Month: August 2022

China’s Power Crisis Could Spark A Spike In Coal Consumption

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A heatwave-induced power crisis is spreading across southwestern China, shuttering factories and worsening by the day, according to Nikkei Asia. The latest news from China is the Chongqing municipal government ordered factories, including Japanese-owned ones, to suspend production through Aug. 24 to conserve power as demand surges because of extreme heat. Chongqing is following its neighbor, Sichuan Province, which announced earlier this week that slumping hydropower generation has led to the closure of some of the world’s largest multinationals, including Toyota Motor Corp. and Contemporary Amperex Technology Co. Moody’s Vice…

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Tindo Unveils 410 W Solar Panel with 20.6% Efficiency

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Tindo Solar, Australia’s only solar panel manufacturer, has released its largest residential rooftop module yet. It said that its 410 W Karra panel has now been certified for sale and STC rebates. The 410 W Karra panel is made with 108 half-cut monocrystalline cells based on M10 wafers (182 mm). It operates with a maximum system voltage of 1,500 V and a temperature coefficient of -0.34% per degree Celsius. The new panel measures 1,731 mm x 1,149 mm x 40 mm and weighs 21.5 kg. It is built with fully…

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Radical reforms, the only silver bullet for stubborn energy quandary

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Pakistan is presently in the midst of one of the worst economic crises in its history. High inflation, large twin deficits, dwindling forex reserves, fast weakening currency, and elevated Eurobond yields were all symptoms of an economy in severe distress. This is the consensus of this open letter written to all the politicians and the authorities by the country’s eminent economist, former and present heads of prestigious institutions, and technocrats. Pakistan’s external and fiscal finances are crumbling under the overwhelming weight of energy costs. The share of imports, which was…

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LONGi Awarded Environment Excellence Award 2022

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Considering LONGi’s mission and vision towards effective implementation of local and international environmental standards. The Governing Body of National Forum for Environment & Health (NFEH) decided to award LONGi 19th Annual Environment Excellence Awards (AEEA 2022)! It was received by Mr. Ali Majid, General Manager; Mr. Ghulam Mustafa, Senior Manager, and Mr. Osman Mohammad, Products and Solutions Manager of LONGi during the award ceremony! In the past two decades, LONGi have been working on improving PV conversion efficiency and reducing the cost of PV products with technological advances. It turned…

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Sazgar Engineering to roll out locally-assembled Haval units this month

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Sazgar Engineering Works Limited will roll out the first batch of locally-assembled units of Great Wall Motor’s Haval, the H6 1.5T and 2.0T, this month. The SUVs have been priced at Rs7.425 million and Rs8.499 million, respectively. A senior official of the company said the new SUV will be competing with KIA Sportage, Hyundai Tucson, Oshaan X7, MG HS and Cherry Tiggo 8 in Pakistan. “Haval is the number one SUV in China and number three in the world,” Head of Marketing Sazgar Engineering Abuzer Butt told Business Recorder. “Right…

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