Category: Highlights

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

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longi

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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Marketing firms told to ensure LPG at govt rate

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Oil-and-Gas

ISLAMABAD: As the rampant black market and overpricing of liquefied petroleum gas (LPG) go unchecked, the Oil and Gas Regulatory Authority (Ogra) on Friday issued a directive to all LPG marketing companies and provinces to ensure the availability of the fuel at notified retail price. Ogra has said that it was essential for all companies operating in the LPG sector to ensure that they comply with the notified price to promote transparency and fair practices in the industry. “The companies are further directed to prominently mention the cylinder selling rates…

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Import of solar equipment halves on LC curbs

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Solar-imports

KARACHI: The State Bank of Pakistan’s curbs on opening fresh letters of credit (LCs) has restricted imports of solar panels and inverters from China from $2.4 billion in FY22 to just $1bn in FY23. This figure was last seen in FY17, which swelled to $1.8bn in FY19 after growing awareness among customers about alternative sources of energy. The central bank had initiated steps to slow down the demand for imported items from July 2022 to control a dearth of foreign currency, which kept creating problems in the import of solar…

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