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Lithium Price Surge Leaves Car Makers Comparing LFP with NCM batteries

Steep rises in battery raw materials prices since the start of 2021 have favoured a faster shift to LFP batteries for electric vehicles, over NMC batteries. Cobalt and Lithium for example have become dearer by 70% and 700% respectively. The lowest-cost pack has always been lithium-iron-phosphate, or LFP, the preferred choice of Tesla, Volkswagon and […]

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Second-hand electric cars sale double in UK

According to the fresh data released by the Society of Motor Manufacturers and Traders (SMMT), the sale of second-hand electric cars have increased in the United Kingdom to almost 14,600 in the first quarter of 2022 from a mere 6,600 in the first quarter of 2021. This marks an abrupt increase of 120% considering the […]

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US probe into solar imports threatens almost 2/3 of planned capacity additions in 2022: Rystad Energy

As much as 17.5 gigawatts (GWac) of planned US solar capacity installations in 2022 are in doubt after the Department of Commerce (DOC) opened an investigation into panel imports from southeast Asia, Norway-based Rystad Energy research shows. The US was expected to install 27 GWac of solar energy capacity in the utility, residential, and commercial […]

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Promise To Reality- 5 Battery Breakthroughs That Could Make It To Market Soon

Innovation is inevitable. As any technology evolves, so do the expectations with it. Similarly, the battery technology has also been evolving, throughout history, in the desire to make it more efficient, powerful, dependable, sustainable, and whatnot. The lithium-ion batteries-saga itself is as old as 1970s, and is still improvising. However, a big complaint from industry […]

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Mubadala, ENGIE To Ease EV charging in Abu Dhabi, Middle East

Mubadala Investment Company has signed a Memorandum of Understanding (MoU) with French energy major ENGIE for the development of a digital platform to enable charging electric vehicles in Abu Dhabi and the Middle East region. ENGIE is a global leader in energy business. The MoU entails that Mubadala and ENGIE will look to develop a […]

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Borosil Renewables Plans To Become Largest Non Chinese Solar Glass Manufacturer

Solar panel glass manufacturer Borosil Renewables has announced that it will invest Rs 1,500 crore  over the next two years to expand its capacity by nearly 2.5 times and supply glass for 15 GW of solar modules by FY25. As of March 2022, India has around 15 GW of solar module manufacturing capacity. Due to stiff […]

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US Investigations Into AD/CVD Circumvention Draws Howls Of Protests

The Department of Commerce (DoC), which started the investigation in March this year has managed to roil solar industry firms in the US across the board, as uncertainty starts impacting projects. The DoC had initiated a solar anti-circumvention investigation based on a petition from a small U.S. company called Auxin Solar. The petition asks for […]

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World Bank says Pakistan must call for 11GW renewable energy bids

Variable Renewable Energy Competitive Bidding Study – a new study by the World Bank – has said that Pakistan will require a call for competitive bidding for over 11 GW of renewable energy solar and wind power plants between the present and 2028. The study stated that this is needed to ensure that the future […]

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HK Electric to Develop Hong Kong’s First Offshore Wind Farm

Hong Kong may get to witness its first offshore wind energy farm coming up in 2027 as HK Electric has announced that it has plans to develop an offshore wind farm southwest of Lamma Island. HK Energy said that an application for variation of an environmental permit for the proposed project has been approved by […]

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