Industry News
-
A fork in the road for energy storage
A fork in the road for energy storage We are becoming accustomed to record-breaking years for energy storage, and 2024 was no exception. Manufacturer Tesla deployed 31.4 GWh, up 213% from 2023, and market intelligence provider Bloomberg New Energy Finance raised its for...Read more -
An In-Depth Analysis of South Africa’s Power Supply Challenges
An In-Depth Analysis of South Africa’s Power Supply Challenges In the wake of recurring power rationing in South Africa, Chris Yelland, a distinguished figure in the energy sector, voiced concerns on December 1st, emphasizing that the “power supply crisis” in the country is far ...Read more -
The Solar Surge: Anticipating the Shift from Hydroelectricity in the USA by 2024 and its Impact on the Energy Landscape
The Solar Surge: Anticipating the Shift from Hydroelectricity in the USA by 2024 and its Impact on the Energy Landscape In a groundbreaking revelation, the U.S. Energy Information Administration’s Short-Term Energy Outlook report forecasts a pivotal moment in the country’s energy land...Read more -
New Energy Vehicles Face Import Tariffs in Brazil: What This Means for Manufacturers and Consumers
New Energy Vehicles Face Import Tariffs in Brazil: What This Means for Manufacturers and Consumers In a significant move, the Foreign Trade Commission of the Brazilian Ministry of Economy has recently declared the resumption of import tariffs on new energy vehicles, commencing from January 2024. ...Read more -
Soaring to New Heights: Wood Mackenzie Projects a 32% YoY Surge in Global PV Installations for 2023
Soaring to New Heights: Wood Mackenzie Projects a 32% YoY Surge in Global PV Installations for 2023 Introduction In a bold testament to the robust growth of the global photovoltaic (PV) market, Wood Mackenzie, a leading research firm, anticipates a staggering 32% year-on-year increase in PV inst...Read more -
Radiant Horizons: Wood Mackenzie Illuminates the Path for Western Europe’s PV Triumph
Radiant Horizons: Wood Mackenzie Illuminates the Path for Western Europe’s PV Triumph Introduction In a transformative projection by renowned research firm Wood Mackenzie, the future of photovoltaic (PV) systems in Western Europe takes center stage. The forecast indicates that over the n...Read more -
Accelerating Towards a Green Horizon: IEA’s Vision for 2030
Accelerating Towards a Green Horizon: IEA’s Vision for 2030 Introduction In a groundbreaking revelation, the International Energy Agency (IEA) has unleashed its vision for the future of global transportation. According to the recently released ‘World Energy Outlook’ report, th...Read more -
Unlocking the Potential: A Deep Dive into the European PV Inventory Situation
Unlocking the Potential: A Deep Dive into the European PV Inventory Situation Introduction The European solar industry has been buzzing with anticipation and concerns over the reported 80GW of unsold photovoltaic (PV) modules currently stockpiled in warehouses across the continent. This revela...Read more -
Brazil’s Fourth Largest Hydroelectric Plant Shuts Down Amid Drought Crisis
Brazil’s Fourth Largest Hydroelectric Plant Shuts Down Amid Drought Crisis Introduction Brazil is facing a severe energy crisis as the country’s fourth largest hydroelectric plant, Santo Antônio hydroelectric plant, has been forced to shut down due to a prolonged drought. This unprece...Read more -
India and Brazil show interest in building lithium battery plant in Bolivia
India and Brazil show interest in building lithium battery plant in Bolivia India and Brazil are reportedly interested in building a lithium battery plant in Bolivia, a country that holds the world’s largest reserves of the metal. The two countries are exploring the possibility of setting u...Read more -
EU Shifts Focus to U.S. LNG as Russian Gas Purchases Decrease
EU Shifts Focus to U.S. LNG as Russian Gas Purchases Decrease In recent years, the European Union has been working to diversify its energy sources and decrease its reliance on Russian gas. This shift in strategy has been driven by a number of factors, including concerns over geopolitical tension...Read more -
China’s Renewable Energy Generation Set to Soar to 2.7 Trillion Kilowatt Hours by 2022
China’s Renewable Energy Generation Set to Soar to 2.7 Trillion Kilowatt Hours by 2022 China has long been known as a major consumer of fossil fuels, but in recent years, the country has made significant strides towards increasing its use of renewable energy. In 2020, China was the world&#...Read more -
Drivers in Colombia Rally Against Soaring Gas Prices
Drivers in Colombia Rally Against Soaring Gas Prices In recent weeks, drivers in Colombia have taken to the streets to protest against the rising cost of gasoline. The demonstrations, which have been organized by various groups across the country, have brought attention to the challenges that m...Read more -
Understanding the Battery and Waste Battery Regulations
Understanding the Battery and Waste Battery Regulations The European Union (EU) has recently introduced new regulations for batteries and waste batteries. These regulations aim to improve the sustainability of batteries and reduce the environmental impact of their disposal. In this blog, we’...Read more