from China during 2020 reached $44 billion, a 21% decrease from the $55.8 billion achieved in 2019, revealed a new report produced by Climate Bonds Initiative (CBI) & China Central Depository & Clearing Research Centre (CCDC Research). Launched with the support of HSBC, the “China Green Bond Market 2020 Research Report” […] Read more
An Electric Drive On Leh-Manali Route Possible, as 18 EV Stations Come Up On Route Updated On Tue, Oct 5th, 2021 by Saurenergy Shuchi Anant Virya, the joint venture company between India’s largest EV based mobility solutions provider, Lithium Urban Technologies and Fourth Partner Energy, the solar enterprise focused on commercial and industrial businesses, today announced the setting up of a network of electric vehicle charging points along the Manali-Leh route in the Ladakh region, thereby enabling EV […] Read more
EIB Grants Ørsted €500 M Loan for Green Energy Projects Updated On Thu, Sep 30th, 2021 by Saurenergy The European Investment Bank (EIB) has signed a EUR 500 million loan with Danish energy company Ørsted to support its increased capex programme on renewable energy projects, and the conclusion of the Borssele 1 & 2 wind farms off the Dutch coast with a long-term commitment from the EIB. The EIB issues long-term loans on […] Read more
