With its growing population and rapidly increasing energy needs, Pakistan’s energy security is undermined by the overriding share of imported fossil fuels in its energy mix. But, by turning to its untapped, tremendous solar, wind and biomass potential, the South Asian country could spur social and economic development, while improving energy access, says IRENA.
A US$600,000 investment has been secured by EcoEnergy to help it provide off-grid solar PV solutions to 10,000 rural households in Pakistan.
Trina Solar has confirmed it has been invited by the Pakistani Government to set up solar PV manufacturing facilities in Pakistan. The Government has reportedly said it will provide financial incentives.
Pakistan has updated its 2015 net metering scheme to make it more user friendly. The Government of Punjab, meanwhile, has unveiled a new Access to Clean Energy Investment Program, aimed at installing over 20,000 solar PV rooftop systems.
Zorlu Enerji is working on a 100 MW solar PV plant in Pakistan. It is slated to come online in the first half of 2018. Overall, Pakistan is on track to install more than 1 GW this year.
The German technology firm has bagged orders for the turnkey electrical equipment and installation of two solar farms in Brazil and Pakistan. In addition, it announced the end of its cooperation with German inverter specialist SMA by the year’s end, and plans to manufacture its own inverters.
Chief Minister Shahbaz Sharif promised a transparent privatization. The 100 MW solar park is part of a 1 GW PV project in the Punjab region.
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