Author: Admin

UAE’s Power Sector Soars: BC Modules Redefine Benchmark solar projects in the world

Admin
UAE-power-sector-soar

Leadership teams from LONGi, POWERCHINA, and ENGIE have met in Beijing, China, and officially signed a cooperation agreement for the 1.5GW PV4 Hazza 1 PV project in Abu Dhabi, UAE. This is another new step after the three parties signed a framework agreement in Paris, France, this May, marking that the project cooperation has fully entered the implementation stage. In this cooperation, LONGi will supply 1.1GW of high-efficiency BC modules Hi-MO 9 for this project. After the project is completed, it will greatly increase the production scale of clean energy…

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Rooftop Solar Boom to Push Daytime Grid Demand Below Zero in Key Pakistani Cities Next Year

Admin
solar-Project

BELÉM, Brazil: Pakistan’s rooftop solar generation is expected to surpass grid-linked electricity demand during daytime hours in several major industrial regions next year, marking an unprecedented shift in the country’s energy landscape, a senior government official told Reuters. The development reflects a rapid and record-breaking surge in solar panel installations, which has slashed emissions and lowered bills for many consumers — but also intensified financial pressure on already debt-strapped power utilities grappling with declining grid demand. “Pakistan will experience negative grid-linked demand during certain daytime hours because behind-the-meter solar is…

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US Exim Bank Commits $1.25bn Loan for Pakistan’s Reko Diq Mine

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Mining-Sector

WASHINGTON: The US Export-Import (Exim) Bank has pledged a $1.25 billion loan to support Barrick Mining’s development of the Reko Diq copper and gold project in Pakistan, as part of a broader US initiative to strengthen global supply chains for critical minerals, nuclear energy, and natural gas. Exim Bank Chair John Jovanovic, in an interview with the Financial Times published on Sunday, said the loan forms part of a larger plan to deploy $100 billion aimed at reducing Western dependence on supply chains that he described as “no longer fair.”…

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Pakistan Urges Grant-Based, Predictable Climate Financing for Vulnerable Developing Nations

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Cop-30

ISLAMABAD: Pakistan has called on the international community to provide rapid, grant-based, and predictable climate financing for vulnerable developing countries, warning that recurring extreme weather events are intensifying debt distress and stalling development in nations least responsible for global emissions. The appeal was made at a high-level side event titled “Operationalising Loss and Damage: Financing Resilience and Recovery in Vulnerable Countries” held at the Pakistan Pavilion during the UN climate summit (COP30) in Belém, Brazil. The session was jointly organised by the Ministry of Climate Change and Environmental Coordination and…

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KATI Demands Comparative FCA, Capacity Charge, and Net Metering Data to Evaluate Impact on Industrial Consumers

Admin
New-NEPRA

ISLAMABAD: The Korangi Association of Trade and Industry (KATI) has urged the National Electric Power Regulatory Authority (NEPRA) to provide comprehensive comparative data on Fuel Charges Adjustment (FCA), capacity charges, and net metering to assess their combined financial burden on industrial consumers. In a letter to Registrar Waseem Bhinder, KATI requested the information ahead of NEPRA’s upcoming FCA hearing for October 2025, scheduled for November 27. The Association noted that it had previously referred to NEPRA’s determination of November 7, 2025, regarding the FCA for September, in which the Authority…

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