LONDON: Oil prices rebounded on Monday despite lingering fears over a potential global trade war after U.S. President Donald Trump’s latest tariff plans, this time targeting steel and aluminium. Brent crude futures were up $1.05, or 1.4%, at $75.71 a barrel by 1301 GMT. U.S. West Texas Intermediate crude added 1.5%, also rising $1.05 to $72.05. Monday’s gains could be…
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ISLAMABAD: Khyber Pakhtunkhwa Governor Faisal Karim Kundi has emphasized that solar energy is the most viable solution to Pakistan’s worsening electricity crisis. Speaking at the “Knox Mega Minds-2025” event as the chief guest, Kundi highlighted the country’s accelerated shift toward solar power. He praised Knox Solar for its contributions to renewable energy and commended its management for successfully organizing the…
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BEIJING, Feb 10 (Reuters): China’s top economic planning agency has announced plans to roll back subsidies for renewable energy projects following a record-breaking surge in solar and wind power installations. In 2024, China’s installed solar capacity grew by an unprecedented 45%, pushing the nation’s total solar power capacity to nearly 887 GW—more than six times that of the United States,…
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NEW DELHI: India has achieved a significant renewable energy milestone, surpassing 100 GW of installed solar capacity as of January 31, 2025. This achievement marks a crucial step toward the country’s ambitious goal of 500 GW of non-fossil fuel-based energy by 2030. According to official data, India’s total solar capacity now stands at 100.33 GW, with an additional 84.10 GW…
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ISLAMABAD: Charge d’affaires of the Chinese Embassy, Shi Yuanqiang, emphasized that mutually beneficial projects across various sectors will further solidify the China-Pakistan strategic partnership. Speaking at a Chinese New Year celebration event, he noted that high-quality cooperation has strengthened bilateral relations, providing a strong foundation for their continued development. He highlighted the frequent high-level exchanges in 2024, including successful visits…
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Growatt New Energy, a globally recognized leader in distributed energy solutions, will participate in the 2025 Solar Exhibition in Lahore, Pakistan on February 20, 2025. At this event, Growatt will showcase its cutting-edge energy storage system products at Booth B-2-01, including the SPM, SPE, and WIT series, designed to meet diverse energy needs through advanced innovation. SPM/SPH Series: IP65 Single-Phase…
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ISLAMABAD: Prime Minister Shehbaz Sharif will undertake a two-day official visit to the United Arab Emirates (UAE) from February 10-11 to participate in the World Governments Summit (WGS) in Dubai. Invited by UAE Vice President, Prime Minister, and Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, the premier will join global leaders, policymakers, and business figures to discuss governance,…
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ISLAMABAD: Prime Minister Shehbaz Sharif has assured that electricity tariffs will be further reduced for both domestic consumers and industries as part of ongoing reforms in the power sector. Chairing a review meeting on the energy sector, the prime minister expressed satisfaction over the progress of power sector reforms, stating that they are yielding positive results. He reaffirmed the government’s…
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ISLAMABAD: UNICEF has appointed Zunaira Qayyum Baloch, a 14-year-old climate activist from Hub, Balochistan, as its Youth Advocate for Climate Action and Girls’ Empowerment in Pakistan. Zunaira, a passionate advocate for climate action and child rights, has represented Pakistan’s youth on national and global platforms, including COP29. The announcement was made at the Dawn Media Breathe Pakistan Climate Conference, highlighting…
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