Author: Admin

Regal Automobiles Unveils Pakistan’s First Locally Assembled Electric SUV, Seres 3

Admin
Regal-Automobiles

KARACHI: Regal Automobiles Industries Limited has marked a historic milestone in Pakistan’s automotive sector with the launch of the country’s first locally assembled electric SUV, the Seres 3. The unveiling ceremony, held at the company’s state-of-the-art plant, symbolizes a major leap towards sustainable and eco-friendly mobility in Pakistan. The Seres 3 features cutting-edge technology, including a Permanent Magnet Synchronous Motor (PMSM) and a 54 kWh lithium-ion battery, delivering an impressive range of up to 403 kilometers per charge (NEDC cycle). With a power output of 156 hp, 280 Nm of…

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CDWP Calls for Comprehensive Feasibility Study on Rs59 Billion ADB-Funded Power Projects

Admin
New-CDWP

ISLAMABAD: The Central Development Working Party (CDWP) has directed the Power Division to conduct a detailed techno-economic feasibility study for ADB-funded power distribution projects worth Rs59 billion in three power Distribution Companies (Discos)—LESCO, MEPCO, and SEPCO. This directive follows concerns about the effectiveness of proposed Advanced Protection and Monitoring System (APMS) meters in addressing electricity theft, according to well-informed sources. The project costs are estimated at Rs27.6 billion for LESCO, Rs22.2 billion for MEPCO, and Rs9 billion for SEPCO. A meeting chaired by the Deputy Chairman of the Planning Commission…

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Global Solar Industry Leaders Announced in BloombergNEF Tier 1 Rankings for Q4 2024

Admin
LONGi-Green

Global Solar Industry Leaders Announced in BloombergNEF Tier 1 Rankings for Q4 2024 December 2, 2024 BloombergNEF (BNEF) has released its much-anticipated Tier 1 PV module manufacturers’ rankings for Q4 2024, highlighting the industry’s leading players in solar photovoltaic (PV) manufacturing based on their financial stability and operational scale. Leading the rankings is LONGi Green, which recorded the highest annual module capacity at 120,000 MW, reflecting its robust production capabilities and significant role in meeting global solar energy demand. Sharing the top tier with LONGi is Jinko Solar, also boasting…

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Diamond Jubilee Celebrations of National Bank of Pakistan75 Years of Unwavering Excellence

Admin
Diamond Jubilee

Exuberant celebrations filled with unwavering dedication and opulent prestige marked the 75th anniversary of the National Bank of Pakistan (NBP). Held at the historic Mohatta Palace in Karachi, the event was attended by eminent dignitaries from the government, business community, and customers from across the country.Mr. Rehmat Ali Hasnie, President NBP, warmly welcomed the Chief Guest, Mr. Jameel Ahmad, Governor of the State Bank of Pakistan (SBP), industrial catalysts, and other distinguished guests alongside members of NBP’s management.The event marked the Diamond Jubilee of NBP’s illustrious journey as a cornerstone…

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U.S. Imposes Tariffs on Solar Panels from Southeast Asia Over Dumping Allegations

Admin
Floating Solar

Washington: The U.S. Commerce Department has announced tariffs on solar panel imports from Cambodia, Malaysia, Thailand, and Vietnam following allegations of market dumping. The decision stems from a trade complaint by Hanwha Qcells, First Solar Inc., and other U.S. manufacturers seeking to safeguard domestic solar investments. Dumping duties range from 21.31% to 271.2%, varying by company and country of origin. Key determinations include: Jinko Solar: 21.31% for Malaysian products and 56.51% for Vietnamese-made panels.Trina Solar: 77.85% for Thai products and 54.46% for Vietnamese goods.Hanwha Qcells: No dumping margin for Malaysian…

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