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.
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.
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.
The Middle East Solar Industry Association’s (MESIA) latest report says solar capacity in the Middle East and North Africa (MENA) region grew by 25% in 2024, with local manufacturing and energy storage also accelerating.
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.
Residential rooftop solar scheme PM Surya Ghar Muft Bijli Yojana (PM-SGMBY) has the potential to catalyze an INR 1.2 trillion ecosystem, with PV module, inverter, mounting equipment, and electrical component manufacturers as the primary beneficiaries alongside project developers and EPC players, says a new report by SBICAPS.
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.
India can become self-reliant in battery cell manufacturing if lithium remains in the country through recycling and used in batteries once again, added Vijay Mittal, Joint Secretary, Ministry of Heavy Industries, at the 4th India Battery Manufacturing and Supply Chain Summit 2025.
Sterling and Wilson Renewable Energy has posted consolidated revenue of INR 1,837 crore and profit before tax of INR 41 crore in the third quarter of FY 2025.
Global clean energy supply investments will reach $670 billion this year, said a report from S&P Global Commodity Insights.
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