Tesla Motors’ battery announcement

The 7 Biggest Questions Ahead of Tesla’s Battery Announcement

Tesla Motors Inc. will introduce its line of energy-storage products Thursday night at the company’s design studio in Hawthorne, California. Select Tesla car owners, utility executives and representatives of the solar industry are among those with invitations. The company will announce both a home battery and a “very large utility scale battery,” it said in a note to investors last week. Chief Executive Officer Elon Musk has been dropping hints for weeks, drumming up intrigue about “The Missing Piece.” Here’s what to look for in the two-part announcement:

1. Who Markets Home Battery?  
Tesla has already installed roughly 300 batteries in California homes through a pilot project with SolarCity Corp., where Musk is chairman. Will SolarCity continue to be the channel to the residential market for Tesla’s home battery? Or will Tesla offer its batteries to other solar companies hoping to pair solar and storage?

2. Big Enough for Utilities?
In the utility market, a 1-megawatt system is widely viewed as the entry point for most storage applications. So what does Tesla mean when it says “very large?” “In the battery industry, 5 megawatts or 10 megawatts is huge,” says Haresh Kamath, the energy storage program manager at the Electric Power Research Institute in Palo Alto, California. “But for a utility, that’s small. If Tesla comes out with a 20-megawatt system, that would be enough to get the utility industry excited.”

Read more » Bloomberg
See more » http://www.bloomberg.com/news/articles/2015-04-30/the-7-biggest-questions-ahead-of-tesla-s-big-announcement

‘Ex-army major, colonel involved in robbery of millions’

BY MOHAMMAD ASGHAR

RAWALPINDI: Local police sent a request to the interior ministry for the names of two former army officers involved in the biggest heist at the airport to be put on the Exit Control List (ECL).

A request was also sent to the Interpol for one of their accomplices in Dubai to be arrested.

Addressing a press conference on Wednesday, Regional Police Officer Muhammad Wisal Fakhar Sultan Raja said five people involved in the robbery were arrested and Rs30.86 million was recovered and the vehicle used in the heist was also found by the police.

 

Read more: Published in Dawn, April 30th, 2015
Read more » http://www.dawn.com/news/1179078/ex-army-major-colonel-involved-in-robbery-of-millions

Nawaz Sharif calls PM Narendra Modi, appreciates India’s rescue efforts in Nepal

NEW DELHI: Pakistan PM Nawaz Sharif on Thursday called up PM Narendra Modi and expressed his condolences on loss of lives in India due to earthquake.

“Got a call from PM Nawaz Sharif. He expressed condolences on the loss of lives in various parts of India due to the earthquake,” PM Modi said in a tweet on Thursday.

The PM added that Sharif appreciated India’s efforts in the rescue operations in Nepal.

“I thank him for his kind words,” Modi said.

Modi said that he suggested to Sharif that “SAARC nations should conduct regular joint exercises on disaster relief and rescue”.

“SAARC nations can come together and hold annual exercises of rescue teams, doctors etc on how we can minimise damage during natural disasters,” he added.

News courtesy: The Times of India
Read more » http://timesofindia.indiatimes.com/india/Nawaz-Sharif-calls-PM-Narendra-Modi-appreciates-Indias-rescue-efforts-in-Nepal/articleshow/47105811.cms

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More details » BBC urdu
Read more » http://www.bbc.com/urdu/pakistan/2015/04/150430_nawaz_calls_modi_rwa