Category: Highlights

Solar energy continues to redefine modern living, offering a sustainable environment for communities worldwide. RedSolar showcased its innovative solar cells and modules at the prestigious K.EY 2024 exhibition held in Italy this month. Drawing the spotlight with its customized solar technology, RedSolar captured the attention and garnered endorsement from a substantial number of target customers. The event provided a platform for showcasing advancements in renewable energy technology, and RedSolar’s offerings stood out prominently amidst the array of exhibits. Italy’s burgeoning market for photovoltaic systems integrated with energy storage presents significant…

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A collective effort is needed to bring stability to real sectors of the economy, as policymaking relies on clarity and timely availability of data. However, what we see in Pakistan is ghosts of reports past continuing to cloud focus on our present and future- especially in the energy sector. In February, power sector regulator released its annual report, state of industry report, and performance evaluation reports on generation, transmission, and distribution. Most of the reports came just before the elections and the last one came out just a few days…

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ISLAMABAD: The Power Division is reportedly facing a “Catch-22” situation on a letter of former caretaker Federal Minister for Power and Petroleum, Muhammad Ali, who ordered a thorough probe into the purchase of coal by CPEC 1,320-MW Sahiwal Coal Power Plant on higher prices, which are being paid by the consumers, well-informed sources told Business Recorder. Muhammad Ali wrote the letter, just three days before his departure from the office of caretaker minister, purportedly on complaints he received from the stakeholders. “Some stakeholders approached the ex-caretaker power minister and apprised him…

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Growatt, a global leading distributed energy solution provider, recently convened a successful business gathering on February 28th in Lahore, Pakistan, drawing numerous local partners. The event served as a platform for showcasing innovation and fostering collaboration within the renewable energy sector. It underscored the burgeoning momentum of the PV industry in Pakistan and Growatt’s pivotal role in driving advancements and facilitating partnerships for sustainable energy solutions. The event’s highlight was the signing of three Memorandums of Understanding (MOUs). Growatt secured a 200MW MOU for 2024 with Aman Sons, ensuring smooth…

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Why to Curtail Wind Power Projects Despite Tariff of PKR 14.7/kWhAtif Ikram Sheikh Karachi: Atif Ikram Sheikh, President FPCCI, has expressed his profound concerns that the renewable energy policy 2006 is not being implemented in letter & spirit as costlier and obsolete power projects are still being given preference – while it makes no economic sense to purchase power for the national grid from costlier plants in these times of stagflation, mounting circular debt and burgeoning balance of payments (BoP) &depleting foreign exchange reserves (FER) even further through importing furnace…

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