Category: Latest News

KARACHI: itel Energy has showcased its latest solar and energy storage solutions at the 22nd Solar Pakistan Expo, held from October 9 to 11 at the Expo Centre Karachi, unveiling its Gen-2 residential battery range, highlighting its strategic partnership with REPT BATTERO and announcing plans to expand into the commercial and industrial (C&I) energy storage market. The company said Pakistan’s evolving energy landscape, characterised by rising electricity tariffs and persistent power outages, is driving demand for integrated solar-plus-storage solutions for residential and commercial applications. At the exhibition, itel Energy introduced…

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KARACHI: Mian Zahid Hussain, President of the Pakistan Businessmen and Intellectuals Forum (PBIF) and All Karachi Industrial Alliance, Chairman of the National Business Group Pakistan and FPCCI Policy Advisory Board, and former Provincial IT Minister, has said that the World Bank’s October 2026 report, Middle East, North Africa, Afghanistan and Pakistan Economic Update: From Divide to Opportunity: AI, Jobs, and Growth, presents a serious warning about Pakistan’s worsening poverty situation and the need for urgent economic reforms. He said the report should prompt policymakers to reassess national development priorities, stressing…

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SYDNEY, Australia: Trinasolar, a global provider of smart solar and energy storage solutions, has been selected to supply solar panels for the first clean energy project at Western Sydney International Airport, which is preparing to open in late 2026. The project features a 4.5 MWp rooftop solar installation delivered by engineering, procurement and construction (EPC) company Smart Commercial Energy. The installation comprises 8,824 Trinasolar Vertex S+ 510W (NEG18R.28) modules, installed across the airport’s main terminal roof, both piers and covered car park walkways. The project marks a significant step towards…

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ISLAMABAD: Rising global oil prices amid the Middle East conflict are accelerating Pakistan’s transition towards electric vehicles (EVs), with the government expecting to achieve its adoption target ahead of schedule as consumers increasingly seek alternatives to petrol-powered vehicles. According to Bloomberg, Haroon Akhtar, adviser to the prime minister on industries and production, said higher fuel costs had significantly shortened the payback period for electric vehicles, making them a more attractive option for consumers. Pakistan’s EV policy, announced last year, aims to increase electric vehicles’ share of new vehicle sales to…

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ISLAMABAD: The National Assembly’s Standing Committee on Petroleum Division has called for greater transparency in fuel pricing and the petroleum levy, while reviewing government measures to mitigate the impact of rising international oil prices on domestic consumers. The committee, chaired by Syed Mustafa Mehmood, was informed that surging shipping and insurance costs, longer transportation routes and exceptionally high refining margins had significantly increased the international cost of crude oil and petroleum products. The petroleum minister told lawmakers that the government was taking steps to ensure uninterrupted fuel supplies while limiting…

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