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Rapid advancements in battery technology are imperative to develop the next generation of electric vehicles (EVs). Currently, the nickel-manganese-cobalt (NMC) and lithium-iron-phosphate (LFP) variants of lithium-ion (Li-ion) batteries lead the market for EV battery packs, with LFP batteries witnessing increased penetration over the past few years....

Global grid-scale battery energy storage system (BESS) deployment experienced unprecedented growth in 2023, expanding 159.5% from 2022. The year 2024 will break another record in new installations, with deployments of 41.84 GW/104.67 GWh. BESS has rapidly become the fastest-growing clean energy technology, driven by the growth of wind and solar ...

This edition of the Oil and Gas (O&G) Technology Opportunity Engines features information on technology implemented for optimizing oil recovery through advanced waterflood technology. The TOE also covers the innovations in Enhanced Oil Recovery (EOR) techniques for maximizing oil production. The TOE focuses on emerging techniques for natural gas co...

09 May 2025  |  Global  |  Market Research

Solar PV Inverter Industry, Global, 2024–2035

Record Investment Levels in Solar PV Drives Solar Inverter Revenues

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Solar PV accounted for 45% of all power generation investment in 2024, and it is forecast to maintain this throughout the next decade. Inverters are one of the key components within a PV system, accounting for anywhere from 5% to 15% of the total system value, depending on the end customer segment. This study assesses the global market potential an...

Third-generation photovoltaics represent a fundamental shift in how solar energy is harvested, integrated, and scaled—moving beyond conventional silicon toward tunable, lightweight, and application-specific photovoltaic materials. By advancing perovskite, organic, tandem, and quantum-dot architectures, the industry is unlocking new capabilities in ...

This edition of the Oil and Gas (O&G) Technology Opportunity Engines features information on enhanced oil recovery using advanced surfactants, advanced pipeline coating technology, conversion of low-value olefins into high-demand petrochemicals, catalytic conversion of natural gas, advanced methane capture and repurposing technology, and adaptive t...

Utilities are entering a phase of selective, use-case-driven investment in meter data management (MDM), where funding is tied to measurable operational and commercial outcomes rather than platform modernization alone. The most consistent priorities in which utilities are willing to invest include interval and complex billing/settlement, outage data...

18 Sep 2018  |  Global  |  Market Research

Impact of Artificial Intelligence (AI) on Energy and Utilities, 2018

Technology Convergence of AI with IoT, Cloud, and Big Data will Open Up Numerous Application Opportunities in the Energy Sector

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Artificial Intelligence (AI) is one of the biggest technological trends transforming every business sector across the world. With advances in computer technology, AI has scaled new heights in utility and application, exceeding all initial expectations. By leveraging advanced machine learning (ML) and deep learning (DL) algorithms, and advanced neur...

Global concerns about climate change have spurred a flurry of investments in renewable energy sources and other decarbonization initiatives. The efforts to focus on renewables were initiated at the 2016 COP21 in Paris, which led to countries setting renewable energy targets to achieve by 2030 in attempt to mitigate global warming. More recently, at...