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Solar the Star In Volatile Australian Electricity Market

As per a release from Rystad Energy Research, Australia’s power market has emerged as the most volatile in the world as unexpected losses of supply from unplanned coal generation outages and transmission line issues related to natural disasters lead to huge price fluctuations. However, in all these, solar has emerged as the star, helping keep […]

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Battery Materials Firm GEM In Indonesian JV To Diversify Risk, Protect US, EU Markets

Shenzhen, China based GEM, the largest supplier of battery raw materials in China and the leading battery recycling firm in China and globally, has announced plans to  invest about USD750 million in two new plants in Indonesia in a move aimed at diversifying its manufacturing base and developing global industrial supply chains in alignment with […]

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Chinese Manufactucturers Flex Muscle In Wind Energy Too With 60% Market Share

While the world has been familiar with Chinese dominance of the solar sector, it is the wind energy sector where Chinese manufacturers have been making even faster strides. Onshore wind energy is dominated by Chinese firms today, even as Offshore wind, the last ‘frontier’ for western dominance, continues to crumble in the face of the […]

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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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Octopus Energy Makes Inroads Further into French Market with Three New Wind Farms

British renewable energy firm Octopus Energy’s generation arm has made investments in three new wind farms in France. The said onshore wind farms, namely Croix Erable, Bertaut, and Le Langrois, boast of a cumulative capacity of 49 MW. The firm will add the three new farms to the ten existing ones in France. With this […]

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Large Offshore Wind Turbines Leading To Unsustainable Market Risks, Says Report  

A recent report by GCube, a leading underwriter for renewable energy projects, claims that all is not well with the deployment of large wind offshore turbines. The report titled “Vertical Limit: When is bigger not better in offshore wind’s race to scale?” talks about several market vulnerabilities created by using the latest technology meant to […]

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Swiss Solar Manufacturer Meyer Burger Set To Establish Presence in Australian Market

Switzerland based solar cell and module manufacturer, Meyer Burger Technology AG is ready to set foot into Australia, where it will supply solar panels. Australia, the firms says, is a significant and growing market. Meyer Burger will present its product portfolio “Made in Germany, designed in Switzerland” at the country’s largest solar trade show, the […]

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Record Renewable Output Lowers Costs, Emissions – Australian Energy Market Operator

According to the Australian Energy Market Operator (AEMO), the country witnessed a significant increase in its renewable energy production in the quarter that ended in March. As a result, energy costs decreased, carbon emissions hit record lows, and there was a shift away from power generated by coal and gas. This surge in renewable energy […]

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