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Month: January 2024

Game-changing solar power technology to get first US installation: ‘Valuable land is almost completely preserved’

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Solar-Project

If you haven’t heard of vertical agrivoltaics systems, that’s probably because it’s such a new technology that many countries, including the United States, don’t have any farms using it yet. That’s set to change, at least for the U.S., however, as the first-ever vertical agrivoltaics system is about to be built in Vermont. An agrivoltaics system uses solar panels installed on farmland so the…

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Groundbreaking solar panels are 1000x more powerful than traditional panels

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solar-panels

Researchers at Martin Luther University Halle-Wittenberg (MLU) have discovered a new method to increase the efficiency of solar cells by a factor of 1,000. The team of scientists achieved this breakthrough by creating crystalline layers of barium titanate, strontium titanate, and calcium titanate, which were alternately placed on top of one another in a lattice structure. Their findings, which could…

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NEECA green hydrogen study reveals clean fuel potential for Pakistan

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green-hydrogen

ISLAMABAD: The National Energy Efficiency and Conservation Authority (NEECA) has released a pre-feasibility study on green hydrogen energy, aiming to unlock the vast potential of the clean fuel and pave the way for a more sustainable energy future. The study, conducted in collaboration with international experts, analyzed 13 value chain cases for hydrogen production, storage, and utilization, and identified the…

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SIFC takes notice of JJVL closure

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LPG-Air-Mix-Plant

ISLAMABAD: In a new development, Special Investment Facilitation Council (SIFC) has taken the notice of closure of the Jamshoro Joint Venture Limited (JJVL) LPG-NGL extraction plant since June 2020 and directed the Petroleum Division to help resolve the disputes between the plant management and Sui Southern authorities. The plant can be used as an import substitution industry against LPG import…

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Gwadar coal-fired project: Inter-ministerial committee formed to review progress

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cpec

ISLAMABAD: The government is said to have constituted an inter-ministerial committee to review the progress of the 300 MW coal fired project at Gwadar and suggest a way forward to expedite the project or suggest an alternative source of power supply to Gwadar area if Chinese company fails to renew Performance Guarantee (PG) by March 21, 2024, well-informed sources told Business…

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Energy sector: Circular debt jumps to over Rs5.725trn

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Power-generation

ISLAMABAD: Pakistan’s energy sector circular debt has jumped to Rs 5.725 trillion as of November 2023, of which share of power sector stood at Rs 2.703 trillion whereas contribution of gas sector at Rs 3.022 trillion, sources close to caretaker Minister for Power and Petroleum told Business Recorder. The caretaker minister has prepared an innovative plan to reduce circular debt of…

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Ban on plastic bags being enforced across Sindh, claim officials

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plastic-bags

They said Sepa’s regional and district officers visited markets and bazaars to reprimand vendors dealing in banned plastic bags On the directives of caretaker environment minister Arshad Wali Muhammad, the Sindh Environmental Protection Agency (Sepa) has started implementing the ban on non-degradable plastic bags in the province, while action is also being taken against hospitals violating environmental laws, officials said…

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Pakistan, Dubai ink $3 billion pacts at Davos

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Pakistan-Dubai

ISLAMABAD: Pakistan and Dubai on Thursday inked two agreements worth over $3 billion on cooperation in railways, economic zones and infrastructure projects. According to an official press release, the inter-governmental framework agreements were signed to strengthen relations in the marine and logistics sectors, including the establishment of a dedicated freight corridor and economic zone near Karachi. “The rail-based dedicated freight…

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