Energy Storage Company Flux Power Logs $7.7 Million Revenue in Q2 FY 2022, a 19% Growth YoY
Flux Power Holdings, a U.S.-based lithium-ion storage solutions provider, has reported a revenue of $7.7 million in the second quarter (Q2) of the fiscal year (FY) 2022, a 19% year-over-year ...
Spike in Freight Rates Likely to Impact Global Import Prices by 11% Until 2023: UNCTAD
The current surge in container freight rates, if sustained, could increase global import price levels by 11% and consumer price levels by 1.5% between now and 2023, according to UNCTAD's Review ...
Growth of Domestic Solar Manufacturing Hindered by Global Supply Chain Disruptions
The Indian government has come up with several initiatives to encourage domestic solar manufacturing. In April this year, the Union Cabinet approved the production-linked incentive (PLI) program to push gigawatt-scale manufacturing of ...
A Robust Domestic Solar Manufacturing Ecosystem Key to Overcoming Supply Disruptions
The Government of India is focusing on increasing the domestic manufacturing capacity of solar cells and modules to meet the high demand by solar developers and minimize reliance on Chinese ...
Apple’s Global Suppliers Moving to 100% Renewable Energy in Their Operations
Apple announced that over 110 of its manufacturing partners worldwide are moving to 100% renewable energy. The move would mobilize nearly 8 GW of clean energy to come online. These ...
With Industry Consolidation, 22,893 Wind Turbines Were Supplied in 2019: GWEC
The Global Wind Energy Council (GWEC) recently published the second edition of its annual ‘Supply-Side Analysis 2019’ report, which said that 22,893 wind turbines were installed globally in 2019. These ...
Wind Turbine Maker Vestas’ Revenue Surges 29% YoY in Q1 2020 Amid COVID-19
Vestas Wind System, a wind turbine manufacturer, revealed that in the first quarter of 2020, the company generated a revenue of €2.235 billion (~$2.42 billion), showing a year-over-year increase of ...