ISLAMABAD: Minister for Energy Awais Ahmad Khan Leghari has said that Pakistan has set clear targets to move towards clean energy. During a meeting, he shared that independent boards are being formed in power distribution companies to improve governance, bring in professional expertise, and ensure accountability. Leghari said the government has managed to cut losses … Read more
The International Energy Agency says Russia’s invasion of Ukraine is likely to hasten the global switch to cleaner energy sources. The agency’s executive director, Fatih Birol, announced this after the publication of its annual World Energy Outlook report. A cleaner, more economical, and more secure energy system is promised as a result of government responses … Read more
During a meeting with campaigners to mark Earth Day, Tibetan spiritual leader the Dalai Lama urged the public to minimize their use of fossil fuels, warning that the climate change crisis transcends national borders. The 86-year-old, who is now living in exile in India’s Dharamshala, was presented with a block of ice cut from one … Read more
KARACHI: Pakistan is facing a severe energy crisis that has affected all the sectors of the economy, with parts of the country experiencing unannounced hours long power outages on a daily basis. The country generates its power from an energy mix that includes oil, natural gas and liquefied natural gas (LNG), coal, renewable resources, including … Read more
JEDDAH: Renewable energy will make up to 95 per cent of the total global power capacity growth in the next five years, Arab News quoted the International Energy Agency, as saying. IEA executive director Fatih Birol said when it comes to renewables, solar power plays the most significant role. “Solar is the new king of … Read more
Have you ever experimented with the renewable energy? If the initial answer is negative then you might want to take a look at the new “Enomad Uno.” This mini-turbine is easy to carry on a hike or camping trip, and it will last you even if you’re off-grid. In order to generate power with it, … Read more
RIYADH: The Islamic Development Bank (IDB) is providing more than $3 billion in financing for renewable energy projects, and more than $5 billion of sustainable Sukuk have been issued in the last four years, mostly to finance green projects, Muhammad Al-Jasser, the IDB’s president, told Al Arabiya. The bank issued Sukuk worth $1.5 billion, with … Read more
RIYADH: The Saudi-Moroccan Business Council has signed four memoranda of understanding to strengthen partnership in tourism, electricity, renewable energy, logistics and food sectors, Arab News reported. The council also revealed plans to launch the “Two Kingdom’s Forum and Exhibition” in Jeddah in the first quarter of 2022. Ali Al-Yami, head of the council, said a list of … Read more
CANBERRA. The government of Australia’s Northern Territory (NT) has revealed a plan to achieve its goal of using 50 per cent renewable energy by 2030. Eva Lawler, NT’s environment minister, released a plan for transforming the NT’s largest power grid within nine years. Under the plan, more reliance on solar power and battery storage will … Read more
ISLAMABAD: The government has devised a concrete strategy to ensure access to affordable, reliable, sustainable and indigenous electricity for all by 2030. According to the three-year performance report of the government released on Thursday, it inherited multiple challenges in the power sector, including system constraints, fast rising circular debt, inefficiencies driven by corruption, theft, growing … Read more
DUBAI: A consortium led by developer ACWA Power has reached financial closure for the 1,500MW Sudair solar plant, a key project in Saudi Arabia’s renewable energy push, Arab News reported. The developer also announced that Aramco-owned Sapco has joined the consortium, marking the oil giant’s first participation in the Saudi Public Investment Fund’s renewable energy … Read more
TARBELA: Prime Minister Imran Khan said on Thursday that the government has decided to build 10 dams within 10 years with a view to averting an acute shortage of water in the country and protecting upcoming generations. “We have decided to construct 10 dams within 10 years, including Dasu and Diamer-Basha Dams. We may face … Read more
KARACHI: Zi Solar Pvt Ltd, a leading renewable energy solution provider in Pakistan, has entered into an exclusive partnership with Aeonus Co Ltd, a Korean global leader in renewable energy, to expand electric vehicles charging infrastructure, a statement said on Monday. The partnership will pave the way for the deployment of state-of-the-art Korean-manufactured electric vehicles … Read more
UNITED NATIONS: The Rockefeller Foundation and the IKEA Foundation have proclaimed to launch a $1 billion fund to increase access to renewable energy in developing countries, one of the key pledges made during a series of virtual United Nations ministerial forums this week, according to a UN statement. 50 ministers delineated their plans to decrease … Read more
KARACHI: Country’s only vertically-integrated electricity distribution company, K-Electric ventures into green as it has launched K-Solar, a renewable energy company that will enable the shift towards a greener and cleaner energy future. “K-Electric has stepped into the renewable energy space with the launch of its first-ever subsidiary. By launching K-Solar, the company has taken another … Read more
Federal Minister for Science and Technology Fawad Chaudhry has announced to switch Chingh Chi rickshaws and motorcycles to battery operated systems. According to details, ministry has announced to introduce electrical vehicles in the country. Fawad Chaudhry visited Pakistan Council of Renewable Energy Technologies (PCRET) today, where he took test drives of electrical rickshaws and motorcycles. … Read more
The prime minister chaired a high level meeting regarding the new policy being formulated on renewable energy. The meeting was attended by Minister of Economic Affairs Division Muhammad Hamad Azhar, Minister for Energy Omar Ayub Khan, Special Assistant to the PM on Energy Nadeem Babar, Special Assistant to the PM on Information Dr Firdous Ashiq … Read more
