140 Years of Wind Power: The World Reaches 1 Million Megawatt New Discovery: Austrian Engineer Josef Friedländer installed the first wind generator in Vienna already in 1883 Bonn, 31 July 2023 (WWEA) – Mankind has been making use of the power of the wind for thousands of years. The first machines driven by wind in forms of wind mills were invented more than 1000 years ago, potentially even much earlier. When human beings started to use electricity, several engineers in various countries began soon experiments how wind energy could be…
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Chinese vice premier due in Pakistan on 10th anniversary of CPEC
ISLAMABAD — Chinese vice premier is expected to travel to Pakistan on Monday, July 31 to attend 10 years of China-Pakistan Economic Corridor (CPEC) celebrations. Sources familiar with the development, on the condition of anonymity, told Pakistan Observer that Iron Brothers Islamabad, and Beijing are celebrating the 10th anniversary of the flagship project of the Belt and Road Initiative at the end of this month with renewed vigor and anticipation.China, having invested close to $30 billion in energy and infrastructure projects over the past decade in the South Asian nation, is set…
Read MoreWind and solar are propping up the Texas power grid amid a brutally long heat wave
As Texas bakes under a sweltering heat dome this summer and people crank their air conditioners, the state’s energy demand has smashed records. But the power has stayed on and prices haven’t spiked tremendously. Thank wind and solar, energy experts say. “Renewables have been performing very well this summer, which is great,” Michael Webber, an energy expert and professor at the University of Texas at Austin, told CNN. “It’s operating so well at peak times.” As temperatures soared into the triple-digits on Wednesday, renewable energy was providing 30 to 40% of the…
Read MoreEconomic challenges: timely actions needed
The coalition government of the Pakistan Democratic Movement (PDM) is approaching completion of its tenure in the next few days. While presenting their last budget for the current fiscal year (FY 2024), the fourth-time federal finance minister, Muhammad Ishaq Dar, stated that Pakistan’s GDP growth for the year is projected to be 3.5 percent. Furthermore, the budget 2023-24 allocates approximately Rs 1150 billion for Public Sector Development Program (PSDP). This includes Rs 80 billion for Prime Minister Initiatives, Rs 54.5 billion for aviation division, Rs 5.4 billion for defence and…
Read MoreLONGi Ranks 177th on the Fortune China 500 list in 2023
On July 25th, The Fortune magazine released the Fortune China 500 list for 2023, with LONGi ranking 177th, a rise of 318 places compared to the very first year at 495th.
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