Author: Anela Dokso

Korean battery-makers, namely LG Energy Solution, SK On, and Samsung SDI, are preparing for the competitive surge triggered by CATL’s European expansion. Market trends indicate CATL’s aggressive growth, leveraging its position as a global leader with a 33% market share in the electric vehicle (EV) battery sector according to SNE Research. As these Korean giants strive to maintain a foothold, they confront the reality of CATL’s strategic maneuver to establish multiple gigafactories across Europe, catalyzing an intensified competition in a market predicted to hit 300 GWh by 2030. This expansion is fueled by CATL’s ability to optimize production costs and…

According to recent releases, the automaker asserts it has achieved a significant reduction in production costs, halving them, while simultaneously increasing power density threefold. This dual achievement, if substantiated, could represent a pivotal advancement in hydrogen fuel technology, potentially enhancing its viability as an alternative to traditional electric vehicles. The economics of hydrogen fuel technology are challenging, with costs being a primary barrier to widespread adoption. Reports indicate that the cost per kilowatt of Honda’s new system represents a marked improvement over previous iterations. However, while Honda’s claims suggest a breakthrough, comprehensive data validating these figures remains crucial for full…

The transition toward sustainable energy solutions is evidenced by a 270% increase in global renewable energy capacity since the start of the century. However, when energy storage enters the spotlight, industry professionals often find themselves at a crossroads.

BYD Energy Storage has secured contracts totaling 12.5 GWh for grid-scale energy storage projects with the Saudi Electricity Company. This latest development in February 2025 builds on a previously delivered 2.6 GWh project, summing up to 15.1 GWh of combined energy storage projects between these two entities. The strategic deployment of battery energy storage system (BESS) equipment is planned across five sites in Saudi Arabia, reflecting the escalated demand for grid stability against the backdrop of increasing renewable energy integration. The planned deployment will utilize BYD’s MC Cube-T energy storage systems, featuring advanced cell-to-system (CTS) super-integrated technology. As Saudi Arabia…

Indian Power Ministry has recently dictated that energy storage must be integrated alongside solar projects. This policy advancement aims to streamline renewable energy production, addressing critical grid stability issues. By 2030, India aspires to quadruple its renewable energy capacity from the current 101 GW. Yet, the integration of intermittent solar energy into the power grid presents formidable challenges. Data from the Ministry indicates that peak power shortages surged to 4.2% in the summer of 2023, highlighting the pressing need for consistent energy supply. The technical complexities of incorporating energy storage with solar infrastructure cannot be overlooked. Industry experts predict a…

In a significant shift within the energy sector, the global nuclear power industry is projected to grow substantially, with a forecast suggesting a near-doubling of nuclear electricity generation by 2050. Despite its potential to provide a stable and low-carbon energy source, the industry is fraught with hurdles that must be navigated by policymakers and industry leaders alike. The current landscape shows that countries such as South Korea, China, and India are at the forefront of this nuclear renaissance, each pursuing aggressive policies to expand their nuclear capacities. As of now, South Korea plans to construct six new nuclear power reactors,…

Hydrogen technology continues to draw significant attention in the energy sector, with promises of a cleaner alternative to fossil fuels.

Amidst shifting political dynamics, Fortescue Metals Group is re-evaluating its commitment to nearly $1 billion in approved hydrogen projects both in Australia and the United States.

In May 2024, the South Australian government, alongside federal counterparts, announced the deferral of a 600-million-dollar green hydrogen facility in Whyalla, redirecting funds into a 2.4 billion state-federal package to stabilize the region’s steelworks.

Nikola Corporation has filed for Chapter 11 bankruptcy protection, a stark development two years after its highly publicized rise as a leader in hydrogen fuel cell technology.