India Set to Add Record 35 GW of Solar and Wind Capacity by March 2025

Wind-Solar

India is poised to connect a record 35 gigawatts (GW) of solar and wind energy capacity to its grid by the end of March 2025, as the country accelerates efforts to meet its 2030 clean energy targets. This comes after falling short of a key renewable energy milestone in 2022. Bhupinder Singh Bhalla, India’s top renewable energy official, revealed that the nation expects to add 30 GW of solar capacity and 5 GW of wind capacity in the current fiscal year. India, the third-largest solar power producer globally, aims to…

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Gunvor Group Eyes Investment in Pakistan’s Petroleum Sector

Shehbaz-Sharif

Agreement Signed with Total Parco for 50% Stake, Says Chairman ISLAMABAD: Gunvor Group Chairman Torbjorn Tornqvist, alongside Total Energies Vice President Mehmet Celepoglu, met with Prime Minister Shehbaz Sharif on Monday to discuss investment opportunities in Pakistan’s energy sector. During the meeting, PM Sharif emphasized that Pakistan’s economy had stabilized and was on a growth trajectory. He outlined ongoing reforms to encourage investment and business activity, noting that these measures were already yielding positive outcomes. The prime minister also reiterated the government’s commitment to removing barriers to foreign investment. Tornqvist…

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Solis Celebrates 100GW Cumulative Shipments with Record 13.3GW in First Half of 2024

New-Solis

Ningbo, China – September 6, 2024 – Solis, a global leader in solar inverter technology, proudly announces that it has surpassed the 100GW mark in cumulative shipments. This significant milestone underscores Solis’ commitment to driving innovation and excellence in the renewable energy sector. Established in 2005, Solis has rapidly ascended to become one of the world’s foremost manufacturers of solar inverters. As the third-largest PV inverter manufacturer globally, Solis has maintained a strong presence in the industry through its dedication to quality and customer satisfaction. The company, a subsidiary of…

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Government Enforces Essential Services Act to Prevent Protests Against Power Companies’ Privatization

Power-Projects

ISLAMABAD: The federal government has devised a plan to prevent protests against the privatization of electricity distribution companies. The Essential Services Act has been enforced for all employees and unions of government-owned power distribution companies (DISCOs), the National Transmission and Dispatch Company (NTDC), and government-owned power generation companies (GENCOs). Under the Essential Services Act, protests, strikes, and demonstrations are strictly prohibited. According to government sources, the act has been implemented for six months following approval from the federal cabinet, based on recommendations from the Power Division and the Ministry of…

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