Browsing: energy storage

Canadian Solar has secured a 500 MW, 2,493 MWh battery energy storage system agreement through its e-STORAGE division, targeting infrastructure that supports data center reliability and grid resilience.

Tesla and LG Energy Solution (LGES) are expanding their U.S. battery manufacturing footprint with a $4.3 billion lithium-iron phosphate (LFP) prismatic cell facility in Lansing, Michigan, aimed at supporting Tesla’s Megapack 3 energy storage systems.

European consumers are once again exposed to a significant “geopolitical premium” at the pump, with oil prices surpassing $100 a barrel and T&E research projecting an extra €150 million daily in fuel costs.

SK Innovation’s battery unit, SK On, is actively negotiating with multiple U.S.-based data center operators and energy developers to supply lithium iron phosphate (LFP) batteries for energy storage systems, aiming to secure at least 10 gigawatt-hours of contracts in 2026.

Solar photovoltaic capacity in the United Arab Emirates is projected to increase nearly fivefold over the next decade, rising from 6.7GW in 2025 to 32.3GW by 2035, according to analysis from GlobalData.

Global renewable energy installed capacity stood at 4.1TW in 2025. According to GlobalData’s latest “Renewable Energy: Strategic Intelligence” report, that figure is forecast to reach 8.4TW by 2031, a compound annual growth rate of 13% over six years.

When roughly 20 million barrels of crude and oil products transited the Strait of Hormuz daily before hostilities escalated in late February, energy analysts largely treated oil and gas as symmetrically exposed to any closure. That assumption is now colliding with arithmetic.

The energy transition has a learning problem, not just a technology problem. Shomron Jacob, AI/ML expert and entrepreneur with over…

Within hours of US and Israeli strikes on Iran on February 28, 2026, Brent crude surged toward $110 a barrel,…

Electric vehicle investment has entered a costly correction phase. According to industry analysis from Automotive Manufacturing Solutions, automakers and suppliers have already absorbed roughly $60 billion in losses as electric vehicle production volumes fall short of earlier projections.