Category: Highlights

Researchers make breakthrough in solar technology with ‘stretchable’ panels that act like rubber — here’s why it’s significant March 10, 2024 “Stretchable solar cells that can function under strain have received considerable attention as an energy source.” An innovative, flexible solar cell being developed in South Korea has passed a crucial stress test.  Researchers from the Korea Advanced Institute of Science & Technology (KAIST) are working on a rubber-like sun-catcher made from organic materials. The idea is for these elastic cells to one day help power the wearable technology that is becoming more prevalent in society, per a…

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Farmers in arid regions are turning to low-cost solar pumps to irrigate their fields. This eliminates using fossil fuels and boosts crop production, but is drying up aquifers around the globe. There is a solar-powered revolution going on in the fields of India. By 2026, more than 3 million farmers will be raising irrigation water from beneath their fields using solar-powered pumps. With effectively free water available in almost unlimited quantities to grow their crops, their lives could be transformed. Until the water runs out. The desert state of Rajasthan…

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ISLAMABAD: The Competition Commission of Pakistan (CCP) has rejected an application of Pakistan State Oil (PSO) meant for an extension in exemption on fuel supply on an exclusive basis to three independent power producers (IPPs), well-informed sources told Business Recorder. The CCP, in a letter to the PSO managing director, has cited reference to three applications filed by the PSO with the commission, seeking extension in the “exemption” pursuant to relevant provision of the Competition Act, 2010 on the Fuel Supply Agreements (FSAs) between the PSO and three IPPs; i.e., Pakgen…

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The Pakistan Stock Exchange (PSX) joined hands with UN Women, International Finance Corporation (IFC), CFA Society Pakistan (CFASP), and Women On Board (WOB) to mark International Women’s Day 2024 with a gong ceremony. This year’s theme, ‘Invest in Women: Accelerate Progress,’ resonated with eminent women leaders and professionals across various sectors, who participated in the event. The celebration included bell-ringing, speeches by distinguished women leaders and male advocates of gender equality, as well as a seminar featuring insights from industry experts and representatives from the CFA Institute of Pakistan. PSX…

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Prime Minister Shehbaz Sharif on Thursday set up a committee for transferring 10 power distribution companies (DISCOs) to provinces, which was not in line with last month’s decision of the Special Investment Facilitation Council (SIFC) that wanted to hand over those firms to the private sector. The PM gave the directive to constitute a review committee to consider the proposal of handing over DISCOs to provinces, according to a statement issued by the PM Office after a meeting. Former petroleum minister Dr Musadiq Malik will chair the committee. However, the…

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