Category: Latest News

PARIS: US Energy Secretary Chris Wright gave the International Energy Agency on Thursday a one-year deadline to scrap its support of goals to reduce energy emissions to net zero or risk losing the United States as a member.European countries played down the threat at the agency’s biennial meeting and restated their commitment to pursuing cleaner fuel.In 2015 the US and nearly 200 other countries signed the Paris Accords, an international pledge to limit global warming by burning less oil, gas and coal, with a goal of reaching net zero greenhouse…

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LONDON: The solar panel industry is speeding up its shift away from silver, a costly key component, as prices surge 130% over the past year, pinching margins amid China’s production glut. “Silver is the biggest contributor to rising solar panel costs,” said JK Renewables’ Derek Schnee, noting panel prices jumped 7-15% in 12 months. Silver paste accounts for 30% of solar cell costs. With prices peaking at $121.64/ounce in January, manufacturers are hunting alternatives like copper ($77/ounce now). LONGi Green Energy is advancing copper tech, eyeing April-June mass production. “Leading…

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ISLAMABAD: Pakistan has reiterated that the Indus Waters Treaty (IWT) with India remains fully operational, a stance endorsed by the Hague-based Court of Arbitration (CoA). This comes after India claimed the treaty was put in abeyance. Secretary Ministry of Water Resources Syed Ali Murtaza stated that Pakistan’s position has been supported by the CoA, which affirms the treaty’s effectiveness and India’s obligations. The treaty covers hydropower matters, with the Indus Water Commission currently operating under an additional charge due to a vacant commissioner post. The Senate Standing Committee on Water…

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