Browsing: battery

Global renewable investments topped $1.8 trillion in 2023, yet fossil fuels still supply over 80% of the world’s primary energy.…

In a marked departure from years of cautious optimism, merchant battery energy storage systems (BESS) in India have turned profitable. According to a new report from energy think tank Ember, BESS projects commissioned in 2025 could deliver internal rates of return (IRR) of up to 17% by engaging solely in India’s power exchanges—without fixed power purchase agreements (PPAs).

China’s battery giant CATL has now deployed 400 battery swap stations for passenger electric vehicles (EVs), reinforcing its aggressive push…

In 2024, 91% of new renewable energy projects worldwide delivered power at a lower cost than any new fossil fuel alternative, according to the latest data from the International Renewable Energy Agency (IRENA).

Table of Contents Key Findings in Energy Transition Scenario Analysis for Future Energy Mix Technology Deployment and Scaling Climate and…

By mid‑2025, the Senate’s GOP majority had every reason to trumpet a legislative victory: a 940‑page reconciliation package promising permanent…

The Department of Energy (DOE) has rescinded 24 previously awarded clean energy demonstration projects totaling more than $3.7 billion in federal funding.

Honda’s decision to postpone its $10–11 billion EV supply chain project in Ontario underscores the volatility now defining North America’s…

British utility SSE has secured planning permission for an 80-MW/160-MWh battery energy storage system (BESS) in County Mayo—signaling a cautious but necessary step toward bolstering grid flexibility.

BloombergNEF’s 2025 New Energy Outlook provides a comprehensive analysis of the future trajectory of the global energy sector. This examination…