Energy Sector

Webasto starts production of EV batteries at a German site

Webasto starts production of EV batteries at a German site

German automotive supplier Webasto has begun the production of electric-vehicle (EV) batteries in its home country, at the Schierling site in the Regensburg district.

Charging Network Allego opens Charging Station at Ettenhuber GmbH in Munich/Feldkirchen

Charging Network Allego opens Charging Station at Ettenhuber GmbH in Munich/Feldkirchen

German charging network Allego has opened a special high-power charging (HPC) station at the Ettenhuber GmbH site in Feldkirchen, Munich.

Sterling and Wilson Solar Limited lists at Rs 700 with lackluster response

Sterling and Wilson Solar Limited lists at Rs 700 with lackluster response

Shapoorji Pallonji Group company Sterling and Wilson Solar Limited debuted on stock exchanges at ₹700, nearly 10 percent lower from its issue price of ₹780. The solar engineering and construction company issue failed to list at premium as many analysts were expecting.

Mercedes-Benz Energy and BJEV plan battery storage systems project

Mercedes-Benz Energy and BJEV plan battery storage systems project

Mercedes-Benz Energy and Beijing Electric Vehicle (BJEV) have announced a partnership for developing Second Life battery storage systems in China.

OPEC oil price rises, stops shy of 50 dollars

OPEC oil price rises, stops shy of 50 dollarsVienna - The price of

Energy Market Outlook and Sector Updates: Nirmal Bang

natural gasOil prices fell again on Tuesday by nearly 40 cents to $50.14 per barrel on the declining demand and swine flu.

US Natural Gas gained more than 2% on short covering ahead of the May expiry.

The stocks of crude in the US went up by 4.6 mn barrels, more than twice expected, reported American Petroleum Institute.

The Output of Natural Gas is expected to go down because of a record decline in the number of gas rigs to below 700. This may be balanced by a weak heating demand leading to a steady build up in inventories and mild weather forecast.

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