America’s First Solar Invests up to $1.2 Billion in Scaling Production by 4.4 GW Updated On Thu, Sep 1st, 2022 by Saurenergy First Solar, a US-based manufacturer of solar panels, has announced plans to invest up to $1.2 Billion in scaling the production of photovoltaic (PV) solar modules that are made in America and are responsibly produced. By 2025, the investment is expected to increase the company’s capacity to manufacture solar modules built in the US for […] Read more
US And Australia Ink New RE Pact To Break China’s Stranglehold Updated On Thu, Jul 14th, 2022 by Saurenergy The US has inked a pact with Australia to break China’s stranglehold on clean energy technology supplies, according to a news report published. Addressing a joint press conference, US Energy Secretary, Jennifer Granholm, and the Australian Climate Change and Energy Minister, Chris Bowen, announced a “net-zero technology acceleration partnership” that places a premium on improving […] Read more
E-Bike Maker One Electric Looks Overseas For Expansion Updated On Wed, Jun 22nd, 2022 by Saurenergy Having already set up business in eight export markets, Noida-based electric motorcycle maker, One Electric is now looking to raise $5 million and another $20 million at the end of this year to fund its overseas expansion plans, which will entail an assembly plant in Nairobi, Kenya. As per Gaurav Uppal, the chief executive, One […] Read more
US and Germany Set Offshore Wind Target Of 30 GW By 2030 Updated On Thu, Jun 2nd, 2022 by Saurenergy Close on the heels of the G7 meeting in Berlin, German and US officials last week inked a joint declaration on how to walk together in the area of climate and energy, after forming four working groups earlier this year in preparation for the partnership, two of which are specifically dedicated to offshore wind and […] Read more
One In Every Two EVs Sold Will Have Electric Powertrain By 2030 Updated On Thu, Jun 2nd, 2022 by Saurenergy Electric vehicles are gaining share so fast in China that one in every two cars sold will have an electric powertrain by 2030. The EV sales in China are projected to cross six million units by the end of this year. India is aiming to have 30 per cent of its passenger vehicle sales as […] Read more
US To Add 2.2 GW OF Solar, Wind Energy Every Month For Next 3 Years Updated On Wed, Jun 1st, 2022 by Saurenergy In a sign of the steady and sure progress being made by renewables, the federal Energy Regulatory Commission (FERC) in the US has estimated that over 97% of the new generation capacity added in the US in the first quarter of 2022 was solar and wind energy. However, in terms of generation, the two added […] Read more
Investors In Oil And Gas Assets Could Be Exposed To Increasingly Higher Risks, Says Study Updated On Tue, May 31st, 2022 by Saurenergy The ownership of over 43,000 oil and gas assets has recently been traced to reveal who ultimately loses from misguided investments that become stranded. Stranded assets mean a wealth loss for the owners of the assets. Published in the journal Nature Climate Change on May 26, the study has found the US standing top in the […] Read more
IKEA Geared Up To Enter Into US Residences With Solar Updated On Fri, May 27th, 2022 by Saurenergy IKEA will deploy residential solar systems in the United States this fall competing with Tesla in the future. IKEA will partner with US residential energy service provider SunPower Corporation to launch the Home Solar programme, which will first be introduced in the centre of US residential solar energy, California, which accounts for 40% of the […] 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
