Month: May 2022

The World Bank (WB) has invited Pakistani authorities for negotiation of $341.5 million loan to set up 300-MW floating solar project at Tarbela – Ghazi Barotha complex, official sources told Business Recorder. The Floating Solar Projects (FSPs) will supply zero emission electricity to meet peak daytime demand in summer and facilitate storage of water in the Complex to meet peak demand in the winter. The proposed project focuses not only on deployment of the first FSPs but also on technology transfer, innovation, research, and technical capacity building for hybrid operation of…

China’s electricity sector has been undergoing a clean revolution over the past few years, primarily driven by exceptional growth in wind and solar power. However, rising wind and solar power create the need to reconfigure the electricity system to accommodate a changing generation mix while ensuring supply security. The main focus of the 14th Five-Year Energy Plan is to facilitate such a system-wide change, where coal will step down into a supporting role before its complete phaseout.22 April 2022 – by Muyi Yang and Achmed Shahram Edianto China’s 14th five-year…

Karot hydropower project’s unit one has started to run with a capacity of 180 megawatts (MW) on full load and is supplying energy to the national grid, The News learnt on Saturday. The energy produced from unit 1 would support the national grid in alleviating energy crises, CEO of Karot Power Company Limited Wang Minsheng said. He added that timely commissioning of Karot hydropower projects would ease power shortage across the country. He termed the start of unit 1 an important milestone for the project, informing that the unit 2…

Independent power producers (IPPs) are setting up five power projects that would have an accumulative capacity to generate up to 3963 megawatts (MW) by this year, official sources told on Saturday. The projects include Thar Coal, RLNG, and hydel based power generation projects. They are likely to start commercial operation during the current year, the sources said. They said Private Power Infrastructure Board (PPIB) was providing facilitation to these IPPs projects being set up in different parts of the country. Sharing the details, they said the projects included 330 MW…