SunPower Releases “Solid” Financial Results for Q1 2021 Updated On Mon, May 10th, 2021 by Saurenergy SunPower, a California-headquartered solar power generation and energy storage company, has released its financial results for the first quarter of 2021 ended April 4, 2021. The company’s GAAP revenue increased from $290.5 millions in Q1 2020 to $306.4 millions in Q1 2021. GAAP loss decreased by $57.6 million, including $44.7 million related to a mark-to-market loss […] Read more
German Scientists Redesign Stack to Make Cheaper Redox Flow Batteries Updated On Sat, May 8th, 2021 by Saurenergy Researchers at the Fraunhofer Institute for Environmental, Safety and Energy Technology UMSICHT, located in Germany, claim that thorough redesigning the stack, they have contrived a way to bring down production costs of redox flow batteries which are used to store renewable energy. As a result, Christian Doetsch and Lukas Kopietz from Fraunhofer UMSICHT and Dr. Thorsten Seipp […] Read more
Solid Power Raises $130 Million, Ford & BMW Expands Partnership Updated On Tue, May 4th, 2021 by Saurenergy Solid Power, maker of all-solid-state rechargeable batteries for electric vehicles (EVs) has announced raising USD 130 million in investmentments in its Series B. The investment was led by three giants including, Ford Motor Company, BMW Group, and Volta Energy Technologies. Interestingly, Ford and BMW have also extended their partnership into Solid Power to secure and […] Read more
Upgrading a Grid Connected PV System To An Energy Storage System Updated On Thu, Apr 22nd, 2021 by Saurenergy Even today, there is a widespread impression among many prospects that a solar system could mean grid independence. Unfortunately, by the time they actually understand the way most solar setups work, especially if you want the benefit of subsidies, they realise that the only way is a grid connected solar plant. However, that is changing. […] Read more
Cross Border Electricity Trade in the Age of Renewables- New Trends and Developments Updated On Tue, Apr 20th, 2021 by Saurenergy Trading in electricity, unlike what many people might know, has been an intrinsic part of trade for many regions of the world. After all, it is only a little different from the energy trading that we all understand, be it oil or gas. In markets like Europe, which have found ways to bring down barriers […] Read more
Wind Energy Could Go The Solar Way With Huge Cost Reductions by 2050 Updated On Mon, Apr 19th, 2021 by Saurenergy After a decade when it has been left playing catch up with Solar, thanks to the swift reduction in costs seen with Solar, Wind energy might yet see better days, as costs come down further. According to an article published in the journal Nature Energy, a recent global survey of 140 wind energy experts conducted […] Read more
ISGF Paper Proposes new Revenue Opportunites For Electric Utilites Updated On Sat, Apr 17th, 2021 by Saurenergy A new white paper entitled New Revenue Opportunities for Utilities, which highlights various opportunities for revenue generation for utilities through digitalising the power sector and unlocking existing infrastructure and services, has been published by India Smart Grid Forum- a public private partnership initiative of Ministry of Power for accelerated development of smart grid technologies in the […] Read more
Bangladesh Needs a Renewables Focus, Not a Switch From ‘Coal to Gas’: IEEFA Updated On Fri, Apr 16th, 2021 by Saurenergy Renewables are cheaper and more sustainable than gas imports, and can provide better energy security in developing nations The emerging markets of Bangladesh and Vietnam are alluring for foreign energy companies looking to make money in the region. But these nations stand to lose both economically and environmentally through a pivot from coal to gas. […] Read more
Syska to Participate in Carbon Finance Based Gram Ujala LED Scheme With CESL Updated On Thu, Apr 15th, 2021 by Saurenergy Syska LED has won the tender by CESL to supply LEDs for homes in rural India based on carbon finance under the Gram Ujala scheme Syska LED has announced that it has won a uniquely structured tender by public sector entity Convergence Energy Services Limited (CESL) to supply LEDs for homes in rural India based […] Read more
