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Global Lithium-Ion Battery Market To Touch USD 182.4 Billion by 2030: Report

A report by Grand View Research, a US-based market research firm claimed that the global Lithium-ion battery market might reach USD 182.53 billion by 2030, registering a growth of 18.9 percent. With this, the sector would have an 18.9 percent compound annual growth rate (CAGR).  The researchers claimed that the main thrust to the market would be […]

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In Bangladesh, Rickshaw VPPs Are The Latest Energy Innovation

Electric three wheelervehicles have become one of the crucial engines for the surge of EVs worldwide, especially in Asian markets, such as India, China, and Bangladesh. For instance, Bangladesh today has more EVs on the road than Tesla has sold globally to date, as per a white paper named “The Rickshaw VPP” by a climate-tech […]

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LONGi Continues Expansion Drive with New Solar Cell Plant with USD508 Mn Investment

Maker of  monocrystalline solar wafers, Longi Green Energy Technology has revealed that it will invest CNY 3.5 billion (USD508 million) towards the establishment of a new photovoltaic cell factory. This is with a vision to augment the firm’s high-efficiency battery output. The new unit is to be established in Tongchuan, northwestern Shaanxi province. It will […]

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Crash in Lithium Prices: A Boon for EV Buyers or Unsustainable Trend?

Prices of the so-called ‘White Gold’ has been declining for the past few months. Lithium is a common ingredient in almost all electric-car batteries we use today. The drop in commodity prices has made it easier for carmakers to cut prices for electric vehicles. For instance, last month, Tesla lowered the prices of its two […]

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Australian Renewable Energy Agency Invites EOI For Grid-Connected Community Batteries

Last year, Australia’s government made an announcement about the $200 million in grant funding for the Community Batteries for Household Solar Program. The initiative is aimed at delivering community batteries to lower electricity bills and emissions while also aiding storage of excess solar energy, and curbing grid pressure. Now, a new round of grant funding […]

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CEEW Study Flags Concentration Of Clean Energy Manufacturing As Global Risk

Two studies conducted by the researchers at the Council on Energy, Environment and Water (CEEW) have batted for an interrupted and affordable supply of critical clean energy technologies across the globe. The report said this was needed for achieving the Sustainable Development Goals (SDGs) and for a risk-free energy transition towards renewable energy.  The Indian […]

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Will Europe’s Mega Solar Manufacturing Plans Deliver On Promise?

In a recent move that is helping Europe’s solar manufacturing industry gather momentum in an unprecedented way, the European Commission has announced state finance for clean tech manufacturing. This is to be achieved by way of the Green Deal Industrial Plan (GDIP) for European Union. The GDIP will speed up projects by easing up the […]

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Battery Recycling Startup-Metastable Bags Seed Funding Under Scale-Up Programme

Metastable, a deep-tech battery recycling startup, has raised seed funding under Sequoia Capital  Asia’s rapid scale-up programme, ‘ Surge’. The Bengaluru-based urban mining company works towards extracting crucial elements of Lithium-ion batteries up to the optimal level.  In a release to the media, the firm said that it had raised seed funding through the programme. […]

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GIG, Shell Energy To Deliver 200MW Australian Energy Storage System

Green Investment Group (GIG) and Shell Energy Operations (Shell Energy) have partnered to deliver a utility-scale battery energy storage system (BESS) in Cranbourne, Victoria. GIG belongs to Macquarie Asset Management. GIG said that once fully operational, the 200MW / 400MWh Rangebank BESS will have the storage capacity to power the equivalent of 80,000 homes across […]

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