Pakistan and Iran ink MoU for 50MW wind farm: Daily Times

KARACHI: One of the highlights of the visit of the Iranian Minister of Energy Engr Parviz Fattah was the witnessing of the signing of a MoU between Planet Energy Pvt Ltd and Sunir Co of Iran for the joint development of a 50MW wind farm in Pakistan. The MoU was signed by Chairman Planet Energy Pvt Ltd, Tariq Sayeed and the Managing Director Sunir Co Reza Ebadzadeh. As per the MoU, both companies would jointly invest in developing this wind farm. This is the significant development in the renewable energy sector, especially wind, where a foreign company has shown willingness to invest in Pakistan in present circumstances.

For more on this article, please click on the following link: Pakistan and Iran ink MoU for 50MW wind farm: Daily Times

Pump Prices Hurt Americans: WSJ

CAPITAL JOURNAL
By GERALD F. SEIB

Both presidential candidates are focusing on the economy this week, and for good reason: $4-a-gallon gasoline has Americans sliding into pocketbook shock.

But pain at the pump is only one reason energy now should be the central issue of this year's campaign. Here's the other, more insidious one: High oil prices are shredding America's financial independence and producing a massive transfer of wealth from U.S. pocketbooks into the hands of suspect actors around the world, including Iran, Venezuela and Russia.

The U.S., in other words, now has an energy problem that is not only draining the bank accounts of its own citizens, but filling up the bank accounts of some who work against American interests around the globe. It's hard to imagine an issue that more deserves campaign prominence.

For more on this article, please click on the following link: Pump Prices Hurt Americans: WSJ