Month: April 2020

But battery and storage technologies have had a hard time keeping up. And they are critical for any success in a carbon-constrained world that uses intermittent sources like solar and wind, or that worries about resilience in the face of natural disasters and malicious attempts at sabotage. This was pressed home this week by the Department of Energy’s decision to build a multimillion dollar electric grid research complex at the Pacific Northwest National Laboratory. And better, larger batteries are a main component of this research. Jud Virden, PNNL Associate Lab…

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Thermal power has had its day in India, the head of a national PV trade body has claimed after the Solar Energy Corporation of India (SECI) concluded what it called the world’s largest renewables-plus-energy-storage capacity tender. The procurement exercise was held to contract 1.2 GW of capacity in the form of assured supply of 600 MW of clean power for six hours daily during peak demand hours – 5.30-9.30am and 5.30pm-12.30am – on a day-ahead, on-demand basis. The successful bids comprised at least 3 GWh of energy storage capacity –…

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The National Transmission and Dispatch Company Limited (NTDC) have won a major victory against an Iranian company in the international arbitration tribunal. The international arbitration court has ordered the Iranian company to pay Rs720 million in interest as compensation for leaving a project unfinished in Pakistan. The case between NTDC and the Iranian company was pending in the ICC International Arbitration Court in Paris. The Iranian company had abandoned the construction of the 500 KV Guddu Multan transmission line. Following the termination of the contract by NTDC, a case was…

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RAWALPINDI: Pakistan’s military leadership has taken serious note of Indian aggression on the Line of Control (LoC) and irresponsible statements of their Indian counterparts.Director General Inter-Services Public Relations (ISPR) Major General Babar Iftikhar said this while speaking at a news briefing after a special conference of Principal Staff Officers chaired by Chief of Army Staff General Qamar Javed Bajwa here on Friday.Sharing details of the meeting, DG ISPR Major General Babar Iftikhar said the Indian side has recently intensified ceasefire violations. He said at a time when world is uniting…

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ISLAMABAD: Asian Development Bank (ADB) has assured to provide $1.7 billion to Pakistan to fight the impacts of coronavirus.The assurance was given by the President of the bank during a virtual meeting with Minister for Economic Affairs Khusro Bakhtiar.The bank will approve $800 million budget support by June this year. It will provide the next tranche of $900 million by the end of this year.The budget support will be provided to Pakistan on special concessionary basis.The minister for economic affairs thanked the Asian Development Bank for extending the financial cooperation…

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