Hyundai to Invest $100 M in Solid-state Battery Developer Solid Energy Updated On Thu, Jul 8th, 2021 by Saurenergy Hyundai Motor Co, a South Korean automotive manufacturer of international repute, will invest USD 100 million in solid-state battery specialist Solid Energy System (SES) corporations, according to recent media reports. The company appears to have signed an equity investment agreement with SES. A spin-off from the Massachusetts Institute of Technology (MIT), Solid Energy has developed a prototype lithium metal […] Read more
Pakistan’s ending Coal Imports to hit South African coal’s prospects: IEEFA Updated On Mon, May 31st, 2021 by Saurenergy The growing and irreversible risks being faced by South African coal exporters As Thungela Resources’ CEO attempts to talk up the future of the Anglo American coal spin-off, South Africa’s second largest coal export destination Pakistan is planning to bring coal imports to an end. Thungela CEO July Ndlovu recently stated that a “just transition” […] Read more
South Korean Scientists Work to Lower H2 Storage & Transportation Costs Updated On Wed, May 19th, 2021 by Saurenergy In a recent study published in Renewable and Sustainable Energy Reviews, a team of scientists at Gwangju Institute of Science and Technology (GIST) explore the possibility to trap hydrogen inside ice-like crystals to make its storage and transportation less demanding. Hydrogen (H2) is increasingly being posited as a key clean fuel for our transition to an […] Read more
Hyundai Motor Group to Invest $7.4 billion in U.S. EV industry by 2025 Updated On Fri, May 14th, 2021 by Saurenergy In a press release yesterday, Hyundai Motor Group (HMG), comprising Hyundai Motor Company and Kia Corporation, announced its plan to invest $7.4 billion in the U.S. by 2025 to produce future EVs, enhance production facilities and further its investments in smart mobility solutions. The group’s investment will enhance overall product competitiveness by prioritising future mobility technologies, […] Read more
Global Finance is Mobilising to Meet East Asia’s Net-Zero Ambition: IEEFA Updated On Wed, May 12th, 2021 by Saurenergy Bolder emissions reduction targets by China, Japan and South Korea threaten Australian fossil fuel exports Chinese President Xi Jinping’s surprise announcement at the UN General Assembly in September 2020 that the world’s biggest emitter would become carbon neutral by 2060 has proved pivotal, writes Tim Buckley, IEEFA’s Director Energy Finance Studies, Australia/South Asia, in a […] Read more
Bloom Energy Installs its First Green Hydrogen-Powered Fuel Cells Updated On Wed, Apr 28th, 2021 by Saurenergy California-headquartered Bloom Energy announced yesterday that it has successfully deployed 100 kilowatts of solid-oxide fuel cells (SOFC) powered solely by hydrogen in Ulsan, South Korea, generating zero-carbon onsite electricity. For this project, the firm had worked in collaboration with its Korean partner, SK Engineering & Construction Co., Ltd., an affiliate of SK Group. The installation […] Read more
GoodWe Signs a 100MW Solar Inverter Supply Agreement with GS Global Updated On Mon, Mar 15th, 2021 by Saurenergy GoodWe, a world-leading PV inverter and energy storage solutions manufacturer, has signed a 100MW distribution agreement with GS Global, a Fortune 500 company. Founded in 1954, GS Global is at the forefront of GS group’s global business. Headquartered in Seoul, South Korea, the company operates a global international business network in more than 30 regions. […] Read more
Risen Energy Boosts Market Share with Its 210 Wafer-Based Titan Series Modules Updated On Thu, Feb 25th, 2021 by Saurenergy The year is off to a good start at solar panel maker, Risen Energy Co., Ltd., with the first export shipment of its 210 wafer-based Titan series modules, auguring excellent growth prospects for the firm in global markets. Risen Energy has completed the delivery of the world’s first 210 module order consisting of the high-efficiency Titan […] Read more
FTM Storage Costs to Decline 30% by 2025 in Asia Pacific: WoodMac Updated On Wed, Jan 20th, 2021 by Saurenergy All-in FTM battery storage system costs in Asia Pacific markets could decline by more than 30 percent by 2025, as per Wood Mackenzie. All-in front-of-the-meter (FTM) battery storage system costs in Asia Pacific markets could decline by more than 30 percent by 2025, according to research and consultancy firm Wood Mackenzie. Storage system prices fell […] Read more
