Category: Energy
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Leading the way to a secure color scheme | Energy Global
1. The paint industry has traditionally relied on isocyanate and epoxy for their durability and corrosion prevention. 2. New innovations are leading to safer industrial coating solutions that eliminate health risks associated with traditional paints. 3. These new coatings offer similar or enhanced performance metrics, such as corrosion resistance, quicker drying times, and longer pot…
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Call2Recycle and Ascend Elements Enter Formal Agreement to Provide Specialized Services for Electric Vehicle Battery Management, Logistics, and Recycling
1. New program combines recycling technologies with GreenTraxEV platform for EV battery logistics and recycling. 2. Agreement between Ascend Elements and Call2Recycle aims to collect and recycle over 300,000 EV battery packs by 2030. 3. Call2Recycle and Ascend Elements partner to offer comprehensive EV battery recycling and tracking program. A new program developed by Ascend…
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Enel sees an 86.8% increase in net income in Q1 2024
– Enel reported an 86.8% surge in group net income for Q1 2024 – Revenues declined by 26.4% due to lower earnings from thermal generation – Enel’s EBITDA increased by 11.6% in the same quarter, attributed to positive performance in certain business units and geographic areas Enel, an Italian utility company, reported an 86.8% increase…
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LONGi achieves record-breaking efficiency of 27.3% on HJT solar cells during laboratory testing
1. LONGi has broken a world-record for silicon solar cell efficiency, reaching 27.30% under laboratory conditions. 2. LONGi also holds the record for efficiency in crystalline silicon-perovskite tandem solar cells, set at 33.9% in November 2023. 3. The record-breaking efficiency was announced alongside the launch of the new Hi-MO 9 solar module, which can reach…
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Revenue decline in Fluence, introduction of new 5MWh product, and launch of US-manufactured modules.
1. Company’s financial performance improved, with increased profit margin and reduced net loss and adjusted EBITDA loss. 2. Reaffirmed full-year guidance for revenue and adjusted EBITDA, with a backlog of US$3.7 billion. 3. Introduced new energy-dense Gridstack Pro 5000 BESS platform, and positioned itself for tax credit incentives by partnering for US module production and…
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Impacts of Delayed Energy Transition on Trillions of Dollars Spent
1. Wood Mackenzie’s analysis indicates a potentially delayed energy transition could lead to a 55% decrease in annual spending, with a total investment shortfall of $27 trillion. 2. Energy Transition Commission estimates $110 trillion in capital investment is needed between 2021 and 2050, with a focus on power systems, hydrogen, buildings, transport, industry, and carbon…
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Five New Renewable PPAs Signed by ReNew Energy
– ReNew has signed five power purchase agreements totaling 2.2 GW of renewable energy capacity, expanding its portfolio to 15.6 GW in India. – The PPAs include three solar agreements with central government utilities and a 1 GW Firm and Dispatchable Renewable Energy PPA with SJVN Limited. – ReNew’s expansion comes as India aims to…
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Supervised Cross Country Adventures with Tesla’s Full Self Driving Technology
1. Made a 1500-mile trip from Utah to Northern Wisconsin in a Tesla Model 3 Long Range with e-bikes on a bike rack. 2. Utilized Tesla’s Supercharger network for charging along the way, with some challenges due to reduced range from the e-bikes. 3. Experienced the benefits and limitations of Tesla’s Full Self-Driving (FSD) system,…
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In April, fossil fuels accounted for less than 25% of the EU’s electricity generation for the first time.
– Fossil fuels produced less than a quarter of the EU’s electricity for the first time in April 2024 – Solar and wind reached a record 27% of the EU’s electricity mix in 2023 – Wind and solar generated more than a third (34%) of EU electricity in April 2024, beating the previous record In…
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“Benefits of Third-Party Warehousing for Solar EPCs: 8 Reasons to Consider”
1. U.S. solar supply chains face increased scrutiny and substantial tariffs on imported components. 2. Biden Administration postponed module tariffs, leading to a rush in purchasing solar products. 3. Solar EPCs should consider third-party warehousing partners for cost-effective, flexible, and value-added services to manage inventory and logistics efficiently. In recent years, U.S. solar supply chains…