Developers Take Innovative Approaches to Alternative Energy Production Updated On Wed, Oct 6th, 2021 by Saurenergy Demand for solar energy is on the rise around the world. In the U.S., the second quarter of 2021 has also seen impressive gains in implementation of solar. According to the Solar Energy Industries Association (SEIA), the U.S. installed 5.7 gigawatts (GWdc) of solar PV capacity in Q2 2021 to reach 108.7 GWdc of total […] Read more
Koch Invests in Li-Cycle and Other Firms in EV Value Chain Updated On Fri, Oct 1st, 2021 by Saurenergy US firm Koch Strategic Platforms (KSP) has announced a $100 million investment in Toronto-based Li-Cycle – the leading lithium-ion battery recycler in North America – to help meet the rapidly growing global demand to source and recycle critical and scarce battery-grade materials. This is only the latest investment in the EV value chain for Koch […] Read more
Phelan Energy Unveils New Floating Solar Panel Tech Updated On Wed, Sep 29th, 2021 by Saurenergy Phelan Energy Group (PEG) unveiled a new floating solar panel at the SolarPlaza, Floating Solar conference, in Amsterdam, Netherlands, yesterday. This new concept design and efficiency will make its power output price competitive, or lower than land based solar systems, said Chairman Paschal Phelan. Floating PV has been hailed for its huge potential in the next […] Read more
6K Lands $51 M for Advanced Battery Material Dev Updated On Mon, Sep 27th, 2021 by Saurenergy Massachusetts-based 6K, which produces sustainable advanced materials for energy storage and additive manufacturing powders, has closed a $51M Series C financing round. With this investment, 6K will complete its Battery Development Center of Excellence, adding 33,000 sq ft of state-of-the-art product development space and doubling its 6K Energy team, said the firm. Funding will also […] Read more
AIIB and IRENA Team-Up to Accelerate Asia’s Energy Transition Updated On Wed, Sep 22nd, 2021 by Saurenergy The Asian Infrastructure Investment Bank (AIIB) and the International Renewable Energy Agency (IRENA) have signed a memorandum of understanding (MOU) committing to work together to support Asia’s energy transition and mobilize greater private capital for renewable energy. The agreement was signed today by AIIB President Jin Liqun and IRENA Director-General, Francesco La Camera, at a […] Read more
Indonesia Ramping Up Solar Capacity to Meet 18 GW Target For 2025: Report Updated On Tue, Sep 14th, 2021 by Saurenergy Indonesia is considering how to reduce its growing greenhouse gas emissions. A moratorium on new coal power plants bodes well for growth of solar power in Indonesia. Yet harnessing solar power requires government action such as improving transparency around power purchase agreements and revising long- term power plans. A new report, jointly produced by BloombergNEF, […] Read more
UK to Pump $1.2 B into Green Projects in India: 11th Eco & Fin Dialogue Updated On Fri, Sep 3rd, 2021 by Saurenergy At the 11th India-UK Economic and Financial Dialogue (EFD) held yesterday, Finance Minister Nirmala Sitharaman and UK Chancellor Rishi Sunak signed off a $1.2 billion package of public and private investment in green projects and renewable energy to boost India’s green growth ambitions. The dialogue saw the announcement of new steps to tackle climate change […] Read more
US Firm Kevala Raises $21 M in Series A Funding Round Updated On Wed, Sep 1st, 2021 by Saurenergy US energy data provider Kevala Inc. has raised $21 million in Series A funding round led by C5 Impact Partners LP (C5 Capital’s fund focused on data-driven technologies transforming critical infrastructure) and Thin Line Capital. Additional investors in the Series A round include senior energy sector executives Tom Werner, current Chairman and former CEO of […] Read more
New Green Standards Proposed for Power Gen Companies in Singapore Updated On Tue, Aug 31st, 2021 by Saurenergy In order to reduce its carbon footprint, Singapore has proposed new green standards for power generation companies operating in the country. The country currently relies on natural gas — a fossil fuel — to fulfil over 95% of its energy needs. However, in April this year, the island nation achieved its target for the year […] Read more