Day: April 14, 2024

How Air Conditioning Costs Could Be Cut Significantly

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sun-streaming

The days of overheating because of the sun streaming through a window might be no more as scientists have figured out a way to make your windows heatproof. It is achieved using a special window coating that blocks infrared light and ultraviolet light, but lets through visible light, according to a new paper in the journal Cell Reports Physical Science. The solution still lets you see everything out of your window but reduces the heat let in to such a degree that it may reduce air-conditioning cooling costs by more than one-third in…

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California Supreme Court to review rooftop solar net metering

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solar-panels

The state’s highest court granted review to a lawsuit challenging a “regressive” rooftop solar policy called NEM 3.0. A controversial rooftop solar rulemaking decision has risen to the Supreme Court of California, with the state’s highest court granting review for a petition filed by the Center for Biological Diversity. The case involves NEM 3.0, a rate structure that went into effect in April 2023. The California Public Utilities Commission (CPUC) approved a request by the state’s largest investor-owned utilities to cut compensation to customers that export excess solar generation to the grid,…

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World Bank to give Dasu project $1b

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Dasu-Dam

Marks third major funding round to anchor crucial initiative amid delays ISLAMABAD: The World Bank will provide a $1 billion loan for the 2,160 megawatts Dasu hydropower project—a crucial initiative aimed at integrating cheaper electricity into Pakistan’s energy mix and showcasing the nation’s resilience against adversaries. This marks the third major financing by the World Bank for the project, which has faced delays and endured at least two terrorist attacks targeting Chinese nationals involved in its construction. Government sources disclosed that the Board of Directors of the Washington-based lender is…

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FBR plans to block mobile SIMs of tax evaders

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fbr

Revenue board chief endorses disconnection of 500,000 SIMs ISLAMABAD: The Federal Board of Revenue (FBR) has decided to block 500,000 mobile phone SIMs of tax evaders as the decision has been endorsed by its chairman. In this regard, the FBR has sent relevant rules to the officers concerned. According to sources, the FBR has identified two million tax evaders, but mobile service providing companies requested the tax authority that they could not afford to block such a large number of SIMs. In response to the request, it was decided that…

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India asks companies to fire up power plants

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power-subsidy

To meet rising electricity demand in hot summer months NEW DELHI: India has asked companies to operate underutilised gas-based power plants in May and June, and extend operations of imported coal-based plants until Oct 15 to meet anticipated high demand for electricity, according to two government orders. The South Asian nation registered an 8% rise in electricity consumption in the financial year that ended last month, and demand is expected to rise in the hot summer months. In an order dated Friday, the government for the first time invoked an…

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