Ganfeng, Hyundai Enter Long Term Lithium Supply Deal Updated On Fri, Jan 19th, 2024 by Saurenergy China’s leading lithium producer, Ganfeng Lithium, has announced that it has entered into a supply agreement with South Korea’s Hyundai Motor. The auto firm claims that the new deal reflects the automotive industry’s strategic move to secure raw material sources amid the electric vehicle (EV) revolution. The long-term deal entails Ganfeng supplying Hyundai with battery-grade […] Read more
Battery Usage In Transport, Power Can Abate 60% Energy Needs: Report Updated On Thu, Jan 18th, 2024 by Saurenergy A recent report by Rock Mountain Institute (RMI) found that increase usage of battery in transportation can reduce fossil fuel requirements up to half. The report found, “Demand is growing on an S-curve. Battery sales have been doubling every two to three years, and we are on track for a six to eight times increase […] Read more
Meyer Burger Announces Halt On German Manufacturing Plant, US Focus Updated On Thu, Jan 18th, 2024 by Saurenergy The massive Chinese push into Europe with the resultant high inventory levels (estimated at 90 GW, almost equal to two years of capacity additions) and low prices has claimed its first big victim. Meyer Burger Technology AG, a long-time pioneer and technology leader in the global photovoltaic industry, has prepared a plan to cut losses […] Read more
Perovskite Panel Startup Tandem PV Rolls Ahead With $6 m Funding Updated On Wed, Jan 17th, 2024 by Saurenergy US based perovskite company Tandem PV has secured US$6 million in funding to advance research and development (R&D) and plans to build its first manufacturing plant. The funding round was led by venture capital firm Planetary Technologies, an existing investor in the company, with new backers including Uncorrelated Ventures, another venture capital firm, and solar […] Read more
ARCI Develops Lead-Free Perovskite Photodetector Updated On Fri, Jan 5th, 2024 by Saurenergy Researchers at the International Advanced Research Centre for Powder Metallurgy & New Materials (ARCI) in Hyderabad, India, have innovated an organic-inorganic halide perovskite photodetector utilizing magnesium as a partial substitute for lead. The ARCI breakthrough represents a major stride in enhancing the safety of solar energy generation. Lead is a heavy metal that has highly […] Read more
In 2024, US-China Trade Tensions Likely To Cast Shadow Over EV, PV Supply Chains Updated On Fri, Jan 5th, 2024 by Saurenergy Short of an unprecedented rapprochement, the EV sector looks set to be headed into some potholes in 2024. The reason is heightening tensions between the US and China, as both countries ratchet up measures to assert control over their respective strengths. For China, it is its huge dominance of the EV supply chain, from batteries […] Read more
EIB Backing of €400 million For Green Renewable Energy Developer Updated On Wed, Jan 3rd, 2024 by Saurenergy Greek renewable energy developer Mytilineos has secured backing from the European Investment Bank (EIB) for €400 million (US$437 million) to support its solar and battery storage development plans. Mytilineos has a broader plan for the development of 2.6GW of solar PV and storage assets across the EU through 2027. The total sum of the investment […] Read more
Use Of Critical Mineral In Electric Vehicles Can Enhance Battery Life: IEA Updated On Fri, Dec 29th, 2023 by Saurenergy The International Energy Agency (IEA) released a report analyzing the use of critical minerals in electric vehicles and found the use of critical minerals important in improving transparency in the supply chain.It mentions that to make the supply chain of critical minerals transparent, it requires that the companies that manufacture them purchase clean energy technologies. […] Read more
My Vote Goes To String PV Inverters Against Central Inverters: Kevin George, Regional Sales Head, GoodWe Updated On Fri, Dec 29th, 2023 by Saurenergy GoodWe is a leading global manufacturer and innovator of residential and commercial smart solar inverters, energy storage solutions and PV building materials. The brand stood among the top three solar PV inverters in Europe in 2022. Kevin George, Regional Sales Head, GoodWe (solar inverters in residential, C&I and utility sector) sheds light on the offerings […] Read more