3+ week, 2+ hour ago  (250+ words) The partnership aims to deliver a fossil-free transport ecosystem for coastal areas. Singapore's Canopy Power have signed a memorandum of understanding (MoU) with Sweden's Candela to develop water mobility in the Asia-Pacific (APAC) region. Canopy Power specialises in renewable microgrids…...

3+ mon, 5+ day ago  (240+ words) Global solar inverter market is expected to contract for two consecutive years post-2024. China's solar inverter market is projected to decline in 2025, a first since 2019. According to Wood Mackenzie's analysis, the Chinese market is expected to reach 304 gigawatts AC (GWac)…...

3+ mon, 1+ week ago  (196+ words) Market expansion is fueled by rising focus on clean heating and energy security. The global geothermal heat pump market is expected to hit $12.5b by 2031, reflecting a compound annual growth rate of 7.6% from 2022 to 2031. According to a new report by Allied…...

11+ mon, 23+ hour ago  (966+ words) In 2024, lithium-ion battery pack prices dropped to the lowest in eight years. Significantly lower raw material costs and more affordable battery technologies are driving investments in the Asia-Pacific region's battery energy storage system (BESS) market. This means more room for…...