First fast charging unit station for electric vehicles installed in Pakistan

In a first of its kind, a fast-charging unit station for electric vehicles has been installed by Tesla Industries in Islamabad, paving way for the e-vehicles to be recharged, ARY NEWS reported on Friday. The unit was inaugurated by the President of the Islamabad Chamber of Commerce Sardar Yasir Ilyas along with Tesla Industries CEO Aamir Hussain. Tesla CEO said that they have acquired the technology to develop the fast charging station for electric vehicles within Pakistan and soon between 60 to 120 of them would be installed in nine…

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Battery storage 30% cheaper than gas peaker plants for firming renewables

Australia’s Clean Energy Council (CEC) says in a newly published paper that large-scale battery energy storage has become the best way to spread energy generated by solar and wind throughout any day, and to instantly respond to peak energy needs in the National Electricity Market (NEM) for long and short durations. The paper compares the levelized cost of energy delivered by a new 250 MW gas peaker plant with 250 MW four-hour and two-hour grid-scale batteries. It finds that overall – when various costs are calculated – that the batteries are 17%…

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More proof UK won’t suffer devastating third Covid wave? China admits its jab rolled out in Chile doesn’t work well – confounding doomsayers who pointed to country’s third wave despite vaccine drive

China has admitted its Covid vaccines do not work well – which could explain why Chile is suffering a resurgence despite having one of the best rollouts in the world. In an extremely rare confession, the head of the Chinese Centre for Disease Control and Prevention, Gao Fu, said the jabs ‘don’t have very high protection rates’ against coronavirus symptoms. They are being used in at least 45 countries. He gave no specific details, but a University of Chile study found China’s CoronaVac jab was only 3 per cent effective in the 28…

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Biden Team Eyes Potential Threat From China’s Digital Yuan

The Biden administration is stepping up scrutiny of China’s plans for a digital yuan, with some officials concerned the move could kick off a long-term bid to topple the dollar as the world’s dominant reserve currency, according to people familiar with the matter. Now that China’s digital-currency efforts are gathering momentum, officials at the Treasury, State Department, Pentagon and National Security Council are bolstering their efforts to understand the potential implications, the people said. American officials are less worried about an immediate challenge to the current structure of the global…

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India’s L&T wins order for world’s biggest solar power plant in Saudi Arabia

DUBAI: Mumbai-headquartered Larsen & Toubro (L&T) has secured a contract to build the Sudair solar PV project in Saudi Arabia. The renewables arm of L&T’s Power Transmission and Distribution business has bagged the turnkey engineering, procurement, and construction contract for the Riyadh plant, which has a total capacity of 1.5 gigawatts – the biggest in the world. “The project that is coming up in Riyadh Province has a 30.8 square kilometre land parcel available to install a total capacity of 1.5GW PV Solar modules with associated single axial tracker and inverters,”…

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UAE records world’s second-highest hotel occupancy rate in 2020

Hotels in the UAE were the world’s second busiest after China in 2020 due to government efforts to contain the spread of the Covid-19 virus, encourage domestic tourism and take measures to accelerate the sector’s recovery, the Ministry of Economy said. The country hosted 14.8 million guests who spent an average of 3.7 nights at 1,089 establishments last year for a hotel occupancy rate of 54.7 per cent, according to the World Tourism Organisation and the Emirates Tourism Council. “The UAE was able to quickly contain the outbreak’s impact on…

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Pak-Italy Friendship bridge’ inaugurated in Khairabad, Chitral

A suspension bridge was inaugurated in Khairabad District, Chitral to solve the problem of rural isolation that has been affecting the community especially during the time of heavy rainfall. Due to adverse conditions and limited mobility, residents were deprived of crucial socio-economic opportunities. The bridge has been constructed in partnership with Pakistan Poverty Alleviation Fund (PPAF) and Sarhad Rural Support Programme (SRSP) under the Programme for Poverty Reduction (PPR) by Italian Agency for Development Corporation ((AICS) Pakistan. Khairabad is comprised of 5 sub-villages (Khaiabad Khas, Thok Jal, Dhap, Junali, Camp)…

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PM Imran invites Bill Gates to work together in combating climate change

Prime Minister Imran Khan has written a letter to Microsoft co-founder Bill Gates and invited him to work together to save the world from the dangers of climate change. PM Imran, in his letter has said that Pakistan is on the front lines of climate challenge and is amongst the top countries “continuously impacted” by climate change over the past two decades but at the same time it is a very low contributor to the issue, adding less than one percent of the global greenhouse gas emissions. The prime minister…

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2021-22 budget proposals: Incentives for exports on the cards, says Razak

ISLAMABAD: The government is working on budgetary incentives for 2021-22 to maintain its gains what it has so far achieved to put the country on way to industrialization, making solid ground for import substitution and emphasizing more focus on diversification in exports of the country, an adviser to the prime minister said Sunday. In an exclusive chat with The News, Prime Minister’s Adviser on Commerce, Textile and Investment Abdul Razak Dawood said that the commerce ministry has shifted its paradigm with the PM’s nod. Now the ministry working on budgetary…

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Saving Sindh’s Trees Of Life

Trees sustain life. They give us the air we breathe; the shade we sit under. But many trees do a lot more than just that. The Indus Delta’s mangrove forest ecosystem, for example, supports various life forms. These dense trees, that protect us from storms, cyclones and tsunamis, are also home to different kinds of marine life including fish, shrimp and crabs, and several species of birds such as pelicans, flamingoes, kingfishers, cranes and even ducks. The trees also serve as the feeding grounds for tropical birds that feed on…

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