Author: Admin

CDWP Clears Revised Rs172 Billion K-IV Water Supply Project for Karachi

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K-IV1

**CDWP Clears Revised Rs172 Billion K-IV Water Supply Project for Karachi** **ISLAMABAD:** The Central Development Working Party (CDWP) has approved the revised **Greater Karachi Bulk Water Supply Scheme (K-IV)** at an estimated cost of **Rs172 billion**, marking a significant escalation from its original cost while reaffirming the federal government’s commitment to addressing Karachi’s long-standing water shortage. The project, envisioned as a lifeline for Pakistan’s largest city, has experienced a **975 percent increase in cost** since its original approval in 2007, alongside a delay of more than **13 years**. Despite the…

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Pakistan’s solar boom fuels rising demand for battery storage

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solar boom

Pakistan now has one of the fastest growing distributed solar markets in the world. Research from Ember and Renewables First estimates that the country has around 38GW of distributed solar capacity spread across residential, commercial, industrial and agricultural sectors. As this solar base keeps expanding, the next task is to make that energy more flexible and available when businesses need it most. Trina Storage, the global battery energy storage arm of Trinasolar, says Pakistan’s growing solar base is driving more interest in solar plus storage systems. This interest is especially…

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Pakistan, Iran pledge deeper energy, trade partnership as bilateral ties gain momentum

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Pakistan and Iran reaffirmed plans to deepen energy cooperation, including a second cross-border transmission line and possible higher imports, while boosting trade and connectivity via joint commission talks in Tehran. Minister Leghari, Iranian envoy reaffirm commitment to expanding strategic cooperation Second cross-border transmission line, higher power imports under consideration Gwadar’s energy security, renewable investment and two-way electricity trade discussed Iranian envoy invites Pakistani energy institutions to Joint Commission meeting in Tehran, reiterating bilateral trade to touch $4b by year-end Ambassador lauds PM Shehbaz, Field Marshal Asim Munir for facilitating Islamabad…

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TONGWEI Earns Fourth Consecutive Fortune Global 500 Ranking, Reinforcing Global Renewable Energy Leadership

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TONGWEI

TONGWEI, a global leader in renewable energy and one of the world’s largest integrated photovoltaic (PV) manufacturers, has secured its place on the **2026 Fortune Global 500, ranking **No. 464* worldwide. This marks the company’s *fourth consecutive appearance* on the prestigious list, underscoring its manufacturing excellence, business resilience, and sustained growth in the global clean energy sector. The *2026 Fortune Global 500* reflects the scale and competitiveness of the world’s largest enterprises. Companies featured in this year’s ranking generated a combined revenue of approximately *US$43.1 trillion, accounting for more than…

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Pakistan no longer faces power generation shortage, says power minister

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Power-sector

Pakistan no longer faces an electricity generation shortage but must invest in battery storage and grid flexibility to manage surplus solar power and meet rising evening demand, Federal Minister for Energy (Power Division), Sardar Awais Ahmad Khan Leghari, said on Tuesday. “Let me be very direct about where we stand. Pakistan does not have a generation problem anymore… What we have is a flexibility problem. The inability to move abundant midday solar energy into the evening peak,” said Leghari while addressing the Solar Storage Flexibility 2026 (SSF26) Conference in Islamabad.…

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