Category: Highlights

Masdar to Host World Future Energy Summit and Green Hydrogen Summit in UAE

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Future-Energy

Abu Dhabi: Masdar, a leading player in the UAE’s clean energy sector, is gearing up to host the World Future Energy Summit (WFES) and the Green Hydrogen Summit from April 16 to 18 at the Abu Dhabi National Exhibition Centre (ADNEC). This global event focuses on future energy, clean technology, and sustainability, drawing participation from key stakeholders worldwide. The Masdar Pavilion at WFES will be a focal point for innovation, collaboration, and knowledge exchange. It will feature engaging panels and presentations, including forums by Masdar’s initiatives like Y4S (Youth 4…

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Refineries Seek End to Smuggled Petroleum Products to Secure $6 Billion Investment for Upgradation Projects

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oil-refinery

Local refineries in Pakistan are poised to kickstart $5-6 billion investments over the next six years for their upgradation projects, with a key condition: putting an end to the influx of smuggled petroleum products from Iran. This condition is crucial to ensure the viability of the refineries’ expansion plans and the production of Euro-V diesel and petrol. The Oil Companies Advisory Council (OCAC) has raised concerns over the continuous smuggling of petroleum products, which not only impacts revenue for the government but also leads to significant losses for oil marketing…

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How Air Conditioning Costs Could Be Cut Significantly

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sun-streaming

The days of overheating because of the sun streaming through a window might be no more as scientists have figured out a way to make your windows heatproof. It is achieved using a special window coating that blocks infrared light and ultraviolet light, but lets through visible light, according to a new paper in the journal Cell Reports Physical Science. The solution still lets you see everything out of your window but reduces the heat let in to such a degree that it may reduce air-conditioning cooling costs by more than one-third in…

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California Supreme Court to review rooftop solar net metering

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solar-panels

The state’s highest court granted review to a lawsuit challenging a “regressive” rooftop solar policy called NEM 3.0. A controversial rooftop solar rulemaking decision has risen to the Supreme Court of California, with the state’s highest court granting review for a petition filed by the Center for Biological Diversity. The case involves NEM 3.0, a rate structure that went into effect in April 2023. The California Public Utilities Commission (CPUC) approved a request by the state’s largest investor-owned utilities to cut compensation to customers that export excess solar generation to the grid,…

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World Bank to give Dasu project $1b

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Dasu-Dam

Marks third major funding round to anchor crucial initiative amid delays ISLAMABAD: The World Bank will provide a $1 billion loan for the 2,160 megawatts Dasu hydropower project—a crucial initiative aimed at integrating cheaper electricity into Pakistan’s energy mix and showcasing the nation’s resilience against adversaries. This marks the third major financing by the World Bank for the project, which has faced delays and endured at least two terrorist attacks targeting Chinese nationals involved in its construction. Government sources disclosed that the Board of Directors of the Washington-based lender is…

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