Minerals firm ICL To Invest $400 Million in Lithium Battery Materials Facility in US Updated On Fri, Oct 21st, 2022 by Saurenergy Global minerals conglomerate ICL has announced that it plans to build a $400 million lithium iron phosphate (LFP) cathode active material (CAM) manufacturing plant in St. Louis, USA. ICL held that this is expected to be the first large-scale LFP material manufacturing plant in the United States. ICL was awarded $197 million through the Bipartisan […] Read more
DOE Awards $100 Million to Group14 Technologies for Battery Production Updated On Thu, Oct 20th, 2022 by Saurenergy Group14 Technologies announced that it has been selected as a recipient of the first set of projects funded by US President Joe Biden’s ‘Bipartisan Infrastructure Law’ to expand domestic battery manufacturing for electric vehicles and the electrical grid. Group14 held that it will receive $100 million for battery materials processing and battery manufacturing to support […] Read more
Insurer Claims US Renewables Suffered Worst Summer of Losses Updated On Wed, Oct 19th, 2022 by Saurenergy GCube insurance, a leading underwriter for renewable energy projects has highlighted the financial impacts of Extreme Weather and Natural Catastrophe events that are outpacing the development of mitigation strategies in the North American renewables market. That might mean that insurance premiums will also keep pace with the overall rise in costs the industry, particularly solar […] Read more
EV Manufacturer Saera Inks Agreement with Lohia Machines Updated On Fri, Oct 14th, 2022 by Saurenergy Delhi-based electric vehicle manufacturer, Saera Electric Auto Private Limited (SEAPL) has expanded its growth by entering into a contract manufacturing agreement with iconic two-wheeler manufacturer Lohia Machines Limited (LML). LML is making its comeback into the Indian market with the production of electric vehicles, which will be manufactured in the Saera Electric Plant in Bawal […] Read more
EE North America To Develop 10 GW Of RE Projects In US By 2026 Updated On Thu, Oct 13th, 2022 by Saurenergy EE North America has announced its ambition to develop 10 gigawatts (GW) of renewable energy in the United States by 2026. It claims to be a market leader in the development of solar, wind and Power-to-X projects, which can produce green hydrogen, e-methanol and jet fuel. EE North America is a subsidiary of the Copenhagen-based […] Read more
Orlando’s iAIRE Launches New Patented Solar HVAC Updated On Fri, Oct 7th, 2022 by Saurenergy Orlando-based designer and manufacturer of customized solutions for cleaner air and reduced energy costs, iAIRE has launched its patented Solar HVAC for homes and businesses across all industries in the USA. This is to provide Americans access to high-quality and energy-saving resources. iAIRE says that its technology not only saves money on equipment, installation and […] Read more
ONE To Invest $1.6 20 GWh In Michigan Cell Factory Updated On Fri, Oct 7th, 2022 by Saurenergy Michigan-based energy storage technology company Our Next Energy (ONE) will be investing $1.6 billion in a new battery cell manufacturing plant, called ONE Circle, in Van Buren Township, Michigan. Once operational it will have an annual full capacity of 20 GWh by the end of 2027 which will be equivalent to 200,000 electric vehicle battery […] Read more
Iron-Air Battery Maker Form Energy Secures $450 million for Energy Storage Technology Updated On Thu, Oct 6th, 2022 by Saurenergy In a fresh announcement, iron-air battery maker Form Energy, based in Massachusetts, United States has said that it has secured a $450 million Series E financing led by American investment firm TPG Rise. TPG Rise is making the investment through TPG Rise Climate, its dedicated climate investing strategy, and The Rise Fund, its longstanding, multi-sector […] Read more
China’s Solar Dominance: How Key Consumer Markets Are Adapting Updated On Mon, Oct 3rd, 2022 by Saurenergy Governments across the globe are increasingly investing in various sources of new and renewable energy to reach their targets of either achieving carbon neutrality or reducing emissions considerably to help realise the goal of the Paris agreement – limiting the rise in global temperature below 2-degree celsius from pre-industrial levels. Solar power is one of […] Read more
