Year: 2022

Residential No: 1 Solar Inverter Growatt and Leading renewable company Trisun has signed a memorandum of understanding to help Pakistan supplying its PV inverters by 100 Megawatts in the year 2023. Trisun Energies signed the MoU with Growatt, the world’s leading renewable energy Inverter Company, for distribution of PV Inverters in Pakistan of accumulative 100 MWs generation capacity at various locations in one year. Engr. Mian Fahad, Country Head Pakistan of Shenzhen Growatt New Energy Ltd, said Growatt had emerged as a leading company of the renewable energy market, especially…

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After spiking for some time, crude oil prices tumbled in early December on concerns of continued weakening of the global demand. Global oil prices receded by more than 20 percent on the onset of business cycle slowdown around the world. This came after an explosive upcycles in commodity prices after the first wave of COVID. After peaking in mid-2022, demand destruction and weakened economic growth have resulted in slower petroleum and oil consumption. Factors like high oil and other energy prices initially also contributed to the global economic slowdown through…

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Scientists at the Lawrence Livermore National Laboratory in California have managed to get more energy out of a nuclear fusion reaction than they put in to trigger it, the U.S. Department of Energy announced Tuesday, a major breakthrough experts told Forbes is a huge step towards developing a near-limitless source of clean energy that is probably still decades away and will arrive too late to tackle the most pressing problems in the fight against climate change. Scientists have eyed nuclear fusion—the star-powering process that combines lighter elements like hydrogen and helium into heavier ones…

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As Pakistan’s energy import bill touched an exorbitant $27 billion, Prime Minister (PM) Shehbaz Sharif underlined the need to explore indigenous resources including hydel, solar, air and coal to produce cheap electricity. Federal Minister for Power Khurram Dastgir Khan stated that a 1,320MW project has been initiated by the Shanghai Electric Group in Thar to use indigenous coal for electricity production. “The plants have been connected to the national grid,” and that the initiative “was borne from the fruit of CPEC projects,” he observed. Pakistan is suffering from the impact…

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