Longroad Energy To Invest $500 Million To Expand Renewable Energy Portfolio Updated On Wed, Aug 3rd, 2022 by Saurenergy Longroad Energy Holdings, a renewable energy developer and holding company based in the United States, has announced a $500 million equity investment by MEAG, an asset management arm for entities of Munich Re, to expand its 1.5 GW portfolio of owned assets to 8.5 GW of wind, solar, and storage projects over the next five […] Read more
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
Clean Power Quarterly Market Report -2022 By American Clean Power Updated On Sun, Jul 31st, 2022 by Saurenergy According to the recently published Clean Power Quarterly Market Report Q1 2022 by the American Clean Power Association (ACP) on clean power industry began 2022 with a robust first quarter despite impending obstacles and uncertain policy landscapes. More than 6.6 GW of new capacity for clean power was installed in the United States during the […] Read more
Overview Of Hydrogen Production From Carbon-Free Nuclear Energy-2022 Updated On Fri, Jul 29th, 2022 by Saurenergy Think tank Nuclear Hydrogen Initiative has released a report on ‘Hydrogen Production From Carbon-Free Nuclear Energy in 2022’. Nuclear energy, especially from cutting-edge reactors, is essential to the development of clean, low-carbon hydrogen production pathways and the long-term viability of the hydrogen economy. Hydrogen has become more prominent as one viable route to net-zero as […] Read more
500GW of Energy Storage Will Be Globally Available By 2031: Wood Mackenzie Updated On Thu, Jul 28th, 2022 by Saurenergy UK-based data provider Wood Mackenzie has released its Global Energy Storage Outlook today. According to this report, market growth for global energy storage has been uneven, with cumulative storage deployments anticipated to reach 500GW by 2031. Only 159-gigawatt hours (GWh) are projected for the region by 2031, compared to 422 GWh for China and 600 […] Read more
From $316.05M To $530.2M, Enphase Almost Doubles Revenue in Q2 2022 Updated On Thu, Jul 28th, 2022 by Saurenergy California-based microinverter manufacturer Enphase Energy has announced its consolidated results for the second Quarter ending June 2022. Enphase reported a 42.2% non-GAAP gross margin & $530.2 million in revenue in the second quarter of 2022, while the second quarter of 2021 was $316 million along with a 40.8% non-GAAP gross margin. In Q2 of 2022, Enphase […] Read more
NTPC Ltd Issues Tender For 1150 MW Grid Connected Solar PV Project Across Cuba Updated On Wed, Jul 27th, 2022 by Saurenergy National Thermal Power Corporation Limited (NTPC) has floated a tender for 1150 MW grid-connected solar power generating capacity across 175 locations and 150 MW/150 MWh BESS at three locations in the Republic of Cuba. The last date for submitting the bid of this Republic of Cuba tender is September 28, 2022, till 17:30 Hrs (IST) […] Read more
First Solar Signs Global Supply Agreement With Akuo Energy For 500 MW Updated On Tue, Jul 26th, 2022 by Saurenergy US-based solar module manufacturer, First Solar has announced a new renewable energy Global Supply Agreement with Akuo Energy, a France-based independent global renewable energy player. Through this agreement, First Solar will supply 500 MW of thin film PV solar module to Akuo Energy. As per the Agreement, First Solar will provide 200 MW for a […] Read more
Global Energy Perspective Year 2022 by McKinsey Updated On Wed, Jul 20th, 2022 by Saurenergy Mckinsey & Company has released its study on Global Energy Perspective 2022. In this Global Energy Perspective 2022 report, Mckinsey & Company gave detailed information about Net Zero carbon emissions & other goal of more than 60 countries. Additionally, 60% of Fortune 500 corporations pledge to meet these decarbonization targets. The global energy revolution is […] Read more