energy

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Crab Shells Could Power Next Generation of Rechargeable Batteries

Researchers at the Shandong Academy of Medical Sciences, China, and Kyushu Institute of Technology, Japan, are “upcycling” crab shells into porous, carbon-filled...

March 15, 2023

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Gautamee Hazarika

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Energy Storage

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Technology
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Perovskite Alkylammonium Chloride Solar Cell Achieves 26.08% Efficiency

Researchers at South Korea’s Ulsan National Institute of Science and Technology (UNIST) have developed a perovskite solar cell (PSC) by using alkylammonium chloride...

March 3, 2023

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Gautamee Hazarika

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Solar

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Technology
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Eos Energy’s Q4 Loss Widens YoY to $56.6 Million on Higher Interest Expenses

The net loss of Eos Energy, a sustainable zinc-based energy storage solutions provider, widened to $56.6 million for the fourth quarter (Q4) of the financial year (FY)...

March 2, 2023

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Gourav Mishra

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Energy Storage

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Finance and M&A
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Daqo’s Q4 Net Income Surges to $373 Million on Higher Polysilicon Sales

China-based manufacturer of photovoltaic (PV)-grade polysilicon Daqo New Energy Corporation posted a year-over-year (YoY) spike of 164% in its net income at $372.9...

March 1, 2023

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Gourav Mishra

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Finance and M&A

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Solar
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Daily News Wrap-Up: Module Price Drop an Outlier or a Trend?

Prices of solar modules imported from China are trending downward, worrying domestic manufacturers because they can’t compete if prices keep declining. Imported module...

February 27, 2023

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Mercom India

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Daily Wrap-up
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US Announces $2.5 Billion Funding for Carbon Capture Technologies

The U.S. administration’s Department of Energy (DOE) has announced $2.5 billion in funding for two carbon management programs to significantly mitigate the carbon...

February 24, 2023

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Gourav Mishra

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Technology
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Competition Watchdog Okays $450 Million Investment in Hero Futures Energies

The Competition Commission of India has recently approved a $450 million investment through the subscription of compulsorily convertible preference shares of Hero...

February 21, 2023

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Gourav Mishra

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Finance and M&A

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Solar
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Access to Finance Key to Raising EU’s Per Capita Solar Generation

Rooftop solar photovoltaics (PV) can help Europe generate 680 TW of electricity annually – which is a quarter of the current consumption in the European Union (EU)...

February 17, 2023

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Gourav Mishra

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Markets & Policy

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Solar
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bp acquires 55% Stake in Deep Wind Offshore, Expands to South Korea

Global energy business conglomerate bp and Deep Wind Offshore, an offshore wind project developer, have formed a joint venture to explore projects in South Korea. Under...

February 16, 2023

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Gourav Mishra

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Finance and M&A

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Wind
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Energy Storage Firm Fluence’s Q1 Net Loss Narrows to $37 Million on Higher Orders

U.S.-based energy storage technology and services provider Fluence‘s net loss for the first quarter (Q1) of the financial year 2023 narrowed to $37 million...

February 10, 2023

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Gourav Mishra

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Energy Storage

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Finance and M&A
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Enphase Energy’s Q4 Profit Climbs 193% YoY on Higher Shipments of Microinverters

Enphase Energy, a supplier of microinverter-based solar-plus-storage systems, reported a 193% YoY surge in profit at $153.8 million in the fourth quarter (Q4) of 2022....

February 10, 2023

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Gourav Mishra

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Energy Storage

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Finance and M&A
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Share of Renewables in Global Power Generation Mix to Reach 35% by 2025

As the global demand for electricity is expected to grow at an average rate of 3% annually over the next three years, renewables and nuclear power would also increase to...

February 8, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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NextEra’s Clean Energy Business’ Net Income Up 17% YoY in Q4 2022

The U.S.-based energy company NextEra Energy reported a net income of $1.52 billion for the fourth quarter (Q4) of 2022, up by 26.41% year-over-year (YoY), driven...

January 27, 2023

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Gourav Mishra

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Energy Storage

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Finance and M&A
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Researchers Improve Perovskite Solar Cell’s Resistance to Degradation

Researchers at the École Polytechnique fédérale de Lausanne (EPFL) and Sungkyunkwan University in South Korea have identified the cause behind the degradation of...

January 23, 2023

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Gautamee Hazarika

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Solar

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Technology
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JSW Energy’s Q3 Profit Dips 45% YoY to ₹1.8 Billion

JSW Energy, an independent power producer, posted a 45% year-over-year (YoY) drop in its profit at ₹1.8 billion (~$22.2 million) for the third quarter (Q3) of the...

January 23, 2023

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Gourav Mishra

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Finance and M&A

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Other

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