Category: Highlights

TIER 1 | Hopewind Ranked as a BloombergNEF Global Tier 1 Photovoltaic Inverter Manufacturer

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On May 23, the globally renowned energy research institution — Bloomberg New Energy Finance (BloombergNEF, abbreviated as BNEF) announced the list of photovoltaic inverter manufacturers that meet the BNEF Tier 1 standards as of the second quarter of 2024. The list indicates that only seven companies worldwide have successfully made it to the first echelon (Tier 1), with Hopewind being one of them. Being ranked on the Tier 1 list fully demonstrates Hopewind’s global influence and competitiveness in the field of photovoltaics. (Source: BNEF, list arranged in reverse alphabetical order)…

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Leading Experts Convene in Islamabad for OICCI and Shell Pakistan’s Energy Symposium

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Islamabad, May 22, 2024: Overseas Investors Chamber of Commerce and Industry (OICCI), and Shell Pakistan Limited jointly hosted the Pakistan Energy Symposium. This significant event was produced by the Nutshell Group and took place at a local hotel. The Pakistan Energy Symposium – ‘Powering the Future’ brought together public stakeholders, policymakers, thought leaders, and industry specialists, to chart out a course for Pakistan’s sustainable energy future. Deliberating on adding renewables to Pakistan’s energy mix Senator Dr. Musadik Malik, Federal Minister for Petroleum & Water Resources, said, “Pakistan has sunlight, wind, water, and…

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LONGi Successfully hosts its Renewable Energy Forum in Karachi

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Karachi, Pakistan – May 21, 2024 – LONGi, the global pioneer in green power and green hydrogen solutions, proudly hosted ‘LONGi’s Renewable Energy Forum’ on May 20, 2024 in Karachi. The event brought together key industry leaders, government officials, and visionaries in the field of renewable energy. The event kicked off with a warm welcome session, followed by an inspiring welcome speech by James Jin, President of LONGi MEA&CA. He underscored LONGi’s commitment to supporting Pakistan’s energy transition, emphasizing the significance of LONGi’s green power + green hydrogen capability, differentiated…

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REAP urges the federal government to consult it before revising net-metering rules

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The Renewable Energy Association of Pakistan (REAP) has requested the federal government to consult it as a key stakeholder in the clean power sector to obtain expert input before finalizing the revision of net-metering terms and conditions in the country. The Chairman of REAP, Nasir Latif, recently sent a letter to the Federal Energy Minister, Awais Ahmad Khan Leghari, emphasizing this need. The REAP believes that the government should revise the rules and regulations in a way that does not hinder its goal of maximizing clean energy production in the…

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OGRA DETERMINES ESTIMATED REVENUE REQUIREMENTS OF SUI COMPANIES FOR FINANCIAL YEAR 2024-25

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Islamabad, May 20, 2024: The Oil and Gas Regulatory Authority (OGRA) determines the revenue requirements of sui companies for F.Y 2024-25. The average prescribed price per MMBTU of gas is recommended as Rs. 1635.90 and the decrease in price per MMBTU is Rs. 179.17 with decrease percentage of 10% for SNGPL. The financial impact of previous years’ shortfall of Rs. 580,585 million, as calculated by OGRA as against SNGPL’s claim of Rs. 862,612 million per the petition, has been referred to Federal Government for an appropriate policy decision and is,…

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