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On 5th November, Iberdrola announced that it has secured the step-in right for €800 million (USD 924.12 million) planned investment project in the Baltic sea, named Windanker.The project is scheduled to start operation in 2026 with majority of the output projected to be sold in the German market via renewable energy long-term power contracts.

The Windanker project will have a capacity of 300MW and €800 million (USD 924.12 million) in total investment.The project will reinforce the company's Baltic Hub in Germany which also includes the operational Wikinger offshore wind farm (350 MW) , and Baltic Eagle (476 MW), under construction.

Following a total investment of some EUR 3.5 billion, the Hub will have an installed capacity of over 1.1 GW by 2026, underpinning the company's strategic focus in the Baltic Sea.The Federal Network Agency (Bundesnetzagentur) confirmed on 4th November that the Windanker GmbH, a subsidiary of Iberdrola, has exercised its right of entry to the pre-developed site.

O-1.3.Iris Stempfle, Managing Director of Iberdrola Renovables Germany, said, “With this third offshore wind farm project in Germany, Iberdrola is underlining its commitment to Germany as one of the strategically important markets.

The realisation of Windanker on a zero-bid basis confronts us with challenges due to the special conditions in the Baltic Sea.

But until offshore wind energy is fully integrated into the market, we consider an intelligent transitional market design to be necessary.

The trade fair, congress and event organiser Messe Frankfurt announced that the future of travel is taking shape now, and will come into clear focus in Dubai next month (November) at the breakthrough Hypermotion Lab.This three day conferenc – one of a trio scheduled for the transformational Hypermotion Dubai event running at Dubai Exhibition Centre at Expo Dubai from November 2-4 – is drawing together the global disruptors who are re-envisioning how we will travel and move goods and services in the near future.The multi-national speaker platform comprises transport gurus whose combined imagination will take us to new ways of going places.

They are tearing down boundaries between logistics, mobility, infrastructure, and transport, and looking to replace them with networked, integrated, and inter-modal systems.

From DeFi Network, Crypto Hackers Stole More Than $600 Million.

This is the biggest hack ever in the decentralized finance or DeFi space till now.

Poly Network is a platform that allows users to exchange crypto tokens and has shown that heaps of buyers have been affected by this modern crypto theft.

Effective and most widely spread way to swipe digital currency from people by making them give out their access.

Hackers make it possible by using the replica of authentic websites and genuine people who want to exchange cryptocurrency.

When it comes to crypto hacks, Malware infections are still one of the elementary methods.

Local, national, and international news from a reliable and independent source Pro Magzine.

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Owing to a disruption in vaccine supply from the Centre, several vaccination centres across Sindh, including Hyderabad, had to temporarily close due to a shortage of vaccines.According to the Sindh Health Department, forty per cent of the vaccination centres in Hyderabad and parts of lower Sindh had to be temporarily shut down as they ran out of vaccine stock.تازہ ترین خبریں Meanwhile, the remaining vaccination centres are only facilitating those who visit to get the second dose of the vaccine.Per the Sindh Health Department, the shortage of vaccines is being faced because the federal government has not sent the supply to the province, adding that the new stock is expected to arrive by June 20.In Hyderabad, 21 vaccination centres have run out of vaccine stocks, the district health officer said.Logistics, coordination challenges disrupt vaccine supply in Pakistan Pakistan on Tuesday faced a shortage of COVID-19 vaccines due to the lack of coordination among government bodies, coupled with a disruption in supply from China.Officials in the federal government said that the task of procuring the vaccines had been assigned to the National Disaster Management Authority (NDMA) while the National Health Ministry was relieved of this duty.

As a result, a lack of coordination was witnessed while there was a disruption in vaccine supplies from China which led to the crisis.The NDMA, officials said, was not only dealing with Chinese vaccine manufacturers, including Sinopharm, Sinovac, and CansinoBIO, but it was also negotiating with Pfizer for the procurement of its mRNA vaccine for the country, a deal which could not be struck yet.Similarly, they said, Pakistan was relying heavily on the National Institute of Health (NIH), Islamabad, for the preparation and filing of single-dose Chinese vaccine Cansino from the bulk concentrate, which is being distributed in the name of PakVac, but the NIH also failed to fulfil its commitment of sustained supply of the single-dose vaccine.“NIH Islamabad had assured that they would be providing three million doses of PakVac (Cansino) vaccine per month but it failed to meet its commitment”, one of the officials said.In the beginning, the Pakistan government inoculated people with the double-dose Sinopharm vaccine from China, followed by AstraZeneca from the UK before opting for SinoVac and single-shot Cansino from China.

The National Command and Operation Centre (NCOC), which had received 100,000 doses of the Pfizer vaccine, has supplied 26,000 doses to Punjab, which will be administered to immunocompromised people, such as patients of organ transplant, cancer, and AIDS on a priority basis.When contacted, a spokesman of the Ministry of National Health Services, Regulations & Coordination said that the shortage of vaccine has spread thinly across the country.

Therefore, he suggested that the relocation of vaccines from limited use CVCs was required.He further said that only limited quantities of vaccines were reserved centrally.

“The next consignments of vaccines are expected towards the end of the current week,” he told The News.

This is the story of how Karachi’s 52 acres of an amenity plot that were reserved for a park and were part of the city’s famous Safari Park in District East fell prey to massively illegal commercial activities over the years.Latest Pakistan News obtained copies of at least five agreements that allowed commercial activities on the premises of the park over the course of five years and found out under whose watch those agreements were signed.The park is currently known as Aladin Amusement Park, which had been housing Aladin Shopping Mall and Pavilion End Club.

On June 14, 2021, the Supreme Court declared both of them illegal and ordered their demolition within two days.

Amenity plots are reserved for parks, gardens, playgrounds, graveyards, hospitals, schools, colleges, libraries, community centers, mosques, or other such purposes.It began in 1995The saga of Aladin Park started in 1995 when then Pakistan People’s Party (PPP) chief minister Syed Abdullah Shah and chief secretary formed a committee to convert 52 acres of Safari Park into an amusement park.

Hameed Haroon chaired the committee, and then KMC administrator Fahim Zaman was one of its members.On May 30 Zaman signed an agreement with Zodiac Joyland, which was granted the 52 acres facing Rashid Minhas Road for 25 years to develop an amusement park on the pattern of Disneyland.

The lease was granted on the condition that the land would be used for amenity purposes.The developer was bound by the agreement to submit a detailed master plan and a detailed design of the proposed amusement park to the KMC within six months.The agreement stated that 66 percent of the area would remain open space, while the remaining 34 percent could be covered by building structures and machines, within which not more than five percent could be used for commercial purposes like gift shops and snack bars.The fifth clause of the agreement clearly restricts the developer from subleasing or assigning the project land or any part of it to anyone else.A fresh agreementZaman was the administrator until April 4, 1996.

On April 9, when PPP was still in power and Aznar Hussain Zaidi was the new KMC administrator, a fresh agreement was signed between the KMC and AA Joyland.