KARACHI: Pakistan is set to increase the share of hydropower production in the total energy mix by adding a new project of over 700 megawatts in Azad Jammu and Kashmir (AJK) through foreign financing at an estimated cost of $1.51 billion by 2022. Authorities have sought an import tariff at Rs8.05 per kilowatts (US cents …
Pakistan announces $1.5b hydropower project in AJK Read More »
It’s been an interesting year for mergers and acquisitions in the distributed energy space, with some unexpected developments. We haven’t seen the same massive M&A deals of years past, such as GE’s purchase of Alstom or Honeywell’s acquisition of Elster — although Tuesday’s announcement that smart metering and utility software provider Aclara was being sold …
Was 2017 the Year Global Energy Giants Went All-In on the Distributed Energy Revolution? Read More »
As costs for renewable energy projects drop and policies and resilience demands increase, capacity for wind and solar PV continues to rise across all regions and market segments, according to a new report from Navigant Research. This uptick in large-scale additions of variable forms of generation presents challenges to the electrical grid, but energy storage …
Renewable Energy Storage Market Poised For ‘Strong Growth’ Read More »
This year’s activity in energy storage could easily fill a book. While a lot of attention was focused on California, a state that has done more to nurture storage than any other region, there was plenty of action in Asia, Europe and Australia. Tesla focused most of its attention on Australia in the second half …
Stories That Defined the Global Energy Storage Market in 2017 Read More »
Government is moving towards the age of digitization and has launched several new initiatives to make life easy of citizens of Pakistan. Among other initiatives, Government of Pakistan has launched many Apps such as women safety app, Harassment apps etc. Recently keeping in view shrinking demand- supply gap, Government Launches Roshan Pakistan App for Electricity …
Government Launches Roshan Pakistan App for Electricity Consumer Read More »
ESS Inc, among several companies looking to commercialise a flow battery energy storage technology, has netted US$13 million in a Series B funding round from investors that include global chemical company BASF. Portland, Oregon-headquartered ESS Inc. said on Tuesday that it has persuaded a mix of new and existing investors to contribute to the funding. …
BASF among investors putting US$13m into flow battery maker ESS Inc. Read More »
We reported recently on the closure of a gas turbine electric power facility in Norway. The turbine for that plant was built by Siemens, but gas turbines have been big business for General Electric over the past decades as well. Two years ago, GE spent $10 billion to purchase the assets of Alstom, a global …
GE Cutting 12,000 Electric Power Industry Jobs Worldwide Read More »
The communications industry could use 20% of all the world’s electricity by 2025, hampering attempts to meet climate change targets and straining grids as demand by power-hungry server farms storing digital data from billions of smartphones, tablets and internet-connected devices grows exponentially. The industry has long argued that it can considerably reduce carbon emissions by …
‘Tsunami of data’ could consume one fifth of global electricity by 2025 Read More »
Pakistan is aiming to add 5,770 megawatts of electricity to its national grid by 2018 as the country is struggles to overcome chronical energy shortages which has hampered growth and forced many factories to close. The South Asia’s second biggest economy after India currently produces about 15,886 MW against the demand of 19,500 MW, leaving …
Pakistan to add 5,770 MW electricity by March-2018 Read More »
