IRENA Report: Asia Leads Renewables Boom as Global Divide Widens

Abu Dhabi, July 2025 – The global renewable energy sector witnessed record-breaking growth in 2024, but a stark regional divide threatens to undermine the equity of the green transition, according to Renewable Energy Statistics 2025 released by the International Renewable Energy Agency (IRENA). Global renewable capacity surged by over 15%, adding 582 GW in 2024. However, Asia dominated the expansion, accounting for 71% of the total increase. Europe and North America followed with 12.3% and 7.8%, respectively, while Africa, Eurasia, Central America, and the Caribbean combined for just 2.8% of…

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WWEA Small Wind Sets Global Priorities, Confirms Frits Ogg and Mike Bergey as Section Chairs

New-WWEA

Bonn, 2025 – The World Wind Energy Association (WWEA) Small Wind Section convened last week to assess the global status of small wind turbines—defined as wind systems up to 100 kW—and to chart a course forward for the sector. Despite being a technically and economically viable solution for decentralized electricity generation, small wind continues to face major hurdles worldwide. Typical users include farmers and small businesses who consume the power themselves. However, the sector is hindered by low public awareness, limited government support, and complex bureaucratic processes. In response, WWEA…

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Conference on Sindh’s Energy Diversity

Sindh’s Energy Riches Torpedoed by Policy Paralysis: Experts Demand Urgent Federal Action The Sindh Energy Diversity Conference, jointly organised by the Sindh Energy Department and Energy Update magazine, emerged as a compelling platform that strongly criticised the federal government’s policies for obstructing the full utilisation of Sindh’s immense energy resources—particularly in renewables—and called for urgent structural reforms to transform Pakistan’s energy landscape. Sindh Chief Minister Syed Murad Ali Shah, addressing the event as chief guest, delivered a powerful critique of the prevailing federal framework, which he said continuously hinders the…

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Fuel prices expected to rise for next 15 days

Petroleum prices

At the time of reporting, the proposed hike includes a Rs6.60 per litre increase in petrol and a Rs5.27 per litre rise in high-speed diesel (HSD). Conversely, the prices of kerosene and light diesel may see reductions of Rs3.74 and Rs2.23 per litre, respectively. The Oil and Gas Regulatory Authority (OGRA) has completed its work based on the latest global market trends, and a final summary will be submitted to the government by tomorrow. The oil industry has already shared its calculations with the regulator. Sources confirmed that the final…

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Oil steadies near three-week high on signs of tighter supply

Oil falls

LONDON: Oil prices steadied on Monday, holding close to their highest level in three weeks, as investors eyed further U.S. sanctions on Russia that may affect global supplies, while tariff uncertainty weighed. Brent crude futures rose 16 cents, or 0.2%, to $70.52 a barrel by 1326 GMT, while U.S. West Texas Intermediate crude futures climbed 12 cents, also 0.2%, to $68.57. Higher crude imports by China and expectations around U.S. President Donald Trump’s announcement on Russia are supporting prices, UBS analyst Giovanni Staunovo said. “There is still a perceived tightness…

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