Saudi Arabia, the world’s largest oil exporter, has inaugurated its first carbon credit exchange platform during COP29 in Baku, aiming to bolster its decarbonization efforts and diversify its economy.
Saudi Arabia, the world’s largest oil exporter, has inaugurated its first carbon credit exchange platform during COP29 in Baku, aiming to bolster its decarbonization efforts and diversify its economy.
The Pakistani government is terminating power purchase agreements with five independent power producers, including Hub Power Company Ltd, as part of reforms to reduce energy costs and meet the IMF’s requirements. Savings of 411 billion Pakistani rupees are expected.
The Pakistani government is terminating power purchase agreements with five independent power producers, including Hub Power Company Ltd, as part of reforms to reduce energy costs and meet the IMF’s requirements. Savings of 411 billion Pakistani rupees are expected.
JCM Power has won a 240 MW hybrid wind-solar project in Pakistan at a price of $0.031/kWh.
This project strengthens K-Electric's power grid capacity, supporting the country's energy transition.
JCM Power has won a 240 MW hybrid wind-solar project in Pakistan at a price of $0.031/kWh.
This project strengthens K-Electric's power grid capacity, supporting the country's energy transition.
Afghanistan launches construction of the TAPI gas pipeline, a USD 10 billion project linking Turkmenistan, Pakistan and India to transport natural gas over 1,800 km.
Afghanistan launches construction of the TAPI gas pipeline, a USD 10 billion project linking Turkmenistan, Pakistan and India to transport natural gas over 1,800 km.
Pakistan is holding talks with independent power producers to revise contracts deemed unsustainable, in the face of an economic crisis exacerbated by high energy costs.
Pakistan is holding talks with independent power producers to revise contracts deemed unsustainable, in the face of an economic crisis exacerbated by high energy costs.
BloombergNEF forecasts 592 GW of solar installations by 2024, marking 33% growth.
However, overcapacity and low prices are creating pressure on the supply chain.
BloombergNEF forecasts 592 GW of solar installations by 2024, marking 33% growth.
However, overcapacity and low prices are creating pressure on the supply chain.
China outperforms France in nuclear construction costs, thanks to optimized mass production and robust state financing, significantly reducing expenditure.
China outperforms France in nuclear construction costs, thanks to optimized mass production and robust state financing, significantly reducing expenditure.
BYD, China's leading electric vehicle manufacturer, joins forces with Mega Motors to open a plant in Karachi, aiming to transform Pakistan's automotive landscape.
BYD, China's leading electric vehicle manufacturer, joins forces with Mega Motors to open a plant in Karachi, aiming to transform Pakistan's automotive landscape.
China exports a record 120,427 MW of solar modules in the first half of 2024, thanks to a substantial reduction in prices, despite persistent trade tensions.
China exports a record 120,427 MW of solar modules in the first half of 2024, thanks to a substantial reduction in prices, despite persistent trade tensions.