Pakistan is undergoing a significant energy transformation. As of 2024, the country has emerged as a key overseas market for Chinese photovoltaic (PV) companies. Data from the China Photovoltaic Industry Association (CPIA) shows that Asia overtook Europe as the largest export destination for PV products in the first half of 2024, with Pakistan ranking as the second-largest module export market after Europe. In the same period, China exported inverters worth RMB 1.714 billion to Pakistan. In August alone, inverter exports to Pakistan reached 326 million yuan, reflecting a year-on-year growth…
Read MoreAuthor: Admin
Chinese firm to build solar panel plant
LAHORE: A Chinese company will set up a solar panel manufacturing and assembling plant in Punjab under an agreement signed with the provincial government. Provincial Minister of Industries and Commerce Chaudhry Shafay Hussain and President of the South Pacific Region of Chinese Company AIKO, Alex Hang, signed the agreement. The minister said on the occasion that the Chinese company will set up the first solar panels manufacturing factory in Punjab, which will supply its products in the local market and export them as well. He said the only solution to…
Read MoreSix dead, eight injured in Mari Petroleum’s MI 8 helicopter crash in North Waziristan
KARACHI According to tv report Mari Petroleum’s MI-8 helicopter has been crashed in North Waziristan. Six died and eight injured as a result of the helicopter crash.The injured had been shifted to CMH Thal via helicopter.As per reports, the helicopter was carrying 14 passengers including 3 Russian pilots and crew.As per Mari Petroleum spokesperson, the helicopter exploded during flight in Shewa Oil Field in North Waziristan.The helicopter was providing transportation services in the Waziristan’s Shiva block.Engine failure caused the accident that resulted in a crash, it has been reported.The helicopter…
Read MorePetrol Price Expected to Remain Steady, Diesel Prices May Drop
ISLAMABAD: The federal government is likely to maintain the current petrol price while reducing the ex-depot price of high-speed diesel (HSD) starting October 1, 2024. With no changes anticipated in the petroleum levy (PL) or general sales tax (GST), petrol prices are expected to stay at Rs 249.10 per litre. In contrast, HSD prices could decrease by Rs 2.11 per litre, bringing it to Rs 247.58. Kerosene oil might see a Rs 3.23 per litre reduction, and light diesel oil (LDO) prices could dip slightly to Rs 141.04 per litre.…
Read MoreChinese Photovoltaic Exports to Pakistan Surge Amid Growing Solar Demand
BEIJING: Pakistan’s demand for solar photovoltaics (PV) is skyrocketing as the country faces chronic power shortages and the aftermath of frequent floods. In August 2024 alone, China’s inverter exports to Pakistan reached 326 million yuan, a remarkable 429.04% year-on-year increase, according to the China Photovoltaic Industry Association (CPIA). Pakistan has emerged as the second-largest overseas market for Chinese PV modules, trailing only Europe. The surge in demand is driven by Pakistan’s energy crisis, reliance on coal imports, rising electricity prices, and damage to power infrastructure. With solar panels becoming commonplace…
Read More