GtG mode: Pakistan restarts talks with Azerbaijan for import of petrol on credit

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 In a new development, Pakistan has restarted talks with Azerbaijan on the latter’s offer made in late 2016 for providing Mogas on credit besides the current negotiations for distressed LNG at an affordable rate, a senior official of the Energy Ministry told The News. Both countries earlier inked an Inter-governmental Agreement (IGA) in 2017 under which Azerbaijan’s state-owned SOCAR was supposed to provide oil and gas products, including furnace oil, petrol, diesel and liquefied natural gas (LNG). SOCAR to this effect had offered two separate credit lines of $120 million…

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Growatt and Trisun Energies sign 100MW MoU to Forge New Strategic Partnership

Growatt, a global leading distributed energy solution provider, signed a Memorandum of Understanding (MoU) with Trisun Energies, a Karachi-based renewable energy company, to deepen their cooperation in the Pakistan solar market earlier this month. According to the agreement, Growatt will supply Trisun Energies with up to 100MW of string inverters in 2023. And the MoU was signed in the context of Pakistan’s revised RE policy, which aims to accelerate the clean energy transition and derive 60 percent of energy from renewable sources by 2030. “The newly revised RE policy reinforces…

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Thar coal to be linked with PQ thru rail system

The government has decided to link Thar coal and Port Qasim (PQ) with Pakistan Railways network through Rs 58.240 billion project in order to provide bulk transportation facilities as per requirement of the economy. Sources said that the PC-I of the project has been prepared and is expected to be approved soon. They added that the total project cost of Rs 58.240 billion would be financed through Public Sector Development Programme and Annual Development Plan on equal cost sharing basis. The project comprises construction of 105-kilometer long track including 24.58-kilometer…

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GLOBAL Shipments Of Longi Hi-Mo 5 Modules Now Exceed 50gw

LONGi has announced that, as of mid-December, global shipments of its Hi-MO 5 module have exceeded 50GW, cumulative shipments now approaching 100 million panels.  The Hi-MO 5, based on 182mm cells, was officially released in June 2020 and is adaptable to an extensive range of application scenarios, being easy to handle, transfer, store and install, with a very low breakage rate.  Based on gallium-doped, half-cell, crackless smart soldering technology, Hi-MO 5 modules have received wide industry recognition, including awards from Intersolar and TÜV Rheinland for Energy Yield Simulation at its ‘All…

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Shifting to renewable sources key to Pakistan’s energy security: PM Shehbaz

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Prime Minister Shehbaz Sharif on Wednesday said the government remains committed to diversifying the country’s energy mix, and will put special emphasis on renewable sources, which he termed as the “key to energy security”. The prime minister in a post on Twitter wrote that the federal cabinet has given serious consideration to an energy conservation plan. “The plan will be approved after taking provinces on board,” he said. “Extraordinary times call for extraordinary measures. Its effective implementation will save precious resources & help address energy crisis,” said the prime minister. he statement comes…

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