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Magnetic materials are key to producing electric vehicles. Many of the electric vehicles on the market use kilograms of magnetic materials to drive their electric motors. In fact, over 80% of electric cars sold globally utilized permanent magnet-based motors in 2019. These magnets are typically made with rare-earth materials such…...

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The 2.4 MW/2.4 MWh energy storage system (ESS) supplied by the technology group Wärtsilä for Sunseap Energy Ventures of Singapore under an engineering, procurement and construction (EPC) contract has been installed. The ESS facility is a test-bed supported by Singapore’s Energy Market Authority (EMA) and SP Group, a leading energy…

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Operators of renewable energy schemes are at risk of significant financial losses due to being underinsured, warned an insurance specialist. In recent years, the renewable energy sector has grown at an exponential rate, thanks largely to technological advancements, governmental incentives and increased affordability. With PM Boris Johnson recently announcing that…

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The Electric Nation Vehicle to Grid (V2G) trial, a project of Western Power Distribution (WPD) and CrowdCharge that will demonstrate how electric vehicles (EVs) can provide V2G services, has announced Flexitricity as its first energy partner. Flexitricity aggregates lots of distributed power generators as well as sites which consume power, in order to…

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The electric vehicles market across land, sea and air will be 24 million unit sales this year, which represents a decline of roughly 19% year on year from the impact of COVID-19. Urban vehicles such as electric cars and two-wheelers have the highest unit volume, battery demand and motor demand,…...

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