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Global Optoelectronics Market is Anticipated to Reach US $97.8 Billion by 2031

Market Snapshot

Global Optoelectronics Market is Anticipated to Reach US $97.8 Billion by 2031
­The optoelectronics market was estimated to have acquired US$ 42.9 billion in 2021.  It is anticipated to register a 9.1% CAGR from 2022 to 2031 and by 2031, the market is likely to gain US$ 97.8 billion.   The key element driving the market for optoelectronics is the increased
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Date:
09/22/2023
HVS Celebrates Milestone Testing Phase with Rollout of Engineering Prototype Vehicle; X1.5

HVS Celebrates Milestone Testing Phase with Rollout of Engineering Prototype Vehicle; X1.5

HVS Celebrates Milestone Testing Phase with Rollout of Engineering Prototype Vehicle; X1.5
­Zero-emission, hydrogen-powered commercial vehicle innovator, Hydrogen Vehicle Systems (HVS), announced, today, the delivery of its engineering prototype test “mule”, X1.5, to the HVS test facilities. This marks the beginning of the crucial development phase to bring the UK’s first full-sized hydrogen HG
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Date:
09/22/2023
Nautilus Solar Energy Announces a $202 Million Institutional Debt Private Placement

Jeffery Cheng, CEO of Nautilus Solar Energy

Nautilus Solar Energy Announces a $202 Million Institutional Debt Private Placement
­Nautilus Solar Energy, LLC, on behalf of its affiliate Nautilus US Power Holdco, LLC (“Nautilus”), a leading community solar company, announced the successful completion of the issuance of $202M senior secured notes to institutional investors in a private placement transaction. This milestone financing is
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Date:
09/21/2023
Dragonfly Energy Becomes First Nevada Company to Join Battery Materials and Technology Coalition

Dominic Sinnott, director of government affairs at Dragonfly Energy

Dragonfly Energy Becomes First Nevada Company to Join Battery Materials and Technology Coalition
­Dragonfly Energy Holdings Corp. is the newest member of the Battery Materials and Technology Coalition (“BMTC”). The BMTC is a continental alliance of member companies united behind a shared interest in growing a resilient and sustainable North American battery supply chain. “By joining the BMTC
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Date:
09/21/2023
Dragonfly Energy Successfully Manufactures Lithium Battery Cell Using High-Purity Recycled Battery Materials from Aqua Metals

Dragonfly Energy Successfully Manufactures Lithium Battery Cell Using High-Purity Recycled Battery Materials from Aqua Metals

Dragonfly Energy Successfully Manufactures Lithium Battery Cell Using High-Purity Recycled Battery Materials from Aqua Metals
­Dragonfly Energy Holdings Corp. in collaboration with Aqua Metals, Inc. has successfully used high-purity lithium hydroxide recovered by Aqua Metals from recycled lithium-ion batteries to manufacture a lithium-based battery cell using Dragonfly Energy’s patented dry battery electrode coating technology. Th
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Date:
09/19/2023
Innoscience Shipments of InnoGaN Chips Exceed 300 Million Pieces

Innoscience Shipments of InnoGaN Chips Exceed 300 Million Pieces

Innoscience Shipments of InnoGaN Chips Exceed 300 Million Pieces
­Innoscience Technology has shipped more than 300 million pieces of its InnoGan gallium nitride chips as of August 2023, helping customers achieve small size, high energy efficiency, and low loss product design.  This is in response to phenomenal market demand across multiple sectors multiple applicati
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Date:
09/19/2023
New Global Centre in Clean Energy to be led by the University of Birmingham

Dr Jonathan Radcliffe, Reader in Energy Systems and Policy at the University of Birmingham

New Global Centre in Clean Energy to be led by the University of Birmingham
­The University of Birmingham is to be the UK lead for a new £6.2m Global Centre in Clean Energy. Funded by UK Research and Innovation, the Global Centre for Clean Energy and Equitable Transportation Solutions (CLEETS), will focus on reducing emissions from road transport, using three regions as case
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Date:
09/18/2023
Motor Expert Shares Tips for Planning a Sustainable Road Trip

Graham Conway, Managing Director of Select Car Leasing

Motor Expert Shares Tips for Planning a Sustainable Road Trip
­A recent report has outlined that demand for electric cars is booming, with sales expected to leap 35% in 2023 after a record-breaking 2022.  When it comes to planning long journeys in an electric vehicle, range anxiety amongst drivers has now been replaced by charger anxiety, which is
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Date:
09/18/2023
Würth Elektronik Americas Continues Green Efforts with

Würth Elektronik Americas Continues Green Efforts with "One Sample Order = One Tree Planted" Initiative

Würth Elektronik Americas Continues Green Efforts with "One Sample Order = One Tree Planted" Initiative
­Würth Elektronik is pleased to announce their continued initiative to plant one tree for each sample order placed in the United States, Canada, and Latin America.  In 2022, Würth Elektronik successfully planted over 5000 trees with the help of their customers and the partnership between Würth Elektroni
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Date:
09/18/2023
EPA Region 3 Celebrates Electric School Bus Delivery in Wirt County, West Virginia

EPA Regional Admin. Adam Ortiz with student Shyanne.

EPA Region 3 Celebrates Electric School Bus Delivery in Wirt County, West Virginia
­On Thursday September 14, 2023, the U.S. Environmental Protection Agency (EPA) Region 3 celebrated the first electric school bus delivered to Wirt County Schools through the Agency’s 2022 Clean School Bus Rebate Program. The District (in partnership with Matheny Motor) was one of three (3) West Virginia sc
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Date:
09/15/2023
Global 48 Volt Battery System Market to Reach US $27 Billion by 2031

Market Snapshot

Global 48 Volt Battery System Market to Reach US $27 Billion by 2031
The global 48-volt battery system market is projected to flourish at a CAGR of 27.8% from 2022 to 2031. As per the report published by TMR, a valuation of US $27 billion is anticipated for the market in 2031. As of 2023, the market for 48-volt battery systems is expected to close at US$ 3.7 billion. The increasin
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Date:
09/15/2023
GlobalData Reveals how AI and 5G Reshaping Energy Efficiency via Smart Switchgears in Power Sector

Vaibhav Gundre, Project Manager at Disruptive Tech at GlobalData

GlobalData Reveals how AI and 5G Reshaping Energy Efficiency via Smart Switchgears in Power Sector
­In the Industry 4.0 era, advanced AI and ML technologies have revolutionized switchgear, enabling precise predictive maintenance through real-time load and fault analysis. Smart switchgears leveraging 5G for instant data transmission are key elements in optimizing energy distribution in smart grids and microgrids, mi
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Date:
09/14/2023
Wärtsilä Guaranteed Asset Performance Agreement Supports US Utility's Efforts Towards Net-Zero Carbon Emissions

Wärtsilä Guaranteed Asset Performance Agreement Supports US Utility's Efforts Towards Net-Zero Carbon Emissions

Wärtsilä Guaranteed Asset Performance Agreement Supports US Utility's Efforts Towards Net-Zero Carbon Emissions
­Technology group Wärtsilä has signed a ten-year Guaranteed Asset Performance (GAP) agreement with US utility Omaha Public Power District (OPPD). The agreement covers the 150 MW Standing Bear Lake Station located in Omaha, Nebraska and is set to commence commercial service in 2024. Upon ac
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Date:
09/14/2023
GO TO-U and Parkopedia Collaborate to Elevate the EV Charging Experience

Duncan Licence, Chief Product Officer at Parkopedia

GO TO-U and Parkopedia Collaborate to Elevate the EV Charging Experience
­GO TO-U, the pioneering SaaS operating system specialising in EV charging infrastructure management, has entered into cooperation with Parkopedia, the world's leading connected car services provider to elevate the electric vehicle (EV) charging experience. Harnessing the power of advanced data analytics and machin
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Date:
09/14/2023
Autonomous Vehicles Will Soon Be Safer Than Humans, Some Already Are, Says IDTechEx

Miles per disengagement is used as a proxy measure of safety and performance. "Best 3" is the average performance of each year's top 3 performing companies.

Autonomous Vehicles Will Soon Be Safer Than Humans, Some Already Are, Says IDTechEx
Dr James Jeffs, Senior Technology Analyst at IDTechEx

­The promise of autonomous vehicles has been a long time coming. While many are still waiting to see the fruits of all this work, there are some cities like Arizona and San Francisco where autonomous cars are starting to become a reality. Furthermore, IDTechEx's new industry report "Autonomous Cars, Robotaxis and
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Date:
09/12/2023
Wärtsilä Signs Large Multi-Year Supply Agreement with EVE Energy

Wärtsilä Signs Large Multi-Year Supply Agreement with EVE Energy

Wärtsilä Signs Large Multi-Year Supply Agreement with EVE Energy
­Technology group Wärtsilä has signed a large multi-year supply agreement with EVE Energy, a globally leading battery cell supplier. The agreement will support Wärtsilä’s strong pipeline of Energy Storage & Optimisation orders across key markets. Wärtsilä currently has more than 3.5 gigawatts (GW) and
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Date:
09/12/2023
SHARC Energy Featured in NYSERDA's Empire Building Challenge Project

SHARC Energy Featured in NYSERDA's Empire Building Challenge Project

SHARC Energy Featured in NYSERDA's Empire Building Challenge Project
­SHARC International Systems Inc. is pleased to announce that it has received a purchase order for a SHARC Wastewater Energy Transfer (“WET”) system for the Whitney Young Manor recapitalization project in Yonkers, New York. This project, spearheaded by Nuveen, is a successful project mo
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Date:
09/12/2023
Blue Hydrogen: Not Clean, Not Low Carbon, Not a Solution

Blue Hydrogen: Not Clean, Not Low Carbon, Not a Solution

Blue Hydrogen: Not Clean, Not Low Carbon, Not a Solution
­The hype for blue hydrogen has spread across the United States, thanks to backing from the fossil fuel industry and incentives from the U.S. government. Without offering any proof, advocates repeatedly tout blue hydrogen as a clean, low-carbon way to produce energy from methane or coal, while reducing the wo
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Date:
09/12/2023
Erthos Signs 180-Megawatt Utility-Scale Project

Erthos Signs 180-Megawatt Utility-Scale Project

Erthos Signs 180-Megawatt Utility-Scale Project
­Utility-scale solar trailblazer, Erthos, announced it has signed an agreement with Mississippi Energy Developers, Inc. for a 180-MW project near Taylorsville, MS. Erthos now has 18 solar plants under contract nationwide, two of which exceed 100 MW. The pilot project is being developed by Mississippi Energy De
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Date:
09/11/2023
Hydrogen Energy Transition Market to Reach USD $279.6 BN by 2029

Hydrogen Energy Transition Market to Reach USD $279.6 BN by 2029

Hydrogen Energy Transition Market to Reach USD $279.6 BN by 2029
­Maximize Market Research, an international business & consultancy firm has recently published a research report on the “Hydrogen Energy Transition Market”. The total global market size for the “Hydrogen Energy Transition Market” was valued at USD 145.3 Bn in 2022 and is expected to grow at a CAGR of
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Date:
09/11/2023
GridBeyond Launches Bid Optimizer to Boost Battery Profits

Sean McEvoy, President of North America and Chief of Product Officer at GridBeyond

GridBeyond Launches Bid Optimizer to Boost Battery Profits
­GridBeyond has launched Bid Optimizer, a new product for energy storage operators and merchant generators that eliminates guesswork from energy bid optimization.  Battery operators need to place 24 trades in the day ahead and 288 trades in the real time market every day, but by leveraging the power of
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Date:
09/11/2023
New Program to Connect Entrepreneurs with National Laboratory-Developed Technologies

Safari seeks to connect post-exit entrepreneurs with commercially relevant technologies developed by world-leading scientific experts, which could provide the basis for a new business.

New Program to Connect Entrepreneurs with National Laboratory-Developed Technologies
DOE/OAK RIDGE NATIONAL LABORATORY

­Oak Ridge National Laboratory has launched a new entrepreneurial start-up program, Safari, as an addition to the Department of Energy Office of Technology Transitions Practices to Accelerate the Commercialization of Technologies, or PACT, program. Safari seeks to connect post-exit entrepreneurs wi
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Date:
09/08/2023
Bacteria Generate Electricity from Wastewater

Mohammed Mouhib and Melania Reggente, the study's lead scientists, posing at their lab at EPFL.

Bacteria Generate Electricity from Wastewater
ECOLE POLYTECHNIQUE FÉDÉRALE DE LAUSANNE

­“We engineered E. coli bacteria, the most widely studied microbe, to generate electricity,” says Professor Ardemis Boghossian at EPFL. “Though there are exotic microbes that naturally produce electricity, they can only do so in the presence of specific chemicals. E. coli can grow on
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Date:
09/08/2023
Unlocking Quantum Potential: Harnessing High-Dimensional Quantum States with QDs and OAM

Scheme of the flexible platform implemented to engineer both intra- and interparticle Orbital Angular Momentum based entangled states via quantum dot source.

Unlocking Quantum Potential: Harnessing High-Dimensional Quantum States with QDs and OAM
SPIE--INTERNATIONAL SOCIETY FOR OPTICS AND PHOTONICS

­Quantum technology's future rests on the exploitation of fascinating quantum mechanics concepts — such as high-dimensional quantum states. Think of these as states basic ingredients of quantum information science and quantum tech. To manipulate these states, scientists have turned to light, specifically a p
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Date:
09/08/2023
Revolutionizing Lithium Production on a String

A Princeton research team has developed a new approach for concentrating, separating, and harvesting lithium salts.

Revolutionizing Lithium Production on a String
PRINCETON UNIVERSITY, ENGINEERING SCHOOL

­A vital component of the batteries at the heart of electric vehicles and grid energy storage, lithium is key to a clean energy future. But producing the silvery-white metal comes with significant environmental costs. Among them is the vast amount of land and time needed to extract lithium from briny water, wi
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Date:
09/08/2023
KERI, Transfer of 'Ion Implantation Evaluation Technology for the SiC Power Semiconductor' to Hungary

KERI transferred the ‘Ion Implantation Evaluation Technology for the SiC Power Semiconductor’ to Semilab Co., Ltd. (2nd from the left, Dr. Bahng Wook, executive director of KERI’s Power Semiconductor Research Division, and 3rd from the left, Park Su-yong, CEO of Semilab Korea Co., Ltd.)

KERI, Transfer of 'Ion Implantation Evaluation Technology for the SiC Power Semiconductor' to Hungary
NATIONAL RESEARCH COUNCIL OF SCIENCE & TECHNOLOGY

­KERI succeeded in transferring the ‘Ion Implantation and its Evaluation Technology for the SiC (silicon carbide) Power Semiconductor’ to a Hungarian company. Power semiconductors are key components in electricity and electronics, acting as the muscles of the human body by regulating the direction
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Date:
09/08/2023
How to Prevent Biofilms in Space

Preventing biofilms from forming will be especially important for future long-duration missions, such as to the moon or Mars, where the option of quickly returning fouled equipment or sick astronauts to Earth will not be available, the team says.

How to Prevent Biofilms in Space
David L. Chandler, MIT News Office

­After exposure in space aboard the International Space Station, a new kind of surface treatment significantly reduced the growth of biofilms, scientists report. Biofilms are mats of microbial or fungal growth that can clog hoses or filters in water processing systems, or potentially cause illness in people. In the 
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Date:
09/08/2023
FSU Researchers Develop Polymer That can be Adapted to High and Low-Temperature Extremes

From left, postdoctoral researcher Biswajit Saha and FAMU-FSU College of Engineering Associate Professor Hoyong Chung in in the Dittmer Chemistry Lab at Florida State University.

FSU Researchers Develop Polymer That can be Adapted to High and Low-Temperature Extremes
FLORIDA STATE UNIVERSITY

­The modern world is filled with synthetic polymers, long-chained molecules designed by scientists to fill all manner of applications. Researchers at FAMU-FSU College of Engineering have developed two closely related polymers that respond differently to high and low temperature thresholds, despite their sim
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Date:
09/08/2023
Teraphysics Corp. Announces NASA Agreement

Dr. Gerald Mearini, Co-Founder and CEO, Teraphysics

Teraphysics Corp. Announces NASA Agreement
­Teraphysics Corp., a privately held, Cleveland, Ohio-based R&D company announces that it has executed a non-reimbursable Space Act Agreement with NASA's Glenn Research Facility in Cleveland. Teraphysics entered this agreement for the purpose of performing radio frequency (RF) characterization of its patented, mic
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Date:
09/06/2023
Dutch Grid Capacity Alarm Sparks Review of Decentralized Energy Models

Dutch Grid Capacity Alarm Sparks Review of Decentralized Energy Models

Dutch Grid Capacity Alarm Sparks Review of Decentralized Energy Models
­A energy sector expert has highlighted the importance of decentralised energy solutions for countering power scarcity, following reports the grid is at full capacity in one of Netherlands’ major provinces. Journalists from De Telegraaf have revealed that Enexis is expected to disclose the netwo
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Date:
09/06/2023
Portable Wind Turbine Market Size and Share to Surpass USD 303.7 Million by 2031

Portable Wind Turbine Market Size & Share to Surpass USD 303.7 million by 2031, Expanding at a CAGR of 2.2% Says Transparency Market Research

Portable Wind Turbine Market Size and Share to Surpass USD 303.7 Million by 2031
­Transparency Market Research Inc.

The global portable wind turbine market is projected to flourish at a CAGR of 2.2% from 2023 to 2031. As per the report published by TMR, a valuation of US$ 303.7 million is anticipated for the market in 2031. As of 2023, the market for portable wind turbines is expected to close at US$ 299.1 million. Competitive Landscape
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Date:
09/05/2023
PowerSystemsDesign.com (PSD) Integrates OpenAI Chatbot for Enhanced User Experience

PSD Integrates OpenAI Chatbot for Enhanced User Experience

PowerSystemsDesign.com (PSD) Integrates OpenAI Chatbot for Enhanced User Experience
­PowerSystemsDesign.com (PSD), a leading online B2B platform for professionals in the OEM power systems design niche, has taken a significant leap forward in improving its user experience. The platform announced today the integration of OpenAI's cutting-edge chatbot technology, which will empower users to swif
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Date:
09/05/2023
Salt River Project and CMBlu Energy Announce Launch of Innovative Long-Duration Energy Storage Project

Jim Pratt, CEO of Salt River Project

Salt River Project and CMBlu Energy Announce Launch of Innovative Long-Duration Energy Storage Project
­Salt River Project and CMBlu Energy announced a pilot project to deploy long-duration energy storage (LDES) in the Phoenix area. The 5-megawatt (MW), 10-hour-duration project, named Desert Blume, will use CMBlu’s unique non-lithium technology, and the firm will build, own and operate the batteries on
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Date:
09/01/2023
ParaZero Develops New AI-Based Safety and Awareness System for Commercial Drones and Urban Air Mobility Aircraft

ParaZero Develops New AI-Based Safety and Awareness System for Commercial Drones and Urban Air Mobility Aircraft

ParaZero Develops New AI-Based Safety and Awareness System for Commercial Drones and Urban Air Mobility Aircraft
­ParaZero Technologies Ltd. announced its next-generation safety product development, SmartAir Trinity, an AI-based avionics system, which utilizes a new, leading-edge sensor array with advanced capabilities, designed to detect malfunctions of UAS and eVTOL in real-time, and provide deep analytics for mission de
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Date:
09/01/2023
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