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New Delhi – July 10, 2025 — India’s Commerce and Industry Minister, Piyush Goyal, urged the country’s energy storage sector to accelerate efforts toward self-reliance and supply chain resilience at the opening of the India Energy Storage Week in New Delhi . Major Developments and Announcements ... Read More
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Canberra, April 6, 2025 — Prime Minister Anthony Albanese today unveiled a A$2.3 billion Cheaper Home Batteries Program, marking a major policy push to encourage the uptake of home solar battery systems and reduce household energy bills in the lead‑up to the May election . Canberra, April 6, 2025 — ... Read More
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Global – July 2025 — The residential solar energy storage market is experiencing rapid expansion, underpinned by strong market dynamics and technological advancements. Market Insights In 2024, the global residential solar energy storage market reached USD 61.5 billion, and is projected to grow at 18... Read More
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Global – July 2025 — A wave of recent reports by UBS, Rho Motion, and the International Energy Agency (IEA) reveal that world battery storage capacity must grow dramatically—between 8 and 34 times higher by 2050—to effectively support the global transition to renewable energy. Among battery ... Read More
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Tokyo, July 3, 2025 — Japan is preparing for a substantial surge in home energy storage systems (ESS), with LiFePO₄ (LFP) batteries set to dominate the market—thanks to their superior safety, affordability, and longevity. Solar Mandate Sparks Demand Starting April 2025, Tokyo has mandated rooftop ... Read More
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A recent MarketsandMarkets study forecasts the global lithium-ion battery market to grow from approximately US $194.7 billion in 2025 to around US $426.4 billion in 2033, reflecting a compound annual growth rate (CAGR) of 10.3%. What’s driving the surge? Electric vehicle expansion: The booming EV ... Read More
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Pure Lithium’s CEO Emilie Bodoin reports the company is successfully developing lithium-metal battery technology that avoids reliance on rare-earth metals, aiming for commercial-scale production. . Rare-earth‑free chemistry: Pure Lithium has engineered a lithium-metal battery that eliminates rare ... Read More
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Northbrook, IL – April 15, 2025 – UL Solutions has issued a public safety warning concerning Kepworth 24V 60Ah LiFePO₄ deep-cycle batteries. These units, labeled with an unauthorized UL Certification Mark, have not undergone proper safety testing by UL, and their compliance remains uncertain . Key ... Read More
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June 2025 – Lithium Iron Phosphate (LiFePO₄ or LFP) batteries have officially claimed a dominant position in the global lithium-ion battery market, accounting for over 60% of total market share in 2025. This rapid expansion reflects the growing demand for safer, cost-effective, and stable energy ... Read More
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The global demand for lithium batteries is skyrocketing, driven primarily by the booming electric vehicle industry and the increasing need for energy storage in the renewable energy sector. China, a major player in the lithium battery market, has witnessed a remarkable surge in exports. In the first ... Read More
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