Month: January 2021

Here’s the question for oil industry investors. Can oil companies scale up clean energy enterprises to replace business lost from a decline in fossil fuel revenues? Some of the oil companies put up a brave front as they boast of their decarbonization plans. Others ignore the question. But at the end of the day— and this is the takeaway— we don’t think they will replace lost fossil related income by massively investing in windmills and solar power. Here’s why. It’s a simple matter of risk and return. Investors accept lower returns…

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Deciding when and how to retire an aircraft is a complicated job for airlines, even in normal times. With Covid-19, the world’s fleet has been largely grounded. Many aircraft that might have flown for five, 10 or even more years are being sent to have their valuable parts and systems stripped, and their metals and other materials recycled.Finnair is starting to retire its Airbus A319 airplanes — small, two-engined jets that it has spent more than two decades flying around Europe to connect to and through its Helsinki hub. Director of…

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The result, which was confirmed by the Institute for Solar Energy Research (ISFH), in Germany, improves on the company’s previous record of 24.79%, achieved in July. “The record-breaking monocrystalline silicon solar cell was fabricated on a high quality, low defect CZ mono-Si substrate,” the company said in a statement. “Advanced diffusion with highly activated dopant, high-quality surface passivation, JinkoSolar highly conductive passivating contact technologies, and a series of innovative technologies and material upgrade[s] were integrated into the cell process,” the module maker said in a statement. In January 2020, when…

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KP’s Energy and Power Department (EPD) has published its two-year performance report 2018-20, detailing the provincial government’s landmark achievements in the energy sector so far in its second tenure. According to the report, the KP government has started three hydropower projects of 802 MW since 2018. These projects include a 496 MW plant at Lower Spat Gah, 300 MW at Balakot, and 96 MW at Batakundi. It states that the provincial government is also edging closer towards executing two hydropower projects of 245 MW in Swat. These projects include an…

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KARACHI: Four Pakistani leading coal mining and power generation companies are planning to convert huge deposits of coal into gas and liquid in the Thar desert in southern Sindh province, officials said, as the country moves to ban new coal-fired power plants.Last month, Pakistani Prime Minister Imran Khan told a virtual gathering of global leaders: “We have decided we will not have any more power based on coal … We have already scraped two coal power projects which were supposed to produce 2600 megawatt of energy. By 2030, 60 percent…

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