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energy price

Canadian PE Fund Brookfield Offers $9.6 B to Take Over AusNet

Update: ASX-listed energy infrastructure firm APA Group has launched a rival $10 billion takeover offer for the utility business Australian energy company AusNet Services has received a proposal, worth $9.6 billion, from the infrastructure affiliate of Brookfield Asset Management to acquire all of the issued shares in AusNet at an indicative price of $2.50 cash per []

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Heard at REI 2021- 5 Takeaways From The Expo

At the recently concluded REI 2021, it was an impressive show of strength for the sector, despite the usual hits and misses one would expect in a year like this. So while the Chinese presence was on the lower side, especially Chinese senior management from the top firms like Longi Solar, Jinko, Huawei etc, the []

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Curtains Finally Coming Down On Andhra Solar Power Tussle?

In a key development, the Andhra Pradesh state cabinet of Chief Minister Jagan Mohan Reddy has accepted an offer by SECI (Solar Energy Corporation of India) to supply solar power to the state. The state has plans to supply solar power to its farmers at Rs 2.49 per unit through its own agriculture feeder lines. []

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Chinese Automakers Develop Tech to Seize Hybrid Market: Report 

The sales volume of new hybrid passenger cars should account for 50%-60% of traditional energy passenger cars by 2025, 75%-85% by 2030, and 100% by 2035, finds a new a new report. The study claims that Chinese automakers have developed hybrid systems independently to seize the hybrid market. The Global and China Hybrid Vehicle Industry []

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We Are Very Good At Innovating New Kinds Of Products And Technologies, Akshay Singhal, Log 9 Materials

Bengaluru-based Log 9 Materials shot into the limelight (again) recently after Amara Raja batteries, a leader in the domestic automotive battery market, invested in the firm. Log 9 Materials is using its core competence in Graphene nanotechnology to develop advanced energy storage technologies from electrode materials, cell to pack level. Their rapid charging battery packs []

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Omega Seiki Orders Li-ion Batteries from US Firm C4V

New Delhi-based EV maker Omega Seiki Mobility has selected US technology provider C4V to source 1.16 gigawatt hours of next-generation high performance lithium-ion batteries from its cell manufacturing joint ventures to empower the future of e-mobility in India. C4Vs battery solutions is based on the technology that eliminates the need for cobalt and nickel, enabling a high performing, []

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NREL Study Chalks Out Plan for Zero-carbon Grid Using Solar

By 2035, solar energy has the potential to power 40% of the USAs electricity, drive deep decarbonisation of the grid, and employ as much as 1.5 million peoplewithout raising electricity prices, finds a new study released by the U.S. Department of Energy (DOE). The study titled Solar Futures Study calls for massive and equitable deployment []

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A PLI Scheme For Inverters Could be a Game Changer for India

For Fimer India, ever since it completed its acquisition of ABBs Solar Inverter business in March 2020, it has been all about building on it in India. Present in the country since 2010, its not like the firm was not known brand in India. Just that they are suddenly in the top tier, with plans []

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