Day: January 22, 2026

Global corporate funding in the solar sector reached $22.2 billion across 175 deals in 2025, according to Mercom Capital Group’s 2025 Annual Solar Funding and M&A Report. While overall investment declined, deal activity rose to its highest level in seven years. The total funding figure—covering venture capital (VC), public market financing and debt financing—fell 16% year-on-year, marking the lowest annual total since 2020. In contrast, the number of deals increased by 11%, reflecting growing investor interest in smaller, more targeted transactions. Debt financing remained the dominant source of capital, totaling…

Islamabad: Special Assistant to the Prime Minister (SAPM) Haroon Akhtar Khan on Wednesday announced that the government is planning to reduce taxes on industries and lower electricity tariffs in the near future as part of broader efforts to support economic growth. Addressing a news conference, Mr Khan said that Pakistan has largely achieved macroeconomic stability, allowing the government to now shift its focus toward strengthening micro, small and medium enterprises (MSMEs), which he described as the backbone of the national economy. He said MSMEs play a vital role in employment…

Islamabad: The federal government has launched a comprehensive scheme to promote electric vehicle (EV) mobility across Pakistan, aiming to accelerate the transition to clean, affordable and sustainable transportation. The initiative, titled the Pakistan Accelerated Vehicle Electrification (PAVE) scheme, seeks to reduce reliance on fossil fuels while supporting the growth of domestic electric vehicle manufacturing. The programme is being implemented under the New Energy Vehicles Policy (NEVP) 2025–30. Under the scheme, subsidies amounting to Rs100.36 billion will be provided over five years, up to 2030, covering a wide range of electric…