India and China are jostling for influence in South Asia through investment in hydropower in their neighbouring countries. What does the sought-after hegemony over water resources mean for the region?
The companies plan to collaborate in developing offshore wind farms near Chuja Island in a bid to help bolster Korea's renewables portfolio by 20% by 2030.
Per GlobalData, the market for battery energy storage is estimated to grow to $14.89 billion in 2027, driven by several factors including, the fall in battery technology prices and the increasing need for grid stability and resilience of the integration of renewable power in the power market. Lithium-ion has eclipsed lead-acid as the primary technology for battery storage deployment.
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