In the 2022 Fortune China 500 list released on July 12, LONGi Green Energy Technology Co., Ltd. (LONGi) ranked 168th, up 42 places from the 2021 ranking. LONGi has been in the Fortune China 500 list for six consecutive years, rising significantly from 495th to 168th position since its first inclusion in 2017. The Fortune China 500 list takes into account the performance and achievements…
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LONGi’s Hi-MO 5 modules, based on 182mm cells, have now been delivered to clients in 94 countries, with total shipments exceeding 30GW and the company’s design philosophy validated by the product’s popularity with customers. Hi-MO 5 modules are not only ideal for utility-scale power plants, but are also widely applicable for the DG market. In depth analysis suggests that Hi-MO…
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Crude oil prices rose today after the Energy Information Administration reported a crude oil inventory draw of 4.5 million barrels for the week to July 22. This compared with a modest inventory decline of 400,000 barrels for the previous week. It also compared with an estimated crude oil inventory draw of 4 million barrels for last week, as reported by…
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As regulated entities, no Distribution Company including K-Electric holds any authority to levy or remove taxes. While it is common knowledge on who has this authority, certain elements seem to be regrettably misleading the traders’ community due to their vested interest in the matter. Approaching the correct forums could have resulted in more productive outcomes on the matter.” Spokesperson K-Electric…
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WAPDA has projected an increase of 20 percent in revenue requirement for the FY2022-23, as it has sought NEPRA approval for hike in tariff for bulk supply of power from its hydle power stations.In its tariff petition, for revision of tariff for 2022-23 for sale of bulk supply of power from WAPDA hydle power stations, WAPDA has requested NEPRA for…
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Prime Minister Shehbaz Sharif on Wednesday said that the present government was making rapid progress to complete the Thar Coal Power Project by the first quarter of 2023 for which as many as 7,000 local people have been employed. The prime minister was talking during a meeting with a Chinese delegation led by the president of Shanghai Electric, Liu Ping.…
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In a major development, exports have been set in motion for the first time in the Gwadar Free Zone in the backdrop of exemption from all sorts of taxes and customs duties for a period of 20 years. Along with exports to foreign countries, the Gwadar Free Zone (GFZ) – both south and north – has also kick-started supply of…
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Foolproof security for Chinese nationals and clearance of over Rs250 billion worth of outstanding energy payments remain the key bottlenecks in the way of putting the China-Pakistan Economic Corridor (CPEC) project on a fast track, as the government seeks to hold the strategic planning committee meeting next month. Diplomatic and government sources said Pakistan would have to come up with…
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The “2022 China’s 500 Most Valuable Brands” list, compiled by World Brand Lab, was released recently. Sungrow is on the list with a brand value of 61.586 billion RMB, a year-over-year increase of 40%, demonstrating a robust competitive strength and global influence. World Brand Lab is an international brand value research institute owned by World Executive Group, the world’s leading…
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