12 STONES ’s Post

The Punjab government is actively promoting solar energy as part of its renewable strategy, now focusing on local solar panel manufacturing. Punjab's Industry and Commerce Minister, Shafay Hussain, met with a delegation of Chinese solar companies to discuss establishing solar panel factories in the region. He emphasized the government's commitment to local manufacturing and highlighted the eagerness of Chinese investors. Hussain hinted at developing a long-term policy to encourage such investments, noting the favorable moment for Chinese involvement. The decreasing cost of solar panels has made solar energy more appealing for residential, commercial, and industrial users in Pakistan. #SolarEnergy #RenewableEnergy #Punjab #LocalManufacturing #ChineseInvestment #SustainableFuture #GreenEnergy

Pakistan is now the 2nd largest market for Chinese PV exports, with inverter exports up by 429%. Solar energy is powering homes, factories, and mosques, driving the country's energy transformation. #SolarEnergy #Pakistan #RenewableEnergy #GreenFuture #EnergyTransformation #Sustainability #energyupdate #energy #pakistan #news #newsupdate

An offer to the world’s largest solar manufacturing company to set up a plant in Pakistan (Photo: Official Media) Beijing: The government offered the world’s largest solar manufacturing company to set up a manufacturing plant in Pakistan. According to Express News, Prime Minister Shahbaz Sharif is on an official visit to China along with a delegation of ministers and businessmen. Federal Energy Minister Owais Laghari met with Xin Goli, President of Longji Green Energy Technology, the world’s largest solar manufacturing company in China. An official statement was issued after the meeting, according to which the federal minister briefed on Pakistan’s solar energy potential and told the company that Pakistan is rapidly increasing the proportion of renewable energy in the energy mix. Owais Leghari said that the president of the Chinese company assured support for the development of solar energy in Pakistan while we have offered the Chinese company to set up a solar manufacturing plant in Pakistan. #offer #worlds #largest #solar #manufacturing #company #set #plant #Pakistan

Pakistan has emerged as the third-largest importer of Chinese solar panels, importing 13 gigawatts during the first half of the current fiscal year. This surge in imports has boosted Pakistan’s renewable energy sector, with solar panels now accounting for over 30% of the country’s total production, which reached 46 gigawatts in 2023. The rapid growth is driven by high demand from consumers and businesses seeking to reduce electricity costs. A 90% drop in solar panel prices over the past decade, combined with government policies such as sales tax exemptions and net metering, has accelerated the shift toward solar power. This transition not only strengthens energy security but also creates jobs, attracts investment, and contributes to environmental sustainability. #SolarEnergy #PakistanRenewableEnergy #SolarPower #GreenEnergy #CleanEnergy #SolarPanels

Pakistan has emerged as the third-largest importer of Chinese solar panels, importing 13 gigawatts during the first half of the current fiscal year. This surge in imports has boosted Pakistan’s renewable energy sector, with solar panels now accounting for over 30% of the country’s total production, which reached 46 gigawatts in 2023. The rapid growth is driven by high demand from consumers and businesses seeking to reduce electricity costs. A 90% drop in solar panel prices over the past decade, combined with government policies such as sales tax exemptions and net metering, has accelerated the shift toward solar power. This transition not only strengthens energy security but also creates jobs, attracts investment, and contributes to environmental sustainability. #SolarEnergy #PakistanRenewableEnergy #SolarPower #GreenEnergy #CleanEnergy #SolarPanels

An offer to the world’s largest solar manufacturing company to set up a plant in Pakistan (Photo: Official Media) Beijing: The government offered the world’s largest solar manufacturing company to set up a manufacturing plant in Pakistan. According to Express News, Prime Minister Shahbaz Sharif is on an official visit to China along with a delegation of ministers and businessmen. Federal Energy Minister Owais Laghari met with Xin Goli, President of Longji Green Energy Technology, the world’s largest solar manufacturing company in China. An official statement was issued after the meeting, according to which the federal minister briefed on Pakistan’s solar energy potential and told the company that Pakistan is rapidly increasing the proportion of renewable energy in the energy mix. Owais Leghari said that the president of the Chinese company assured support for the development of solar energy in Pakistan while we have offered the Chinese company to set up a solar manufacturing plant in Pakistan. #offer #worlds #largest #solar #manufacturing #company #set #plant #Pakistan

An offer to the world’s largest solar manufacturing company to set up a plant in Pakistan (Photo: Official Media) Beijing: The government offered the world’s largest solar manufacturing company to set up a manufacturing plant in Pakistan. According to Express News, Prime Minister Shahbaz Sharif is on an official visit to China along with a delegation of ministers and businessmen. Federal Energy Minister Owais Laghari met with Xin Goli, President of Longji Green Energy Technology, the world’s largest solar manufacturing company in China. An official statement was issued after the meeting, according to which the federal minister briefed on Pakistan’s solar energy potential and told the company that Pakistan is rapidly increasing the proportion of renewable energy in the energy mix. Owais Leghari said that the president of the Chinese company assured support for the development of solar energy in Pakistan while we have offered the Chinese company to set up a solar manufacturing plant in Pakistan. #offer #worlds #largest #solar #manufacturing #company #set #plant #Pakistan

Pakistan has emerged as the second-largest market for Chinese solar products, showcasing its strong commitment to energy transformation. According to data from the China Photovoltaic Industry Association, Asia surpassed Europe as the leading destination for photovoltaic (PV) exports in the first half of 2024, with Pakistan closely following Europe in terms of module imports. Inverters exported to Pakistan saw an impressive 429.04% year-on-year growth, reflecting the nation's increasing shift towards sustainable energy solutions. The Pakistani government has set ambitious goals, aiming for renewable energy to make up 20% of the electricity market by 2025 and 30% by 2030, signaling a significant transition towards greener energy. Companies like Forward Sports are adopting solar energy solutions at a rapid pace, reducing their energy costs and dependency on traditional power sources, further driving the renewable energy movement. #Pakistan #SolarEnergy #RenewableEnergy #ChineseSolarProducts #EnergyTransformation

Chinese companies are set to build a major solar panel manufacturing plant in Punjab, marking a significant step forward in Pakistan's renewable energy efforts. This new facility will bolster the province's capacity to produce solar panels locally, reducing reliance on imports and supporting the country's shift towards sustainable energy sources. The establishment of this plant is expected to create numerous job opportunities and drive technological advancement in the region. It also aligns with Punjab's broader goals of increasing renewable energy production and addressing energy shortages. The collaboration with Chinese firms underscores the strong ties between the two countries and highlights China's role in supporting Pakistan's green energy initiatives. Visit https://lnkd.in/dYepVRg8 to know more about us #RenewableEnergy #SolarPower #Punjab #China #Sustainability #GreenEnergy #Pakistan #SolarPanels