Flipkart Commits 100% Renewable Electricity by 2030 for Operations Updated On Thu, Dec 22nd, 2022 by Saurenergy E-commerce giant Flipkart has said that it has become the first Indian e-commerce company to commit to sourcing 100% of its electricity needs from renewable sources for its entire operations by 2030. As a part of this pledge, Flipkart has taken Climate Group’s RE100 commitment, which is a collaboration of the world’s most influential businesses […] Read more
CATL Starts Battery Cell Production In German Plant – First Outside China Updated On Thu, Dec 22nd, 2022 by Saurenergy Leading global battery supplier CATL has announced that its cell factory in Germany has begun deliveries. Contemporary Amperex Technology Thuringia GmbH (CATT), the first plant of CATL outside of China, has kicked off serial production of lithium-ion battery cells in December as scheduled. CATL said that this marks another milestone on its global journey. The […] Read more
China’s Biggest Energy Storage Facility Goes Live Updated On Thu, Dec 22nd, 2022 by Saurenergy A stand-alone energy storage station that has a capacity of 200 MW/400 MWh has been connected to the grid in China’s Ningxia. Chinese conglomerate behind the project Hithium Energy Storage made the announcement. Xiamen Hithium Energy Storage Technology Co., Ltd., is a high-tech enterprise formally established in 2019, specializing in the R&D, production and sales […] Read more
High Need for Battery Storage to Set Stage for Distributed Energy Storage Systems Updated On Thu, Dec 22nd, 2022 by Saurenergy According to Fact.MR, the global market for distributed energy storage systems is now valued at US$ 4.2 billion and is anticipated to grow quickly from 2022 to 2032, with a CAGR of 9.6%. The market is expected to expand as a result of rising per capita energy consumption and the move toward renewable sources of […] Read more
A$7.8 Bn Deal for Renewable Energy Transmission Infra in New South Wales Updated On Thu, Dec 22nd, 2022 by Saurenergy The provincial government of New South Wales (NSW) has clocked a landmark agreement of A$7.8 billion ($5.2 billion) with the Federal Government to further the renewable energy infrastructure in the province. The deal was announced by Prime Minister Anthony Albanese in the presence of NSW Premier Dominic Perrottet and is aimed at urgently stepping up […] Read more
ADB Arranges $107 Million for BIM Group to Support Wind Project in Vietnam Updated On Wed, Dec 21st, 2022 by Saurenergy The Asian Development Bank (ADB) has signed a financial package of $107 million with BIM Wind Power Joint Stock Company (JSC) to support the operation of an 88 MW wind energy farm located in Ninh Thuan province of Vietnam. The wind project lies to the south-central coast of the South East Asian country. BIM Wind […] Read more
European Utility Firm Vattenfall to Build Finland’s First Large Offshore Wind Farm Korsnäs Updated On Wed, Dec 21st, 2022 by Saurenergy Swedish state-owned power conglomerate, Vattenfall has said that it has entered into a joint venture with Metsähallitus, is a state owned enterprise of Finland, to build and operate Finland’s first major offshore wind farm. The official statement by Vattenfall held that the project, located at Korsnäs off the Finnish west coast, will have a capacity […] Read more
Global Shipments of Longi’s Hi-MO 5 Modules Exceed 50 GW Updated On Wed, Dec 21st, 2022 by Saurenergy Global solar conglomerate LONGi has announced that, as of mid-December, global shipments of its Hi-MO 5 solar module have exceeded 50 GW. The manufacturer also said that the cumulative shipments are now approaching 100 million panels. The Hi-MO 5, based on 182mm cells, was officially released in June 2020. It offers features such as adaptability […] Read more
Growatt Has New Advanced Battery For Global Energy Storage Applications Updated On Wed, Dec 21st, 2022 by Saurenergy Global distributed energy solution provider, Growatt has announced the release of one-fits-all APX HV Battery which it claims to be a leading innovation in performance, operation, protection and installation. Integrated with the soft-switching parallel connection technology, the new battery solution contributes more energy by eliminating the effect of the energy mismatch between packs. Growatt held […] Read more