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Lithium-ion battery market size to reach $189.4 billion by 2032, growing at a CAGR of 15.2%
The global lithium-ion battery market size was valued at USD 46.2 billion in 2022, and the lithium-ion battery industry is projected to reach USD 189.4 billion by 2032, growing at a CAGR of 15.2% from 2023 to 2032.
Director (Finance), Solar Energy Corporation of India takes charge
Joshit Ranjan Sikidar has joined Solar Energy Corporation of India Limited (SECI) as Director (Finance) on 12th September, 2023.
Sterlite Power announces strong FY’23 Results
India operations record 30% increase in PAT.
KEC International wins a large order of INR 1,145 crores
KEC International Ltd has secured a turnkey order for Design, Supply and Installation of 380 kV Overhead Transmission Line in the Kingdom of Saudi Arabia (KSA).
Essar Group and Desert Technologies sign MOU for developing renewable energy solutions for Essar’s KSA Green Steel Arabia Project
Through this partnership, DT and Essar will develop solutions for renewable energy generation and storage for Essar’s Flat Steel Complex in the KSA which is the first green steel project in the GCC region and will also explore opportunities for other potential projects.
Global Biofuels Alliance (GBA)
India will show the world a new path on biofuel through Global Biofuels Alliance. This effort of Prime Minister Shri Narendra Modi will definitely reduce the dependence on petrol and diesel across the world: Petroleum Minister Shri Hardeep Singh Puri
REC signs MoU with PFC for FYs 2023-24 & 2024-25
REC Limited signed MoU with PFC as per the DPE Performance Evaluation System for FYs 2023-24 and 2024-25 for CPSEs.
Energy sectors returning increasing amounts of capital to shareholders instead of reinvesting into low-carbon growth areas
Bain & Company analysis shows every $1 billion in capital deployed toward the energy transition requires about $160 million in annual revenue from customers, but many are unwilling to pay more
Jakson Solar partners with Ariel Re to elevate credibility and assurance in solar PV modules
Under this strategic partnership, Jakson Solar will extend long-term Product & Performance Warranties with investment grade (re)insurance for their Solar PV Modules ranging from 400Wp to 600Wp.
ICG invests €400 million in Enfinity Global to fund its near-term growth
This investment will bolster Enfinity Global’s balance sheet to accelerate the completion of its 17GW portfolio, including 7.3 GW of energy storage assets.
