Tasmania’s Incat launches ‘world’s largest battery-electric ship’
May 05, 2025
When it enters service between Buenos Aires and Uruguay, the 130 metre-long vessel, called Hull 096, will operate entirely on battery-electric power, carrying up to 2,100 passengers and 225 vehicles across the River Plate.
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UK scientists secure $8 million for 2D chip research
May 02, 2025
This will help develop energy efficient, atomically-thin semiconductors to dramatically reduce the electricity demand from AI data centres and high-performance computing.
UL Solutions enhances BESS safety test methods
April 23, 2025
The new testing methods address industry innovations, including test methods for non-lithium-ion battery chemistries that reflect the evolution of battery technology while continuing to address fire risk mitigation.
Google unveils pioneering geothermal plant initiative for Taiwan
April 22, 2025
Google has released details of a 10MW geothermal energy plant to fuel AI chip production in Taiwan, signaling an enormous green innovation.
HIES launches next-gen inverter system to strengthen power grids
April 21, 2025
Hitachi Industrial Equipment Systems’ (HIES) cutting-edge power conditioner helps stabilize electric power systems by simulating the stabilizing effects once provided by large power plants.
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JSW completes $1.44B acquisition of O2’s 4.7 GW renewable platform
April 11, 2025
The portfolio is diversified across seven Indian states and includes 1.8 GW of solar, 0.5 GW of wind, 1.6 GW of hybrid, and 0.9 GW of complex solutions like FDRE/RTC.
Magnachip to exit display business – shifts focus to power semiconductors
April 10, 2025
Magnachip Semiconductor says that it will shut down its Display business by the end of the second quarter of 2025, transitioning into a pure-play power semiconductor company focused on Power IC and Power discrete solutions.
Kulicke & Soffa to shut down electronics assembly equipment business
April 02, 2025
Kulicke & Soffa’s board of directors has approved a strategic plan to cease operations of its electronics assembly equipment business. The decision aims to refocus the company on core semiconductor assembly business opportunities and improve long-term financial performance, according to a regulatory filing.
Compound semiconductor materials market to cross $91B by 2035
March 31, 2025
EVs are emerging as a critical application area in the compound semiconductor industry, as many EV makers are resorting to MOSFETs or SiC Schottky barrier diodes (SBD) in DC-DC converters.
TotalEnergies to invest $173M in battery storage in Germany
March 27, 2025
The six new battery storage projects totalling 221 megawatts will be commissioned next year and supplied by Total’s German subsidiaries SAFT and Kyon Energy.
PGE to invest $4.7 billion in battery storage projects
March 25, 2025
PGE, Poland’s largest power utility, aims to build 85 energy storage projects that will hike its storage capacity to over 17,000 megawatt hours and power 2.5 million households.
Battery technology market to reach $137 billion by 2031
March 21, 2025
Asia Pacific is the largest market for battery tech with a share of 50%, followed by Europe and North America. In terms of products, lead-acid battery is the largest segment with a share of 55%.
IITK, Mars Antennas team up to develop EV chargers, inverters
March 20, 2025
Mars Antennas will provide funding, industry insights and access to its manufacturing and testing facilities. IIT Kanpur will bring in research expertise, advanced facilities and technical know-how.
Magnachip to drop display business, goes all-in on power
March 18, 2025
Magnachip Semiconductor plans to transition into a pure-play power semiconductor company, a move aimed at boosting revenue growth, improving profitability, and increasing shareholder value. The company is now exploring strategic options for its display business, which could include a sale, merger, joint venture, licensing agreement, or even a complete wind-down.
Rio Tinto, Edify sign agreement for Queensland operations
March 14, 2025
Under the agreements, Rio Tinto will purchase 90% of the power and battery storage capacity generated by the Smoky Creek & Guthrie’s Gap Solar Power Stations for 20 years in Queensland, Australia.
Indian energy startup AmpereHour raises $5 million
March 12, 2025
The Mumbai-based energy storage firm intends to use the funds to expand manufacturing and software capabilities, enhance R&D and boost product development, according to a report by the Economic Times.
Tamil Nadu plans 6 BESS units to meet power demand
March 10, 2025
The project with a combined capacity of 500 MW will be implemented under a Build-Own-Operate (BOO) model with a two-hour discharge cycle, enabling the stored energy to be released as needed.
SiC power semiconductors market to reach $11.7B by 2035
March 03, 2025
Silicon carbide (SiC) power semiconductors have gained significant traction in high-power applications due to their superior thermal conductivity, higher breakdown voltage and energy efficiency.
U-M awarded up to $7.5M to develop heat-tolerant chips
February 21, 2025
Funded by the Silicon Crossroads Microelectronics Commons Hub, University of Michigan researchers are leading a collaborative effort to bring more such semiconductors to the market.
NGEN commissions Austria’s largest BESS facility
February 17, 2025
The Fürstenfeld storage plant is equipped with six Tesla Megapack 2XL battery modules utilizing lithium ion technology, with integrated cooling and control systems for optimized performance.
Mitsubishi Electric, HD Renewable Energy sign JV
February 17, 2025
As part of their collaboration, the companies will establish an aggregation business joint venture and Mitsubishi Electric will acquire a stake in HD Renewable Energy, according to a media release.
Waaree bags $4.6M battery storage project in Gujarat
February 17, 2025
The technology for the project will utilize lithium iron phosphate (LFP) based liquid-cooled containerized BESS solution.
Power semiconductor market to reach $75 billion by 2032
February 06, 2025
Countries like China, Japan, the US, Germany, India and France are leading this growth by adopting advanced technologies and backed by supportive government policies.
SVI opens its first production facility in the US
January 23, 2025
Thailand-based EMS provider SVI Electronics is opening its first manufacturing location in the United States in Vancouver, Washington.
Hitachi Energy wins over €2 billion order from Amprion
December 23, 2024
Hitachi Energy has signed contracts totalling over EUR 2 billion with German transmission system operator (TSO) Amprion to deliver four converter stations for two high-voltage direct current (HVDC) links that will support Germany’s clean energy transition.
ABB to acquire power electronics business of Gamesa Electric
December 18, 2024
ABB has signed an agreement to acquire the power electronics business of Gamesa Electric in Spain from Siemens Gamesa.
ADB, Gulf finalize $820 million loan for Thai green projects
November 29, 2024
The portfolio comprises 8 ground-mounted solar PV plants with contracted capacity of 393 MW and 4 ground-mounted solar PV plants with battery energy storage with contracted capacity of 256 MW.
Sodium-ion battery innovation in US gets $50 million push
November 22, 2024
The LENS Consortium aims to develop high-energy, long-lasting sodium-ion batteries using safe, abundant and inexpensive materials.
Arizona grid gets 200 MW Tesla battery storage boost
November 22, 2024
Utility Salt River Project and EDP Renewables North America subsidiary Flatland Storage are launching the Flatland Energy Storage Project to help meet the state’s energy demands.
$712 million battery plant in Kentucky to create 1572 jobs
November 18, 2024
The Shelbyville Battery Manufacturing plant, a part of Canadian Solar Inc, will produce 20 feet long, 8 feet wide and nearly 9 feet tall batteries used to store energy at large scale.
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