Day: July 21, 2023

LONGi maintains AAA status for 14th consecutive quarter in PV ModuleTech bankability rankings

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LONGi-maintains

Xi’an, China, July 21, 2023 – LONGi, the world’s leading solar technology company, is delighted to announce that it has once again been ranked in the highest AAA category in PV-Tech’s PV ModuleTech bankability report for Q2 2023. This is the 14th consecutive quarter for the company to achieve this ranking, underlining its outstanding performance in terms of high-quality products and services, combined with financial strength and stability. The AAA rating serves as recognition and affirmation of the overall strength of the company within the industry. Manufacturers are fully analysed and…

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GoodWe Launches 100kW Hybrid and Retrofit Battery Inverters for C&I Energy Storage Applications

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GoodWe-Launches

GoodWe, a world-leading inverter manufacturer and energy storage solutions provider, has expanded its C&I energy storage solutions portfolio with two new additions: the ETC 100kW hybrid inverter and the BTC 100kW retrofit battery inverter, both of which can be coupled with GoodWe high-voltage battery system Lynx C (101kWh – 156kWh). With a proven track record and extensive experience in the solar industry, GoodWe has been deepening its expertise in the C&I energy storage sector to meet growing demand. Building on the success of the ETC/BTC50kW series, the new ETC/BTC 100kW…

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Pakistan phasing out imported fuels from power generation mix

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power-generation

KARACHI: Pakistan is gradually reducing its reliance on imported fuels to address the main cause of depleting foreign reserves, with May numbers showing a significant decline in the share of furnace oil in the energy mix. The country is currently grappling with a historic financial crisis as its foreign reserves dwindle, leaving only enough to cover one month’s worth of import bills. According to NEPRA’s Indicative Generation Capacity Expansion Plan (IGCEP) 2022-31, the share of furnace oil (FO) in the energy mix significantly decreased in May. In the 11 months…

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Discos allowed to charge Rs25bn more for May

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power-tariff

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Thursday notified about Rs1.90 per unit additional fuel cost adjustment (FCA) in power tariff for ex-Wapda distribution companies (Discos) for May to mop up about Rs25 billion in additional funds in the current billing month. The “increase of Rs1.9039/kWh shall apply to all the consumer categories except electric vehicle charging stations (EVCS) and lifeline consumers,” Nepra said in a notification. The ex-Wapda Discos had proposed an additional FCA of Rs2.05 per unit to generate about Rs27bn in July’s bills. The regulator,…

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Rs15 radio fee may be added to electricity bills

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power-subsidy

Power consumers already paying Rs35 as TV fee will now be charged Rs50 ISLAMABAD: Amidst the ever-increasing inflation and soaring power and gas rates, the government has decided to impose an additional burden on the masses by levying an extra Rs15 as a radio fee on their monthly electricity bills. The revelation came to light during a meeting of the Senate Standing Committee on Finance and Revenue, chaired by Senator Saleem Mandviwalla at the Parliament House on Thursday. Officials from the Ministry of Finance disclosed that the federal government aims…

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