Global second-life EV battery market projected to reach a value of $9.93 billion by 2031, growing at a CAGR of 44.7%. Increasing demand for sustainable energy solutions and cost-effectiveness of used batteries driving market growth. Exciting opportunities lie ahead for players in the industry.
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NYU Langone Health and Summit Ridge Energy join forces to deliver 58 MWh of energy storage to NYC, supporting clean energy targets and enhancing grid resiliency.
Preventing energy shortages during heatwaves, solar power in southern Europe emerged as a vital solution. Spain and Greece lead in solar panel installations.
NHPC Limited signs an MoU with Maharashtra government to develop renewable energy sources & storage systems with 7,350 MW capacity. NHPC, with a net profit of INR38.9 billion in 2022-23, has 25 operational projects & constructing 16 more with 10,489 MW capacity, along with 12 projects at the clearance stage & two at investigation stage.
NYU Langone Health and Summit Ridge Energy join forces to deliver 58 MWh of energy storage to NYC, supporting clean energy targets and enhancing grid resiliency.
Indian government waives inter-state transmission system (ISTS) charges for green hydrogen, ammonia, offshore wind projects for 25 years till 2032, to encourage renewable energy.