First Solar Q4 FY21 financial results: net sales jump 50% Updated On Thu, Mar 3rd, 2022 by Saurenergy US solar panel manufacturer First Solar has announced its financial results for the fourth quarter and year ended December 31, 2021, reporting net sales worth $0.9 billion for the fourth quarter, an increase of $0.3 billion from the prior quarter. This 50% increase was primarily a result of international project sales and increased module sales in […] Read more
120-year-old paper mill to become battery materials gigafactory in Sweden Updated On Thu, Mar 3rd, 2022 by Saurenergy Northvolt and Stora Enso have signed a letter of intent for the purchase of the Kvarnsveden Mill and the surrounding industrial area in Borlänge, Sweden. Northvolt will develop the site into a manufacturing plant for active material and battery cells, reusing and refurbishing much of the existing facilities and site infrastructure, an official statement said. […] Read more
Tata Power Inducts Sunil Sharma to support execution of strategic transition Updated On Thu, Mar 3rd, 2022 by Saurenergy Prof. Sunil Sharma has joined Tata Power as Chief – Strategy, Innovation & Business Collaboration from March 1, 2022. Sunil Sharma is expected to bring his expertise in chartering the strategic roadmap for transformation at Tata Power, collaborating within and outside the organization to put the strategy into execution, and harnessing innovation and business collaboration […] Read more
Hopcharge launches ‘world’s first doorstep EV charging service’ in India Updated On Thu, Mar 3rd, 2022 by Saurenergy The success of electric vehicles in a developing country like India depends on the availability of quality infrastructure; to begin with – battery charging option. A Gurgaon-based start-up Hopcharge has launched doorstep electric vehicle charging service after a successful testing round in some parts of Gurgaon. This is being hailed as the world’s first on-demand […] Read more
TotalEnergies Enters 1GW Offshore Wind JV in California Updated On Thu, Mar 3rd, 2022 by Saurenergy TotalEnergies has joined Trident Winds Inc. in the Castle Wind LLC joint venture for the development of a 1 GW offshore wind project off the coast of Morro Bay, off the Central California Coast, an official statement said. The company entered the JV and acquired the shares previously held by EnBW North America, it added. […] Read more
Renewable Energy to Power First Lithium Mines of North America Updated On Thu, Mar 3rd, 2022 by Saurenergy Canadian mining major Snow Lake Lithium which has plans to open the first lithium mine in North America in the near future says the mining will be done using renewable energy completely. As per Snow Lake Lithium, the lithium resource mining will start in the province of Manitoba in Canada in 2024 or 2025. The […] Read more
MG Motor-PPG Asian Paints JV to cut CO2 emissions by 1500 tons/annum Updated On Thu, Mar 3rd, 2022 by Saurenergy MG Motor India has recently become the world’s first automotive brand to use ULTRAX Degreaser, a liquid alkaline degreasing cleaner developed by PPG Asian Paints, an official announcement said. The degreasing pre-treatment chemical launch aligns with the brand’s focus on making sustainable mobility greener, leading to a CO2 reduction of 787 tons/annum, it added. Apart […] Read more
RTC Power To make Up 5% of Renewable Power by 2025 Updated On Thu, Mar 3rd, 2022 by Saurenergy Even as India awaits its first large RTC (round the clock) renewable projects to come online, research agency CRISIL predicts that the share of RTC plants in the overall renewable (RE) capacity mix will increase from nearly nil today to over 5% by calendar 2025. The agency expects this to be achieved on the back […] Read more
Germany seeks to be 100% Renewable powered by 2035 Updated On Thu, Mar 3rd, 2022 by Saurenergy Germany has planned to expedite the renewable energy transition and become a net renewable and clean energy country by 2035. This means that Germany is bringing forward the national renewable targets by 15 years. The speedy transition to renewable energy will be shouldered mainly by the solar and wind energy projects. The Economy Ministry of […] Read more
