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SOFAR Futuristically Designed Factory Visited by PVO International

SOFAR, a global provider of PV and ESS solutions, was recently visited by PVO International Commercial Director Hans Ekelmans and Procurement Manager Erwin Damen at the firm’s brand-new manufacturing base in Huizhou. The first phase of SOFAR latest smart and digital factory covers an area of over 110 thousand square meters, with a total investment […]

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NREL Study Forecasts Significant Decline in BESS Costs by 2030

The long-term lithium-ion battery energy storage system (BESS) costs could halve over this decade, as per the “Cost Projections for Utility-Scale Battery Storage: 2023 Update” report by US National Renewable Energy Laboratory (NREL). The report forecasts the future capital expenditure (capex) costs of Battery Energy Storage Systems (BESS) from 2022 to 2050. It specifically focuses […]

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SOFAR Unveils First Microinverter System Called PowerNano for Future Home Energy

SOFAR, a global supplier of PV and ESS solutions, unveiled its latest technological innovation microinverter system, SOFAR PowerNano. The innovation made a debut at the ‘Powering Forward New Product Launch’ at Intersolar. Designed for the digital home energy of the future, PowerNano is suitable for all-scenario applications through a combination of microinverter, smart home hub […]

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Clearstone Energy Unveils Ambitious Plans for Energy Hub in Mid Devon

Clearstone Energy has revealed ambitious plans to establish a pioneering energy hub in Mid Devon, set to have a significant impact on  the UK’s response to the climate emergency. The proposed hub, situated adjacent to Junction 27 of the M5, aims to maximize the utilization of renewable energy from solar and wind farms, presenting a […]

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Ola Electric Sets the Ball Rolling for 100GWh Factory at Tamil Nadu

Ola Electric has kickstarted the establishment of what is set to be India’s biggest Gigafactory. The gigafactory, which is to come up in Krishnagiri, Tamil Nadu, will begin with an initial capacity of 5 GWh and later, expand to 100 GWh in  a phase-wise manner. The firm has set sights on beginning operations by next […]

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Lithium Market Size To Grow By 1,066.47 Thousand From 2022 To 2027: Report

A latest global market research report on Lithium claimed that the international lithium market size is estimated to increase by 1066.47 thousand t from 2022 to 2027. Global market research company Technavio released the report.  The Global Lithium Market 2023-27 report claimed that the market’s growth momentum would progress at a Compound Annual Growth Rate […]

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S&P Commodity Insights Top 10 RE Market Trends in 2023

Commodity Market Solutions Firm S&P Global Commodity Insights released its white paper on ‘The Ten Cleantech Trends in 2023’, focusing on the technologies to reduce emissions and confront climate change. Following are the main takeaways from the cleantech trends 2023 from S&P Global Commodity Insights- 1. Declining Component Prices--Though the reduction in the component prices […]

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University of Freiburg Leads Breakthrough in Aluminum-Ion Battery Research

A team led by the University of Freiburg has made remarkable strides in aluminium ion battery chemistry, bringing us closer to a viable alternative to traditional batteries that rely on rare and challenging-to-recycle resources like lithium. Aluminium, being abundantly available in the Earth’s crust, offers a more sustainable and cost-effective solution, along with improved safety […]

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SOFAR Unveils PowerNano and C&I ESS PowerIn at Intersolar

SOFAR, a leading provider of PV & ESS solutions, unveiled its latest technological innovation microinverter system SOFAR PowerNano, and the C&I ESS PowerIn during Powering Forward New Product Launch at Intersolar. With this, the company claims to be officially completing an all-scenario portfolio covering residential, CI and utility sectors, ranging from micro to utility solutions. […]

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