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Global market
Electric Vehicle Battery
Lithium Prices Could Triple As EV Production Soars
The global market share of electric vehicles is set to rise so quickly that battery manufacturers will not be able to meet production requirements, a Rystad Ene…
Hybrid Power Plant
Global Energy Storage Installations to Exceed 10GW in 2021
According to a new report released by research firm IHS Markit, the global market for energy storage will more than double in 2021 from the 2020 level.
Electric Car
China and Italy to Manufacture New Energy Sports Vehicles for Global Markets
The Silk-FAW joint venture plans to launch the new full electric and hybrid luxury models under the Hongqi ‘S’ series – the first model of this series will b…
Smart Energy
Cities and Community Investment in Smart Energy to Hit $64 billion by 2030
Research firm Guidehouse Insights predicts the global market for smart energy technologies to expand at a compound annual growth rate of 10% between 2020 and 20…
Microgrid
PXiSE, Toshiba Form Alliance Targeting Japanese Microgrid Market
PXiSE Energy Solutions and Toshiba Energy Systems & Solutions have formed an alliance to develop microgrids, with an initial focus on Japan and growing to the g…
Gas turbine engine
MHPS Maintains Leadership in Global Heavy-Duty Gas Turbines Market
Mitsubishi Hitachi Power Systems continues to lead the power generation industry in global market share year-to-date for heavy-duty gas turbines.
Distributed energy
Annual Spending on DER Management to Hit $5.9bn by 2029
The global market for distributed energy resources management technology is expected to grow by 24.3% per annum between 2020 and 2029.
Market Analysis
Global Offshore Wind Market to Hit 23GW Capacity by 2026
The global market for offshore wind energy is expected to expand in value from $24 billion in 2019 to $75 billion in 2026.
Market Analysis
Renewables Market to Hit $226 Billion by 2021, Despite COVID-19
A new report exploring the impact of COVID-19 on the global market for renewable energy has been released.
LNG
The LNG Market Is“Imploding”
The global market for natural gas is also cratering.
Nuclear Power Plant
Nuclear Power Plant and Equipment Market Turning Up the Juice
The global market for nuclear power plants and equipment is worth $36.2 billion.
LNG
Qatar Petroleum: Coronavirus Turmoil Will not Stop LNG Expansion Abroad
Qatar Petroleum is pressing ahead with foreign as well as domestic expansion despite the global market turmoil caused by the coronavirus pandemic.
Oil Price
Calls Mount for New OPEC+ Deal as Oil Prices and Demand Slide
Oil producers need to resume cooperation in an effort to stabilize the global market, Russian and OPEC officials said, as the industry reels from a demand and p…
Crude Oil
Oil Ekes Out Gains as U.S. Stimulus Hopes Lift Global Markets
Oil prices extended gains for a third session on Wednesday, rising alongside broader financial markets on hopes Washington will soon approve a massive aid packa…
Crude
Oil Climbs After Russia Backs Possible Output Cuts to Counter Coronavirus Impact
Oil prices rose on Friday after Russia said it backs a recommendation for the OPEC and its producer allies to deepen output cuts amid contracting demand for cru…
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