Category: Highlights

20 Years Strong: Solis Celebrates Anniversary with Major Launches at Intersolar

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Solis-125KW

Munich, Germany – Solis, one of the largest and most experienced inverter manufacturers globally, is set to mark its 20th anniversary with one of its most significant showcases to date at Intersolar Europe 2025 — unveiling the world’s largest wall-mounted hybrid inverter and a revolutionary AI-powered smart assistant for solar energy management.Founded in 2005, Solis has grown from humble beginnings in Ningbo, China into an industry leader, and remains led today by its founder, Jimmy Wang. With over 100GW of inverter shipments worldwide and a presence in more than 100…

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Govt removes Rs 22 ceiling in tariff offered to charging stations to cover operating costs as major boost to EV sector

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New-Project2

Islamabad: The federal government has set a reduced base tariff of Rs 39.70 per unit for electricity used at electric vehicle (EV) charging stations, while allowing their operators the flexibility to add additional charges, without any ceiling, to cover operational costs. The Managing Director of the National Energy Efficiency & Conservation Authority (NEECA), Dr Sardar Mohazzam, disclosed this while speaking as the keynote speaker at the 5th meeting of the Central Standing Committee of the FPCCI on Energy. He said that the earlier Rs 70 per unit tariff applied to…

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Oil set for weekly fall amid supply pressure, tariff uncertainty

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Oil falls

LONDON: Oil prices fell on Friday and were set for a weekly decline of over 3% on the back of oversupply concerns and uncertainty around tariff talks between the United States and China. Brent crude futures were down 82 cents to $65.73 a barrel at 1215 GMT, falling 3.3% over the week. U.S. West Texas Intermediate crude was down 81 cents to $61.98 a barrel, a decline of 4.2% for the week. “… Prices are down as concerns over oversupply from OPEC+ persist, while the demand outlook remains uncertain amid…

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Iran, Russia agree on 55 bcm of gas supplies, nuclear plant funding

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Nuclear-Power

MOSCOW: Moscow and Tehran have reached a deal on 55 billion cubic metres of Russian gas supplies a year, though prices are yet to be agreed, while Russia also pledged to fund construction of a new nuclear power plant in Iran, officials said on Friday. The preliminary agreements came as the United States is looking to isolate Iran from the rest of the world unless Tehran agrees to a new deal for inspections of its nuclear facilities. Russia has deepened ties with Iran since the start of the military conflict…

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Global LNG: Asian spot prices hold at 1-year low as demand remains tepid

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LNG

SINGAPORE: Prices of Asian spot liquefied natural gas (LNG) inched up this week amid production outages in Asia and Europe, but were still hovering at nearly one-year lows on overall tepid demand. The average LNG price for June delivery into north-east Asia was at $11.80 per million British thermal units (mmBtu), estimated industry sources, up from $11.50/mmBtu last week which were its lowest levels since mid-May. There are limited buyers for prompt cargoes, with Chinese and Indian importers taking a back seat as prices are above $11.00/mmBtu, said Argus head…

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