Norwegian Battery Startup Freyr Signs 38 GWh Battery Deal with Japan’s Nidec Updated On Thu, Sep 1st, 2022 by Saurenergy Norway-based next generation battery developer FREYR, and Japan-based energy storage system (ESS) and high-efficiency electric motors manufacturer, Nidec Corporation, have announced the finalization of an expanded 38 GWh battery cell sales agreement for the period 2025 – 2030. The companies have also agreed to form a joint venture, in which Nidec will hold a super-majority […] Read more
Jinko Solar Ships 18.21 GW Of Modules in H1 2022 Updated On Wed, Aug 31st, 2022 by Saurenergy Jinko Solar has released its performance report for the first half of 2022. According to the report, the company’s performance improved significantly year over year in the first half of 2022, with operating revenue of 33.407 billion, up 112.44%; net profit attributable to shareholders of listed companies of 905 million, up 60.14%; and operating cash […] Read more
IKEA Owner- Ingka Group Buys 49% Stake in Swedish Wind Power Projects Updated On Tue, Aug 30th, 2022 by Saurenergy Ingka Investments, the investment arm of Ingka Group that owns IKEA stores worldwide, has announced that it has acquired a 49 per cent share in three offshore wind development projects from OX2 in Sweden for a price of €58 million. The official statement of Ingka held that the power generating potential of the three offshore […] Read more
Estonia’s Eesti Energia Evaluating €1.5 Billion Investment in Renewable Energy Updated On Tue, Aug 23rd, 2022 by Saurenergy Estonia’s government-owned power producer Eesti Energia is evaluating to invest €2.5 billion over a period of five-years in power generation business. The company officials said that out of the total investment, €1.5 billion is marked for the development of wind and solar parks in Ida-Viru County upto 2026. Estonia is among the European countries that […] Read more
GoodWe Listed Among Top 3 Hybrid Inverter Suppliers Globally by Wood Mackenzie Updated On Tue, Aug 23rd, 2022 by Saurenergy GoodWe was listed as one of the top 3 hybrid inverter suppliers globally in 2021, taking around 13% global market share according to data released by, the world’s leading authority on energy research. Since its establishment in 2010, GoodWe told that they have been continuously focusing on PV inverters and energy storage solutions and have […] Read more
Volkswagen Says E-Van ID.BUZZ Has 10,000 Orders in Advance Updated On Mon, Aug 22nd, 2022 by Saurenergy German automaker Volkswagen has said that it has received orders of more than 10,000 units for its newly launched ID. Buzz electric van. Volkswagen plans to manufacture a mere 15000 units of the electric van this year. This implies that most of its stock is already sold out before even the deliveries begin in Europe. […] Read more
Solar Capacity Additions Continue to Slow Down, July 2022 Records Barely 270 MW Updated On Thu, Aug 18th, 2022 by Saurenergy In July 2022, India added 268.06 MW of solar capacity which is 66.03% less than what India added in June 2022. If we see the total solar capacity added in July 2021, it’s 1604.63 MW. Comparing it with this year in the same period, it’s almost 83% less than the previous year. The rise in […] Read more
Explained: Bifacial Solar Panels Updated On Thu, Aug 18th, 2022 by Saurenergy While talking about solar panel installation, it is prudent to design your system to generate as much solar energy as possible. In recent times, Bifacial solar panels have been gaining prominence, thanks to more competitive prices and efficiency. A bifacial solar panel is a solar panel that can collect energy from the front side and […] Read more
India Added 1.9GW Of RE Open Access Capacity In FY22 Updated On Thu, Aug 18th, 2022 by Saurenergy The falling costs of renewable energy and the decarbonisation goals of commercial and industrial consumers are driving the uptake of renewable energy open access power. The renewable energy open access (OA) market, which has been expanding in almost all key renewables-rich states in recent years, will continue to overcome policy hurdles to grow organically in […] Read more