Partnership to sustainably harness energy potential in real estate portfolios Berlin, September 11th, 2026 – Saxovent Renewables GmbH & Co. KG and HIH Real Estate GmbH are combining their expertise to expand the use of renewable energy in real estate portfolios. Together, they will analyze, develop, and implement sustainable energy solutions on suitable existing properties. The partnership will identify untapped potential in existing properties and use it to develop energy solutions that remain economically viable over the long term. In particular, the partners will examine roof areas and existing infrastructure to determine…
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ISMO begins work on new 10-year power generation plan as previous plan awaits approval
The Independent System and Market Operator (ISMO) has initiated work on the Indicative Generation Capacity Expansion Plan (IGCEP) 2027, seeking project-specific data from provinces and other relevant entities by September 14, 2026. Business Recorder reported that the new plan will cover a 10-year planning horizon from 2027 to 2037 and comes despite the IGCEP 2025-35 still awaiting formal notification by the National Electric Power Regulatory Authority (Nepra). ISMO has sought data on existing and potential thermal, hydropower, renewable and hybrid power plants, including projects based on emerging and new technologies. “This…
Read MoreRefining Industry Warns Fuel Pricing Changes Could Threaten Billions in Upgrades
ISLAMABAD: Pakistan’s latest moves to revise the petroleum pricing mechanism have triggered concern in the refining industry, with executives warning that repeated changes to refinery economics could weaken cash flows, undermine investor confidence and jeopardise billions of dollars in planned modernisation projects. Sources familiar with the proceedings said KPMG proposed at a September 2 Pricing Committee meeting to further reduce the high-speed diesel (HSD) crack-spread cap, currently around $41.8 per barrel. The proposal has raised concerns among refiners, particularly because the government has already modified various elements of the petroleum…
Read MoreKARACHI PORT TRUST COLLECTS OVER 34 TONNES OF MARINE DEBRIS DURING WEEKLY CLEAN-UP DRIVE
Karachi, 5 September 2026: Karachi Port Trust (KPT) continued its commitment to maintaining a clean, safe and environmentally sustainable harbour by collecting 34,650 kilograms of floating marine debris during its weekly clean-up operations conducted from 29 August to 4 September 2026. The clean-up campaign was carried out by the Marine Pollution Control Department (MPCD), KPT, at key harbour locations including East Wharf, West Wharf, Oil Piers and Boat Basin Jetty. As part of the systematic operation, 51 boat deployments were carried out, with 159 personnel actively participating in the collection…
Read MoreIran Rejects Trump’s New Economic Sanctions, Calls Them Distraction from US Crisis
Iran Rejects Trump’s New Economic Sanctions, Calls Them Distraction from US Crisis TEHRAN: Iran has rejected new economic measures announced by US President Donald Trump, accusing Washington of using increased economic pressure against Tehran to divert attention from its own financial challenges. Iranian Foreign Minister Abbas Araghchi said on social media platform X that Trump’s so-called “Economic D-Day” was an attempt to shift attention away from the United States’ domestic crisis, record debt and rising interest costs. Araghchi described US economic policies as a threat to the global economy and…
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