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Solar Energy is Pakistan’s Best Hope for Overcoming Power Crisis: Kundi

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New-Solar

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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China to Scale Back Clean Energy Subsidies After Record Solar Boom

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soalr energy

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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India Surpasses 100 GW Solar Milestone, Paving Way for Green Energy Future

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India-Project

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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Chinese Envoy Highlights Strengthening Ties Through Mutually Beneficial Cooperation

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china-pak

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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PM Shehbaz Vows Further Reduction in Power Tariffs

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Power-sector

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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Zunaira Baloch Appointed UNICEF Youth Climate Advocate

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Zunaira-Qayyum

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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Aman-25 Maritime Drills Begin, Strengthening Regional Cooperation

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Aman-25

KARACHI: The ninth Multinational Maritime Exercise Aman-25 commenced on Friday with a grand flag-hoisting ceremony at the Pakistan Navy Dockyard, where flags of 60 participating nations fluttered against the scenic seafront. The biennial exercise, a symbol of global maritime collaboration since its inception in 2007, aims to foster a secure and stable maritime environment. A message from Chief of Naval…

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PV-Powered EVs Can Extend Range by 30%, Study Finds

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electric-vehicles

Researchers from Germany and the Netherlands have demonstrated that integrating photovoltaic (PV) modules into light commercial electric vehicles (EVs) can increase driving range by up to 30%. Their findings, based on a four-month study, were recently published in Progress in Photovoltaics. The research involved mounting PV panels on a StreetScooter Work L EV and analyzing its energy performance during daily…

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Global LCOE of Grid-Scale Solar to Drop 2% in 2025: Bloomberg NEF

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soalr energy

A new report from BloombergNEF forecasts a continued decline in the levelized cost of electricity (LCOE) for grid-scale solar and battery energy storage globally in 2025. LCOE, a key metric for comparing energy technologies, measures the lifetime cost of a power plant divided by its total energy production. According to the report, the LCOE for fixed-axis utility-scale solar projects is…

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Barrick’s Gold Reserves Surge with Reko Diq Expansion

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Reko-Diq

BENGALURU: Canadian mining giant Barrick Gold reported a 23% increase in its proven and probable gold reserves, reaching 17.4 million ounces by the end of 2024. The surge was primarily driven by the company’s Reko Diq copper-gold project in Pakistan. Following the completion of its feasibility study at Reko Diq, Barrick added 13 million ounces of gold to its probable…

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