Industry News

­OMC, a pioneer in optoelectronics design & manufacture, is experiencing growing demand for its industrial fibre-optic datalinks and optoelectronic cable assemblies for high voltage (HV) applications, driven by the increased pace of global electrification. Mission-critical applications include

­ABB has been selected by independent power producer ContourGlobal to replace the solar field control system at four Concentrated Solar Power (CSP) facilities in southwest Spain, enabling the secure and efficient integration of renewable power into national electricity grids to support European

The Global Lithium-ion battery market size will exceed US$325 billion by 2036, representing a CAGR of 7.0%, finds IDTechEx in its new research Li-ion Battery Market 2026-2036: Technologies, Players, Applications, Outlooks and Forecasts. Global annual battery production capacity

­Harnessing the benefits of electric technology over the last decade saved US households between $5.6 to $8.8 billion in 2023 alone and prevented more than 63 million tons of CO₂ between 2016 and 2023, according to a new report from The Brattle Group. Commissioned by the Beneficial

­Leading privately-held clean energy developer Invenergy has contracted ZX Measurement Services (ZX MS) to conduct 12-month wind measurement campaigns across multiple sites in Scotland. The campaigns have been supported through the provision of ground-based ZX 300 wind Lidar rental

­An analysis of Lithium-ion cell prices by IDTechEx concludes that average cell prices have dropped from US$168/kWh in 2022 to just over US$100/kWh in 2025. By 2036, IDTechEx forecasts cell prices could drop to nearly US$50/kWh, based on assessment of material costs and minimal cell

­France is accelerating its clean energy transition, supported by expanding wind and solar deployment, modernization of hydropower, and strong government policy backing. The country’s cumulative renewable power capacity is forecast to reach 163.1GW by 2035, up from 59.1GW in 2024, registering

­As the adoption of generative AI continues to drive demand for electricity to power data centers across the United States, ABB has been awarded three orders with VoltaGrid – an advanced microgrid power generation company based in Texas, US – to

­According to the latest study from BCC Research, “Global EV Battery Testing Market” is projected to increase from $4 billion in 2025 to $9.4 billion by the end of 2030, at a compound annual growth rate (CAGR) of 18.4% from 2025 through 2030. The report segments the market for EV

­Australia is undergoing a rapid energy transition, driven by strong government policies, abundant solar and wind resources, and ambitious net-zero targets. Renewables are forecast to account for 73.3% of the country’s total power generation by 2035, according to GlobalData, a leading data