Author: Admin

Groundbreaking solar panels are 1000x more powerful than traditional panels

Admin
solar-panels

Researchers at Martin Luther University Halle-Wittenberg (MLU) have discovered a new method to increase the efficiency of solar cells by a factor of 1,000. The team of scientists achieved this breakthrough by creating crystalline layers of barium titanate, strontium titanate, and calcium titanate, which were alternately placed on top of one another in a lattice structure. Their findings, which could revolutionize the solar energy industry, were recently published in the journal Science Advances. Solar cells currently in use are mostly silicon-based, but their efficiency is limited. This has led researchers…

Read More

NEECA green hydrogen study reveals clean fuel potential for Pakistan

Admin
green-hydrogen

ISLAMABAD: The National Energy Efficiency and Conservation Authority (NEECA) has released a pre-feasibility study on green hydrogen energy, aiming to unlock the vast potential of the clean fuel and pave the way for a more sustainable energy future. The study, conducted in collaboration with international experts, analyzed 13 value chain cases for hydrogen production, storage, and utilization, and identified the three most promising ones for further exploration. Currently, Pakistan relies heavily on thermal sources for its power generation, with a staggering 64 percent of its energy being sourced from imported…

Read More

SIFC takes notice of JJVL closure

Admin
LPG-Air-Mix-Plant

ISLAMABAD: In a new development, Special Investment Facilitation Council (SIFC) has taken the notice of closure of the Jamshoro Joint Venture Limited (JJVL) LPG-NGL extraction plant since June 2020 and directed the Petroleum Division to help resolve the disputes between the plant management and Sui Southern authorities. The plant can be used as an import substitution industry against LPG import and save the precious foreign reserves being used for import of liquid gas. “SIFC wants authorities to make the JJVL LPG Extraction plant operational not only to end the import…

Read More

Gwadar coal-fired project: Inter-ministerial committee formed to review progress

Admin
cpec

ISLAMABAD: The government is said to have constituted an inter-ministerial committee to review the progress of the 300 MW coal fired project at Gwadar and suggest a way forward to expedite the project or suggest an alternative source of power supply to Gwadar area if Chinese company fails to renew Performance Guarantee (PG) by March 21, 2024, well-informed sources told Business Recorder. Sharing the details, sources said the PPIB is processing a 300 MW coal power project at Gwadar, being developed by M/s CIHC Pak Power Company (Pvt.) Limited (CPPCL). This…

Read More

Energy sector: Circular debt jumps to over Rs5.725trn

Admin
Power-generation

ISLAMABAD: Pakistan’s energy sector circular debt has jumped to Rs 5.725 trillion as of November 2023, of which share of power sector stood at Rs 2.703 trillion whereas contribution of gas sector at Rs 3.022 trillion, sources close to caretaker Minister for Power and Petroleum told Business Recorder. The caretaker minister has prepared an innovative plan to reduce circular debt of energy sector, which has been shared with caretaker Finance Minister Dr. Shamshad Akhtar. According to the main features, the plan will be restricted to public sector companies only, budget neutral…

Read More