Solar Power Europe Revises Battery Regulation For PV Manufacturers Updated On Wed, Jan 24th, 2024 by Saurenergy ‘Solar Power Europe‘, a European industry body for solar, released a report, ‘Solar Power Europe End-Of Life Guidelines”. The report shared an outlook to modernize the EU legislative framework for batteries and accumulators. This ‘Battery Regulation’ is estimated to repeal ‘Battery Directive’, which was proposed for discussion and published for consultation in December 2020. It […] Read more
Battery Usage In Transport, Power Can Abate 60% Energy Needs: Report Updated On Thu, Jan 18th, 2024 by Saurenergy A recent report by Rock Mountain Institute (RMI) found that increase usage of battery in transportation can reduce fossil fuel requirements up to half. The report found, “Demand is growing on an S-curve. Battery sales have been doubling every two to three years, and we are on track for a six to eight times increase […] Read more
5 Ways Lower Storage Costs Will Affect Solar Deployment Updated On Tue, Jan 16th, 2024 by Saurenergy Ever since 2015, when solar started being added at scale every year, all stakeholders have known the biggest challenge it will ultimately face. Intermittency. Or more simply, what to do when the sun goes down. That is why cheap and efficient storage has been considered almost like the golden key that will unlock solar possibilities […] Read more
Solar Production Costs In China Falls By 42% In 2023: Wood Mackenzie Updated On Fri, Dec 15th, 2023 by Saurenergy A latest report states that the cost of producing solar modules in China has dropped by 42% in the last 12 months to US$0.15 per watt (/W). This gave manufacturers in the country cost advantage over international rivals according to the New Horizons report from Wood Mackenzie. The report looks at ‘Five low-carbon tech trends […] Read more
India Joins Battery Storage Consortium To Boost BESS Deployment Updated On Mon, Dec 4th, 2023 by Saurenergy India has now joined the Battery Energy Storage Systems (BESS) Consortium, at the ongoing Conference of Parties (COP28) Summit at Dubai. The consortium is an initiative of the Global Leadership Council (GLC) of the Global Energy Alliance for People and Planet (GEAPP). Through the BESS Consortium, India is among the first-mover countries as a part […] Read more
US Proposes Norms To Counter Chinese Domination In Battery Manufacturing Updated On Mon, Dec 4th, 2023 by Saurenergy The US Department of Treasury and the IRS (Internal Revenue Service) has now proposed guidelines on clean vehicles credits under the Inflation Reduction Act (IRA). It is expected to lower costs for consumers, spur growth in the US vehicle manufacturing, and strengthen energy security. The move is also likely to reduce the dependency of the […] Read more
Residential Costs Stayed Flat from 2020 to 2022 & then Declined in 2023: NREL Updated On Fri, Oct 27th, 2023 by Saurenergy The National Renewable Energy Laboratory (NREL) has released its annual report on ‘U.S. Solar Photovoltaic System and Energy Storage Cost Benchmarks.’ The report tracks the solar cost trends to support the U.S. Department of Energy Solar Energy Technologies Office. It aims to accelerate the advancement and deployment of solar technology and gives an account of […] Read more
Slowly And Steadily, Battery Storage Builds Up To Make The Renewables Case Stronger Updated On Thu, Oct 19th, 2023 by Saurenergy The announcement by Plus Power LLC of $1.8 billion in new financing for standalone battery storage, including the largest single such project financing to date, to help stabilize the U.S. electrical grid while incorporating more solar and wind energy should be welcomed. The news comes at a time when detractors have been challenging the relevance […] Read more
RACE Energy & LOHUM Join Forces for Sustainable EV Battery Recycling Updated On Tue, Oct 17th, 2023 by Saurenergy RACE Energy, a deep-tech electric vehicle (EV) infrastructure company for battery swapping, today announced a strategic partnership with LOHUM, a producer of sustainable energy transition materials via recycling, repurposing, and refining, to tackle EV battery waste and identify second life use applications. Aligning with the mandate under EPR (Extended Producer Responsibility) guidelines for responsible battery […] Read more
