Lithium battery

Fire Protection System Testing, Inspection, And Certification (TIC) Market worth $633 million by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, September 27, 2023

Further bolstering the fire protection system TIC market are expanding fire safety requirements in emerging economies, heightened awareness of fire safety, and a growing need for system maintenance and testing services.

Key Points: 
  • Further bolstering the fire protection system TIC market are expanding fire safety requirements in emerging economies, heightened awareness of fire safety, and a growing need for system maintenance and testing services.
  • Consequently, TIC providers offering innovative solutions are poised for success in this evolving market.
  • By service type, the certification service records the highest growth rate during the forecast period.
  • During the forecast period, the Fire Protection System Testing, Inspection, and Certification (TIC) industry is expected to witness a substantial market share held by the sprinkler system segment.

Fire Protection System Testing, Inspection, And Certification (TIC) Market worth $633 million by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, September 27, 2023

Further bolstering the fire protection system TIC market are expanding fire safety requirements in emerging economies, heightened awareness of fire safety, and a growing need for system maintenance and testing services.

Key Points: 
  • Further bolstering the fire protection system TIC market are expanding fire safety requirements in emerging economies, heightened awareness of fire safety, and a growing need for system maintenance and testing services.
  • Consequently, TIC providers offering innovative solutions are poised for success in this evolving market.
  • By service type, the certification service records the highest growth rate during the forecast period.
  • During the forecast period, the Fire Protection System Testing, Inspection, and Certification (TIC) industry is expected to witness a substantial market share held by the sprinkler system segment.

Redflow awarded funding from U.S. Department of Energy for 34.4 MWh energy storage project

Retrieved on: 
Monday, September 25, 2023

BRISBANE, Australia, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Redflow Limited (ASX: RFX), a global leader in clean energy storage, announced that the U.S. Department of Energy (DOE) has approved funding for a 34.4 MWh long-duration energy storage (LDES) microgrid project in which Redflow has been named as the battery provider.

Key Points: 
  • BRISBANE, Australia, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Redflow Limited (ASX: RFX), a global leader in clean energy storage, announced that the U.S. Department of Energy (DOE) has approved funding for a 34.4 MWh long-duration energy storage (LDES) microgrid project in which Redflow has been named as the battery provider.
  • Redflow will collaborate on the system with its project development partner, Faraday Microgrids .
  • The 34.4 MWh long-duration energy storage and solar microgrid will enable the hospital to better serve the region's residents, even during power interruptions.
  • This project also represents an important step toward meeting California's goal of installing 45-55 GW of long-duration energy storage by 2045 to support grid reliability and the clean energy transition.

Redflow and Ameresco to deploy microgrid for United States Department of Defense

Retrieved on: 
Monday, September 18, 2023

Redflow will partner with Ameresco as their subcontracted engineering to deliver the microgrid project.

Key Points: 
  • Redflow will partner with Ameresco as their subcontracted engineering to deliver the microgrid project.
  • The repowered microgrid project scope will integrate Redflow’s 1.2 – 1.4 MWh LDES solution, enabling the microgrid to provide a dispatchable solar + storage resource for peak shaving and energy resilience.
  • “Together with Redflow, we're energized to witness how this microgrid will bolster base resilience and set new standards for clean energy advancement, inspiring a green and resilient future for US Department of Defense installations worldwide."
  • If successful, the solution could be rolled out across numerous US Department of Defense facilities and critical infrastructure around the world.

Lyten Raises $200M in Series B Equity Round

Retrieved on: 
Tuesday, September 12, 2023

Additional strategic, venture capital and individual investors make up the remainder of the round.

Key Points: 
  • Additional strategic, venture capital and individual investors make up the remainder of the round.
  • This latest round of funding brings total equity investment in Lyten to more than $410 million since the company was founded in 2015.
  • “We are excited to welcome our Series B investors, each a leader in their respective markets and committed to achieving aggressive net zero targets for their industry.
  • Cook added, “Enabling fully domestic supply chains and manufacturing is a core strategy for Lyten, especially for our Lithium-Sulfur batteries.

Global Energy Harvesting System Market Aims for $918 Million by 2028, Fueled by 10.0% CAGR

Retrieved on: 
Wednesday, September 13, 2023

The global energy harvesting system market is on track to expand significantly, with an estimated value of $918 million projected by 2028, marking a robust Compound Annual Growth Rate (CAGR) of 10.0% from 2023 to 2028.

Key Points: 
  • The global energy harvesting system market is on track to expand significantly, with an estimated value of $918 million projected by 2028, marking a robust Compound Annual Growth Rate (CAGR) of 10.0% from 2023 to 2028.
  • Vibration Energy Harvesting Segment to Thrive:
    Among the various technologies in the energy harvesting system market, vibration energy harvesting is expected to experience rapid growth during the forecast period.
  • Building & Home Automation Application Segment to Soar:
    Building & home automation is anticipated to be one of the fastest-growing application segments in the energy harvesting system market.
  • North America Leading the Charge:
    North America is poised to hold a substantial market share in the energy harvesting system market during the forecast period.

Battery Recycling Market Size to Grow USD 66.6 Billion by 2030 at a CAGR of 19.5% | Valuates Reports

Retrieved on: 
Monday, September 11, 2023

The global battery recycling market size was valued at USD 11.1 Billion in 2020 and is expected to reach USD 66.6 Billion by 2030, registering a CAGR of 19.5% from 2021 to 2030.

Key Points: 
  • The global battery recycling market size was valued at USD 11.1 Billion in 2020 and is expected to reach USD 66.6 Billion by 2030, registering a CAGR of 19.5% from 2021 to 2030.
  • The worldwide battery recycling market is anticipated to expand as a result of elements including governmental restrictions, environmental safety, and public awareness.
  • Battery recycling firms start a chemical recycling process after obtaining batteries from their various partners.
  • Li-ion battery recycling makes it possible to collect and repurpose such priceless raw materials for the production of new batteries.

Battery Recycling Market Size to Grow USD 66.6 Billion by 2030 at a CAGR of 19.5% | Valuates Reports

Retrieved on: 
Monday, September 11, 2023

The global battery recycling market size was valued at USD 11.1 Billion in 2020 and is expected to reach USD 66.6 Billion by 2030, registering a CAGR of 19.5% from 2021 to 2030.

Key Points: 
  • The global battery recycling market size was valued at USD 11.1 Billion in 2020 and is expected to reach USD 66.6 Billion by 2030, registering a CAGR of 19.5% from 2021 to 2030.
  • The worldwide battery recycling market is anticipated to expand as a result of elements including governmental restrictions, environmental safety, and public awareness.
  • Battery recycling firms start a chemical recycling process after obtaining batteries from their various partners.
  • Li-ion battery recycling makes it possible to collect and repurpose such priceless raw materials for the production of new batteries.

Battery Pollution Technologies Closes Capital Raising & Announces Progress Of Various Initiatives

Retrieved on: 
Wednesday, August 30, 2023

SYDNEY, Aug. 30, 2023 /PRNewswire/ -- It has been a busy past few months for Australian battery recycling technology startup Battery Pollution Technologies.

Key Points: 
  • The new shareholders bring relevant business networks to the Battery Pollution Technologies corporate mission – including with deep connections to heavy industry, the mining & infrastructure, energy transition and foreign markets – in particular Indonesia.
  • Our mission on finding unique, commercially affordable technologies which minimises the impact of battery related pollution on the planet continues.
  • Whilst Battery Pollution Technologies is in its early stages of development it is still important that we align with charitable initiatives that are pure to our cause.
  • More can be learned at : www.daintreelife.com.au
    Nicholas Assef , Battery Pollution Technologies Founder & CEO commented on the positive developments: "Things are progressing smoothly and quietly with the Company's operational focus on all initiatives remaining the highest priority.

Aircraft Fuel Cells Market worth $5.7 billion by 2035 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, July 26, 2023

The hydrogen fuel cell type accounts for the largest market share in the aircraft fuel cell market due to several key factors.

Key Points: 
  • The hydrogen fuel cell type accounts for the largest market share in the aircraft fuel cell market due to several key factors.
  • This zero-emission characteristic positions hydrogen fuel cells as an attractive solution for aircraft propulsion, ensuring compliance with stringent emission regulations.
  • Furthermore, advancements in hydrogen infrastructure and storage technologies have facilitated the availability and integration of hydrogen fuel cells in aircraft, further driving their market dominance.
  • The 0-100kW segment accounts for the largest market share in the aircraft fuel cell market.