In September 2024, Toyota announced that the Japanese government had approved its plans to build cars with solid-state batteries. But what makes these batteries so different, and why is Toyota [...]
The global energy storage market is projected to reach $620 billion by 2030. The increasing urgency for sustainable energy solutions in industries like Electric Vehicles (EVs) drives this growth. [...]
A recent report from Bain & Company shows that the demand for batteries is expected to multiply quadruple by 2030. This demand is driven by the EV market, which alone could exceed 2,000 GWh [...]
Samsung made waves at the Seoul SNE Battery Day 2024 Expo by unveiling its revolutionary solid-state oxide battery. Utilizing the innovative LPSO sulfide electrolyte, these batteries promise a [...]
Samsung captured the spotlight by announcing its groundbreaking solid-state battery technology at the InterBattery conference held on November 5, 2023, in Seoul, South Korea. This next-generation [...]
The chemical industry has long utilized traditional methods, such as the combustion of fossil fuels, to generate electricity. These methods pose significant environmental challenges, including [...]
The global push towards sustainable energy sources has significantly amplified interest in hydrogen as a clean fuel alternative. Current hydrogen fueling infrastructure consists of traditional [...]
Hydrogen electrolyzers are critical components in hydrogen production using water electrolysis. However, the main challenges with current electrolyzer technologies are costs, limited efficiency, [...]
Recently, the Indian Conglomerate Adani Group announced it would invest $9 billion in manufacturing and transportation infrastructure in its green hydrogen venture. Hydrogen storage has [...]
Lithium-ion battery electric vehicles (EVs) have become the preferred choice in modern transportation, celebrated for zero emissions and efficiency. However, they struggle with challenges like [...]
The production of hydrogen via Steam Methane Reforming (SMR) emits approximately 830 million tonnes of CO2 annually worldwide, accounting for 2.2% of global CO2 emissions from fossil fuel [...]
The hydrogen industry is also growing due to the increased adoption of fuel cells, electric vehicles, clean energy, and carbon emission reduction efforts. However, there is a large gap between [...]
Lithium-ion batteries have long been the standard in the battery industry, powering everything from mobile devices to electric vehicles. While these batteries have advanced portable power, they [...]
Unlike its predecessor, Carbon Capture Storage (CCS), Carbon Capture and Utilization (CCU) boosts profitability by transforming captured CO2 into valuable products. These include advanced [...]
The basis of a virtual power plant is that an electricity grid virtually connects hundreds, even thousands, of homes. These homes may already have solar and energy storage facilities installed. A [...]
If you are working in the energy sector, you must be aware of the research and development in various energy storage & hydrogen technologies. Various industrial applications such as glass, [...]
“By 2050, global hydrogen demand could grow sixfold, and provide 10% of the global energy consumption.”- International Energy Agency Green hydrogen is a rescue from the CO2-producing chemical [...]
Hydrogen has emerged as a promising clean energy source, but its production methods have faced significant environmental challenges. Traditional methods rely heavily on fossil fuels, contributing [...]
Liquid hydrogen, known for its high energy density and zero-emission potential, offers a promising solution to the limitations of current energy carriers. Unlike compressed hydrogen gas, liquid [...]
In 2023, the global energy storage market experienced its most significant expansion on record, nearly tripling. This surge occurred amidst unprecedentedly low prices, particularly noticeable in [...]
Current energy storage solutions face challenges such as negative environmental impacts, geographical constraints, scalability issues, and long-term sustainability issues. For instance, [...]
Perovskite solar cells have grabbed significant attention due to their remarkable potential to achieve power conversion efficiencies exceeding 25%, outperforming conventional silicon and gallium [...]
Lithium-ion batteries have largely powered electric vehicles (EVs), which offer high energy density and relatively long life cycles. However, challenges such as lengthy charging times, limited [...]
With the growing demand for clean energy, solar, and wind power fall short in providing a constant supply. Thus, there is an urgent need for new ways to store efficient, scalable, environmentally [...]
In the evolving landscape of energy storage and electric vehicles (EVs), current solutions like lithium-ion batteries have dominated the market due to their reliability, high energy density, and [...]
Despite their widespread adoption, lithium-ion batteries face significant challenges, including limited energy density, concerns over safety due to thermal instability, and environmental issues [...]
The solar industry drastically reshaped the global energy landscape in 2023. In the first half of the year, solar energy contributed an impressive 45% to all new electricity-generating capacity [...]
The Battery recycling industry is rapidly growing to prevent environmental degradation as the world transitions to electric vehicles and other battery-powered devices. In the efforts to go green [...]
“Global demand for biofuels is set to grow by 41 billion liters over 2021-2026, and the market size is predicted to be around USD 331.89 billion by 2030, with a CAGR of 11.9% from [...]
As an innovation manager in the energy storage domain, you should not overlook the opportunity Distributed Energy Storage System brings to the table. Its advantages are clear, and its growth [...]
We all know that the energy crises have been weighing down the world. But what exactly is the problem with energy storage systems? And how can a Hybrid energy storage system help overcome this [...]
In 2021, the global advanced lithium-ion batteries market was valued at $15.03 billion and is expected to increase and reach $112 billion by 2030. During the forecast period, the market will grow [...]
As energy crises and prices sharply increase, we are witnessing some amazing innovation trends in the energy storage sector. One such trend we discuss in this post is “Smart Grid technology,” [...]
In 2021, the global battery energy storage systems market was valued at $4.04 billion and is expected to increase to $34.72 billion by 2030 with an approximate CAGR of 27%. Growing demand [...]
As per the report by Global X ETF, to reach global net-zero power sector targets, Long-Duration Energy Storage Systems must be scaled up by an estimated 400 times from present-day levels to [...]
Transportation has contributed to the U.S.’s 27% of 2020 greenhouse gas emissions and holds the largest share of greenhouse gas emissions. As a result, two technologies have emerged to meet [...]
Boeing’s Dreamliner 787, which Boeing advertised as 20% fuel efficient, was grounded in 2013. In the same year, Tesla’s Model S came under a federal safety investigation after it caught fire [...]
Renewables are expected to supply four-fifths of the world’s electricity by 2050, massively cutting down carbon emissions and helping to mitigate climate change. But what do you do when no [...]
Do you know that there is a technology that lets you generate energy from the sun even when the sky is cloudy or when it is raining? Our fossil fuel sources are depleting at supersonic speed. [...]
Solar power is widely known for rooftop photovoltaic solar stations which consist of huge solar panels and other components, but nowadays solar power can be collected and used in many different [...]
This article is a part of our in-depth technology landscape analysis on solar cells (specifically about nano-photovoltaic solar cells). For your ease, we have divided the entire analysis into 4 [...]
Earth receives enough sunlight to generate around 52 Petawatt/hr of energy. To give you an idea, China’s entire electricity production in 2013 was 5.21 Petawatt/hr which is equal to 10% of what [...]
In the next 40 years, all of our non-renewable energy resources will disappear if we keep exploiting them at the current pace. Stats like this shifted our focus on finding alternative renewable [...]
The push to develop solar cells with higher efficiency and lower manufacturing cost has never been more urgent than today when the climate changes are escalating. The Sun in an hour provides [...]
