LAHORE: Buying of liquefied natural gas (LNG) from state-owned QatarGas under the long-term agreement saved Pakistan $76 million in the last three months when compared with the current spot market rates, documents revealed on Tuesday.…
ISLAMABAD - The government on Friday decided that four independent power producers (IPPs) would produce electricity on RLNG instead of furnace oil and high-speed diesel to save billions of dollars. The Economic Coordination Committee (ECC)…
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…
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…
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…
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…
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…
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…