Management of Sindh Transmission & Dispatch Company welcomed the delegation from Embassy of Denmark in Pakistan

Management of Sindh Transmission & Dispatch Company welcomed the delegation from Embassy of Denmark in Pakistan accompanying Ambassador H.E. Mr. Jakob Linulf, Mr. Saleem Anwar (Head of Communications & Projects) and Executives of Danish Energy Agency, Centre for Global Cooperation Agency Mr. Ulrik Eversbusch (Director), Mr. Nadeem Niwaz (Special Advisor), & Ms. Marie Bredkjaer Thomsen (Advisor).The dialogues were carried between both sides to discuss the energy situation in Pakistan. The core focus of the meeting was to deliberate the scope of the renewable energy resources in province of Sindh and…

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Energy shares a rare 2022 winner

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Gut-wrenching market volatility and attractive valuations are prompting some investors to keep their bullish views on energy stocks, one of the few bets that have thrived in an otherwise punishing year. It’s not an easy call. The S&P 500’s energy sector is already up around 46% this year and monetary policy tightening around the world has bolstered the chances of a global recession that could curtail energy demand. Still, signs that supply will remain comparatively scarce are prompting some investors to stick with the sector, drawn by attractive earnings prospects…

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WAPDA to add over 11,000 MW environment-friendly electricity to national grid

Water and Power Development Authority (WAPDA) is actively pursuing six hydropower projects to add over 11,241 MW of environment-friendly hydel electricity to the existing 9,443 MW hydel generation in the coming years. Wapda officials told APP here that presently, the total installed capacity of 24 Wapda Hydel power stations stood at 9,443 MW and the addition of over 11,241 MW would enhance it to 20,684.4 MW. The existing power stations included Tarbela, Mangla, Ghazi Brotha, Neelum Jehlum, and Warsak Hydropower Projects, which contributed about 25 per cent of the total…

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LONGi receives EPD certification from UL Solutions and EPD Italy

UL Solutions has recognised LONGi’s high-efficiency modules with Environmental Product Declaration (EPD) certification. LONGi has also registered EPDItaly certification as a result of mutual recognition. An EPD is an internationally harmonized third-party verification report based on ISO 14025: Environmental Labelling and Declarations – Type III Environmental Declaration – Principles and Procedures. It rigorously tracks the environmental impact of a product throughout its lifecycle, including raw material acquisition, manufacturing and processing, transportation, use and end-of-life stages. EPD marks are different from other product ratings or environmental labels and serve as validation…

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Jamie Dimon Says Oil And Gas Is The Only Way To Protect America

Three days after Jamie Dimon sparked a marketwide selloff which sent stocks to fresh 2022 lows after he predicted a US recession in “6 to 9” months, citing drivers including rising interest rates, persistent inflation and Russia’s invasion of Ukraine, and warned stocks could drop another 20%, the JPMorgan CEO who is expected to report earnings tomorrow (and hopefully clarify why his bank refuses to move its deposit rate above 0.01% in the process keeping $2.2 trillion in liquidity locked inside the overnight funding facility), doubled down today saying the Fed can’t…

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