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Five Trends Which Can Shape Lithium-Ion Market In 2024

The lithium market is experiencing a period of transition as demand growth slows and the industry adjusts to changing dynamics, according to Wood Mackenzie’s ‘Lithium: Five things to watch in 2024’ report. It stated, “While lithium remains a crucial raw material for batteries, its growth rate is decelerating due to a maturing market, subdued electric […]

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Global Clean Energy Investment Jumps 17%, Hits $1.8 Trillion: BloombergNEF

The latest report on Energy Transition published by energy think tank BloombergNEF said that the global investment in the low-carbon energy transition surged 17% in 2023, reaching $1.77 trillion. The report titled, ‘Energy Transition Investment Trends 2024 ‘, said that this number is a new record level of annual investment and demonstrates the resilience of […]

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ALMM To Keep Margins Of Solar Module Makers At 12-14% Next Fiscal: CRISIL

A latest forecast from CRISIL Ratings said that the implementation of the Approved List of Models and Manufacturers (ALMM) from April 1, 2024, is expected to help keep operating margins of domestic module makers strong at 12-14% in fiscal 2025, in line with the level likely this fiscal. Healthy domestic and export demand will help, […]

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Tracker Firm PVH Claims New Process Will Reduce Installation Time by 40%

Valencia, Spain based PVHardware (PVH or Polígono Industrial Castilla Vial), a global solar tracker manufacturing firm, has unveiled what it terms a groundbreaking in-house pre-assembly process across all production centers, marking a seismic shift in solar installation efficiency. PVH claims that this strategic innovation dramatically slashes the number of components shipped to installation sites by […]

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Biden Extends Support To Made-in-America EV Charging Network

United States (US) President Joe Biden made a recent announcement of vetoing a law that waived the American requirement for purchasing electric vehicles (EVs). While extending support to ‘Investing in America Agenda’ the President said in a press statement that, he “pledged to veto this resolution, which would hurt American workers, undermine domestic manufacturing, and […]

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Rystad Energy Forecasts Solar, Wind Markets To Add More Than 900 Tw-Hr In 2024

Rystad Energy, a research company recently shared some key aspects that can shape the energy sector in 2024.  Renewable energy capacity expanded rapidly, keeping up with global power demand growth for the first time. It forecasted in 2023, “Solar PV needed to grow by 220 gigawatts (GW) in 2023 to track the 1.6 DG scenario […]

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LONGi Makes Case For Net Zero Manufacturing At WEF Davos

As one of the newest recipients of the World Economic Forum (WEF) “Lighthouse Factory” recognition, Chinese solar giant LONGi made a strong case for net zero manufacturing powered by clean energy. For LONGi, which will celebrate it’s 25th year of founding in 2025, the journey to be the leading solar player has been truly impressive. […]

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Hybrid RE Power Can Cut LCOE Of Green H2 Upto $4.3/kg By 2030: Report

A latest report from Wood Mackenzie claimed that solar-wind hybrid energy can be used to bring down the cost of production of Green Hydrogen. Wood Mackenzie is a research organization that published reports on energy and related issues. The latest report was specifically talked about the roadmap of India’s renewable sector to achieve net-zero. The Wood […]

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Ganfeng, Hyundai Enter Long Term Lithium Supply Deal

China’s leading lithium producer, Ganfeng Lithium, has announced that it has entered into a supply agreement with South Korea’s Hyundai Motor. The auto firm claims that the new deal reflects the automotive industry’s strategic move to secure raw material sources amid the electric vehicle (EV) revolution. The long-term deal entails Ganfeng supplying Hyundai with battery-grade […]

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