Month: August 2024

Chinese Firm to Establish Solar Panel Manufacturing Plant in PunjabProducts to Supply Punjab Markets and for Export

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Chinese-Firm

LAHORE: A major development in Punjab’s renewable energy sector took place as a Chinese company signed an agreement with the provincial government to establish a solar panel manufacturing and assembly plant in the region. The agreement was signed by Provincial Minister of Industries and Commerce, Chaudhry Shafay Hussain, and Alex Hang, President of the South Pacific Region of AIKO, a leading Chinese solar energy firm. The new facility will be the first of its kind in Punjab, aimed at supplying solar panels to local markets and for export. Minister Chaudhry…

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Historic Milestone: All-Female Team Installs Solar Roof in Pakistan

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Karachi, Pakistan – In a groundbreaking achievement, LADIESFUND Energy has empowered female engineers in Pakistan by completing the country’s first solar roof installation by an all-female team. This pioneering project marks a significant milestone in promoting gender equality and sustainable energy solutions. The team of 28 female engineers, trained and certified by NED University, installed a 24 KW solar system with 6 lithium batteries on the rooftop of Hooseini Yateem Khana, an orphanage in Karachi. This achievement is not only a national first but also believed to be the world’s…

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PM Shahbaz, CM Murad discuss K-IV, KCR, solar projects at CM House

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KARACHI (Aug 9): Prime Minister of Pakistan Mohammad Shahbaz Sharif and Sindh Chief Minister Syed Murad Ali Shah, in their one-on-one meeting at CM House, discussed different projects the federal government has initiated in the province and decided to speed up their timely completion.The CM thanked the prime minister for his visit and get the progress and issues of the federal-funded development projects.Mr Shah told the PM that the provincial government with the assistance of donor agencies have started work on BRT Redline and Yellow Line projects. “The work on…

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Experts Advocate for Solar Adoption to Bolster Pakistan’s Energy Resilience

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solar-panel

KARACHI: Energy experts are urging greater adoption of solar energy in Pakistan, emphasizing its potential to reduce dependency on fossil fuels, lower energy costs, and improve electricity access in remote regions. They argue that solar energy also promotes job creation, environmental sustainability, and contributes to a more resilient energy sector. The experts praised the government’s efforts to incentivize solar energy through net metering but cautioned against over-reliance on solar power, which, as seen in developed countries, can only sustainably contribute up to 20% of total grid capacity without harming grid…

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FPCCI Urges Accountability for IPPs as High Tariffs Strain Pakistan’s Economy

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LAHORE: Zaki Aijaz, Vice President and Regional Chairman of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has called for urgent action from the task force on Independent Power Producers (IPPs) and Pakistan’s Power Sector Reforms to hold the country’s 40 IPPs accountable. In a statement on Friday, Aijaz underscored the increasing frustration among the public and business sectors over soaring electricity costs, which he attributed to unfavorable power purchase agreements with IPPs. Aijaz criticized the government’s substantial payments to non-operational or underutilized IPPs, highlighting that some plants…

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