LONGi Continues Expansion Drive with New Solar Cell Plant with USD508 Mn Investment Updated On Tue, Apr 11th, 2023 by Saurenergy Maker of monocrystalline solar wafers, Longi Green Energy Technology has revealed that it will invest CNY 3.5 billion (USD508 million) towards the establishment of a new photovoltaic cell factory. This is with a vision to augment the firm’s high-efficiency battery output. The new unit is to be established in Tongchuan, northwestern Shaanxi province. It will […] Read more
Crash in Lithium Prices: A Boon for EV Buyers or Unsustainable Trend? Updated On Tue, Apr 4th, 2023 by Saurenergy Prices of the so-called ‘White Gold’ has been declining for the past few months. Lithium is a common ingredient in almost all electric-car batteries we use today. The drop in commodity prices has made it easier for carmakers to cut prices for electric vehicles. For instance, last month, Tesla lowered the prices of its two […] Read more
Australian Renewable Energy Agency Invites EOI For Grid-Connected Community Batteries Updated On Tue, Apr 4th, 2023 by Saurenergy Last year, Australia’s government made an announcement about the $200 million in grant funding for the Community Batteries for Household Solar Program. The initiative is aimed at delivering community batteries to lower electricity bills and emissions while also aiding storage of excess solar energy, and curbing grid pressure. Now, a new round of grant funding […] Read more
CEEW Study Flags Concentration Of Clean Energy Manufacturing As Global Risk Updated On Tue, Apr 4th, 2023 by Saurenergy Two studies conducted by the researchers at the Council on Energy, Environment and Water (CEEW) have batted for an interrupted and affordable supply of critical clean energy technologies across the globe. The report said this was needed for achieving the Sustainable Development Goals (SDGs) and for a risk-free energy transition towards renewable energy. The Indian […] Read more
Will Europe’s Mega Solar Manufacturing Plans Deliver On Promise? Updated On Tue, Apr 4th, 2023 by Saurenergy In a recent move that is helping Europe’s solar manufacturing industry gather momentum in an unprecedented way, the European Commission has announced state finance for clean tech manufacturing. This is to be achieved by way of the Green Deal Industrial Plan (GDIP) for European Union. The GDIP will speed up projects by easing up the […] Read more
Battery Recycling Startup-Metastable Bags Seed Funding Under Scale-Up Programme Updated On Mon, Apr 3rd, 2023 by Saurenergy Metastable, a deep-tech battery recycling startup, has raised seed funding under Sequoia Capital Asia’s rapid scale-up programme, ‘ Surge’. The Bengaluru-based urban mining company works towards extracting crucial elements of Lithium-ion batteries up to the optimal level. In a release to the media, the firm said that it had raised seed funding through the programme. […] Read more
GIG, Shell Energy To Deliver 200MW Australian Energy Storage System Updated On Fri, Mar 31st, 2023 by Saurenergy Green Investment Group (GIG) and Shell Energy Operations (Shell Energy) have partnered to deliver a utility-scale battery energy storage system (BESS) in Cranbourne, Victoria. GIG belongs to Macquarie Asset Management. GIG said that once fully operational, the 200MW / 400MWh Rangebank BESS will have the storage capacity to power the equivalent of 80,000 homes across […] Read more
Ascend Elements Opens Largest EV Battery Recycling Facility of North America Updated On Fri, Mar 31st, 2023 by Saurenergy As recycling continues to emerge as a key pillar of the Lithium battery question, Ascend Elements has opened its first commercial-scale lithium-ion battery recycling facility this week. The facility is claimed to be the largest in the US, the world’s largest auto market. Ascend Elements said that located in Covington, Georgia, the $50 million Base […] Read more
Agilitas Energy Acquires Texas Energy Storage Systems Portfolio for $75 Million Updated On Wed, Mar 29th, 2023 by Saurenergy American solar PV and storage conglomerate Agilitas Energy will be acquiring a portfolio of six standalone energy storage system (ESS) projects in the Greater Houston in Texas from Californian player Gulf States Renewable Energy, which is a subsidiary of GSR Energy. The official statement of Agilitas Energy held that the deal value about $75 million […] Read more