Author: Admin

MILAN: In a landmark move to accelerate Italy’s renewable energy transition, LONGi, the world’s leading solar technology company, and Chiron Energy, one of Italy’s top independent renewable energy producers, have signed a framework agreement for the supply of LONGi’s next-generation Hi-MO 9 photovoltaic modules. The partnership, covering the 2026–2027 period, marks a major milestone in advancing Italy’s clean energy and net-zero carbon ambitions. Under the agreement, LONGi will supply its high-efficiency bifacial Hi-MO 9 modules for multiple photovoltaic plants strategically located across northern and central Italy. These projects will include…

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ISLAMABAD: Pakistan and Germany have reaffirmed their commitment to advancing joint climate and energy initiatives, with Berlin announcing €114 million ($122 million) in fresh financial and technical assistance for the current fiscal year, according to Radio Pakistan. The announcement came during high-level talks in Islamabad between Muhammad Humair Karim, Secretary of the Ministry of Economic Affairs, and Christine Toetzke, Director-General at Germany’s Federal Ministry for Economic Cooperation and Development (BMZ). The new funding will support Pakistan’s priorities in climate resilience, clean energy transition, and social protection, as the country continues…

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KARACHI: The three-day “Pakistan Green and Resilient Building Conference 2025” concluded in Karachi, uniting key representatives from federal and provincial departments, private enterprises, financial institutions, and development partners to advance sustainable and climate-resilient construction practices in Pakistan. The conference focused on developing practical strategies and policy frameworks to promote energy-efficient, eco-friendly, and climate-resilient building solutions across the country. Delivering the keynote address, Aisha Moriani, Secretary, Ministry of Climate Change and Environmental Coordination, highlighted the government’s recent policy milestones, including the Pakistan Green Building Code 2023, Green Taxonomy, and Climate Risk…

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ISLAMABAD: The Central Power Purchasing Agency-Guaranteed (CPPA-G) will pay Rs 89.5 billion to the Oil and Gas Development Company Limited (OGDCL) on behalf of Uch Power Limited (UPL) and Uch Power-II (UPL-II) from the government’s circular debt (CD) financing facility, sources revealed. The payment, initially scheduled in 18 equal monthly instalments, will now be made as a lump sum, in line with recommendations from the Task Force on Power Sector Reforms established by the Prime Minister on August 4, 2024. The move aims to ease liquidity pressures on OGDCL and…

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