Category: Highlights

The government is likely to extend contract of Managing Director, Private Power & Infrastructure Board (PPIB), Shah Jahan Mirza, for three months or till the appointment of his successor, well-informed sources told Business Recorder. A summary for extension in services of Mirza for three months has already landed with the Establishment Division, which will be presented to the Cabinet, after comments from Establishment Division. According to sources, Shah Jahan Mirza went to perform Haj and took ex-Pakistan leave after which Dr. Munawar was immediately given acting charge of MD PPIB…

Read More

Stagnant German growth in the second quarter has led analysts across the board to predict a recession as the outlook becomes clouded by the threat of a halt to Russian gas supplies. But it is not only growth that is sputtering at 0pc between April and June — Germany’s entire economic model is being called into question by experts. “The war in Ukraine puts an end to the German economic business model as we knew it — a model which was mainly based on cheap energy imports and industrial exports…

Read More

In the 2022 Fortune China 500 list released on July 12, LONGi Green Energy Technology Co., Ltd. (LONGi) ranked 168th, up 42 places from the 2021 ranking. LONGi has been in the Fortune China 500 list for six consecutive years, rising significantly from 495th to 168th position since its first inclusion in 2017. The Fortune China 500 list takes into account the performance and achievements of the largest Chinese listed companies in the world over the past year. The authoritative list garners considerable domestic and international interest. LONGi has maintained stable operations and achieved significant global…

Read More

LONGi’s Hi-MO 5 modules, based on 182mm cells, have now been delivered to clients in 94 countries, with total shipments exceeding 30GW and the company’s design philosophy validated by the product’s popularity with customers. Hi-MO 5 modules are not only ideal for utility-scale power plants, but are also widely applicable for the DG market. In depth analysis suggests that Hi-MO 5 is widely considered to represent the optimal product based on size, its compatibility with the industrial chain, its product value and life cycle reliability. From the very first Hi-MO…

Read More

Crude oil prices rose today after the Energy Information Administration reported a crude oil inventory draw of 4.5 million barrels for the week to July 22. This compared with a modest inventory decline of 400,000 barrels for the previous week. It also compared with an estimated crude oil inventory draw of 4 million barrels for last week, as reported by the American Petroleum Institute. At 422.1 million barrels, U.S. crude oil inventories are about 6 percent below the average for this time of the year. In gasoline, the authority estimated…

Read More