Ford Raises Investment in EV & AV Leadership Up To $29 Billion Updated On Fri, Feb 5th, 2021 by Saurenergy US automaker Ford Motor Company has announced to increase investments in electric vehicles (EVs) and autonomous vehicles to USD 29 billion. The company ended 2020 strongly, improving its automotive and credit businesses in the fourth quarter. Speaking of their achievements, Ford President and CEO Jim Farley stated, “The transformation of Ford is happening and so […] Read more
NexWafe Lands €10 Mn Funding Round, Aims to Cut Solar Production Costs by 30% Updated On Fri, Feb 5th, 2021 by Saurenergy High-efficiency monocrystalline silicon wafer manufacturer gears up for commercialization of its wafer technology, adds veteran VC to corporate board NexWafe GmbH, today announced completion of a €10 million capital raise with participation from both existing and new shareholders. Pioneers of in-line epitaxy for production of high-efficiency monocrystalline silicon wafers, NexWafe’s EpiWafers provide solar panel manufacturers […] Read more
Renewance Receives Battery Recycling Prize from the US Department of Energy Updated On Thu, Feb 4th, 2021 by Saurenergy Illinois-based battery-lifecycle management company Renewance has been awarded for innovations in battery collection, reuse, and recycling. Battery-lifecycle management company Renewance, Inc., was one of seven recipients of the Phase II Lithium-Ion Battery Recycling Prize, awarded by the U.S. Department of Energy (DOE), on December 17, 2020. The Battery Recycling Prize supports the DOE’s Energy Storage Grand Challenge, […] Read more
Enphase Energy and Momentum Solar Expand Partnership to Include Battery Storage Updated On Thu, Feb 4th, 2021 by Saurenergy Enphase Energy, Inc., a global energy management technology company and the world’s leading supplier of microinverter-based solar-plus-storage systems, today announced that Momentum Solar, a top U.S. residential solar contractor and an Inc. 500 fastest-growing private company, will now promote and install Enphase Storage systems in addition to Enphase Solar systems as their all-in-one home energy […] Read more
Sungrow Debuts Second Generation of Three-phase Residential Inverters in Australia Updated On Thu, Feb 4th, 2021 by Saurenergy Sungrow, the global leading inverter solution supplier, launched its second generation three-phase residential inverters tailored for the Australian landscape. The comprehensive residential line-up of Sungrow’s Gen-2 three-phase inverters come in five variants – 5kW, 7kW, 10kW, 15kW and 20kW and are loaded with cutting edge technologies such as Arc Fault Circuit Interrupter (AFCI) which substantially […] Read more
Power Consumption in January Grew by Nearly 6% to 3-Month High Updated On Thu, Feb 4th, 2021 by Saurenergy India’s power consumption increased to a three-month high of nearly 6 percent at 111.43 billion units (BU) in January 2021. India’s power consumption increased to a three-month high of nearly 6 percent at 111.43 billion units (BU) in January 2021, showing a jump in economic activities. According to data made available by the power ministry, […] Read more
No Road Tax, Zero Registration Fee for EVs in Telangana From Feb 3 Updated On Thu, Feb 4th, 2021 by Saurenergy The Telangana Government has released an order on Tuesday, declaring there will be no registration fees along with no road tax for electric vehicles (EVs) in the state, effective Wednesday, February 3. The order says that 100 percent road tax and registration fee exemption would be given for the first two lakh electric two-wheelers, first […] Read more
NHDC Tenders for 25 MW Floating Solar Plants in Madhya Pradesh Updated On Thu, Feb 4th, 2021 by Saurenergy NHDC has tendered for the construction of two floating solar plants worth 25 MW at the Omkareshwar reservoir in the Khandwa, Madhya Pradesh. NHDC Ltd, a JV of NHPC Ltd and the Government of Madhya Pradesh, has issued a tender for the construction of two floating solar power plants of 13 MW and 12 MW […] Read more
As EV Costs Drop, States’ Efforts to Ease Barriers Vary Dramatically: Report Updated On Thu, Feb 4th, 2021 by Saurenergy According to a report by ACEEE, there are many states in the United States that have done little to reduce barriers for EV adoption. With transportation now the largest source of US greenhouse gas emissions, several states are taking comprehensive steps to help enable residents and businesses to use and charge electric vehicle (EV), yet […] Read more
