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European Scientists Set Nuclear Fusion Energy Record

European scientists on Wednesday announced fresh progress in the drive to make nuclear fusion a practical, safe and clean energy source, saying an experiment at a site in England set a record for the amount of fusion energy produced, more than doubling the previous mark. Researchers said they achieved 59 megajoules of sustained fusion energy […]

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Reliance Joins Altigreen in the EV Race

Reliance New Energy Ltd (RNEL), a subsidiary of Reliance Industries Ltd (RIL), has announced an agreement with Altigreen Propulsion Labs Private Limited (Altigreen), a Bengaluru-based electric vehicle technology and solutions company for commercial last-mile transportation through two, three, or four-wheelers. . “Reliance New Energy Ltd (RNEL), a wholly-owned subsidiary of the company, has entered into an agreement […]

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Toyota’s New e-SUV Comes Equipped with Toshiba’s LTO Battery Tech

The Toyota bZ4X has made its European debut as a production-ready vehicle and will hit European roads in 2022. A battery electric compact crossover SUV, Toyota’s new e-car equips itself with a 20Ah-HP SCiB li-ion battery, which uses Lithium titanium oxide (LTO) chemistry and is produced by Japanese brand Toshiba. Toshiba’s battery comes with an extended care […]

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Tata Power Net Profit Swells by 71% Signifying Comprehensive Growth

The third quarter results of Tata Power in the current financial year is out and the company has posted a staggering 71% rise in the consolidated profits against the corresponding period of the previous fiscal. The renewable portfolio in terms of profit after tax (PAT) grew by 107% – all credit to their solar expansion. […]

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Supply Chain Issues to Persist into 2023; Modernization Needed: IEEFA

The latter half of 2021 saw the global supply chain struggle mightily. Disruptions stemming from the pandemic, labor shortages, cyberattacks, increased consumer demand for goods and other global factors collided to cause unprecedented bottlenecks and backlogs. Experts at Institute of Electrical and Electronics Engineers (IEEFA) predict that supply chain-related issues will persist into 2023, despite […]

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Mercedes-Benz Offers New EV Course at Women’s Engg College in Pune

One of India’s leading luxury car manufacturers, Mercedes-Benz, has announced a fresh EV course under its skill development program to upgrade its talent pool. This is aimed at creating meaningful ‘human capital’ through academic up-skilling projects. The new course — ‘EV module’ — has been added to an existing EV-centered diploma program offered by the company. Mercedes-Benz’s […]

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Boom In LFP Battery Use On The Way, But Not Without Hurdles

With wider adoption by some of the industry heavyweights, Lithium Iron Phosphate or LFP battery technology is set to flourish in the very near future. Its growing acceptance in the global market has strengthened the technology’s foothold in the automotive industry. Strength of LFP It’s noteworthy that the transition will be much easier because of […]

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Borosil Renewables’ Net Profit Jumps by 323% YoY basis

Financial results of the third quarter ending December 31 have been announced by Borosil Renewables. The company has declared that the net profit surged 332.23% to Rs 45.73 crore in the quarter ended December 2021 as against Rs 10.58 crore during the quarter that ended December 2020. The total sales of Borosil Renewables rose by […]

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ABB to Upgrade Eneti’s Offshore Wind Installation Vessels

South Korea-based Daewoo Shipbuilding & Marine Engineering Ltd. (DSME) will deliver two wind turbine installation vessels (WTIV) to Monaco-based offshore wind construction giant Eneti Inc. The deal is worth $330 million and the delivery is expected between the third quarter of 2024 and second quarter of 2025. ABB – the global leader in automation, digitization […]

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