The global electric battery market has expanded dramatically over the last year, as the push to shift from traditionally fuelled cars to electric alternatives has never been stronger. So, how will emerging battery markets overcome supply chain challenges to ensure that the future of electric battery development is secure? The global supply chain is still being hit hard by ongoing pandemic restrictions, the Covid spill-over effect, and, most recently, the Russian invasion of Ukraine. This means that renewable energy projects are seeing lengthy delays and the production of core components is being outweighed…
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International Shippers Create New Routes To Avoid Russia
Europe-Asia cargo transportation through the Caucasus is growing manifold as international shippers seek to avoid Russia and hasten to set up new transit routes. Cargo transshipment through Central Asia and the Caucasus will grow six times in 2022 compared to the previous year, to 3.2 million metric tons, according to the estimates of an association composed of the major state transportation companies in the region. “This is due to the sharply increased demand for the […] route against the backdrop of recent events taking place in the world,” the Trans-Caspian…
Read MorePIA, NFEH Team up to celebrate World Environment Day
Rapid transformation of farmlands nearby cities into housing schemes poses serious environmental challenge’ Karachi The rapid transformation of the farmland nearby cities particularly that in the vicinity of Karachi into urban housing schemes has emerged as one of the biggest environmental challenges in Pakistan.The issue of fast shrinking farmlands nearby urban centres of the country was raised by the concerned speakers who spoke at a programme held at the PIA Model School on Sunday to mark the World Environment Day being observed every year on June 5. The programme was…
Read MoreClarification on LONGi’s ‘debt record’, as referred to in 2Q 2022 Bloomberg NEF report
LONGi Green Energy Technology Co., Ltd (hereinafter LONGi) has noted that BloombergNEF, a global third-party research provider, stated in its Q2 2022 Global PV Market Outlook that “the world’s largest module maker, LONGi, is […] off the list for Q2 2022 because it has a debt record from May 15, 2022.” The company feels it necessary to clarify the circumstances behind this perceived debt and is therefore issuing the following statement.The ‘debt record’ in question refers to a minor labour dispute between the company and an individual, which has now…
Read MoreThe Giant Gas Reserve That Could Have Eased Today’s Crisis
Argentina, home to the world’s second-largest shale gas deposit, cannot help gas-starved Europe, which is scrambling to obtain non-Russian natural gas after Russia’s invasion of Ukraine. In fact, Argentina cannot even help wean itself off its energy import dependence in the short term despite the huge resources at the Vaca Muerte shale. The development of Vaca Muerta has hit various snags over the past half-decade, from perennial economic crises to global oil and gas crises and domestic foreign exchange limitations. Moreover, Argentina has failed to advance pipeline projects to take…
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