PARCO Participates in Baku Energy Week 2025 to Boost Global Energy Ties

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PARCO proudly represented Pakistan at Baku Energy Week 2025, joining global energy leaders to shape the future of the sector. Federal Minister for Petroleum, Mr. Ali Pervaiz Malik, held key discussions with Mubadala Energy’s CEO Mr. Mansoor Mohamed Al Hamed and COO Mr. Adnan Omer Bu Fateem to enhance bilateral energy cooperation. PARCO’s Managing Director, Mr. Irteza Ali Qureshi, also attended, highlighting PARCO’s commitment to Pakistan’s long-term energy goals. The event served as a platform for strengthening international energy partnerships, driving innovation, and promoting sustainability.

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Solis Celebrates 20th Anniversary with Groundbreaking Launches at SNEC 2025

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Shanghai, China – June 2025 – Solis, a global leader in PV inverter technology and energy storage solutions, will mark its 20th anniversary with a major showcase at SNEC 2025 (June 11-13), introducing industry-leading innovations – the 125kW Wall-Mounted Hybrid Inverter. Two Decades of Innovation, A Future of Growth Established in 2005 in Ningbo, China, Solis has grown from a pioneering startup to one of the world’s most trusted inverter brands, with over 100GW of products shipped to more than 100 countries and regions. Under the continued leadership of founder…

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K-Electric CEO Acknowledges High Electricity Rates, Blames Federal Tariff Policy

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KARACHI: K-Electric CEO Moonis Alvi has admitted that electricity rates in Karachi are among the highest in the country, even as residents endure up to 12 hours of load shedding daily in the sweltering summer heat. Speaking on ARY News’ program Off the Record, Alvi acknowledged the burden on consumers but clarified that electricity prices are set by the National Electric Power Regulatory Authority (NEPRA), not K-Electric. “We submit our tariff proposals, but the final decision rests with NEPRA,” he said. “We bill consumers as per the government’s directives.” Alvi…

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Pakistan Becomes Top Destination for Chinese Solar Panels, Outpacing Many G20 Nations: Report

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ISLAMABAD: Pakistan has imported more solar panels from China in the past five years than many G20 countries, with over 16 gigawatts (GW) shipped in 2024 alone, according to a new report by think tank Renewables First. Titled “Leader of One or Leader of None – China’s Choice for Clean over Coal in Pakistan”, the report reveals that more than 39GW of solar panels—almost entirely from China—have entered Pakistan since 2019. That volume surpasses three-quarters of Pakistan’s current installed generation capacity, signifying a dramatic shift in the country’s energy landscape.…

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Energy Minister Calls for Dialogue as Net Metering Surges to 2,500MW

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ISLAMABAD: Federal Minister for Energy, Sardar Awais Ahmad Khan Leghari, has called for broader consultation on net metering, which has now reached 2,500MW and is exerting a significant impact on the national grid. Speaking at a high-level consultative meeting held at the Private Power and Infrastructure Board (PPIB), attended by solar industry experts, provincial representatives, and relevant government officials, the Minister clarified that while net metering is not being scrapped, the government is considering transitioning to a more transparent, effective, and sustainable net billing model. Leghari, who was instrumental in…

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