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Cheaper EV Could help Tesla hit Targets by mid-2020s: WoodMac

Tesla has announced its plans to capture 1% of all car sales globally, WoodMac projects that it will meet the targets by 2024 if it launches a cheaper EV In Q3 2019, Tesla announced its plans to capture 1 percent of all car sales globally. With its current portfolio of luxury cars, the company is […]

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Jolywood to Power a Fully Electric Truck With its Solar Energy Storage System

Jolywood has unveiled its new solar energy storage system with the launch of the fully electric heavy truck manufactured by Breton. Chinese solar module manufacturer, Jolywood has unveiled its new solar energy storage system with the launch of the fully electric heavy truck manufactured by Breton. Fuelling the emerging electric vehicles (trucks) sector, the module […]

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Resiliency to Drive US Microgrid Growth: WoodMac

A new report has predicted that the US microgrid industry may find substantial future growth in areas that are repeatedly affected by power outages, as customers seek out resiliency solutions. The U.S. microgrid industry may find opportunities for substantial future growth in geographical areas that are repeatedly affected by power outages, as customers seek out […]

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Cobalt and Nickel Supply Woes to Hurt EV Makers – Woodmac

The rising popularity of EVs globally and the rush to adopt cleaner mobility options has led to a surge in demand for Cobalt and Nickel. Electric vehicles (EVs) and energy storage have dominated the narrative in the metals and mining space. As announcements on EV targets by automakers and governments grow, panic around a steady […]

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Jolywood Signs Agreement For 320 MW Solar Project with Shanghai Electric

Jolywood and Shanghai Electric have announced the signing of a landmark cooperation deal to construct a 320MW capacity power project. Jolywood, a leading Chinese manufacturer of N-type bifacial solar cells and modules, and Shanghai Electric have announced the signing of a landmark cooperation deal to construct a 320MW capacity power station to deliver clean and renewable […]

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Jolywood and Imec Achieve Record 23.2% with Bifacial n-PERT Solar Cells

The result was certified by the solar cells laboratory at the calibration and test center of Germany’s Institute for Solar Energy Research. Belgian micro and nano-electronic research center Imec, has announced that its n-PERT (Passivated Emitter and Rear Totally diffused) solar cells developed with Chinese bifacial solar panel maker Jolywood have reached a certified and […]

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South Korea Unlikely to Meet 2030 Renewables Target : WoodMac

South Korea is unlikely to meet its 2030 renewables target, according to consultancy firm Wood Mackenzie. According to the consultancy’s analysis, renewables will account for about 17% of the country’s power mix, a little shy of its original target. Shortly after Moon Jae-in took over the reins as President, the South Korean government unveiled its […]

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723 GW of New Wind Capacity Expected in the Next Decade : WoodMac

Wood Mackenzie Power and Renewables ‘Global Wind Power Market Outlook Update: Q1 2019’ report predicts the additions of nearly 723 GW of new wind capacity in the decade leading up to 2028. According to the report, 50.2GW of new wind power was added globally in 2018, a 4% increase Year on Year (YoY) and the […]

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India May Fall Short of its 100 GW Solar Ambitions: Wood Mackenzie

India’s installed grid-connected power generation capacity increased 4 percent from January to October 2018 to reach 347 GW. India may fall well short of its 100 GW solar by 2022 target as it faces short-term uncertainty due to the imposition of various taxes, according to research and consultancy firm Wood Mackenzie. Renewables accounted for 9.7 […]

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