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Lithium-ion Battery Market to Reach $129.3 Bn Globally by 2027: Report

According to a new report, the global lithium-ion battery market is expected to hit USD 129.3 billion by 2027, registering a CAGR of 18.0% from 2020 to 2027. According to a new report, the global lithium-ion battery industry has been estimated at USD 36.7 billion in 2019 and is expected to hit USD 129.3 billion […]

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Ideanomics’ MEG Finalises EV and Energy Business Units

Ideanomics, Mobile Energy Global (MEG) division has announced that it has finalised its EV and Energy business units under the S2F2C model. Ideanomics, Mobile Energy Global (MEG) division has announced that it has finalised its EV and Energy business units under the S2F2C (Sales-to-Financing-to-Charging) model. Each business unit has been developed to focus on a […]

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The Top 7 Solar Power Parks across the World

A list of the 7 largest solar parks in the world, four of which are located in India and the remaining three in China. Although an outsider right now, the Mohammed Bin Rashid Al Maktoum Solar Park in Dubai with a planned 5000 MW capacity could soon make its way to the top of the […]

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Neoen Secures 352 MWp Landmark PPA With CleanCo

Neoen has signed a 352 MWp PPA with CleanCo Queensland in one of Australia’s most substantial renewable energy agreements to date. Neoen, one of the world’s leading and fastest-growing producers of exclusively renewable energy, has signed a 352 MWp power purchase agreement (PPA) with CleanCo Queensland in one of Australia’s most substantial renewable energy agreements […]

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Energy Efficiency Measures Help India Save Extra Rs 35,495 Cr in a Year

By adopting various energy efficiency measures, India witnessed approx. 66 percent higher savings to Rs 35,495 crore during 2018-19. It was revealed by an expert agency PricewaterhouseCoopers (PwC Ltd) via its report – Impact of energy efficiency measures for the year 2018-19. The report was released by the Power Minister R.K. Singh through Video conference. […]

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PV Is Entering The AI Era- Huawei Leaders

A special contribution from Tony Xu, President of Huawei Ascend Computing Business and Chen Guoguang, President of Huawei Smart PV Business, on the next big thing for PV’s. Artificial Intelligence, (AI) 1 AI Enables All Industries We are entering a fully connected, intelligent world. Over the last few years, AI has become a high-frequency word, […]

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Importance of Using Storage with Increasing Renewable Energy

Background and Context The Government of India has announced ambitious targets for Renewable Energy (RE) capacity addition, and the Country is rapidly adding Wind and Solar generation in the energy mix. However, there are some well accepted issues associated with RE power – such as intermittency, fluctuations owing to weather changes, and limited forecasting/ scheduling […]

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ReneSola, ProSun Solar Ink 150 MW Distribution Pact in Australia

ReneSola, a leading solar module manufacturer, and Prosun Solar, a leading distributor of solar power equipment in Australia, have entered into a 150 MW distribution agreement in Australia. Commenting on the deal, Sky Wang, CEO of ReneSola Yixing Co. Ltd, a company in Jiangsu Province, said that “Australian solar market is actually growing impressively. We […]

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