Tata Hitachi showcases ZAXIS 38U, SHINRAI Prime
The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com
Vedanta’s Hindustan Zinc and IIT Madras to develop zinc-air battery
Vedanta Group's Hindustan Zinc, India's largest and the world’s second-largest integrated zinc producer, has signed a memorandum of understanding (MoU) with the Indian Institute of Technology Madras (IIT Madras). The company stated that this strategic collaboration is focused on developing a pioneering 1 kWh electrically rechargeable zinc-air battery prototype, emphasizing the shared commitment of both institutions to advancing sustainable energy solutions. Although lithium-ion batteries currently dominate the market, challenges such as high costs, limited resource availability, and safety..
Wind energy at a critical juncture, industry urges policy support for 2030
India's wind energy sector is at a critical juncture, with industry leaders emphasizing the need for consistent policy support to establish the country as a global leader in renewable energy production. On Thursday, JP Chalasani, CEO of Suzlon Group, highlighted that India is in a transformative phase for wind energy. He noted that with consistent policies supporting domestic manufacturing and innovation—such as enhancing RLMM requirements—India has the potential to emerge as a global hub for renewable energy production. India’s installed wind energy capacity currently exceeds 48 gigawa..
Oil prices rise 1% amid US storm concerns and Israel-Iran tensions
Oil prices experienced an increase of over 1 per cent, driven by a surge in fuel demand as a major storm approached Florida and amid on-going concerns regarding Middle Eastern supply risks. Brent crude futures rose by $1.01, or 1.3 per cent, reaching $77.59 a barrel by 1108 GMT. Similarly, U.S. West Texas Intermediate (WTI) futures climbed by $1, or 1.4 per cent, to $74.24. In the United States, the largest oil producer and consumer, Hurricane Milton made landfall in Florida, leading to the sale of gasoline at approximately a quarter of fuel stations, which helped support crude prices. Pric..