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The LFP Battery Market Is Set to Grow at a 9.9% CAGR, Driven by EVs and Renewable Energy Storage
The global market for lithium iron phosphate (LFP) batteries is expected to reach USD 16.54 billion by 2031, with a compound annual growth rate (CAGR) of 9.9%, driven by growing demand from electric vehicles (EVs) and renewable energy storage systems.
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The LFP Battery Market Is Set to Grow at a 9.9% CAGR, Driven by EVs and Renewable Energy Storage
The global market for lithium iron phosphate (LFP) batteries is expected to reach USD 16.54 billion by 2031, with a compound annual growth rate (CAGR) of 9.9%, driven by growing demand from electric vehicles (EVs) and renewable energy storage systems.
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Scatec and Egypt Aluminium sign agreement for 1.1 GW solar project in Egypt
Scatec ASA has signed a 25-year Power Purchase Agreement (PPA) with Egypt Aluminium to develop a 1.1 GW solar photovoltaic project coupled with a 100 MW/200 MWh battery energy storage system in Egypt, supported by a sovereign guarantee.
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Scatec and Egypt Aluminium sign agreement for 1.1 GW solar project in Egypt
Scatec ASA has signed a 25-year Power Purchase Agreement (PPA) with Egypt Aluminium to develop a 1.1 GW solar photovoltaic project coupled with a 100 MW/200 MWh battery energy storage system in Egypt, supported by a sovereign guarantee.
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Scatec begins commercial operation of 60 MW at the Mmadinare solar project
Scatec ASA has launched the commercial operation of the first 60 MW phase of the Mmadinare solar complex in Botswana. This 120 MW project is based on a 25-year power purchase agreement with Botswana Power Corporation.
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Scatec begins commercial operation of 60 MW at the Mmadinare solar project
Scatec ASA has launched the commercial operation of the first 60 MW phase of the Mmadinare solar complex in Botswana. This 120 MW project is based on a 25-year power purchase agreement with Botswana Power Corporation.
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Korkia sells the Mere Flats solar project to a NextEnergy Capital fund
Korkia has completed the sale of the Mere Flats solar and energy storage project to a fund managed by NextEnergy Capital. Located in South Yorkshire, this 56 MWp solar and 16 MW battery site is the first in Korkia’s UK portfolio to reach the ready-to-build stage.
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Korkia sells the Mere Flats solar project to a NextEnergy Capital fund
Korkia has completed the sale of the Mere Flats solar and energy storage project to a fund managed by NextEnergy Capital. Located in South Yorkshire, this 56 MWp solar and 16 MW battery site is the first in Korkia’s UK portfolio to reach the ready-to-build stage.
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X-ELIO secures six power purchase agreements in the United States
X-ELIO has signed six power purchase agreements with a total capacity of 172 MW with Cisco Systems, Biogen, IDEXX Laboratories, and Waters Corporation. These 12-year contracts are linked to the Star Dairy and Rosebud projects, scheduled to begin operations in 2027.
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X-ELIO secures six power purchase agreements in the United States
X-ELIO has signed six power purchase agreements with a total capacity of 172 MW with Cisco Systems, Biogen, IDEXX Laboratories, and Waters Corporation. These 12-year contracts are linked to the Star Dairy and Rosebud projects, scheduled to begin operations in 2027.
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United States sets new record with 50 GW of installed solar capacity
In 2024, the United States added 50 gigawatts (GW) of solar power to its grid, marking the largest single-year addition of capacity by any energy technology over the past two decades.
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United States sets new record with 50 GW of installed solar capacity
In 2024, the United States added 50 gigawatts (GW) of solar power to its grid, marking the largest single-year addition of capacity by any energy technology over the past two decades.
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Tata Power commits INR 49,000 crore for 7 GW projects in Andhra Pradesh
Tata Power's renewable subsidiary finalizes agreement to develop 7 GW of hybrid energy projects in Andhra Pradesh, marking one of India's largest sector investments in the state.
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Tata Power commits INR 49,000 crore for 7 GW projects in Andhra Pradesh
Tata Power's renewable subsidiary finalizes agreement to develop 7 GW of hybrid energy projects in Andhra Pradesh, marking one of India's largest sector investments in the state.
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Australia to face 1.16 million tonnes of solar waste by 2035
Australia will accumulate over one million tonnes of obsolete solar panels by 2035, driven by widespread photovoltaic adoption, creating significant industrial challenges related to waste management within the sector.
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Australia to face 1.16 million tonnes of solar waste by 2035
Australia will accumulate over one million tonnes of obsolete solar panels by 2035, driven by widespread photovoltaic adoption, creating significant industrial challenges related to waste management within the sector.
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Louth Callan Renewables wins 213 MW solar project contracts in Delaware
Louth Callan Renewables, a U.S.-based engineering and construction company, has secured two solar power contracts totaling 213 megawatts in Delaware, expanding its strategic presence in the competitive Mid-Atlantic solar market.
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Louth Callan Renewables wins 213 MW solar project contracts in Delaware
Louth Callan Renewables, a U.S.-based engineering and construction company, has secured two solar power contracts totaling 213 megawatts in Delaware, expanding its strategic presence in the competitive Mid-Atlantic solar market.
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France: CRE calls for tariff adjustments to stabilize the market
The French Energy Regulatory Commission has requested government modifications to new tariff provisions aimed at small photovoltaic installations to prevent economic instability for sector professionals.
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France: CRE calls for tariff adjustments to stabilize the market
The French Energy Regulatory Commission has requested government modifications to new tariff provisions aimed at small photovoltaic installations to prevent economic instability for sector professionals.
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