Blue Energy to set up EV truck, battery manufacturing facility in Maharashtra
Blue Energy Motors has signed an agreement with the Government of Maharashtra to set up a manufacturing facility designed to produce 30,000 EV trucks annually. The facility will also house a battery pack line.
S&P Global: Annual battery cell production passes 10 billion, lower prices to stimulate demand
While oversupply remains a feature of the lithium-ion battery production landscape, large production volumes are accelerating innovation and enhancing energy storage competitiveness. S&P Global analysis reveals that balance is likely to return to the global market in the coming years as stationary energy storage and EV adoption continues to accelerate.
The best tilt angle to improve PV module performance in world’s worst soiling accumulation zone
Scientists have measured the performance of PV modules under strong soiling conditions in Saudi Arabia and have identified the most suitable tilt angles for improving power generation. They have also found that a key role is played by rain intensity, dust, sandstorms, and cloud cover.
The Hydrogen Stream: SECI awards LoAs for electrolyser production-linked incentives
Solar Energy Corp. of India Ltd (SECI) has issued Letters of Award for incentives to set up electrolyzer manufacturing capacities under tranche II of the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme.
Five solar businesses added to forced labor list, banned from U.S. entry
Under the Uyghur Forced Labor Prevention Act (UFLPA), five businesses in China were added to an entity list, making them ineligible to provide products and services in the United States.
Model predicts solar to supply 50% of global energy demand by 2035
Solar energy will satisfy more than 50% of global energy demand within a decade according to a new modeling tool that also predicts solar costs will continue falling by 10% a year.
Chinese startup unveils flexible perovskite photovoltaic modules with 15.6% efficiency
Mellow Energy claims its ML-Flex panel is currently the world’s largest flexible perovskite solar module. Available in five versions with power output ranging from 260 W to 300 W, the module measures 1,200 mm x 1,600 mm and weighs only 2.04 kg.
Global solar module prices mixed on varying demand expectations
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
Corporate funding in solar sector globally falls 24% to $26.3 billion in 2024
Mercom Capital Group says inflation, high interest rates, trade disputes and policy ambiguity all contributed to a drop in corporate funding and merger and acquisition (M&A) activity in the solar sector last year.
Envirostream Australia signs battery recycling deal with Hithium Energy
Envirostream Australia, a subsidiary of Livium, has signed an exclusive recycling agreement with Hithium Energy to recycle lithium-ion batteries supplied by Hithium to Lightsource bp’s Woolooga solar farm in Queensland, Australia.
