SolarEdge Opens 2GWh New Battery Cell Facility in South Korea Updated On Fri, May 27th, 2022 by Saurenergy SolarEdge Technologies, Inc. (“SolarEdge”), the Israel-based inverter major and SolarEdge’s subsidiary, Kokam Limited Company, a provider of lithium-ion batteries and integrated energy storage solutions, have announced the opening of “Sella 2”, a two gigawatt-hour (GWh) battery cell manufacturing facility. Located in the Eumseong Innovation City of Chungbuk, South Korea, Sella 2 is currently producing test […] Read more
EV Sales Touch New World Record But Raw Materials Could Be Spoiler Updated On Tue, May 24th, 2022 by Saurenergy The sale of electric vehicles (EV) across the world more than doubled this year against 6.6 million last year, accounting for one in 10 new cars sold, according to the International Energy Agency‘s annual report published on May 23. However, the report mentioned that the grey areas like price and supply of critical minerals could […] Read more
GoodLeap Securitizes $467 Million Residential Solar Loan Updated On Tue, May 24th, 2022 by Saurenergy Leading American Solar loan provider GoodLeap (formerly Loanpal), announced on May 23 the closure of GoodLeap Sustainable Home Solutions Trust 2022-2 following the securitisation of residential solar loans worth $467 million to approximately 11,000 homeowners. Originated on the GoodLeap platform, the securitization was underwritten by Credit Suisse and Goldman Sachs. Tanguy Serra, GoodLeap’s President and […] Read more
Air Liquide, Shell Sign 10-Year Agreement for Renewable Electricity in Italy Updated On Thu, May 19th, 2022 by Saurenergy Air Liquide has announced that it has signed a ten-year contract with Shell Energy Europe Limited for the purchase of renewable energy to power industrial and medical gas production operations in the North East of Italy. For ten years, starting 2023, Air Liquide will purchase 52 GWh per year of solar photovoltaic renewable energy from […] Read more
Hanwha invests $320M in cell, module mfg capacity expansion Updated On Thu, May 12th, 2022 by Saurenergy Hanwha Solutions, a Korean company that owns clean energy solutions provider Qcells, has announced a $320 million investment plan for solar manufacturing expansion in the United States and Korea with the aim of providing secure, cleaner energy amid mounting calls for energy security and net-zero emissions. Hanwha said it will seek to spend $170 million […] Read more
China, Europe Will Lead World To Record-breaking RE Capacity In 2022 Updated On Wed, May 11th, 2022 by Saurenergy The International Energy Agency (IEA) said today (May 11) that China and Europe would lead the world to set a new record in renewable energy capacity in 2022 after which the momentum could drop in the following year. The findings come from IEA’s Renewable Energy Market Update for May, 2022. A press release issued by […] Read more
Fast Company Recognizes Accela and NREL’s SolarAPP+ as a ‘World Changing Idea’ Updated On Tue, May 10th, 2022 by Saurenergy Cloud solutions provider Accela has announced that the online solar permitting platform launched in partnership with the U.S. Department of Energy’s (DOE) National Renewable Energy Laboratory (NREL) SolarAPP+ was selected by Fast Company for its World Changing Ideas Award 2022. SolarAPP+ implies ‘Solar Automated Permit Processing Plus.’ The Fast Company World Changing Idea Awards honors […] Read more
Battery Boom Could Redraw Geopolitical Order Updated On Fri, May 6th, 2022 by Saurenergy Russia’s invasion of Ukraine has accelerated a shift to investment in renewables and storage batteries as a way to reduce dependence on imports of fossil fuels a large part of which comes from OPEC and Russia. Dependent on Russia for supply of gas everyday, Europe and USA are desperately trying to break free and access […] Read more
Pumped hydro resurfaces when sun doesn’t shine and wind doesn’t blow Updated On Fri, May 6th, 2022 by Saurenergy When the sun doesn’t shine and the wind doesn’t blow, grid-scale energy storage will be a big challenge as climate neutrality increasingly presses for a massive scale-up. Pumped hydro is back and can catapult India into the big league to make up for the lost opportunities. Not just that, as we are seeing during the […] Read more
