Category: Highlights

Hydropower potential vs reality

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Hydropower

Pakistan’s total hydropower potential is estimated at 59,796MW gross, with about 41,045MW considered both technically and economically viable. However, despite this significant potential, only a fraction has been developed, with the current hydropower generation capacity at 10,635MW connected to the national grid. This includes 9,389MW managed by Wapda in the public sector, and 1,246 MW developed by Independent Power Producers (IPPs) in the private sector. Hydropower thus contributes approximately 24 per cent of Pakistan’s total installed power generation capacity of 43,835MW, representing a crucial yet underutilised resource within the country’s…

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Oil falls $2 on possible Mid-East peace deal

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Oil price

HOUSTON: Oil prices fell more $2 on Monday after multiple reports that Israel and Lebanon had agreed to the terms of a deal to end the Israel-Hezbollah conflict, citing unnamed senior U.S. officials. Brent crude futures were down $2.02, or 2.69%, at $73.15 a barrel by 9:57 a.m. CST (1557 GMT), while U.S. West Texas Intermediate crude futures were down $2.08, or 2.92%, at $69.16 a barrel. Israel said on Monday that it is moving toward a ceasefire in the war with Hezbollah but there are still issues to address,…

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Marble City reflects Sindh govt’s commitment to sustainable industrial uplift, economic growth, job creation, says Murad ShahConcession agreement signed for Marble City Karachi

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KARACHI (Nov 25): Sindh Chief Minister Syed Murad Ali Shah has said that Marble City Karachi reflects the Sindh government’s commitment to sustainable industrial development, economic growth, and job creation, signalling a brighter future for the province’s marble and granite sector. This he said while presiding over a joint meeting of Sindh Investment Dept, its subsidiary organisation – Sindh Economic Zones Management Company (SEZMC) and private partners – Kainatt Enterprises & Hassan Constructions. The meeting and signing ceremony were held at CM House and were attended by CM Special Assistant…

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WWEA Advocates for 100% Renewable Energy Strategy Beyond Tripling Targets at COP29

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Bonn/Baku— The World Wind Energy Association (WWEA) delivered a powerful call to action at the UN Climate Change Conference COP29 in Baku, urging nations to transition to a fully renewable energy future. Hosting the official side event Renewable Energy Transformation: From Tripling to 100% Renewable Energy, WWEA, in collaboration with the World Bioenergy Association (WBA) and the Confederation of Indian Industry (CII), emphasized the need for strategies surpassing the goal of tripling renewable energy capacities by 2030. WWEA highlighted the economic and societal benefits of transitioning to 100% renewable energy,…

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GoodWe Launches Global Partner Summit at New Suzhou Headquarters to Propel Clean Energy Innovation

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Suzhou, China — GoodWe, a global leader in solar inverters and energy solutions, has inaugurated its first Global Partner Summit at its newly established global headquarters in Suzhou, China. Under the theme Empowering the Future of Energy Together: Opportunities, Challenges, and Collaborations, the summit brought together 500 industry leaders from across the globe to foster collaboration, share insights on industry trends, and showcase GoodWe’s latest advancements in renewable energy technologies. In his keynote address, Daniel Huang, Founder and CEO of GoodWe, highlighted the company’s commitment to collaborative growth: “Our partners…

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