[vc_row][vc_column][vc_column_text]LAHORE: “The recently concluded three-day Pakistan Solar Exhibition provides a unique platform for developing partnerships with local governments and private sectors to find innovative solutions,” said Chinese exhibitor Howard Fu.
“We display product solutions dedicated to the local market at this expo in order to further promote the development of renewable energy in Pakistan,” according to the organisers. Howard, Pakistan Country Director for a Chinese power supplying company, had a successful show, signing 100MW+ distribution deals.
Residential solar-plus-storage solutions, commercial and industrial solutions, and a “1+X” Modular Inverter for utility-scale markets are among the products on display at the exhibition.
Pakistan is a rapidly growing country with chronically insufficient energy supplies. Because of its abundant light and land, it has a clear competitive advantage in photovoltaic (PV) power generation.
Because of the competitive levelled cost of electricity, more people are opting for renewable energy (LCOE).
Also Read: Govt officially bans old and inefficient bulb to save energy.
The government-encouraged increase in foreign investment in the solar market is also bringing more technology to the country. Pakistan has invested billions of dollars in solar projects to encourage businesses and individuals to invest in solar power, with the goal of increasing renewable energy use to 60% by 2030.
Mark Gong, Sales Manager of another Chinese power company, was optimistic about Pakistan’s solar energy industry and expressed his strong determination to continue participating in such exhibitions and play his part in raising public awareness of solar energy options in order to advance solar energy in the country’s metropolises and non-matrix regions.
“China is a world leader in PV.” “Pakistan lacks an industrial base for photovoltaic products, despite the fact that it is the world’s sixth most populous country, with a massive consumer market and abundant human resources, and has the advantages to undertake industrial transfer from China,” said exhibitor Eric Zhao.
It was the second time Eric has attended the solar expo, and he feels the heat of market atmosphere even more.[/vc_column_text][/vc_column][/vc_row]
