The global energy transition is undergoing a significant recalibration as battery raw material prices experience their first sustained growth trajectory in over two years. This fundamental shift in cost structure brings both challenges and opportunities for the rapidly expanding energy storage systems (ESS) market, forcing stakeholders to reassess deployment strategies, technology choices, and investment frameworks.SEE MORE
Following joint U.S.-Israeli strikes on Iran on February 28, and Iran’s subsequent strikes across the Middle East, the Strait of Hormuz has effectively closed, squeezing a critical chokepoint in global oil, natural gas, and fertilizer trade.SEE MORE
