As Texas bakes under a sweltering heat dome this summer and people crank their air conditioners, the state’s energy demand has smashed records. But the power has stayed on and prices haven’t spiked tremendously. Thank wind and solar, energy experts say. “Renewables have been performing very well this summer, which is great,” Michael Webber, an energy expert and professor at the University of Texas at Austin, told CNN. “It’s operating so well at peak times.” As temperatures soared into the triple-digits on Wednesday, renewable energy was providing 30 to 40% of the…
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LONGi Named 2023 Overall Highest Achiever in RETC PV Module Index for 5th Consecutive Year
LONGi, the world leading solar technology company, has been recognized as a “2023 Overall Highest Achiever” in the annual PV Module Index (PVMI) published by the Renewable Energy Test Center (RETC).
Read MorePakistani Oil Companies Collaborate with Saudi Aramco for $10 Bln Greenfield Refinery Project
In a historic collaboration, four leading Pakistani state-owned companies will join hands for Greenfield Refinery project at the strategic Gwadar Port in Pakistan.
Read MoreMassive Hike is the Worst Anti-Business MeasurePresident FPCCI
Karachi Echoing the collective concerns of the business, industry and trade community of Pakistan, Mr. Irfan Iqbal Sheikh, President FPCCI, has termed the latest PKR. 7.5 / kWh hike in the electricity tariff as anti-business. We have already become uncompetitive vis-à-vis regional and sub-regional countries; due to the grossly-unfavorable cost of doing business environment in the country and there is no way we can absorb the added burden, he added. Irfan Iqbal Sheikh explained that businesses were already paying close to PKR. 60 / kWh – when accounted for all…
Read MoreThar Coal Energy Board approves coal tariff of Block-I & Block-II
KARACHI (July 25): The Thar Coal Energy Board in its 25th meeting held under the chairmanship of Sindh Chief Minister Syed Murad Ali Shah approved a levelized tariff of $ 37.36 per ton for the Financial Close stage petition for 7.8 million tons per annum of Block-I and a levelized tariff of $ 30.40 per ton for Contract stage petition for 11.2 million tons per annum of Block-II .The meeting was held at CM House and was attended by Federal Planning Minister Mr. Ahsan Iqbal (through video link) Energy Minister…
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