Meyer Burger Expands ‘Made in USA’ Solar Cells with 2 GW Colorado Springs Facility Updated On Tue, Jul 25th, 2023 by Saurenergy Switzerland-based heterojunction solar panel maker Meyer Burger Technology AG recently unveiled plans to set up a high-performance solar cell manufacturing facility in Colorado Springs, Colorado. The establishment will have an initial production capacity of 2 gigawatts (GW) of solar cells per year. Meyer Burger intends to use solar cells manufactured in the new plant exclusively […] Read more
Israeli Researchers Introduce AI-Designed Solar Panel Promising More Efficiency Updated On Mon, Jul 24th, 2023 by Saurenergy Researchers at the Bar-Ilan University near Tel Aviv have produced a solar panel consisting of 676 different materials that convert the sun’s energy into electricity. It is part of the new class of solar panels developed from AI-based materials science, which means that artificial intelligence (AI) designs the materials in the panels. The AI design […] Read more
9 EV Financing Startups in India Accelerating EV adoption Updated On Fri, Jul 21st, 2023 by Saurenergy The electric vehicle (EV) revolution in India is gaining momentum, driven by technological advancements, environmental consciousness, and government initiatives. With growing awareness of its benefits, electric vehicles (EVs) are emerging as a promising choice for prospective vehicle buyers. In the first half of CY2023, the EV sales crossed the 100,000-unit mark on average each month, […] Read more
Four G20 Countries Have Higher GHC Emissions: Report Updated On Fri, Jul 21st, 2023 by Saurenergy The NITI Aayog recently released a report on decarbonizing transport among the G20 countries. The report attributed the rise of transportation emissions to the surge in motorization across these countries. The report also claimed that four G20 countries have the higher GreenHouse Gases (GHG) emissions per KwH. Describing growth in grid emission among the G20 […] Read more
O2 Power Steps up Supply to Dr. Reddy’s Laboratories with 17.82 MW Solar, 27 MW Wind Updated On Thu, Jul 20th, 2023 by Saurenergy Renewable energy platform, O2 Power has stepped up its renewable energy agreement with Dr. Reddy’s Laboratories, a leading multinational pharmaceutical firm. The initial agreement paved the way for the supply of 15 MW of renewable power from O2 Power’s plants in Telangana. This has now been augmented to an additional 17.82 MW of solar capacity […] Read more
Masdar Raises US$750 Million Green Bond Updated On Thu, Jul 20th, 2023 by Saurenergy Abu Dhabi Future Energy Company PJSC – Masdar announced the successful completion of its first green bond issuance for US$750 million 10-year senior unsecured Notes today. Showing positive appetite from regional and international investors, the order book peaked at US$ 4.2 billion, i.e. oversubscription of 5.6x. Pricing tightened 35 bps between launch and final terms, […] Read more
Azure Power Announces its New CEO in Sunil Gupta Updated On Wed, Jul 19th, 2023 by Saurenergy Independent Power Producer Azure Power has onboarded Sunil Gupta as its new Chief Executive Officer. Sunil brings to the table global experience in renewable energy, new energy, and digital technologies. His career spans over two decades of experience in managing growth, operational excellence, and profitability of global renewable energy businesses. In his previous role, Sunil was […] Read more
Hydrogen Project HyNCREASE in Germany Qualifies for European Grant Updated On Tue, Jul 18th, 2023 by Saurenergy The European Commission has picked out 41 projects to prepare grant agreements to enable firms dabbling in segments such as energy-intensive industries, hydrogen, renewable energy, and manufacturing components for energy storage and renewables. The EU has dedicated EUR 3.6 billion to enable the various firms to bring innovative technologies to the market. The grants are […] Read more
MeyerBurger Snaps Up €200 Million From EU Innovation Fund For 3.5 GW Solar Manufacturing Updated On Tue, Jul 18th, 2023 by Saurenergy Meyer Burger Technology AG, through its group company Meyer Burger (Industries) GmbH, submitted a funding application for EUR 200 million in the EU-wide selection process of the European Innovation Fund in March 2023. The project “HOPE” (High-efficiency Onshore PV module production in Europe) submitted by Meyer Burger has prevailed as eligible for funding, the EU […] Read more
