Lithium carbonate prices declined in December, while SC6 prices rebounded after fluctuations Spot prices for battery-grade lithium carbonate stood at RMB 74,000-77,000/MT as of December 31. The average price was RMB 76,000/MT at the end of the month, down 2.6% MoM. CIF prices for Chinese lithium spodumene concentrate (SC6) came in at USD 810-860/MT, averaging … Continue reading Lithium carbonate prices decline in December, while cell prices stabilize at the bottom
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Hinen to Showcase Advanced Energy Storage Solutions at Solar Energy Expo 2025
From January 14-16, 2025. Solar Energy Expo 2025 will be held at PTAK International Exhibition Centre in Warsaw. This premier event, organized by PTAK Warsaw Expo, is a hub for renewable energy innovation in Central and Eastern Europe, showcasing the latest in solar technology. At that time, Hinen Polandwill jointly participate in the expo with … Continue reading Hinen to Showcase Advanced Energy Storage Solutions at Solar Energy Expo 2025
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World’s longest underwater cable for photovoltaic solar power gets green light from Singapore in Australia
SunCable receives approval to export photovoltaic (PV) electricity from Australia to Singapore via a 4,300-kilometer underwater cable. The power will come from the world’s largest photovoltaic and battery park, to be built in northern Australia at a cost of 35 billion dollars.SunCable receives approval to export renewable electricity from Australia to Singapore via a 4,300-kilometer … Continue reading World’s longest underwater cable for photovoltaic solar power gets green light from Singapore in Australia
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‘China price’ offers valuable certainty to global photovoltaic (PV) industry
Following the recent approval from the China Securities Regulatory Commission, the Guangzhou Futures Exchange launched polysilicon futures on Thursday, with polysilicon options scheduled to debut on Friday. This landmark move not only marks a significant step for China in establishing a pricing mechanism for polysilicon but also indicates that China’s position in the global photovoltaic … Continue reading ‘China price’ offers valuable certainty to global photovoltaic (PV) industry
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Batteries set to drive rapid photovoltaic growth
Chemical battery storage, led by lithium, has made such significant strides in terms of cost, capacity and technology that batteries are now positioned to accelerate our already exponential photovoltaic solar growth. “But what happens when the sun goes down?” This age-old refrain now has a definitive answer: “Batteries take over.” Throughout 2023 and 2024, lithium-based … Continue reading Batteries set to drive rapid photovoltaic growth
Continue readingThe new capacity market, key to battery deployment in Spain
The new capacity market aims to guarantee the security of electricity supply and promote the development of key technologies such as batteries. This market provides a stable source of revenue for energy storage projects, essential for the transition to a more renewable and flexible system. The capacity market is emerging as an essential tool to … Continue reading The new capacity market, key to battery deployment in Spain
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The new capacity market, key to battery deployment in Spain
The new capacity market aims to guarantee the security of electricity supply and promote the development of key technologies such as batteries. This market provides a stable source of revenue for energy storage projects, essential for the transition to a more renewable and flexible system. The capacity market is emerging as an essential tool to … Continue reading The new capacity market, key to battery deployment in Spain
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Cheaper electric cars: the key to unlocking mass-market adoption
The transition to electric mobility continues to advance rapidly, reshaping global energy and auto markets. Electric car sales in 2024 are anticipated to be robust, with around 17 million units sold over the course of the year. More than one in five cars sold worldwide this year is expected to be electric. Growth has been … Continue reading Cheaper electric cars: the key to unlocking mass-market adoption
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U.S. Department of Energy Selects 11 Projects to Advance Domestic Manufacturing of Next-Generation Batteries
The U.S. Department of Energy (DOE) today announced an investment of $25 million across 11 projects to advance materials, processes, machines, and equipment for domestic manufacturing of next–generation batteries. These projects will advance platform technologies upon which battery manufacturing capabilities can be built, enabling flexible, scalable, and highly controllable battery manufacturing processes. Batteries are … Continue reading U.S. Department of Energy Selects 11 Projects to Advance Domestic Manufacturing of Next-Generation Batteries
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EDP awarded with 160MW of capacity contracts for its first storage projects in Poland
EDP Renewables has been awarded with contracts for its two first battery energy standalone storage projects in Poland. The contracts, that will last for a period of 17 years, were granted by the Polish Grid Operator (PSE) in the recent capacity market auction and will amount to a total installed capacity of 160MW. Located in … Continue reading EDP awarded with 160MW of capacity contracts for its first storage projects in Poland
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Acciona Energía installs a battery storage system at the Extremadura I-II-III Photovoltaic Plant
ACCIONA Energía has started the installation of a battery energy storage system (BESS) using recycled batteries from electric vehicles at its Extremadura I-II-III photovoltaic plant in Almendralejo (Badajoz). The plant was built to support a Power Purchase Agreement with the global pharmaceutical group Novartis AG. The facility features two containers with a combined capacity of … Continue reading Acciona Energía installs a battery storage system at the Extremadura I-II-III Photovoltaic Plant
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India to mandate energy storage for photovoltaic, wind power projects
India’s Ministry of New and Renewable Energy (MNRE) may soon introduce new policies which will mandate the inclusion of battery storage in new solar and wind projects. Speaking at the 21st edition of the Global MSME Business Summit organized by the Confederation of Indian Industry (CII), MNRE Secretary Prashant Kumar Singh said that the government is … Continue reading India to mandate energy storage for photovoltaic, wind power projects
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Six highlights of the global energy transition in 2024
Solar photovoltaic and batteries are the big players in the energy transition in 2024, helping renewables knock fossil fuels – especially coal – off their pedestal in many countries and regions. 2024 was the year of solar and batteries – and this double act is set to reshape global energy systems. Solar superpowers are emerging … Continue reading Six highlights of the global energy transition in 2024
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Jacobs to help build $3.3 billion, 3.5 GW photovoltaic (PV) plant and 4.5 GW battery system in Philippines
US firm Jacobs will help build a $3.3 billion, 3.5 GW photovoltaic plant and 4.5 GW battery system in the Philippines to help the country reduce its reliance on coal for power generation. Located on a 30-square-kilometer site 150 kilometers north of Manila, the “Terra Solar” project will be one of the largest solar parks … Continue reading Jacobs to help build $3.3 billion, 3.5 GW photovoltaic (PV) plant and 4.5 GW battery system in Philippines
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Predictions for energy and natural resources in 2025
This is the season for looking to the future, and for the final Energy Pulse of 2024 I have collected 10 predictions from Wood Mackenzie analysts for the year ahead. The predictions for 2024 that I presented a year ago had quite a good hit rate. Some were spot-on: we were right about the increased … Continue reading Predictions for energy and natural resources in 2025
Continue readingUS Grid-Scale Energy Storage Continues Strong Year with Highest Q3 Installations on Record
3.8 GW of storage installed across all segments, 80% increase from Q3 2023 • Residential installations hit all-time high The U.S. energy storage market continued its strong growth in Q3 of 2024, with the grid-scale segment setting a new Q3 record at 3,431 megawatts (MW) and 9,188 megawatt-hours (MWh) deployed. According to the American Clean Power … Continue reading US Grid-Scale Energy Storage Continues Strong Year with Highest Q3 Installations on Record
Continue readingPhilippines builds world’s largest photovoltaic and battery project
The Philippines is working on the world’s largest solar photovoltaic plus battery storage project, and construction of the project began just a few weeks ago. Philippine President Ferdinand R. Marcos Jr. participated in the groundbreaking ceremony for the Meralco Terra Solar project. The project will have a solar power capacity of 3,500 megawatts (MW) and … Continue reading Philippines builds world’s largest photovoltaic and battery project
Continue readingEDP begins construction of its first stand-alone storage project in Europe
The 50 MW capacity battery to be installed in Kent, England, will support the stability of the British grid as more renewable energy projects come onstream in the country. Through EDP Renewables, EDP has already secured more than 130 MW of capacity in storage projects in Europe. EDP Renewables has started the construction of its … Continue reading EDP begins construction of its first stand-alone storage project in Europe
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New Analysis Shows Energy Storage Keeps Costs Low and Power Reliable in Texas
The American Clean Power Association (ACP) today released an analysis highlighting how recent significant additions of energy storage capacity over the past year in Texas has resulted in lower energy costs for consumers, the ability to avoid conservation appeals, and has enabled the power grid to better navigate extreme weather events. Key findings include: ERCOT … Continue reading New Analysis Shows Energy Storage Keeps Costs Low and Power Reliable in Texas
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American Clean Energy Breaks Records, Largest Q3 Ever
The American Clean Power Association (ACP) today released its latest Clean Power Quarterly Market Report, detailing a surge in clean energy deployment during Q3 2024, with 10.2 GW of clean energy capacity coming online. This record-setting quarter positions the industry to achieve a historic year in 2024, underscoring the strength of American clean power. Year-to-date … Continue reading American Clean Energy Breaks Records, Largest Q3 Ever
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