Continued improvements in manufacturing and supply chain efficiencies are expected to yield an additional 46% reduction in average lithium-ion cell prices.
Europe & UK
Amid ongoing lockdown measures, demand for power in GB remains low and continues to weaken as the UK heads towards the summer months
The United States energy storage sector saw a strong first quarter, with residential storage setting another record while the non-residential market had its third-strongest quarter on record.
Policy & Regulation
Despite a $12.5 billion bailout for state distribution utilities to pay-off their dues, India should consider privatising distribution says GlobalData.
Enel X and Volvo Car Italia have partnered to accelerate the development of e-mobility in Italy, integrated charging solutions for Volvo EVs owners.
Shell has signed a deal with Bureau Veritas for the provision of solutions to help the company to reduce carbon footprint from global operations.
The total global spend on digital twins will increase by 17% between 2019 and 2021, according to energy market research firm Juniper Research.
The latest board statistics on the gender balance at the top of the UK energy industry shows progress in the number of women occupying board and executive board seats.
JVVNL has ordered some 430,000 smart meter modules from CyanConnode.