Category: Business

Rechargeable Lithium Battery Made Possible by Chemists

By | December 24, 2018

The dream of making lithium battery rechargeable due to its high theoretical energy density and their less weight came true. The chemist from the University of Waterloo successfully solved the issues of chemistry and stability. Thus they have created a near 100 percent coulombic efficient working rechargeable battery. Based on their study, they found four… Read More »

ABB’s Power Grid Business Goes to Hitachi

By | December 19, 2018

Swiss-based engineering company ABB is selling its 80% stake from power grid business to Hitachi. The deal is worth $11 billion dollars. Hitachi is a Japanese company into power grid business will become a major player after the acquisition. $7.6 to $7.8 billion will be given to the shareholders after the deal. The shareholders will… Read More »