According to the estimates of IHS Markit (now part of S&P Global), Growatt was ranked the No.1 residential inverter supplier globally in 2021, consolidating its market-leading position for a second consecutive year.
As the Biden Administration aims to significantly increase federal investment in renewable energy under the American Jobs Plan, the USA already ranks as the most attractive market for renewables investment, according to IHS Markit.
Global investment in renewables is poised to bounce back in 2021, rising 8.5% to $255 billion—in line with 2019 levels, according to IHS Markit.
As the number of batteries reaching their end of life is set to increase seven-fold by the end of this decade, the battery recycling industry is expecting to see substantial growth.
Annual global investments in green hydrogen - hydrogen production powered by renewable sources - are now expected to exceed $1billion USD by 2023 according to IHS Markit.
For the past 30 years, noncarbon energy’s share of global primary energy demand compared to fossil fuels held remarkably steady—now energy transition is starting to accelerate.
The average cost of a lithium-ion (Li-ion) battery cell will fall below $100 per kilowatt hour (kWh) in the next three years, according to a new analysis by IHS Markit.
The global grid-connected energy storage market—which endured its first ever year-on-year decrease last year—is expected to rebound in 2020 despite ongoing impacts from COVID-19, according to IHS Markit.
Oil and gas field operations are beginning to be fuelled by a surprising source: renewable energy. This is according to new research by IHS Markit.
