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Material Shortage to Increase Module Prices in 2021

The module makers eventually cannot bear the cost pressure anymore which is transmitted from upstream sector as material shortages continues ascend. This is reflected in the actions of almost all industry giants like JinkoSolar, Longi, JA, which reversed their price cut policy and raise their bid quotation, others have already notified their customers of the […]

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Will Module Price Skyrocket in 2021?

80% of the price of a PV module is based on the cost of raw materials. After Chinese New Year, glass price has not fallen a bit from its autumn highs while polysilicon continues to soar and the prices have been rising across the entire PV supply chain. Recently, from the bidding prices submitted by […]

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Noon Energy’s Breakthrough Renewable Energy Storage Technology Lands $3M Seed Investment

Noon Energy Inc., developer of a revolutionary ultra-low-cost battery technology for long-duration energy storage, closed a $3 million Seed stage investment. Prime Impact Fund led the round and was joined by At One Ventures, Collaborative Fund, and Xplorer Capital. “Long duration storage is the missing link to a fully renewable electric grid. This is a difficult challenge because storage times must be […]

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Europe To Become World’s Second Largest Li-ion Battery Manufacturer By 2025

Europe is all set to become the world’s second-largest manufacturer of lithium-ion battery cell by 2025, said a European Commission (EC) vice-president, although some key challenges need to be addressed. In a high-level ministerial meeting of the European Battery Alliance (EBA), to support the continent’s multinational drive for a huge domestic production base and supply […]

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The Indian Connection at HuntPerovskite, No 1 Perovskite Linked Patents Firm

US based Hunt Perovskite Technologies (HPT) announced yesterday that the United States Patent and Trademark Office (USPTO) has granted HPT two additional patents related to its ongoing work in the development of printed metal halide perovskite photovoltaic (PV) devices. While the first patent (US10,907,050) relates to HPT’s invention of an ink to print nickel oxide […]

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SK Group Closes $1.6 Billion Investment in Plug Power to Advance Hydrogen Strategy

Creation of Hydrogen Business Development Center and investments in core hydrogen businesses support SK’s goal of making sustainable energy solutions a reality for more people SK Group, South Korea’s largest energy provider and third-largest conglomerate, announced today the close of a $1.6 billion investment and strategic partnership with Plug Power Inc., a leading provider of hydrogen fuel cell and […]

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BMW Must Prioritise Full-Electric Vehicles to Meet its 2030 Target: Analysis

BMW Group is targeting 7 million BEV and PHEV by 2030, however, WoodMac projects the company will only meet 61% of that stock target by 2030. BMW Group – which is comprised of BMW, Mini, Rolls-Royce and Zinoro – is targeting 7 million in battery electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) stock […]

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868,000 Jobs in Offshore Wind Energy Segment by 2030: Rystad

There is one energy segment, according to Rystad Energy analysis, that will be the new hiring haven for energy jobs- offshore wind. The COVID-19 downturn has caused employment rates to plummet in different energy industries. As industries return to normal, employment rates are expected to gradually pick up, however, there is one energy segment, according […]

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