Highlights Archives - Page 237 of 730

Electricity tariff in Pakistan to reach Rs30 per unit after another massive hike

July 14, 2023July 17, 2023 Admin

KARACHI – In another blow for inflation-weary Pakistanis, the electricity prices are likely to go up from today as the power tariff will be jacked up to Rs30 per unit. The federal government is expected to issue a notification for the price hike. The above-mentioned price is exclusive of additional taxes. For the people using above 200 units, the per unit price of power tariff will cost around Rs50. The increase in power tariff along with other stern measures are made on the demand of the International Monetary Fund, which…

IMF Executive Board approves $3bn Stand-By Arrangement for Pakistan

July 13, 2023July 13, 2023 Admin

The Executive Board of the International Monetary Fund (IMF) approved on Wednesday the new $3-billion Stand-By Arrangement (SBA) for Pakistan, which immediately allows the disbursement of about $1.2 billion.

Diversifying Critical Material Supply Chains Minimises Geopolitical Risks

July 13, 2023May 5, 2024 Admin

The energy transition requires a dramatic increase in the supply of critical materials, yet their supplies chains remain vulnerable to a range of geopolitical risks.

Multi Award Winner Solis Cements its Position as 3rd Largest Global Inverter Manufacturer

July 11, 2023July 11, 2023 Admin

independent industry tracker ranks Solis as world number 3, by shipped MW, for second year running 6th July, 2023, Ningbo, China: Ginlong(Solis) Technologies (the company), one of the most experienced inverter producers in the world, has been ranked the world’s 3rd largest inverter manufacturer for the second consecutive year. This latest success builds on a string of awards and accolades for Solis over the last 18 months. Only last week the company was presented the “top inverter brand 2023” seal for Belgium by respected global market research organisation, EUPD; having…

LONGi Chairman Zhong Baoshen attends the Summer Davos Forum, calls for actions to actively respond to global climate change

July 9, 2023July 9, 2023 Admin

The World Economic Forum (WEF)’s 14th Annual Meeting of the New Champions, also known as the “Summer Davos Forum”, was held in Tianjin from June 27 to 29. Zhong Baoshen, Chairman of LONGi, was invited to the forum where he delivered speeches at the “Net-Zero Hero? The Decarbonization of Industry Clusters” and the “China Energy Transition Roundtable”. The theme of this year’s forum was “Entrepreneurship: The Driving Force of the Global Economy.” It was attended by over 1500 global leaders and innovators politics, business, academia, social organizations, and international organizations.…

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