December 31

India looking at $40 billion investment to boost battery manufacturing capacity

first_img FacebookTwitterLinkedInEmailPrint分享ET Energy World:The government is considering a plan to establish battery making capacity of 40 gigawatts (GW) to give a boost to its electrical vehicles and renewable energy initiatives, an official said. It will ask states to compete for the opportunity to set up internationally competitive facilities that will also service global markets. Domestic and global battery makers will be asked to bid for setting up plants in the selected states.The proposal is expected to entail investments of $40 billion in the next two-three years and is likely to garner interest from global battery manufacturing firms and renewable energy players such as SoftBank, Tesla and Panasonic, a government official said.The Centre is working on fiscal and non-fiscal measures to enable states to set up manufacturing units as competitive as those in China. Bids will be judged on the basis of land, incentives, power tariff discounts and regulatory and industrial support. Plants have to be competitive so that exports are commercially viable.The large-scale battery manufacturing proposal is aimed at making storage systems competitive in India so electric vehicle adoption becomes more viable. Batteries and battery cells are imported from the likes of China and the US. With plans to add 175 GW renewable energy generation capacity by 2022 and ensure that 30% of India’s vehicles are electrically powered by 2030, the demand for battery storage is pegged at 300 GW.“The Centre is exploring opportunities on how to make battery manufacturing at giga-scale happen quickly and in the shortest possible time because that is the crux of the entire growth, be it electric vehicles or new and renewable energy sources,” the government official said.“The industry needs to have confidence to come forward, as there is huge requirement of battery storage,” said another official. “Even for just the FAME-II targets of e-vehicles, we will require 70 GW batteries in the next three years. A company that starts making them here can become a global leader rather than looking up to countries such as Vietnam, Korea or China.” The official urged India to first make batteries before moving on to cells.More: Centre to invite bids for 40GW battery plants India looking at $40 billion investment to boost battery manufacturing capacitylast_img read more

September 17

Study finds wealth to be best predictor of college access

first_imgA family that owns a summer home might have better access to college than a family that earns a combined six-figure income, according to a study released last weekend at the American Educational Association’s annual meeting in New Orleans.The study, titled “The Differential Impact of Wealth vs. Income in the College-Going Process,” was written by Su Jin Jez, an assistant professor of public policy and administration at California State University Sacramento, and reveals wealth to be the most important predictor of college access.Wealth is defined as the accumulation of a family’s income and assets, such as homes and investments.“Wealth and income affect the college choice process differently, with wealth consistently being more significant in predicting the college-choice outcomes,” Jez writes in her study.  “The impact of wealth persists even after controlling for academic achievement, habitus, social capital and cultural capital.”The study reports that of the wealthiest 10 percent of Americans, 25 percent have obtained a bachelors degree, while only 16 percent of the top 10 percent of income earners hold a bachelors degree. Nine percent of the entire population has a bachelors degree.The process leading up to a student’s final college decision is two-pronged, according to Tom McWhorter, executive director of financial aid at USC. First, educational preparation and culture, among other factors, define which universities applicants have access to. Secondly, financial resources often dictate what universities students apply to and ultimately attend.“After access, which includes educational background, comes choice, which is what makes the most sense for a student, where cost is the most important factor,” McWhorter said.USC recognizes wealth prevents many students from gaining access to the university, and has therefore developed a comprehensive method for evaluating the amount of need-based financial aid students receive.Many universities assess a family’s income, some assets and allowance for living and retirement expenses, when allocating financial aid resources. This information is submitted as part of the Free Application for Federal Student Aid.USC, however, also requires financial aid applicants to submit a College Scholarship Services form, which discloses assets and other expenses not accounted for in the federal calculation.“To distribute funds for need-based grants in the fairest way possible, we will consider all income and assets that may not be considered in the federal calculation,” McWhorter said. “We may ask a family to contribute more of their resources because of their comparative financial strength, which may not come from income alone.”USC’s methodology of distributing need-based financial aid based on the total wealth should guide other universities to make college more accesible to all Americans, according to Jez’s study.“Policy makers looking to level the playing field and make college more accessible to all American’s must address wealth’s impact on the college-going process, instead of merely focusing on issues of income,” Jez writes.Some schools like the University of Chicago and Yale University participate in CSS, but other schools, such as UCLA, do not.The study goes on to report that only 2 percent of the wealthiest 10 percent of Americans have not completed high school or earned their GED, however, approximately 8 percent of the top 10 percent of income earners have not graduated from high school or earned their GED.Of the 10 percent of young Americans with the least family wealth, 34 percent have not completed high school or earned a GED, while 26 percent of the bottom 10 percent of income earners have not graduated from high school or earned a GED.last_img read more

January 11

Weaver’s winter work questioned

first_img“The defense was horrible,” Cabrera said on the first day of full-squad workouts. In an assessment of himself, Cabrera said he merely was average last season, a far cry from the above-average ranking he typically gives himself. All the way around the infield, the Angels were substandard. It left them with the worst fielding percentage in the American League. As the captain of the infield at shortstop, Cabrera will be in the spotlight as the team looks for redemption on defense. Make no mistake, the poor defense is considered around these parts as just as much reason for failure last season as the shaky offense. “I believe this is a team that we have to have every single aspect of our game above average to maintain a winning attitude or a winning situation,” Cabrera said. “You know, our defense last year, we threw a lot of games (away). We need to improve that. We need to get back on track and play solid defense.” TEMPE, Ariz. – General manager Bill Stoneman is not happy with Jered Weaver’s off-season workout schedule, but is willing to chalk up the right-hander’s slow spring start to a learning experience. Weaver still has not thrown from a mound as he tends to biceps tendinitis. While additional defensive drills won’t necessarily be added to the spring routine, there still will be an emphasis on catching and throwing the ball. “After the first four weeks of the season, everyone picked up their defense, and it’s no coincidence that as we started playing better defense, we started winning games,” manager Mike Scioscia said. “Hopefully we’ll start the season much closer to the team that ended the season defensively, if not better.” Cabrera said he got things going earlier than usual this winter by playing between 15 to 20 games of winter ball in his native Colombia. It gives him a head start as he comes into camp to learn new double-play partner in Howie Kendrick. “He’s pretty good at turning double plays and I’m pretty excited about playing the whole season with him.” Cabrera said. “I know I can learn a lot from him, as much as he can learn from me.” Dallas McPherson, a Phoenix-area resident, was on hand in the morning as the Angels gathered as a full team for the first time this spring. Four weeks removed from back surgery to fuse two lower vertebra, McPherson said he is walking two miles a day and about to increase that to three miles. He still is eight weeks away from any strenuous rehab, but remains encouraged for a full recovery. He is following the recovery plans of Dallas Cowboys tight end Anthony Fasano, among others, but still does not know if he will be able to get into any games this season. “If it happens to (cost) this whole season, so be it; I don’t have any options,” McPherson said. “I’ll try to get back as soon as I can. Luckily in this day and age, there’s a lot of ball after the season. There’s instructional league, there’s fall ball, there’s winter ball, there’s a lot of things I can do to get ready for spring training and try to get my timing back and make it a little better progression.” The Angels announced Amaury Pi-Gonzalez will assume the Spanish-language play-by-play duties and take over for Ivan Lara, who did not have his contract renewed. (626) 962-8811, Ext. 2731 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!center_img “He probably should have done a little more than he did this winter to prepare for this,” said Stoneman, a former major-league pitcher. “You learn as you go, and he had never thrown as many innings as he threw this past year in major-league pressure situations. I’ve lived it and understand that doing work for six weeks leading into camp is important.” Orlando Cabrera, never one to mince words, gave his assessment of how the Angels used – or rather failed to use – their gloves in 2006. last_img read more