Chinese enterprises to explore photovoltaic potential in Pakistan

By Saira Iqbal | Gwadar Pro Sep 13, 2023

The 13th International Exhibition for Solar Industry, also known as Solar Pakistan, was held at the Karachi Expo Center earlier this month. It is the only dedicated platform in Pakistan to bring the latest solar innovations and showcase solar projects. 

To explore Pak-China cooperation opportunities in the photovoltaic sector, many Chinese exhibitors brought their latest products and technologies. Booth of Akcome Group, one of China’s leading new energy companies, attracted many visitors. Its high-efficiency cells and modules have already been used in photovoltaic programs in Australia and Japan. “We had in-depth communication with many Pakistani customers and institutions on the expo, discussing about possibilities of further cooperation. We have reached cooperative intentions with several Pakistani companies to jointly promote the development of new energy in South Asia,” said the Asia-Pacific regional sales manager of the company.

Hysolar, another Chinese green energy enterprise, signed MOUs with two Pakistani companies, Solato and AGN Solar, on the exhibition. “Our company is committed to developing efficient and reliable photovoltaic product lines. In the future, we will cooperate with our Pakistani partners to promote the completion of more high-quality photovoltaic projects in Pakistan. We will also jointly explore the photovoltaic market of the Middle East and the whole world.” Saad Ahmed, Pakistani Sales Director of Hysolar stressed the importance of Pak-China cooperation in the solar energy field.

China is recognized as the undisputable global leader in renewable energy expansion, with 51% of the worldwide additions in renewable energy capacity. Pakistan has also adopted a policy framework for moving towards a clean energy transition. Pakistan’s Indicative Generation Capacity Exemption Plan (IGCEP) set an aim that Pakistan’s photovoltaic installed capacity will reach12.8GW by 2030, and this figure will reach 26.9GW by 2047, providing a broad market for the development of the photovoltaic industry. 

“Pakistan has huge electricity consumption with abundant sunlight, providing natural advantages of solar energy development. Preferential policies of the China-Pakistan Economic Corridor also make Pakistan a major destination for Chinese investors in the photovoltaic field.” Saad Ahmed added. 

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