Growatt Propels Pakistan’s Transition to Renewables Through a 120MW Package Deal with NMC Group

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This 120 MW deal helps to provide the most reliable and advanced string inverters for local users in Pakistan, which will undoubtedly strengthen the company’s leading position in Pakistan’s renewable energy industry. Growatt will supply the three-phase residential inverter MOD 3-15KTL3-X from its latest innovation, the Generation X series. The inverter features sleek and compact design as well as smart,…

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Lucky Cement Limited Announces 34 MW Solar Power Project and 5.589 MWh Reflex Energy Storage

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The project was announced in partnership with Reon Energy Pakistan’s leading Solar and Storage Solutions Specialist•The project is set to be installed at Lucky Cement’s Pezu plant in Khyber Pakhtunkhwa.•The project will cut around 29,569 Tonnes of CO2 equivalent emissions annually. Pakistan – Karachi, March 31, 2022: Lucky Cement Limited and Reon Energy today announced a 34 MW captive solar…

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AJK govt, Nepra sign MoU to address environmental issues

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The Azad Jammu and Kashmir (AJK) government and National Electric Power Regulatory Authority (Nepra) on Friday signed a Memorandum of Understanding (MoU) on the use of community infrastructure programmes and corporate social responsibility belt (CSR) funds. The signing ceremony was held here at Kashmir House. Prime Minister of Azad Jammu and Kashmir Sardar Abdul Qayyum Niazi, Nepra Chairman Tauseef H.…

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Is Uganda Ready For An Oil Boom?

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Uganda is aiming to become a crude oil exporter as the Uganda National Oil Company solidifies plans for a large oil field and pipeline project this year. This builds upon efforts by the government to attract greater foreign investment to the oil and gas sector. In addition, the development of a 60,000 bpd refinery will boost the country’s output. However,…

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Geopolitics of the Energy Transformation: The Hydrogen Factor

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As countries around the world rally behind net zero targets, hydrogen is increasingly seen as a missing piece of the energy transformation puzzle to decarbonise harder-to-abate sectors. The possible pathway on which hydrogen might evolve still involves many uncertainties. With the growing momentum to establish a global hydrogen market comes the need for a deeper understanding of its broader effects,…

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Work on thousands of solar power projects across Pakistan halted 

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Work on thousands of industrial, agricultural and residential solar power projects has been halted across Pakistan following the withdrawal of exemption from 17 percent sales tax and 3 percent additional sales tax on import of solar power equipment announced recently in mini-budget.  https://www.facebook.com/v2.9/plugins/quote.php?app_id=106170627023&channel=https%3A%2F%2Fstaticxx.facebook.com%2Fx%2Fconnect%2Fxd_arbiter%2F%3Fversion%3D46%23cb%3Df30576813a26468%26domain%3Dnation.com.pk%26is_canvas%3Dfalse%26origin%3Dhttps%253A%252F%252Fnation.com.pk%252Ff35811bb969a358%26relation%3Dparent.parent&container_width=779&href=https%3A%2F%2Fnation.com.pk%2F29-Jan-2022%2Fwork-on-thousands-of-solar-power-projects-across-pakistan-halted&locale=en_US&sdk=joey This was stated by Pakistan Solar Association founder and former chairman Muhammad Farhan in a meeting with…

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Oil Prices Could Reach $100 This Year. It’s Bad for Oil Producers, Too.

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Talk of $100-a-barrel oil has intensified in recent days, but triple-digit prices may pose a disadvantage for major oil-producing nations that are set to meet next week to decide the best course of action on production levels. “It isn’t in OPEC+’s best interest to see prices go through $90 [a barrel] this year and move higher,” says Bob Ryan, chief…

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Oil hits 7-year high of $90/bbl

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NEW YORK: Oil touched $90 a barrel for the first time in seven years on Wednesday, supported by tight supply and rising political tensions in Europe and the Middle East that raised concerns about further disruption in an already-tight market, Reuters reported. Brent crude rose $1.67, or 1.9 percent, to $89.87, after hitting $90.02, the first time the global benchmark…

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NTDC head office to be shifted to Islamabad

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The Head Office of the National Transmission and Despatch Company (NTDC) will be shifted to Islamabad from Lahore in phases. According to a decision taken by the public sector power transmission utility, the Liaison Office of Managing Director, NTDC, will be shifted to Islamabad by April 30, 2022. In the second phase, the offices of Deputy Managing Director, Asset Development…

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