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Insurer Claims US Renewables Suffered Worst Summer of Losses

GCube insurance, a leading underwriter for renewable energy projects has highlighted the financial impacts of Extreme Weather and Natural Catastrophe events that are outpacing the development of mitigation strategies in the North American renewables market. That might mean that insurance premiums will also keep pace with the overall rise in costs the industry, particularly solar […]

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ACC & ProLogium Partner to Accelerate Solid-State Battery Development

To step-up cooperation in the development of electric vehicle (EV) solid-state battery, Automotive Cells Company (ACC) and ProLogium Technology have announced the signing of a Memorandum of Understanding (MOU). The official statement held that under the agreement, ACC and ProLogium will focus their joint efforts on the collaboration for the development solid-state EV battery development. […]

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US Residential Solar Systems See Growth in Size, Decline in Price

An annual solar report released by Lawrence Berkeley National Laboratory (LNBL), Tracking the Sun, has made key observations about the residential solar systems in the US. The report records the trends in the US market for close to 2.5 million systems installed in 2021 year-end, along with the preliminary data for the first half of […]

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Metastable Materials Commissions Chemical Free Recycling Unit for Lithium Batteries

Metastable Materials, a Bengaluru-based company, has announced the commissioning of an urban mining operation outside of Bengaluru, Karnataka, to scale up its current capabilities in the battery (Chemical Free Recycling) recycling/urban mining space and thereby fuel the startup’s strategic business expansion. To support and manage the “waste-as-ore” concept-based recycling of hazardous end-of-life batteries and products, […]

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The Top 5: Factors Affecting The Price Of Solar Power

Solar energy has grown exponentially in recent years thanks to the global trend of developing low or zero-emission energy. Clocking exponential growth, solar is on the verge of entering a new era of Terawatt solar. SolarPower Europe’s latest Global Market Outlook reveals that worldwide, global solar capacity doubled in 3 years from 2018, bringing the […]

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High Energy Prices Could Trip Up European Solar Manufacturing Plans-Rystad

Energy Research Agency Rystad Energy has warned that record high electricity prices across Europe are damaging the continent’s attempts to build a reliable low-carbon supply chain and reach its decarbonization targets, as solar and battery manufacturers face mounting costs. The warning comes even as renewable power producers in the continent have pushed for keeping the […]

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GoodWe Expands Phase II Manufacturing Base, Capacity Upto 30 GW Now

China-based Global Inverter player GoodWe has expanded its  production capacity to 30 GW, post the inauguration of its manufacturing expansion at Guangde, Anhui province of China. For GoodWe, which enjoys leadership in the storage inverter space the expansion follows the strong growth and success it has had worldwide for its products, enabling the firm to […]

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ONE To Invest $1.6 20 GWh In Michigan Cell Factory

Michigan-based energy storage technology company Our Next Energy (ONE) will be investing $1.6 billion in a new battery cell manufacturing plant, called ONE Circle, in Van Buren Township, Michigan. Once operational it will have an annual full capacity of 20 GWh by the end of 2027 which will be equivalent to 200,000 electric vehicle battery […]

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