Month: January 2024

SDPI’s moot on energy sector reforms

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SDPI-logo

‘Next elected Govt should declare emergency in Pakistani energy sector to effectively deal with many of its woes including circular debt’ The incoming elected government should declare a state of emergency in the energy sector to effectively deal with many of its issues that have been persisting for the last many decades and continuously worsening each passing day.This was one of the emphatic recommendations shared by the concerned speakers who attended the recently held panel discussion to suggest the way forward for the next elected government in the country to…

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Small-scale solar good for environment, but agrivoltaics might be better

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Small-scale

Canadian researchers have conducted a lifecycle analysis showing that it’s good for the environment to put solar on rooftops, but a mix of small-scale PV and agrivoltaics might be a better alternative. A study conducted at the University of Western Ontario compared both large and small solar installations and concluded that small-scale solar systems are better for the environment than even the largest, most efficient, utility-scale solar projects. Solar is scaling up in the United States and Canada in part because solar energy is the lowest-cost form of new-build electricity in  many markets, according…

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Hopewind, an all-round player in the global renewable energy stage

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Hope-wind

Encompassing wind power, solar energy and energy storage systems, power conversion equipment including wind power converters, photovoltaic inverters, and energy storage converters share the common basic technology. The long-term reliability and stability of these components are of utmost importance for the sound operation of power plants, and are also where Hopewind’s strengths lie.  A leader in the wind power industry Established in April 2007 in Shenzhen, China, Hopewind’s first business order was to provide core modules for wind power converters. In 2009, Hopewind broke the bottleneck of voltage failure caused…

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Turkish firm wants probe into ‘Lot-1 affair’

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power-subsidy

ISLAMABAD: Turkish energy firm M/s SA-RA has urged caretaker Minister for Power and Petroleum Muhammad Ali to undertake a fair and independent investigation of 765-Kv Dasu transmission line (Lot-1) project. The company’s representative Caglar TEPE, in a letter to the caretaker Minister stated that the company understands that the Senate Standing Committee on Power and the World Bank Integrity Vice Presidency Department now possess the necessary evidence to substantiate its serious concerns about gross irregularities in the evaluation of the project with the intention of manipulating the contract. “We request…

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Jul-Dec power sector circular debt soars to Rs2.55trn

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Power-control

ISLAMABAD: The country’s power sector circular debt stock is said to have reached Rs 2.551 trillion during first six months (July-December) 2023-24, showing 10.5 per cent growth in flow per month – Rs 40 billion in total terms – sources close to caretaker Minister for Power and Petroleum told Business Recorder. According to sources, circular debt stock which touched Rs 2.310 trillion at the end of 2023-24, with a growth of Rs 57 billion in stock, is now hovering at around Rs 2.551 trillion with a growth of Rs 241 billion…

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