CPEC likely to get fresh impetus

CPEC-likely

Minister for Planning and Development Ahsan Iqbal says Pakistan expects speedy progress in the second phase (2030) of the China-Pakistan Economic Corridor following visit of China’s Vice Premier He Lifeng ISLAMABAD: Minister for Planning and Development Ahsan Iqbal said on Sunday that Pakistan expects speedy progress in the second phase (2030) of the China-Pakistan Economic Corridor (CPEC) following visit of…

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140 Years of Wind Power: As the World Reaches 1 Mio MW, New Discovery Shows that the World’s First Wind Generator Was Installed in 1883

wind-power

140 Years of Wind Power: The World Reaches 1 Million Megawatt New Discovery: Austrian Engineer Josef Friedländer installed the first wind generator in Vienna already in 1883 Bonn, 31 July 2023 (WWEA) – Mankind has been making use of the power of the wind for thousands of years. The first machines driven by wind in forms of wind mills were…

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Chinese vice premier due in Pakistan on 10th anniversary of CPEC

pak-china

ISLAMABAD — Chinese vice premier is expected to travel to Pakistan on Monday, July 31 to attend 10 years of  China-Pakistan Economic Corridor (CPEC) celebrations. Sources familiar with the development, on the condition of anonymity, told Pakistan Observer that Iron Brothers Islamabad, and Beijing are celebrating the 10th anniversary of the flagship project of the Belt and Road Initiative at the end…

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Wind and solar are propping up the Texas power grid amid a brutally long heat wave

solar-panel

As Texas bakes under a sweltering heat dome this summer and people crank their air conditioners, the state’s energy demand has smashed records. But the power has stayed on and prices haven’t spiked tremendously. Thank wind and solar, energy experts say. “Renewables have been performing very well this summer, which is great,” Michael Webber, an energy expert and professor at the University…

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Economic challenges: timely actions needed

economy

The coalition government of the Pakistan Democratic Movement (PDM) is approaching completion of its tenure in the next few days. While presenting their last budget for the current fiscal year (FY 2024), the fourth-time federal finance minister, Muhammad Ishaq Dar, stated that Pakistan’s GDP growth for the year is projected to be 3.5 percent. Furthermore, the budget 2023-24 allocates approximately…

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