Can Afghanistan’s trillion-dollar mineral wealth power the global drive for EVs?

This week the Taliban seized control of Afghanistan for the second time in two decades giving it access to the country’s vast mineral deposits worth trillions of dollars, which are in high demand by countries such as China and essential for the production of electric vehicles amid a global pivot to clean energy. But can this wealth transform the country and help…

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Tarin dubs energy sector ‘Achilles heel’, says will take at least 5-7 years to fix issues

Finance Minister Shaukat Tarin said on Friday that he believed the energy sector to be the government’s “Achilles heel”, and it would take at least five to seven years to resolve the issues the sector was facing. Addressing businessmen at the Overseas Investors Chamber of Commerce and Industry, he said the government was trying to fix the problems the sector…

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Small scale RE systems exempted from generation license

Islamabad: Cabinet committee on energy (CCoE) on Friday approved exemption of generation license for small-scale RE-based systems up to 25 kW for net metering. CCoE approved the proposal of the Power Division for eliminating the need for generation licenses for small-scale RE-based systems (upto 25 kW) for net metering. The measure will greatly facilitate consumers who wish to install small-scale…

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China Doesn’t Need Another Coal Power Plant

Leading into COP26 climate negotiations, China announced a new goal of net-zero emissions by 2060 including reaching 1,200 gigawatts (GW) total wind and solar by 2030, more than doubling current capacity. But despite this pledge, China continues citing reliability concerns to expand its coal fleet, which risks dangerous climate change. New Lawrence Berkeley National Lab (LBNL) research shows new coal…

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Australia’s Queensland turns to hydrogen from coal, LNG

Dalrymple Bay, the second-largest coal export facility by capacity in Australia’s Queensland state, is targeting to become an export hub for green hydrogen, after owner DBI Group signed an agreement with North Queensland Bulk Ports, Japanese trading house Itochu and US infrastructure fund Brookfield Group. The deal for now will look at potential options to export through Dalrymple Bay green…

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Saudi Aramco joins local 1.5 GW solar project with a 30% stake in renewables push

Saudi Aramco is investing, alongside the country’s sovereign wealth fund and Riyadh-based ACWA Power, in the oil exporter’s largest solar project with a capacity of 1.5 GW as the world’s biggest energy company makes a push into renewables. The Saudi Aramco Power Co., a unit of the parent company, has joined ACWA Power and the Water & Electricity Holding Co.,…

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