China Belt & Road Initiative Brings 128GW Power Capacity: Wood Mackenzie Updated On Thu, Nov 23rd, 2023 by Saurenergy A latest report from Wood Mackenzie said that Chinese companies completed over 300 overseas power projects. This was despite challenges causing over 20% of projects to be cancelled or shelved. The report said that these Chinese firms have made an estimated investment value of around US$200 billion, over these 300 projects. The East Asian country […] Read more
US Continues Clean Energy Support With $3.5 Billion For Battery Manufacturing Updated On Fri, Nov 17th, 2023 by Saurenergy As part of its Bipartisan Infrastructure Law, the Biden administration in the US has announced a new round of federal funds to underpin a strong domestic manufacturing. Administered by the Department of Energy (DoE) this $3.5 billion package is the second part of a large $6 billion-plus program that started awarding funds to applicant firms […] Read more
Saudi Power Procurement Firm Issues Tender for 3.7GW PV Projects Updated On Tue, Nov 14th, 2023 by Saurenergy Saudi Arabia has issued a tender inviting bids for solar projects under four new PV initiatives. Together these initiatives will account for solar energy worth 3.7 GW under the National Renewable Energy Programme (NREP). The Saudi tender has been issued by Government-owned entity, Saudi Power Procurement Company (SPPC). The Saudi tender’s RFQ encompasses four projects, […] Read more
Global Solar Investments Increased By 2% In Last 8 Years: Report Updated On Mon, Nov 6th, 2023 by Saurenergy A latest report by the International Solar Alliance (ISA) stated that global investment in solar increased by an average of around 2 percent over the last eight years. It added that, on the contrary, fossil fuels are still receiving a major share at nearly a trillion dollars annually. The report put the investment in the global energy sector […] Read more
LONGi Announces Developing 33.9% Efficiency With Perovskite Updated On Mon, Nov 6th, 2023 by Saurenergy Chinese solar module manufacturer–LONGi claimed to have developed a 33.9 percent efficiency in crystalline silicon-perovskite tandem solar cells. It is reported that the previous world record was 33.7% and was conducted by King Abdullah University of Science & Technology (KAUST) in May this year. According to the latest certification report of the US National Renewable […] Read more
Zero Emission Vehicle Can Reduce Emission By 80% In US: NREL Updated On Fri, Nov 3rd, 2023 by Saurenergy A latest report from the National Renewable Energy Laboratory (NREL) stated that the adoption of zero-emission electric vehicles (EV) in the US would allow the nation to move closer to an 80% or more drop in transportation-related greenhouse gas (GHG) emissions by 2050. This, the report said would lead to a drop of the emissions […] Read more
Cosmos Innovation Bags $19.7mn For Perovskite Silicon Tandem Fab Platform Updated On Fri, Oct 20th, 2023 by Saurenergy Singapore based Cosmos Innovation, an AI-first company building next-generation perovskite silicon tandem (PST) solar cell technology, today announced raising $19.7 million in total funding. Founded by Vijay Chandrasekhar and Joel Li, the firm raised its Series A round with participation from Xora Innovation, an early-stage, deep-tech investment platform of Temasek, headquartered in Singapore. Other investors joining […] Read more
Qcells America Completes 2 GW Plant Expansion In US Updated On Thu, Oct 19th, 2023 by Saurenergy Qcells, the clean energy solutions provider, has announced the successful completion of its Dalton, Georgia, factory expansion. Qcells added 2 gigawatts (GW) of solar capacity to Dalton, bringing the full factory’s output to more than 5.1 GW. The firms claims that the Qcells Dalton factory is the largest manufacturing plant of its kind in the Western […] Read more
Germany’s 1Komma5° To Set Up 5 GW TOPCon Plant Updated On Tue, Oct 10th, 2023 by Saurenergy Hamburg-based energy startup 1Komma5°, which prides itself on making modules using Made in Germany polysilicon, has announced plans for a 5 GW tunnel oxide passivated contact (TOPCon) module assembly plant in Germany.\ Founded in 2021, 1Komma5° successfully rolled out the first of its modules at the end of 2022. For its software application, 1Komma5° secured […] Read more
