U.S. Finalizes Sweeping Tariffs on Southeast Asian Solar Imports Amid Dumping Allegations

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WASHINGTON: U.S. trade officials have finalized significant tariffs on solar imports from Southeast Asia, marking a pivotal moment in a year-long trade dispute centered on unfair competition claims against Chinese-owned manufacturers. The case, initiated by Korea’s Hanwha Qcells, Arizona-based First Solar Inc., and other domestic producers, accused Chinese companies of undercutting prices by exporting subsidized, below-cost solar panels from factories in Malaysia, Cambodia, Thailand, and Vietnam. The American Alliance for Solar Manufacturing Trade Committee argued these practices threatened billions in U.S. clean energy investments. The finalized tariffs, announced Monday, vary…

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Aramco and BYD Form Strategic Alliance on Next-Gen Vehicle Technologies

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SHANGHAI: Saudi Aramco, the world’s largest oil producer, and Chinese electric vehicle giant BYD have announced a strategic collaboration to advance new-energy vehicle technologies. The announcement was made as the Shanghai Motor Show opened on Monday. Aramco’s subsidiary, Saudi Aramco Technologies Company (SATC), will work with BYD to develop innovative technologies aimed at improving efficiency and environmental performance in the transport sector. While the financial terms of the agreement were not disclosed, both companies highlighted the potential of the partnership to accelerate the development of advanced powertrain systems and lower-carbon…

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Pakistan Oxygen to Invest Rs1.3bn in Hydrogen Production Plant at Port Qasim; Clover Pakistan Explores Oil Marketing Venture

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KARACHI: Pakistan Oxygen Limited (POL) has announced a major investment of Rs1.3 billion to set up a state-of-the-art hydrogen production facility at Port Qasim. In a filing to the stock exchange, the company stated that the new facility will meet the rising hydrogen demand from its key strategic customers, marking a significant step towards cleaner energy solutions in Pakistan. Meanwhile, Clover Pakistan Limited (CPL) disclosed in a separate stock filing that its board of directors has approved plans to explore the feasibility of investing in or acquiring a company operating…

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RPG Game Releases On Schedule

Vice Chairman National Electric Power Regulatory Authority (NEPRA) Bahadur Shah on Tuesday said that provision of clean, affordable and reliable electricity was vital for poverty reduction, sustainable development and economic growth ISLAMABAD, (APP – UrduPoint / Pakistan Point News – 25th Feb, 2020 ) :Vice Chairman National Electric Power Regulatory Authority (NEPRA) Bahadur Shah on Tuesday said that provision of clean, affordable and reliable electricity was vital for poverty reduction, sustainable development and economic growth. “We urgently need a long-term solution to Pakistan‘s energy needs and this can only be achieved through working…

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IFC Partners with Pakistan to Boost Electric Vehicle Market for Two- and Three-Wheelers

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ISLAMABAD: In a strategic move to accelerate the adoption of electric mobility in Pakistan, the Ministry of Industries and Production has signed a landmark agreement with the International Finance Corporation (IFC) to promote investment in electric two- and three-wheel vehicles. The initiative aims to support policy development, regulatory reforms, and standard-setting to create an enabling environment for electric vehicle (EV) adoption. With over 23 million two- and three-wheelers currently on Pakistani roads, electric variants represent less than 1% of the fleet—highlighting significant room for growth. Under the agreement, IFC will…

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