First Solar Announces Q2 2022 Financial Results: QoQ Growth 99% Updated On Tue, Aug 2nd, 2022 by Saurenergy US solar panel manufacturer First Solar has announced its Second quarter (Q2) 2022 financial results, reporting net sales worth $621 million for the second quarter, an increase of $254 million from the prior quarter. This 99% increase in QoQ was primarily a result of increased module sales volume and a gain on the sale of […] Read more
Toyota-Panasonic Battery JV to Buy Lithium From Nevada Mine of Ioneer Updated On Tue, Aug 2nd, 2022 by Saurenergy Japanese conglomerates Toyota Motor Corp and Panasonic Corp have announced that their joint battery venture will buy lithium from the Rhyolite Ridge mining project of ioneer Ltd. The resource will then be employed to manufacture electric vehicle batteries in the United States. The new entity is called Prime Planet Energy & Solutions (PPES). Australia based […] Read more
Octopus Energy Group Raises Fresh Funds Totaling $550 million Updated On Wed, Jul 27th, 2022 by Saurenergy In a fresh announcement, British renewable energy player Octopus Energy Group said that it has closed the recent funding round and has secured $325 million from its shareholders. It said that the loan is raised on the terms agreed during the fundraising round in December 2021. The official statement revealed that the RE player’s investors […] Read more
The Global Battle for Solid-State Battery Leadership Updated On Fri, Jul 22nd, 2022 by Saurenergy With the advent of electric vehicles (EVs), lithium-ion batteries demand grew exponentially and is still growing. In fact, the global lithium-ion battery market size may grow from USD 57 billion in 2020 to USD 200 billion by 2027 at an average CAGR of 20 per cent during the same period. The growth of the market […] Read more
Isuzu, Toyota, Hino, and CJPT To Make Mass-Market Light-Duty Fuel Cell Electric Trucks Updated On Fri, Jul 22nd, 2022 by Saurenergy Isuzu Motors Limited, Toyota Motor Corporation, Hino Motors Ltd, and Commercial Japan Partnership Technologies Corporation (CJPT) have announced that they would jointly plan and develop light-duty fuel cell (FC) electric trucks for the mass-market. The official statement by Toyota reads that the joint initiative will contribute to the realization of a hydrogen society and carbon […] Read more
More Than 13 Lakh EVs Registered In India: Gadkari Updated On Thu, Jul 21st, 2022 by Saurenergy More than 13 lakh electric vehicles (EVs) are registered in India excluding Andhra Pradesh, Madhya Pradesh, Telangana and Lakshadweep, the Minister of Road Transport and Highways of India, Nitin Gadkari, said in a recent written reply to the Rajya Sabha. The minister revealed that 2,877 public EV charging stations have been sanctioned in 68 cities […] Read more
Biliti Electric Powers World’s First Hydrogen Fuel Cell Three-Wheeler Updated On Thu, Jul 21st, 2022 by Saurenergy California-based Biliti Electric Inc, a fast-growing E-mobility company with presence across the globe, has unveiled the world’s first hydrogen fuel cell (HFC)-powered electric three-wheeler vehicle, FastMile. FastMile, which has been tested for over 6000 miles in rugged road conditions, boasts of a quick refueling time of under three minutes. At the same time, it has […] Read more
Strategy Analytics Says Solid-State Batteries In EV Sector To Experience Delays Updated On Wed, Jul 20th, 2022 by Saurenergy A latest report by Strategy Analytics Electric Vehicle Service (EVS) has revealed that there will be delays in deployments in solid-state batteries in electric vehicles. The timeline may be pushed up to 2030. The report called, ‘Can Solid-State Batteries Reach Mass Production?’ has come against the backdrop of the recent announcements from solid-state battery manufacturers […] Read more
Flexible Solar Moves One Step Closer to Mass Market With DaZheng Updated On Tue, Jul 19th, 2022 by Saurenergy A 10 year old Chinese startup, DaZheng, has become the first firm worldwide to produce large, flexible perovskite solar panels at scale, with a promised efficiency of 21%. Traditional flexible thin-film solar cells are limited by expensive raw materials and complicated manufacturing processes, which lead to the high cost and limited applications. The new flexible […] Read more
