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Wärtsilä report finds accelerated adoption of renewables can reduce electricity production costs by up to 50%

Green Car Congress

The Front-Loading Net Zero report states that electricity production costs could be reduced by up to 50% by 2050 if countries and states adopt 100% renewable systems faster than currently planned. As utilities do this, the mindset of energy leaders will change.

Renewable 399
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GlobalData: Global battery energy storage market to grow by 7% to reach $13.13B by 2023

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The global battery energy storage market will to grow to $13.13 Asia-Pacific (APAC) and EMEA will be the dominant markets for battery energy storage systems over the forecast period 2019-2023. The US market for battery energy storage is estimated to reach $2.96bn in 2023, accounting for 23% of the global market.

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Start-Up MOBI LATAM partners with EnergyX to develop Bolivian domestic lithium battery supply chain

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Bolivia is lithium-rich; the USGS estimates identified lithium reserves in the country to be 21 million tons—ahead of Argentina and Chile, the other members of the “lithium triangle”. However, Bolivia is production-poor; Chile and Argentina are top global producers, but Bolivia has yet to produce the mineral in commercial quantities.

Bolivia 320
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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

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A new, broad measure of “energy transition investment”, compiled by BloombergNEF (BNEF), shows that the world committed a record $501.3 billion in new renewable energy capacity in 2020, up 2% on the year, helped by the biggest-ever build-out of solar projects and a $50-billion surge for offshore wind. billion (down 11%).

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Enel acquires eMotorWerks to provide grid balancing solutions and tap into US e-mobility market

Green Car Congress

through its US subsidiary EnerNOC, has acquired California-based eMotorWerks, a North American supplier of electric vehicle (EV) charging stations, called JuiceBox, and owner and operator of JuiceNet, an Internet of Things (IoT) platform for the smart management of EV charging and other distributed energy storage facilities.

Grid 170
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Thermal Solar Goes Where PVs Can’t

Cars That Think

Even so, solar-thermal developments continue to unfurl across the planet's sunniest expanses, driven by the growing demand for energy storage and cleaner heat sources. Atacama Desert, Chile The US $1.4 When completed in late 2022, Noor Energy 1 will be the world's largest CSP project.

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Thermal Solar Goes Where PVs Can’t

Cars That Think

Even so, solar-thermal developments continue to unfurl across the planet's sunniest expanses, driven by the growing demand for energy storage and cleaner heat sources. Atacama Desert, Chile The US $1.4 When completed in late 2022, Noor Energy 1 will be the world's largest CSP project.