Energy Storage Systems Market: A Growing Market With A Promising Future

The market for energy storage systems was estimated at US$ 210.92 billion in 2021 and is projected to increase at a CAGR of 8.4% from 2022 to 2030, reaching US$ 435.32 billion. The market for energy storage systems is expanding quickly due to the rising need for dependable, environmentally friendly, and affordable energy storage solutions.

Trax Named a 2023 Top 100 Logistics IT Provider for Leading Carbon Emissions Reduction Initiatives

Trax is awarded for offering logistics cost-cutting and emissions reduction software for global enterprises

Offshore Wind Innovation Hub Hosts Live Wind-Win Startup Showdown

Innovators to Pitch Concepts to Expert Jury

Dedicated Nextracker Manufacturing Line at New MSS Steel Factory to Bring New Jobs and Millions of Dollars in Investment to Tennessee Valley Region

3-Gigawatt Volume Commitment Agreement Drives Additional Manufacturing Expansion in Memphis

Lithium Ion Battery Recycling

There has been a lot of discussion from students and instructors on SEI's campus regarding lithium battery recycling. SEI's Lab Manager and Instructor, Alex Jahp, was able to put together some information for our students and staff on the topic.

Biden-Harris Administration Announces $4.5 Million to Build K-12 Staff Capacity and Lower Energy Costs for Schools

The Biden-Harris Administration announced the Phase 1 Winners to share in the $4.5 million Energy Champions Leading the Advancement of Sustainable Schools Prize (Energy CLASS Prize) - a program designed to help some of the nation's highest-need K-12 schools make critical clean energy and health improvements by staffing, training, and supporting energy management positions.

Distributed Generation Market: A Paradigm Shift in Energy Production

The anticipated size of the worldwide distributed generation market in 2021 was US$ 263.35 billion. By 2030, this market is projected to have grown to US$ 703 billion, with a CAGR of 11.5% between 2021 and 2030. The sector is anticipated to rise as a result of rising infrastructure development investments and escalating government efforts.

Clean Hydrogen: Transforming Industries and Powering the Low-Carbon Revolution

The size of the world market for clean hydrogen, estimated at USD 1.41 billion in 2021, is predicted to reach USD 5.95 billion by 2030, rising at a noteworthy CAGR of 17.36% from 2022 to 2030. The development of new technologies, the rise of the renewable energy sector, and rising demand from the transportation industry are all contributing to this increase.

UbiQD Recognized as Best Overall Venture at the 2023 NREL Industry Growth Forum

The quantum dot leader presented to cleantech investors on its spectrum-shifting films that enable more efficient utilization of sunlight in agriculture and energy applications

Solarplaza Summit Portugal 2023

How come Portugal's cumulative solar capacity by the end of 2022 (2.59GW) was smaller than the annual capacity additions that Spain (3.4 GW) and not-that-sunny Netherlands (3 GW) managed to add that year? Boasting the highest solar radiation in Europe, Portugal has huge PV potential. However, despite often reaching over 50% of renewable energy production, only ~6% of that power output comes from solar. Investing in new technologies such as energy storage, floating solar, and green hydrogen, and simplifying the permitting process without sacrificing the environmental needs of Portugal are necessary updates to make. Thankfully, all these different strategies are being worked on and the Portuguese government is investing in the country's renewable future. A striking example: Europe's biggest solar park is being built in Santiago do Cac©m, Portugal! We are excited to return to this land of possibilities. This year we invite you to join us again in Lisbon for the Solarplaza Summit Portugal to explore the new technologies that are being invested in as well as emphasize the importance of self-consumption in the Portugal solar market, and the updates being made to the national grid. We are ready to harness the power of the Portuguese sun alongside you by fostering the sharing of knowledge and network!

President Biden Issues Veto, Rejecting Congressional Efforts to Repeal the Solar Tariff Moratorium

Statement From Gregory Wetstone, President and CEO of the American Council on Renewable Energy (ACORE):

Soltec's bifacial tracking increases production by 0.30%

• Soltec's new algorithm for bifacial modules seeks the optimal position of solar trackers in a photovoltaic plant considering both front and rear radiation. • The estimated economic gain for a 50 MW plant in Spain is €6,200 per year. • This algorithm is added to others from the company, such as TeamTrack or Diffuse Booster.

AI in Renewable Energy Market: Revolutionizing the Future

The world is moving towards a sustainable future, and renewable energy is at the forefront of this transition. With the use of artificial intelligence (AI), renewable energy systems are becoming smarter and more efficient. Technology is playing a vital role in revolutionizing the energy sector. AI has proven successful in learning and analyzing a vast amount of data. Having a compound annual growth rate (CAGR) of 27.9% throughout the forecast period the global market for AI in Renewable Energy is anticipated to reach US$ 75.82 billion by 2030.

Floating Solar Panels: The Future of Renewable Energy?

The biggest commercial benefits of floating solar can be found in areas where land is sparse and/or expensive. Using floating solar in these areas can be significantly more cost-effective, help generate income from otherwise unused bodies of water

AES Furthers Domestic Solar Supply Chain Commitments through Solar Recycling with SOLARCYCLE

Under the agreement, AES can send damaged or retired solar panels to SOLARCYCLE's advanced, high-recovery recycling facility in Odessa, Texas to be responsibly recycled and repurposed.

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