The European Union spends USD 370 billion on clean energy today, while China is set to spend almost USD 680 billion in 2024, supported by its large domestic market and rapid growth in the so-called
View Details
Bottom line is, ultra-cheap solar and storage gear is on its way out. The next phase of the energy transition will likely come with higher but more sustainable prices.
View Details
Solar, wind, and battery storage costs will keep falling, with reductions of up to 11% in 2025. China leads this trend, but Western protectionism may slow the decline of renewables.
View Details
For these countries, combining solar with storage is now the most affordable path to meet soaring demand, improve energy security and reduce dependence on fossil fuel imports.
View Details
A resilient and cost-efficient energy system requires both centralised and decentralised flexibility, making the reactivation of residential and commercial storage a priority. This edition of the
View Details
Estimated cell manufacturing cost uses the BNEF BattMan Cost Model, adjusting LFP cathode prices with ICC cathode spot prices. The cost here refers to manufacturing cost which is different from price
View Details
China and European solar and storage leaders met in Düsseldorf, Germany, this week to call for deeper cross-border cooperation as both regions confront record PV additions, rising...
View Details
New York/ London, February 6, 2025 – The cost of clean power technologies such as wind, solar and battery technologies are expected to fall further by 2-11% in 2025, breaking last year''s record.
View Details
The analysis reveals that three converging factors -- polysilicon consolidation, supply-side production cuts, and the cancellation of China''s 13% VAT export rebate -- will drive solar module
View Details
China remains the lowest-cost market by a wide margin. Average system prices there fell to $73/kWh in 2025, compared with $177/kWh in Europe and $219/kWh in the US.
View DetailsPDF version includes complete article with source references. Suitable for printing and offline reading.