Month: February 2023

PM inaugurates 1,100MW K-3 nuclear power plant

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Prime Minister Shehbaz Sharif on Thursday inaugurated K-3, the third unit of Karachi Nuclear Power Plant (Kanup), which will produce 1,100 megawatts of electricity. The project has been completed with assistance from China. In his address on the occasion, the prime minister said K-3 was a step forward in cooperation with Pakistan’s trusted friend China. He congratulated the scientists and workers of Pakistan and China who strove for completion of the project. He said the staff of Pakistan Atomic Energy Commission (PAEC), who contributed to the project, would be invited…

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Global Battery Demand Is Soaring, But Supply Is Lagging Behind

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There is an undeniable need for more electric batteries to be produced in line with the growing global demand for electric vehicles (EVs) and electronic devices. But companies are repeatedly falling behind on their production aims due to a multitude of challenges, from supply chain constraints caused by the Covid pandemic to lithium shortages in the face of rising demand. Costs have soared in recent years, in response to these challenges, and many once-promising startups have failed in their attempt to weather the storm and come out the other side…

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The U.S. Is Facing A Major Challenge As Petrodollar Loses Force

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On January 17, the Saudi minister of finance, Mohammed Al-Jadaan, announced that the Saudi state is open to selling oil in currencies other than the dollar. “There are no issues with discussing how we settle our trade arrangements, whether it is in the US dollar, whether it is the euro, whether it is the Saudi riyal,” Al-Jadaan told Bloomberg TV. If the Saudi regime does indeed embrace substantial trade in currencies other than the dollar as part of its oil-export business, this would signal a shift away from the dollar…

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LONGi signs distribution agreements for 500MW of Hi-MO 6 modules at WFES 2023

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LONGi has announced that its participation at the 2023 edition of the World Future Energy Summit in Abu Dhabi saw the signing of several distribution agreements, totalling 500MW, for its new Hi-MO 6 product with regional partners including Power N Sun, Nanosun, AGS, Power City and Noon, as well as other partners from Africa and Central Asia. The Hi-MO 6 product family is based on LONGi’s proprietary HPBC cell technology, a new generation high-efficiency technology that uses a front-side busbar-free design. As a result of adjusting the cell’s internal structure,…

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Engro Fertilizers Limited

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engro

Engro Fertilizers Limited (PSX: EFERT) is a wholly owned subsidiary of Engro Corporation which is the subsidiary of Dawood Hercules Corporation Limited. The company was incorporated in Pakistan in 2009 and is engaged in the manufacturing, purchasing, marketing, and selling of fertilizers, seeds, and pesticides besides providing logistics services.

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