LONDON, (Reuters) –The global solar industry has achieved a new milestone, reaching 2 terawatts (TW) of installed capacity, with more solar power added in the past two years than in the previous 68 combined, according to exclusive data shared by the Global Solar Council. This updated figure, which includes often-overlooked small rooftop installations, offers the most comprehensive view of solar…
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ISLAMABAD: In a relief measure for Pakistan’s energy sector, Qatar has agreed to postpone five LNG shipments from 2025 to 2026, addressing Pakistan’s current oversupply situation. This deferral, secured under a flexible clause within Pakistan’s two government-to-government (G2G) agreements with Qatar, follows a request made by Prime Minister Shehbaz Sharif during his recent visit to Doha, confirmed a senior Ministry…
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ISLAMABAD: M/s Sapphire Electric Company Limited (SECL) has raised concerns over what it claims to be the fourth instance of forced renegotiations of sovereign power contracts. The company’s CEO, Shahid Abdullah, suggested in a letter to Prime Minister Shehbaz Sharif that SECL would be willing to terminate its contract and forgo capacity payments if the government accepts its proposals. In…
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ISLAMABAD: Dr. Raja Ali Raza Anwar, Chairman of the Pakistan Atomic Energy Commission (PAEC), led Pakistan’s delegation at the inaugural ministerial meeting of the IAEA’s World Fusion Energy Group (WFEG) in Rome. During the meeting, Dr. Anwar highlighted Pakistan’s contributions to fusion energy research, sharing details of the country’s development of a glass and two metallic Tokamaks as part of…
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Industrial Leaders Warn of Factory Shutdowns, Mass Unemployment as January Gas Suspension Approaches KARACHI: Industrial leaders have issued a stark warning to the government over its plan to cut off gas supply to captive power plants (CPPs) by January 1, 2025. The proposed suspension could potentially shutter more than 1,300 factories and threaten over three million jobs, creating a severe…
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