tag:blogger.com,1999:blog-5848640164815342479.post8470116479170051594..comments2024-03-27T15:36:44.737-07:00Comments on Haq's Musings: Renewable Energy in Pakistan: 15.2% of Households Use SolarRiaz Haqhttp://www.blogger.com/profile/00522781692886598586noreply@blogger.comBlogger45125tag:blogger.com,1999:blog-5848640164815342479.post-3087724984947793992023-08-28T22:14:08.850-07:002023-08-28T22:14:08.850-07:00Haier revolutionizes cooling solutions with launch...Haier revolutionizes cooling solutions with launch of Pakistan's first Solar Hybrid Air Conditioner<br /><br /><br />https://en.dailypakistan.com.pk/28-Aug-2023/haier-revolutionizes-cooling-solutions-with-launch-of-pakistan-s-first-solar-hybrid-air-conditioner<br /><br />Haier is proud to unveil an unprecedented leap in the realm of cooling solutions with the introduction of Pakistan's very first solar hybrid air conditioner. This groundbreaking innovation marks a monumental shift towards sustainable and energy-efficient living, setting new standards in the industry. The launch of the solar hybrid air conditioner underscores Haier's dedication to shaping a brighter future for generations to come.<br /><br />The Haier solar hybrid air conditioner is a groundbreaking marvel that operates entirely on solar power during daylight hours, eliminating the need for any intermediary devices such as inverters, batteries, UPS, or converters. By seamlessly integrating four 540W solar panels and establishing a direct connection to the outdoor unit, the AC functions autonomously, setting an industry precedent. This marks a historic milestone in Pakistan, where an air conditioner operates directly on solar power without any supplementary support.<br /><br />For the very first time, consumers can embrace cooling technology that not only cools their spaces but also ensures zero electricity bills during daylight hours. Never before in Pakistan has an air conditioner operated directly on solar power without any intermediate support. This innovative approach significantly minimizes the concerns related to electricity costs and additional equipment expenses. As daylight graces the solar panels, the AC operates exclusively on solar energy, providing cooling comfort without the burden of utility bills. The system seamlessly switches to the grid only in case of cloudy weather, mimicking the hybrid concept found in modern-day hybrid cars. Additionally, the same holds true for nighttime operations.Riaz Haqhttps://www.blogger.com/profile/00522781692886598586noreply@blogger.comtag:blogger.com,1999:blog-5848640164815342479.post-68856402194888390622023-08-18T07:39:49.839-07:002023-08-18T07:39:49.839-07:00Kuwait’s EnerTech Holding Explores Renewable Energ...Kuwait’s EnerTech Holding Explores Renewable Energy Cooperation With Pakistan’s K-Electric<br /><br />https://solarquarter.com/2023/08/14/kuwaits-enertech-holding-explores-renewable-energy-cooperation-with-pakistans-k-electric/<br /><br /><br />Kuwait-based energy firm EnerTech Holding is actively exploring collaboration and investment prospects with Pakistan’s K-Electric power supply company.<br /><br />The objective is to expedite Pakistan’s shift to renewable energy sources, according to a joint statement released by the two entities this week. Pakistan’s energy imports, accounting for 30.7% of total imports, reached $17 billion during the previous fiscal year (2022-23).<br /><br /><br />To curtail its dependency on imported fossil fuels and conserve foreign currency, Pakistan aims to raise the proportion of clean energy in its energy mix to 60% by 2030, a considerable increase from the current 4% attributed to renewable sources.<br /><br />Abdallah Al-Mutairi, the CEO of EnerTech Holding, expressed enthusiasm about K-Electric’s ambitions in line with Pakistan’s renewable energy vision. He stressed the potential of collaboration between EnerTech’s expertise and K-Electric’s legacy in driving substantial progress towards these goals.<br /><br />K-Electric envisions catering to around five million customers with an electricity demand of 5,000 megawatts (MW) by 2030. The company aims to meet up to 30% of this demand through renewable energy, reducing reliance on imported fuels for electricity generation and benefiting the national economy.<br /><br />Moonis Alvi, the head of K-Electric, highlighted the opportunity to work closely with global entities like EnerTech, possessing an established international presence and investment portfolio. This collaboration can facilitate the adoption of best practices, thus enhancing energy delivery to customers while promoting a greener and more sustainable future.<br /><br />EnerTech Holding, a subsidiary of the National Technology Enterprises Company (NTEC) and an extension of the Kuwait Investment Authority, spans across 65 countries. Its collaboration with K-Electric aligns with both entities’ dedication to advancing sustainable energy solutions.Riaz Haqhttps://www.blogger.com/profile/00522781692886598586noreply@blogger.comtag:blogger.com,1999:blog-5848640164815342479.post-79726105187058373422023-07-21T16:31:55.006-07:002023-07-21T16:31:55.006-07:00LONGi and Nimir Energy Forge Strategic Partnership...LONGi and Nimir Energy Forge Strategic Partnership to Advance Solar Energy Solutions in Pakistan<br /><br />https://solarquarter.com/2023/07/20/longi-and-nimir-energy-forge-strategic-partnership-to-advance-solar-energy-solutions-in-pakistan/<br /><br /><br />LONGi and Nimir Energy announced the signing of a Memorandum of Understanding (MOU) aimed at fostering collaboration in the development and deployment of solar energy solutions. This strategic partnership marks a significant milestone in the pursuit of sustainable and clean energy sources to meet Pakistan’s growing energy demand.<br /><br />Under the terms of the MOU, Nimir Energy and LONGi will work together to explore opportunities and synergies in solar energy projects and capacity-building initiatives. The collaboration will leverage Nimir Energy’s expertise in project development and LONGi’s cutting-edge solar technology to drive the adoption of renewable energy in pan-Pakistan, pushing the government’s intent to promote solar.<br /><br />Nimir Energy is part of Nimir Group, providing services in renewable energy with a primary focus on solar EPC for industrial, commercial and residential users. Nimir Group has been serving Pakistan and its business community since 1964 with a diversified range of products.<br /><br /><br />With climate action in full swing, Nimir would like to play a positive role in bringing in the right resources to ensure Pakistan’s transition to clean and sustainable energy. The company’s commitment to sustainable development aligns perfectly with LONGi’s vision to enable the world to transition to a low-carbon future through its industry-leading solar products and solutions.<br /><br /><br />LONGi, renowned for its high-efficiency solar modules and advanced photovoltaic technology, has emerged as a global leader in the solar industry. By joining forces with Nimir Energy, the company aims to expand its reach and accelerate the development of solar energy projects in key markets around the world.<br /><br />“We are delighted to enter into this strategic partnership with LONGi, a company that shares our commitment to advancing renewable energy solutions,” said Waqas Ahmed Rana, COO of Nimir Energy. “Through this collaboration, we will combine our strengths and resources to drive innovation and promote the widespread adoption of solar energy, contributing to a more sustainable future.”<br /><br />“LONGi is excited to join forces with Nimir Energy, a respected player in the renewable energy sector,” stated Ali Majid, Country head, Sales of LONGi. “Together, we can unlock new opportunities and create lasting impact by accelerating the deployment of solar energy projects worldwide. This collaboration exemplifies our dedication to addressing the challenges of climate change through technology innovation and sustainable business practices.”<br /><br /><br />With 90 terawatt-hours of total energy needed, Pakistan ranks among the top countries with huge potential for solar energy. Rising electricity prices and instability in the grid have added further to the woes of the average Pakistani consumer. LONGi envisions solving this problem by providing a cost-effective and high-quality solution to the public at large. As the biggest panel manufacturer in the world, LONGi plans to cater to all kinds of consumers with a focus on industrial users to provide services unparalleled in the market.Riaz Haqhttps://www.blogger.com/profile/00522781692886598586noreply@blogger.comtag:blogger.com,1999:blog-5848640164815342479.post-39947832321077383932023-07-21T16:31:38.106-07:002023-07-21T16:31:38.106-07:00LONGi and Nimir Energy Forge Strategic Partnership...LONGi and Nimir Energy Forge Strategic Partnership to Advance Solar Energy Solutions in Pakistan<br /><br />https://solarquarter.com/2023/07/20/longi-and-nimir-energy-forge-strategic-partnership-to-advance-solar-energy-solutions-in-pakistan/<br /><br /><br />LONGi and Nimir Energy announced the signing of a Memorandum of Understanding (MOU) aimed at fostering collaboration in the development and deployment of solar energy solutions. This strategic partnership marks a significant milestone in the pursuit of sustainable and clean energy sources to meet Pakistan’s growing energy demand.<br /><br />Under the terms of the MOU, Nimir Energy and LONGi will work together to explore opportunities and synergies in solar energy projects and capacity-building initiatives. The collaboration will leverage Nimir Energy’s expertise in project development and LONGi’s cutting-edge solar technology to drive the adoption of renewable energy in pan-Pakistan, pushing the government’s intent to promote solar.<br /><br />Nimir Energy is part of Nimir Group, providing services in renewable energy with a primary focus on solar EPC for industrial, commercial and residential users. Nimir Group has been serving Pakistan and its business community since 1964 with a diversified range of products.<br /><br /><br />With climate action in full swing, Nimir would like to play a positive role in bringing in the right resources to ensure Pakistan’s transition to clean and sustainable energy. The company’s commitment to sustainable development aligns perfectly with LONGi’s vision to enable the world to transition to a low-carbon future through its industry-leading solar products and solutions.<br /><br /><br />LONGi, renowned for its high-efficiency solar modules and advanced photovoltaic technology, has emerged as a global leader in the solar industry. By joining forces with Nimir Energy, the company aims to expand its reach and accelerate the development of solar energy projects in key markets around the world.<br /><br />“We are delighted to enter into this strategic partnership with LONGi, a company that shares our commitment to advancing renewable energy solutions,” said Waqas Ahmed Rana, COO of Nimir Energy. “Through this collaboration, we will combine our strengths and resources to drive innovation and promote the widespread adoption of solar energy, contributing to a more sustainable future.”<br /><br />“LONGi is excited to join forces with Nimir Energy, a respected player in the renewable energy sector,” stated Ali Majid, Country head, Sales of LONGi. “Together, we can unlock new opportunities and create lasting impact by accelerating the deployment of solar energy projects worldwide. This collaboration exemplifies our dedication to addressing the challenges of climate change through technology innovation and sustainable business practices.”<br /><br /><br />With 90 terawatt-hours of total energy needed, Pakistan ranks among the top countries with huge potential for solar energy. Rising electricity prices and instability in the grid have added further to the woes of the average Pakistani consumer. LONGi envisions solving this problem by providing a cost-effective and high-quality solution to the public at large. As the biggest panel manufacturer in the world, LONGi plans to cater to all kinds of consumers with a focus on industrial users to provide services unparalleled in the market.Riaz Haqhttps://www.blogger.com/profile/00522781692886598586noreply@blogger.comtag:blogger.com,1999:blog-5848640164815342479.post-46665242123190908902023-07-01T08:54:31.696-07:002023-07-01T08:54:31.696-07:00WAPDA & Al Maktoum's private office join h...WAPDA & Al Maktoum's private office join hands for solar power development in Pakistan<br /><br /><br />https://www.globalvillagespace.com/wapda-al-maktoums-private-office-join-hands-for-solar-power-development-in-pakistan/<br /><br /><br />Water and Power Development Authority (WAPDA) and the Private Office of Sheikh Ahmed Dalmook Al Maktoum have signed two strategic memorandum of understanding (MoUs) for the development of a floating solar power project of up to 1000MW on existing water reservoirs and the rehabilitation, upgradation, and capacity enhancement of four hydro power projects in Pakistan.<br /><br />Chairman Lt. Gen. Sajjad Ghani (Retd) of WAPDA and Sheikh Ahmed Dalmook Al Maktoum expressed their mutual interest and enthusiasm to collaborate on future, long-term projects in Pakistan’s energy sector, with a specific focus on developing renewable energy solutions.<br /><br />The MoUs aim to create a cooperative framework between the Private Office and WAPDA, facilitating collaboration and exploration of investment opportunities in Pakistan’s energy sector, particularly focusing on WAPDA’s small hydro power projects.<br /><br />Read more: CPEC’s first hydropower plant in Pakistan begins full operations<br /><br />Both parties have agreed to collaborate on upgrading and rehabilitating hydro power projects in Renala, Rasul, Chichokimalian, and Nandipur.<br /><br />The parties have mutually agreed to collaborate in assessing the technical and economic feasibility of these projects, as well as formulating an implementation plan.Riaz Haqhttps://www.blogger.com/profile/00522781692886598586noreply@blogger.comtag:blogger.com,1999:blog-5848640164815342479.post-31194730581168896692023-06-20T17:51:59.362-07:002023-06-20T17:51:59.362-07:0010,000mw solar power plants to be installed before...10,000mw solar power plants to be installed before summers 2023<br />These solar plants will generate 10,000 megawatts of electricity under the initiative, saving Pakistan's billions of dollars.<br /><br /><br />https://www.globalvillagespace.com/10000mw-solar-power-plants-to-be-installed-before-summers-2023/<br /><br />The prime minister directed that work on the project begin immediately in order to bring respite to the masses before the next summer season begins.<br /><br />These solar plants will generate 10,000 megawatts of electricity under the initiative, saving Pakistan’s billions of dollars.<br /><br />In the initial phase, the electricity generated will be distributed to government buildings, tube-wells, and families that utilize less units of electricity.<br /><br />He has also directed that a conference be held next week to solicit bids for the project.<br /><br />The prime minister, who presided over a conference in Islamabad to bring huge relief to the people, stated that solar energy should be used instead of imported oil. The decision was taken with an aim to save the foreign exchange rate as the country would not need to spend billions of dollars on importing fuel for electricity generation.<br /><br />He urged that the project be implemented as soon as possible by the relevant authorities.<br /><br />The situation of loss in income and rising electricity bills makes a huge economic and financial burden on households. Skyrocketing electricity bills have blown the minds of consumers.<br /><br />Consumers strongly condemned skyrocketed electricity bills in the month of August, even during long hours of unscheduled load shedding followed by blackouts by Islamabad Electric Supply Company (Iesco) and demanded that the federal government take up this burning issue immediately.<br /><br />The Rawalpindi bench of the Lahore High Court (LHC) Tuesday suspended the collection of fuel price adjustment in electricity bills.<br /><br />Justice Jawad Ul Hassan, while hearing the writ petition filed against the increase of taxes, directed WAPDA and NEPRA not to charge tax on consumers’ electricity bills. The judge also summoned the head of IESCO on September 15 and issued notices to the parties concerned to appear before the Court on the next hearing.<br /><br /><br />Riaz Haqhttps://www.blogger.com/profile/00522781692886598586noreply@blogger.comtag:blogger.com,1999:blog-5848640164815342479.post-77515439042812835902023-06-20T17:34:15.733-07:002023-06-20T17:34:15.733-07:00Renewables developer Oracle Power PLC has signed a...Renewables developer Oracle Power PLC has signed a cooperation agreement with Chinese state-owned energy company PowerChina to jointly develop a 1GW solar PV project in Pakistan.<br /><br />https://www.pv-tech.org/oracle-power-powerchina-to-build-1gw-solar-pv-plant-in-pakistan/<br /><br />Located in Oracle’s Thar Block VI land – where it is currently developing a coal minefield – the project will be built in the southeast province of Sindh.<br /><br />The agreement includes a feasibility study both companies will conduct, however, Oracle has not disclosed any date for the commercial operation of the solar project.<br /><br />Power generated from the plant will either be integrated into the national grid or sold through power purchase agreements.<br /><br />Oracle Power has been active in Pakistan lately where it signed a memorandum of understanding (MoU) with Chinese state-owned China Electric Power and Technology for the potential development, financing, construction, operation and maintenance of a green hydrogen project in the Sindh Province.<br /><br />Along with the construction of a green hydrogen facility, the MoU also includes the development of a hybrid project with 700MW of solar PV, 500MW of wind power and an undisclosed capacity for battery storage.<br /><br />The 1GW solar PV project with PowerChina will be located 250 kilometres away from the proposed green hydrogen project Oracle aims to build in Pakistan.<br /><br />Naheed Memon, CEO of Oracle, said: “The proposed development of the Thar Solar Project provides Oracle with the opportunity to not only develop a sizeable renewable energy project in Pakistan, but also to bring a long-term and sustainable business to our Thar Block VI asset.”Riaz Haqhttps://www.blogger.com/profile/00522781692886598586noreply@blogger.comtag:blogger.com,1999:blog-5848640164815342479.post-9921031448431005232023-06-18T11:08:22.545-07:002023-06-18T11:08:22.545-07:00Solar power installations in Pakistan have seen re...Solar power installations in Pakistan have seen remarkable growth, with an installed capacity of over 2,368 MW as of FY22, reflecting the rising popularity and potential of solar energy.<br /><br />https://tribune.com.pk/story/2420254/can-pakistan-capitalise-on-solar-as-it-becomes-popular<br /><br /><br />In recent years, Pakistan has witnessed substantial investments in solar power projects, both domestic and foreign. It has introduced a financing scheme for renewable energy to make financing available for consumers in the private sector to invest in renewable electricity generation. Until February 2022, SBP had provided Rs74 billion (about $400 million) in financing to over 1,175 projects with a combined capacity of 1,375 MW in renewable energy.<br /><br />The World Bank also reports that Pakistan has a potential of 40 GW of solar power and has set a target of achieving 20% of its electricity from renewable sources by 2025.<br /><br />Pakistan has been heavily reliant on fossil fuels, particularly oil and gas, for power generation. However, the power production mix has undergone some changes in recent years.<br /><br />According to the Pakistan Bureau of Statistics (PBS), as of 2020, fossil fuels accounted for approximately 63% of the total power generation, followed by hydropower at 29%, nuclear energy at 5%, and renewable energy at around 3%.<br /><br />Despite its vast potential for solar energy, Pakistan has only scratched the surface of its capabilities. The country is blessed with abundant sunshine, making it an ideal location for solar power generation. Pakistan’s government, recognising the importance of renewable energy, has introduced favourable policies and incentives to promote solar energy development. The Alternative Energy Development Board (AEDB) offers net metering and feed-in tariffs to encourage residential and commercial solar installations.<br /><br />The increasing attractiveness of solar energy is expected to drive significant capital investment in Pakistan. Foreign direct investment (FDI) in the renewable energy sector has already been on the rise. Solar projects, including large-scale solar farms and distributed solar installations, offer lucrative investment opportunities. The China-Pakistan Economic Corridor (CPEC) has also played a crucial role in fostering solar energy cooperation between the two countries.<br /><br />Several challenges need to be addressed to fully harness Pakistan’s solar energy potential. These challenges include the high initial costs of solar installations, limited access to financing, lack of awareness about solar energy benefits, and inadequate grid infrastructure.<br /><br />To overcome these obstacles, the current government is working on a new 25-year energy policy that seeks to have 20-30% of all energy derived from renewable energy sources by 2030. The policy also aims to reduce dependence on imported fuel products and increase the share of indigenous resources.<br /><br />The current government has approved the Alternative and Renewable Energy Policy 2019, which provides incentives and facilitation for renewable energy projects. The previous government also faced challenges in implementing the National Electricity Policy 2021, which was approved by the Council of Common Interests in February 2021.<br /><br />The policy aimed to ensure affordable, reliable and sustainable electricity supply for all consumers, but faced resistance from some provinces and stakeholders over issues such as tariff determination, power sector governance and distribution reforms. The shift towards solar energy as an attractive investment option signifies a significant turning point in Pakistan’s power production landscape. The country has ample solar resources that can be harnessed to reduce its dependence on fossil fuels, enhance energy security, and contribute to environmental sustainability.<br /><br />With supportive government policies, increased foreign investment, and technological advancements, solar energy has the potential to revolutionise Pakistan’s power generation sector.<br />Riaz Haqhttps://www.blogger.com/profile/00522781692886598586noreply@blogger.comtag:blogger.com,1999:blog-5848640164815342479.post-59738272114109875272023-06-18T10:39:15.334-07:002023-06-18T10:39:15.334-07:00Community solar subscriptions can reduce electrici...Community solar subscriptions can reduce electricity costs for consumers - Profit by Pakistan Today<br /><br /><br />https://profit.pakistantoday.com.pk/2023/02/25/community-solar-subscriptions-can-reduce-electricity-costs-for-consumers/<br /><br />Rooftop solar installations have been a success story in Pakistan for the past few years, with more than 20,000 net metering licenses issued by the end of 2021-22, adding 450MW to the system. The 10x reduction in solar panel prices during the last decade, steep escalation in electricity tariffs, and net metering have made solar installation one of the best investments, with a payback of fewer than four years, while providing an excellent hedge against inflation and tariff escalation. Advanced LFP (Lithium Ferrous Phosphate) batteries, with 15 plus years life, are also becoming financially feasible for peak hours use with imminent peak rate hike.<br /><br />Despite the success of rooftop solar, there is still much room for growth. There are 610,000 households in Pakistan using 700 plus units and 16.8 million households consuming 300-700 units on average per month. The country can easily achieve at least 10,000MW of rooftop solar installations on just 5 percent of these houses during the next five years by continuing with the current net metering and export rate incentives.<br /><br />For households using 500–700 units per month, rooftop installations can be accelerated by providing incentives such as reinstating low-cost loans, removing current limitations on net metering, and eliminating 17pc general sales tax on solar equipment for 10KW or smaller installations. However, rooftop solar is not a practical option for lower-income households (300–500 units per month consumption) because of higher cost per kilowatt for a smaller system, financial constraints, roof space availability, rental housing, and apartment living.<br /><br />This is where community solar comes in as a practical and lower cost solution for these households and industrial facilities. In the community solar subscription model, consumers either purchase or rent a small portion of a large solar farm operated by the utility or a private developer. For example, for a 100 MW solar farm located near an industrial zone, multiple industrial facilities can purchase 20pc of this farm’s capacity (20MW), providing equity investment, while the remaining 80pc (80MW) can be subscribed (rented) by 80,000 low usage household (300-500 units) customers with a limit of 1KW for each.<br /><br />Because of economies of scale, the per kilowatt cost of these solar farms is 15-20pc lower than a rooftop system, thus reducing the purchase or rental cost. Also, since the industry will be providing equity investment, there won’t be a need to find large investors for these solar farms.<br /><br />Riaz Haqhttps://www.blogger.com/profile/00522781692886598586noreply@blogger.comtag:blogger.com,1999:blog-5848640164815342479.post-82283747155672615582023-06-13T21:38:27.152-07:002023-06-13T21:38:27.152-07:00Pakistan among 26 countries which added over 1,000...Pakistan among 26 countries which added over 1,000 MW of solar electricity in 2022<br /><br />https://www.euronews.com/green/2023/06/13/spain-germany-poland-which-european-countries-added-the-most-solar-power-in-2022<br /><br />Where are the major solar countries?<br />More countries than ever are real “solar contenders”, the report shows.<br /><br />In 2022, the number of major solar countries - defined as those installing at least 1 GW annually - grew from 12 to 26. By 2025, the report predicts that more than 50 countries will be installing more than 1 GW of solar per year.<br /><br />European countries make up 12 of the solar heavyweights, led by Spain, Germany, Poland, the Netherlands and Italy.<br /><br />Poland’s solar development has flown past expectations. It’s mostly due to a surge in small rooftop ‘prosumer’ systems that enable homeowners to be rewarded for producing as well as consuming energy.<br /><br />Ranked by the amount of extra solar they installed last year, here is the full list of the 26 major solar powers:<br /><br />1. China<br />2. US<br />3. India<br />4. Brazil<br />5. Spain<br />6. Germany<br />7. Japan<br />8. Poland<br />9. The Netherlands<br />10. Australia<br />11. South Korea<br />12. Italy<br />13. France<br />14. Taiwan<br />15. Chile<br />16. Denmark<br />17. Turkiye<br />18. Greece<br />19. South Africa<br />20. Austria<br />21. UK<br />22. Mexico<br />23. Hungary<br />24. Pakistan<br />25. Israel<br />26. SwitzerlandRiaz Haqhttps://www.blogger.com/profile/00522781692886598586noreply@blogger.comtag:blogger.com,1999:blog-5848640164815342479.post-1494831560216925762023-05-30T06:58:01.262-07:002023-05-30T06:58:01.262-07:00Solar grids bring relief to Sindh
19-kilowatt mini...Solar grids bring relief to Sindh<br />19-kilowatt mini-grids powered by solar energy installed in Ishaq Jokoi<br /><br /><br />https://tribune.com.pk/story/2411592/solar-grids-bring-relief-to-sindh<br /><br /><br />Indus Earth Trust (IET), an organisation promoting green energy, has provided a life-changing solution for residents of Ishaq Jokio, a small settlement in the Sindh province of Pakistan.<br /><br />The 19-kilowatt mini-grids powered by solar energy have transformed the lives of people, who have been accustomed to enduring long hours of power cuts during peak consumption in summer.<br /><br />“Villages were selected according to a needs assessment survey, while the villagers provided the land where the 19-kilowatt mini-grids were installed. In this hamlet caressed by the sea breeze from the Arabian Sea, panels bred prosperity,” reported the China Economic Net.<br /><br />According to the State of Industry reports from the National Electric Power Regulatory Authority (NEPRA), homes consume 50% of the total electricity delivered, and this demand is largely driven by cooling and lighting. The demand is estimated to increase from 106 terawatt-hour (TWh) in 2020 to 234 TWh in 2030, representing a 121% increase due to the rise in temperatures from climate change.<br /><br />Pakistan’s energy problems have been exacerbated manifold by the Russia-Ukraine conflict and the global supply crisis. Pakistan’s fuel import bill surged to $23 billion in FY2021-22, a 105% increase from the previous financial year. The country’s per capita annual electricity consumption of 644 kilowatt-hour (kWh) is among the lowest in the world, which is only 18% of the world average, 7% of the developed countries’ average.<br /><br />However, Pakistan’s efforts to embrace photovoltaics at all levels have started to pay off. Pakistan imported about $1.2 billion in photovoltaic modules in the last fiscal year, and in 2022, China’s photovoltaic module exports to Pakistan reached approximately $870 million, with a total installed capacity of 3.2GW, a year-on-year increase of 54% and 37%, respectively, said Liu Yiyang, Deputy Secretary-General and Press Spokesperson of China Photovoltaic Industry Association (CPIA). The Pakistan Solar Association (PSA) forecasted that the country’s import demand for photovoltaic products this year will be around $1.8 billion.<br /><br />“Pakistan’s Solar Energy Market is expected to record a CAGR of 2.5% during the period from 2022 to 2027, with Net Metering-Based Solar Installations and Power Generation growing by 102% and 108% respectively,” said a KTrade Securities analyst.<br /><br />A World Bank study in 2020 urged Pakistan to urgently expand solar and wind “to at least 30% of electricity generation capacity by 2030, equivalent to around 24,000 MW.” This provides huge opportunities for growth as currently, as of December 2022, Pakistan’s total domestic installed power capacity is 43,775 MW, of which photovoltaic installed capacity is 630 MW, accounting for about 1.4% only.<br /><br />China’s efforts are also reaching millions of households in remote areas in the form of micro-power plants. Out of the $144 million foreign investment in PV plants in Pakistan, $125 million is from China, accounting for nearly 87% of the total.<br /><br />“Pakistan and China are a perfect match for collaboration on renewable energy (solar PV) as China is a globally known giant when it comes to renewable energy technology, while Pakistan needs to move away from thermal to renewable for power generation,” stated a KTrade Securities solar PV industry report.<br /><br />Recently, the Pakistan Solar Association (PSA) sent an official letter adjuring the federal government to ask SBP and other commercial banks to help in the solar imports through an annual limit of USD 800 million at a time when Pakistan is facing a renewable energy sector that is growing rapidly. The letter also urged the government to take steps to promote local manufacturing of solar panels to reduce reliance on imports and create job opportunities for the local population.Riaz Haqhttps://www.blogger.com/profile/00522781692886598586noreply@blogger.comtag:blogger.com,1999:blog-5848640164815342479.post-55088931972416124032023-05-21T12:13:18.114-07:002023-05-21T12:13:18.114-07:00Unilever Pakistan announces its partnership with K...Unilever Pakistan announces its partnership with K-Solar<br /><br /><br />https://www.nation.com.pk/18-May-2023/unilever-pakistan-announces-its-partnership-with-k-solar<br /><br /><br />LAHORE-Unilever Pakistan has announced its partnership with K-Solar, a subsidiary of KE, to transition its operations to solar energy in Rahim Yar Khan and Karachi. This initiative represents a significant step towards achieving Unilever’s ambitious sustainability goals, including net zero emissions in its operations by 2039. Simultaneously, the firm will shed close to PKR 84 million a year in energy costs, facilitating the local economy by considerably reducing the strain on the national grid collectively generating approx. 2.3 million Kwh through renewable sources.<br /><br />Unilever Pakistan’s Solar Captive Power Plant Phase 2 installation demonstrates their dedication to renewable energy solutions, leading to significant savings and CO2 reductions. At Futehally Chemicals Limited (FCL), the factory that manufactures Surf Excel for Unilever, the 362 kW system will save 496,035 kWh annually, reducing costs by approximately 18 million PKR and CO2 emissions by 233 metric tons. The 1000 kW installation at Rahim Yar Khan Factory will save 1,430,886 kWh, saving approximately 53 million PKR and a CO2 reduction of 662 metric tons per year. The 250 kW system at Rahim Yar Khan Estate will save 357,721 kWh, resulting in cost savings of 13 million PKR and a CO2 reduction of 165 metric tons annually. Unilever Pakistan’s investment in these projects reinforces their commitment to sustainability.<br /><br />While Unilever’s own factories, offices, research labs, data centers, warehouses, and distribution centers account for only 2% of its total greenhouse gas footprint, the company acknowledges the significance of these emissions and is committed to eliminating them entirely. Abdul Hannan Ahmed Khan, Head of Supply Chain at Unilever Pakistan, expressed his enthusiasm for this collaboration, stating, “Unilever Pakistan is deeply committed to sustainable practices and minimizing our impact on the environment. This solar project is a testament to our dedication to combat climate change and create a brighter, cleaner future. By investing in renewable energy, we are not only reducing our carbon emissions but also driving positive change in the communities we operate in.”<br /><br />Hashim Raza, CEO of K-Solar, emphasized the significance of joint efforts in realizing a sustainable energy future. He stated, “We are thrilled to partner with Unilever Pakistan on this journey. By combining Unilever’s leadership in sustainability and K-Solar’s expertise in renewable energy solutions, we are confident that we can make a substantial impact in reducing carbon emissions and promoting the use of clean energy sources.”<br /><br /><br />Riaz Haqhttps://www.blogger.com/profile/00522781692886598586noreply@blogger.comtag:blogger.com,1999:blog-5848640164815342479.post-73767021750108425522023-04-05T07:59:09.626-07:002023-04-05T07:59:09.626-07:00Pakistan issues tender for 600 MW of PV
The Pakist...Pakistan issues tender for 600 MW of PV<br />The Pakistani authorities say that prospective developers must submit bids for a new 600 MW solar tender by May 8.<br /><br />https://www.pv-magazine.com/2023/04/04/pakistan-issues-tender-for-600-mw-of-solar/<br /><br />Pakistan's Alternative Energy Development Board (AEDB) has launched a tender to deploy 600 MW of PV capacity. It said the new solar projects will be built in the districts of Kot Addu and Muzaffargargh, Punjab province.<br /><br />Selected developers will be expected to build the plants on a build, own, and operate transfer (BOOT) basis. They have until May 8 to submit project proposals. The deadline was originally set for April 17.<br /><br />According to the latest statistics from the International Renewable Energy Agency (IRENA), Pakistan had 1,234 MW of installed PV capacity by the end of 2022. Last year, the nation newly installed 166 MW of solar capacity.<br /><br />NEPRA, the country's energy authority, recently granted 12 generation licenses, with a total capacity of 211.42 MW. Nine of those approvals were granted to solar projects with a total capacity of 44.74 MW.<br /><br />In May, NEPRA launched the Competitive Trading Bilateral Contract Market (CTBCM), a new model for Pakistan’s wholesale electricity market. The Central Power Purchasing Agency said the model will “introduce competition in the electricity market and provide an enabling environment where multiple sellers and buyers can trade electricity.”<br /><br />Riaz Haqhttps://www.blogger.com/profile/00522781692886598586noreply@blogger.comtag:blogger.com,1999:blog-5848640164815342479.post-72408781664750003602023-03-02T08:17:22.843-08:002023-03-02T08:17:22.843-08:00LONGi receives CSR award from Pakistan’s National ...LONGi receives CSR award from Pakistan’s National Forum for Environment and Health<br /><br />https://www.pv-tech.org/industry-updates/longi-receives-csr-award-from-pakistans-national-forum-for-environment-and-health/<br /><br />LONGi has announced that it has received a CSR award from the Pakistani National Forum for Environment and Health (NFEH) and the CSR Club for its outstanding contribution to the country’s environmental status.<br /><br />Established in June 1999, the NFEH is affiliated with the United Nations Environmental Program (UNEP) and its activities are supported by the Pakistani government’s Ministry for Climate Change.<br /><br />Ali Majid, LONGi General Manager for Pakistan, received the award on behalf of the company, commenting: “We are delighted to receive this award from the NFEH and CSR Club. As a global leader in solar technology, we believe it is our responsibility to create a sustainable future for generations to come. We are committed to developing innovative solutions that reduce carbon emissions and promote sustainable energy consumption and we will continue to work towards a greener future.”Riaz Haqhttps://www.blogger.com/profile/00522781692886598586noreply@blogger.comtag:blogger.com,1999:blog-5848640164815342479.post-40701559533756410272023-02-16T20:27:21.679-08:002023-02-16T20:27:21.679-08:00The Sindh government has decided to solarise 200,0...The Sindh government has decided to solarise 200,000 housing units in rural and urban areas across the province with the support of the World Bank, it emerged on Thursday.<br /><br />https://www.dawn.com/news/1737553/minister-announces-provision-of-solar-energy-to-200000-housing-units<br /><br />The decision was taken at a meeting between Energy Minister Imtiaz Ahmed Shaikh and a delegation of the World Bank headed by its director Najy Benhassine at the energy department.<br /><br />Mr Shaikh told Dawn that the panels would be installed in all districts of the province under the Sindh Solar Project.<br /><br />“Over 200,000 houses/units will be solarised in both rural and urban areas of all districts as part of the provincial government’s major initiative to end the energy crisis,” he said.<br /><br />The minister said that it was also decided that a subsidy of $160 per house/unit in rural areas and $110 in urban areas would be given.<br /><br />“Initially. solar panels are being installed in 10 districts and the process will be extended to all other districts of Sindh,” he said.<br /><br />The minister said the World Band delegation expressed its satisfaction over the pace of ongoing projects in the province’s energy sector.<br /><br />He said the importance of generating green environment-friendly energy was increasing rapidly in view of climate-change impacts.<br /><br />There were many opportunities for blue economy in this sector, he said. “The speed of wind in the sea is many times better than on land, so wind turbines can be installed on the sea and beaches to generate cheaper electricity,” he said.<br /><br />Imtiaz Shaikh said that an economic zone could be established in coastal area, which would be an important milestone in the development of the coastal area. “The energy department will cooperate in developing offshore wind projects near coastal areas,” he said, and added that floating solar energy units would be created for economic development of the country.<br /><br />He said that the energy department wanted to work with the Pakistan Institute of Oceanography to develop floating solar projects in coastal areas.<br /><br />“Floating solar systems and offshore wind projects can expand blue economy opportunities through affordable energy,” he added.<br /><br />The minister said that land for water-based green energy projects was several times cheaper and unlike most land-based solar plants there, floating arrays could be stationary.<br /><br />To a question, he said that the provincial government had also decided to restructure the proposed Sindh Petroleum Company which would work for gas exploration.<br /><br />He said that the SPC would give licences for gas and petrol exploration in the province, adding that a draft of recommendations regarding activation of the SPC and its rules and regulations had been prepared.<br /><br />He said that the SPC along with the search for new gas reserves would also monitor the distribution of existing gas reserves.<br /><br />Imtiaz Shaikh demanded a new natural resources agreement between the federation and the provinces and said that the new gas distribution agreement would help curb the sense of deprivation found in the provinces.<br /><br />Riaz Haqhttps://www.blogger.com/profile/00522781692886598586noreply@blogger.comtag:blogger.com,1999:blog-5848640164815342479.post-71239886040646856092022-12-27T10:22:40.039-08:002022-12-27T10:22:40.039-08:00Green investment on rise, Pakistan to get 30 % ren...Green investment on rise, Pakistan to get 30 % renewable energy - Pakistan Observer<br /><br />https://pakobserver.net/green-investment-on-rise-pakistan-to-get-30-renewable-energy/<br /><br /><br />Until now, renewable energy sources make up a very minor fraction of Pakistan’s overall power generation mix. According to a recent report of the National Electric Power Regulatovry Authority, the installed capacity for wind and solar accounts for roughly 4.2% (1,831 MW) and 1.4% (630 MW) of a total of 43,775 MW, respectively.<br /><br />China is already the biggest investor in green energy in Pakistan. Currently, out of the $144 million in foreign investment in solar PV plants in Pakistan, $125 million is from China, accounting for nearly 87% of the total.<br /><br />Thanks to Chinese investments, a few weeks ago Federal Power Minister Khurram Dastgir Khan inaugurated two new wind energy projects in Jhimpir, Thatta District, Sindh, with an aim to produce cheaper and clean electricity through indigenous energy sources. Wind projects in this region have been one of several renewable energy projects to have received Chinese investment in recent years. Around 90 kilometers from Karachi, Jhimpir is the heartland of the country’s largest ‘Wind corridor’, which has the potential to produce 11,000 megawatts (MW) of energy from green resources.<br /><br />Riaz Haqhttps://www.blogger.com/profile/00522781692886598586noreply@blogger.comtag:blogger.com,1999:blog-5848640164815342479.post-68817149348098384392022-12-16T10:06:38.256-08:002022-12-16T10:06:38.256-08:00Road projects: Sindh prepares projects under PSDP
...Road projects: Sindh prepares projects under PSDP<br /><br />https://tribune.com.pk/story/2341897/sindh-prepares-projects-under-psdp<br /><br />Road sector schemes of over Rs85 billion were discussed and cleared in the meeting for the next federal PSDP. They included construction of the 189km Coastal Highway from Keti Bunder to Ali Bunder and building of the road to connect Shaheed Benazirabad, Sanghar to Matiari district. <br /><br />Other projects included dualisation of the 31km track from Tando Allahyar to Tando Adam Road, construction of a 150km road from Rahri (Sukkur) to Guddu Barrage via Khanpur Mahar, Jarwar, Mirpur Mathelo and Mohammadpur. Also part of the proposed projects was the construction of a 135km additional carriageway of Mehran Highway (Nawabshah-raniput) and a 40km road from Thatta to Jhimpir.<br /><br />There was also the construction of a 203km road from Sanghar to Salehpat via Mudh Jamraho up to Rahri Road and the 45km additional carriageway of road from Naudero to Lakhi.Riaz Haqhttps://www.blogger.com/profile/00522781692886598586noreply@blogger.comtag:blogger.com,1999:blog-5848640164815342479.post-13878269654980054992022-12-16T09:37:48.601-08:002022-12-16T09:37:48.601-08:00IMF program in Pakistan undermines renewable energ...IMF program in Pakistan undermines renewable energy roll-out - Bretton Woods Project<br /><br />https://www.brettonwoodsproject.org/2022/04/imf-programme-in-pakistan-undermines-renewable-energy-roll-out/<br /><br />The unprecedented rise in solar photovoltaic (PV) installations in Pakistan’s off-grid and weak grid regions in recent years has been a windfall for vulnerable communities. Buoyed by the GOP’s decision to waive taxes on solar products in 2014, the growth reflects solar’s suitability for powering tube wells, water pumps and purification systems for drinking water and irrigation in remote and water-stressed areas. The primary beneficiaries of this boom have been poor farming communities – especially women – who have historically struggled with access to electricity and water. Solar technology, however, is still a largely import-based market, and growth is likely to be slowed with users unable to meet higher prices.<br />Riaz Haqhttps://www.blogger.com/profile/00522781692886598586noreply@blogger.comtag:blogger.com,1999:blog-5848640164815342479.post-35578709049752894772022-07-26T06:53:12.226-07:002022-07-26T06:53:12.226-07:00In order to encourage the production of renewable ...In order to encourage the production of renewable energy in the country, the Pakistani government announced on Friday sales tax exemptions on imports of solar panels and their distribution.<br /><br />http://en.ce.cn/Insight/202206/11/t20220611_37745824.shtml<br /><br /><br />Presenting the budgetary proposals for the next fiscal year in the National Assembly on Friday, Pakistani Finance Minister Miftah Ismail said that the energy sector has pivotal importance for the people as well as the industries and trade in the country, adding that at the moment fuel prices were skyrocketing, which made thermal energy expensive. “For these sectors and the people we gave an additional subsidy of 214 billion rupees,” the minister noted.<br /><br />The Finance Minister proposed tax exemption on import and local supply of solar panels. He said soft loans from banks will be arranged for the people who consume less than 200 units of electricity to purchase solar panels.<br /><br />The previous government of Prime Minister Imran Khan had imposed a 17 percent general sales tax. The imposition of taxes on solar panels has received criticism from different quarters.<br /><br />Earlier in May, Prime Minister Shehbaz Sharif announced the reversal of the decision to tax the solar panels, which will be implemented in FY23.<br /><br />Chinese companies manufacturing solar panels will have to play a crucial role in the generation of Alternative Renewable Energy (ARE) in Pakistan. At the moment, according to a market survey, more than 90 percent of solar panels and other related equipment are being imported from China. Chinese companies are executing and running solar power projects in Pakistan including 300 MW solar power projects which is operational under the umbrella of China-Pakistan Economic Corridor (CPEC)<br /><br />In a recent interview with Gwadar Pro, former Prime Minister Shahid Khaqan Abbasi said, “solar is very critical to Pakistan’s need today” and added, “I am expecting that China, which has the most experience in the world in solar, will come to Pakistan and help the country get more sustainable energy”. He also welcomed more Chinese companies to come to Pakistan and establish solar panel manufacturing plants in the country.<br /><br />Pakistan targets an on-grid Alternative Renewable Energy (ARE) generation mix of 20 percent by 2025 and 30 percent by 2030, adding the policy targets the development of ARE projects mainly on competitive bedding, unsolicited mode limited to G2G and new technologies.<br /><br />Pakistan has a population of over 225 million. Approximately 88 percent of the population has access to electricity while 12 percent remains un-electrified. The annual per capita electricity consumption in Pakistan is around 550 kWh as compared with the world average of 3,081 kWh per capita.<br /><br />National Electric Power Regulatory Authority (NEPRA) approved Indicative Generation Capacity Expansion Plan (IGCEP) 2021 with demand supply projects till 2030. Under IGCEP, the current installed capacity of 34,776 MW will become 61,112 MW by the end of 2030. Apart from the committed pipeline projects, the IGCEP requires an addition of 10,062 MW of ARE capacity by 2030.Riaz Haqhttps://www.blogger.com/profile/00522781692886598586noreply@blogger.comtag:blogger.com,1999:blog-5848640164815342479.post-61898002218719243322022-03-27T10:24:06.903-07:002022-03-27T10:24:06.903-07:00Chinese envoy sees big prospects of Sino-Pak partn...Chinese envoy sees big prospects of Sino-Pak partnership in renewables<br /><br />https://pakobserver.net/chinese-envoy-sees-big-prospects-of-sino-pak-partnership-in-renewables/<br /><br /><br />Chinese Consul General in Karachi Li Bijian, while speaking as the chief guest at a Memorandum of Understanding signing ceremony here, he said for achieving sustained development goals (SDGs) China had made huge progress in green energy as this was future of the world.<br /><br />China had largest renewable energy resources and cutting-edge equipment and machinery. Pakistan was also making every possible effort for conversion to green energy. It had big potential of renewable energy with Sindh’s better position in solar.<br /><br />The memorandum of understanding was signed between Chinese Solar Energy Zonergy Company Limited-Pakistan and Altamash General Hospital, Karachi to install 351 KV solar energy plants to feed Altamash’s three health facilities in the city; with expected completion period of three months.<br /><br />AGH’s Director Dr. Emad Altamash and CEO of Zonergy Company Limited (Pakistan) Xu Hong Chang signed the agreement, which was witnessed by Chairman of Altamash Group, Prof. Dr. Muhammad Altamash, Chairperson of AGH, Dr. Shahina Altamash and Chinese Consul General in Karachi, Li Bijian.<br /><br />Chinese Consul General said, “I am very impressed by the quality and quantum of medical equipment at Altamash General Hospital.”<br /><br />He acknowledged Altamash’s health services to the humanity, especially to low income group people. Today, he said, Altamash Group had taken a step forward for conversion to renewable energy.<br /><br />Being the fastest and tested friends, and big partners in various social and economic sectors, under CPEC China and Pakistan were also increasing their cooperation and partnership in energy sector especially in renewables, which was the only future solution.<br /><br />For last couple of decades, the two countries had been working together in energy sector i.e. solar, wind and coal power generation.<br /><br />“My government is committed for renewables,” he reaffirmed.<br /><br />He described Zonergy as one of leading solar energy companies of China and appreciated the company’s contribution in promoting green energy. During a media chat there, Chinese diplomat congratulated Pakistanis on celebrating their “Pakistan Resolution Day “ and successfully holding great event of two-day OIC Foreign Ministers’ Conference in Islamabad.—APPRiaz Haqhttps://www.blogger.com/profile/00522781692886598586noreply@blogger.comtag:blogger.com,1999:blog-5848640164815342479.post-36384906529546581982021-10-04T08:34:19.924-07:002021-10-04T08:34:19.924-07:00#Solar #energy shines with opportunity for #China,...#Solar #energy shines with opportunity for #China, #Pakistan. Key initiatives: solar village electrification for 40,000 villages & 1.1 million solar powered pumps in rural Pakistan. #agriculture #electricity #renewableenergy #Renewables https://www.chinadaily.com.cn/a/202110/01/WS61567d22a310cdd39bc6cc35.html<br /><br /><br />Pakistan's population of 220 million is set to grow at a rate of 1.5 percent annually, which will lead to drastically growing demands for energy. However, energy deficiency has been a serious challenge to the security and economy of the country. Currently, almost 80 percent of Pakistan's energy supply comes from the burning of fossil fuels, such as the oil and gas that Pakistan has to import.<br /><br />At the same time, Pakistan is blessed with natural resources such as sunlight and wind. According to recent studies, Pakistan's solar potential is estimated to be over 100,000 megawatts. Excellent conditions for harnessing solar energy can be found in the southwestern province of Balochistan, where the sun shines about eight hours daily or approximately 3,000 hours per year. For many Pakistani villagers who live far from the national grid, distributed solar power provides an ideal solution.<br /><br />Facing the urgency of global climate change, Pakistan has been promoting more environmentally friendly renewable energy in recent years. The government intends to boost the share of clean and green energy to 60-65 percent of the total energy mix by 2030. Some key initiatives have been taken, such as the Solar Village Electrification program, under which more than 40,000 villages that are too far from the national grid to be economically connected now have energy access, and the Solar Powered Efficient Pumps program which is designed to replace 1.1 million water pumps that were previously operated with either insufficient electricity or diesel. The Quaid-e-Azam Solar Power in Punjab is the first utility-scale solar power plant in the country.<br /><br />To promote solar energy, the Pakistani government has also offered a flexible and attractive policy that includes tax incentives and legal protection for the return on investment (which is usually eight years, the highest in the world). Under the China-Pakistan Economic Corridor (CPEC), further incentives are offered for Chinese investors, along with other preferential treatment.<br /><br />As the interviews in the book Belt and Road Through My Village have shown, Pakistani people are the beneficiaries of solar energy, which has improved the socioeconomic conditions of the common people, enhanced their income and made their lives more comfortable. Solar energy has served as a catalyst in poverty eradication. People are happy and grateful to their Chinese brethren and welcome more similar development projects to improve their lives. These projects are cost-effective, and, contrary to Western propaganda, they are not debt traps.<br /><br />China is a world leader in solar energy and has been meeting the worldwide demand. Today, China can share its solar technology, experience and environmental improvement stories with the rest of the world. The Pakistani government's new policies and determination to develop solar energy provide Chinese solar companies and investors, as well as the Pakistani people, a great opportunity to grow together cleanly and sustainably.<br />Riaz Haqhttps://www.blogger.com/profile/00522781692886598586noreply@blogger.comtag:blogger.com,1999:blog-5848640164815342479.post-86464087384838011532021-06-18T17:08:41.703-07:002021-06-18T17:08:41.703-07:00“Sales of solar power systems have gone up 80 per ...“Sales of solar power systems have gone up 80 per cent in the last two years owing to a soaring demand in rural areas where power availability is still a remote possibility,” said M. Saleem Memon, the vice-president of Karachi Electronics Dealers Association (KEDA).<br /><br />https://www.dawn.com/news/1626781<br /><br /><br />Mr Memon, who also deals in alternative energy solutions, said sales of solar-powered systems are going on in urban areas but these cannot match the impressive demand in rural areas. He went on to add that in urban areas, residential and educational buildings, private offices and industries are shifting towards the alternative energy option, he said.<br /><br />Claiming that the price of solar panel systems had been unchanged for the last two years, he said, 5kW and 10kW system (battery, inverter and panels) cost Rs500,000 and Rs1 million, followed by Rs100,000 and Rs200,000 for 1kW and 2kW, respectively.<br /><br />In rural areas, he said solar energy is also being used to run tube wells and water pumps.<br /><br />Talking to Dawn, Sikandar Shahzada, the owner of Sikandar and Co, said the boom in construction of highrise buildings, big government projects, vertical expansion in factories, etc has caused an alarming jump in import bill of power generating machines which need 20kVA to 100kVA generators.<br /><br />A dealer in solar system and generators, Mr Shahzada said that in highrise projects, standby generators are a must to keep lifts moving coupled with ensuring power requirement for water pumping machines in case of power failures.<br /><br />“People are fast moving towards solar power solutions since power rates and petrol/diesel prices have been going up for the last few years, while many buyers are unable to afford generators due to the rising cost of living,” he said. “Consumers are now well informed regarding affordable living choices and are opting for solar power systems whose sales are 100 per cent up compared to the last two years,” he claimed.<br /><br />A 20kW solar system is considered feasible as many consumers after consuming low power transfer excess power to K-Electric under a deal for which a separate meter is installed, he explained.<br /><br />The price of 20kW and 30kW solar systems is Rs1.85m and Rs2.8m, respectively, while the price of one kVA branded Chinese generator now costs Rs32,000 as against Rs26,000 some 10 months back, he said. A 2.5kVA power gadget costs Rs52,000-55,000, up by 15pc compared to price prevailing 10 months back, he added.<br /><br />Mr Shahzada attributed the hike in generator prices to rising freight charges, global container shortages and soaring copper and steel prices which had offset the impact of low import cost on account of gaining rupee against the dollar in the last nine months.<br /><br />In August 2020, one dollar was equivalent to Rs168.71 as compared to current inter-bank rate of Rs152-153.<br /><br />Talking to Dawn, Pakistan Machinery Merchants Group (PMMG) President Khurram Saigal said household consumers and small and medium enterprises (SME) are reluctant to purchase generators due to a slowdown in loadshedding in the last few years. “High generator prices and consumer focus towards solar systems has hit sales of these machine. Sales to SMEs are down by 70pc in the last two years,” he claimed.<br /><br />Riaz Haqhttps://www.blogger.com/profile/00522781692886598586noreply@blogger.comtag:blogger.com,1999:blog-5848640164815342479.post-14459139929330508772021-05-07T20:30:36.550-07:002021-05-07T20:30:36.550-07:00State Bank of #Pakistan has provided Rs36 billion...State Bank of #Pakistan has provided Rs36 billion in financing for 521 #renewableenergy projects producing approximately 850MW. It offers financing options ranging from Rs400 million to Rs6 billion for a range of entities and persons #solar #wind #hydro https://www.dawn.com/news/1622092 <br /><br /><br />The State Bank of Pakistan (SBP) has been providing financing on a large scale to promote renewable energy that helped Unilever Pakistan run its 30 per cent plants on renewable energy, central bank governor Dr Reza Baqir said on Tuesday.<br /><br />Addressing a joint webinar hosted by the SBP and Unilever Pakistan to create awareness about the former’s Financing Scheme for Renewable Energy (FSRE), Dr Baqir said that as of February 2021, financing of around Rs36 billion has been extended for 521 projects producing approximately 850MW.<br /><br />Financing for sustainable development is the need of the hour and financial institutions have a crucial role in this area, he added.<br /><br />FSRE aims to encourage investments for clean energy in Pakistan, the SBP governor said, adding that this is part of the country’s efforts to diversify the energy mix and reduce climate change impact.<br /><br /><br />The scheme offers varied financing options ranging from Rs400 million to Rs6 billion for a range of entities and persons, he said.<br /><br />This includes captive energy units as well as commercial projects and individual consumers who may share excess production with the national grid.<br /><br />The SBP issued its FSRE in 2016 and based on positive feedback the scheme was revised in July 2019. The SBP also introduced a Sharia-compliant version of this scheme in August 2019. The scheme aims at meeting Pakistan’s growing electricity demand through renewable energy and promoting clean energy projects as part of Sustainable Development Goals (SDGs).<br /><br />It promotes the use of indigenous resources such as wind, solar and hydro power to generate electricity as well as encourages the use of renewable energy at consumer level.<br /><br />Dr Baqir said that Pakistan faces challenge as a result of climate change and adopting prevention strategies are of paramount importance. In this regard the SBP has issued FSRE with a view to promoting renewable energy projects.<br /><br />He highlighted the key features of the scheme that can be beneficial for the stakeholders ranging from the corporate to the individuals. The scheme has evolved over time and received strong response, said Dr Baqir urging participants to benefit from this facility.<br /><br />He said that mobilisation of financial resources towards resource efficient and sustainable avenues would play a central role in mitigating climate change. Pakistan is member of Global Sustainable Banking Network (SBN) since 2015 and green and sustainable finance policies are being aligned with global environmental and social standards and best practice.<br /><br />In his address, Chairman & CEO Unilever Pakistan Amir Paracha said FSRE offered tremendous social and business value to companies and producers both in terms of their environmental footprint and cost savings ambitions.<br /><br />As part of this financing scheme, Unilever availed a loan of Rs833m through Standard Chartered Bank to set up 8.85MW of renewable energy production facilities across four factories in Punjab.<br /><br />This effort is in line with Unilever’s global mission for carbon neutrality and sustainability in its manufacturing process. Unilever has committed to remove carbon emissions from operations by 2030, as well as net zero emissions from their products by 2039, which will be 11 years ahead of the 2050 Paris Agreement.<br /><br />The webinar was attended by various chambers, media organisations, presidents and CEOs of banks, energy experts, representatives of Pakistan Business Council and senior officials from the SBP.<br /><br />Riaz Haqhttps://www.blogger.com/profile/00522781692886598586noreply@blogger.comtag:blogger.com,1999:blog-5848640164815342479.post-31869318934228307392021-03-25T16:30:33.142-07:002021-03-25T16:30:33.142-07:00Pakistan’s installed PV capacity will likely incre...Pakistan’s installed PV capacity will likely increase from around 1.3 GW at the end of 2019 to 12.8 GW by 2030 and 26.9 GW by 2047, according to the Indicative Generation Capacity Expansion Plan – IGCEP 2047, which was recently published by the National Electric Power Regulatory Authority (NEPRA).<br /><br /><br />https://www.pv-magazine.com/2020/05/01/pakistani-regulator-expects-solar-capacity-to-hit-27-gw-by-2047/<br /><br />NERPA's base-case scenario predicts that overall generation capacity will grow from 33,000 MW in 2020 to around 168,200 MW in 2047. But coal and hydropower will still account for 36% and 42% of total capacity, at 32,948 MW and 55,836 MW, respectively.<br /><br />By 2030, the share of wind and solar in the overall energy mix will likely increase from about 3% in 2020 to 23%. “Beyond 2030, share of solar and wind plants decreases due to the increase in the number of new local coal-based plants having greater capacity factors,” NERPA said.<br /><br />However, it also acknowledges that wind and solar are becoming the cheapest forms of new electricity generation. “They are set to replace the conventional fuels to great extent for power generation to meet the future demand growth,” NEPRA said. “The cheaper and widely accessible renewable energy has the potential to substantially decrease the reliability of power sector on expensive imported fuels.”<br /><br />The organization also predicts that solar power plant capex in Pakistan will drop from $530/kW in 2020 to $371/kW by 2030. A global outlook report that was recently published by SolarPower Europe also predicted that Pakistan will deploy close to 5 GW of solar capacity by 2022.<br /><br />Riaz Haqhttps://www.blogger.com/profile/00522781692886598586noreply@blogger.comtag:blogger.com,1999:blog-5848640164815342479.post-2720438514494618372021-03-22T18:52:50.609-07:002021-03-22T18:52:50.609-07:00Renewable energy is the cornerstone of our future ...Renewable energy is the cornerstone of our future energy needs. In particular, solar energy is beingutilized at a faster pace than ever. Floating Solar Photovoltaics (FSPV) has recently gained traction as asuitable alternative of land-based large scale PV installation. It is a promising technology to utilize watersurfaces for placing solar plants. Not only it utilizes the water as real estate but it has several otheradvantages as well. For example, FSPV can use the existing transmission and distribution infrastructurethat is the part of hydroelectric power plants. In this paper, we evaluate an FSPV plant and its integrationwith the existing hydroelectric power station of a small reservoir in Pakistan. We have investigated the500 kV, 132 kV and 11 kV voltage levels for the integration of FSPV plant. Moreover, we have devised ahydro-solar optimization model for the efficient utilization of energy. The combined system consisting ofhydroelectric and 200 MWp FSPV produces more than 3.5% additional power overall when comparedwith production of only hydroelectric power. More importantly the FSPV generation coincides with thedaily mid-day peak load thus works as a peaker plant for the national grid<br /><br />https://www.researchgate.net/publication/331808150_Integrating_Floating_Solar_PV_with_Hydroelectric_Power_Plant_Analysis_of_Ghazi_Barotha_Reservoir_in_Pakistan<br /><br />--------------<br /><br />Integrating Floating Solar PV with Hydroelectric Power Plant:<br />Analysis of Ghazi Barotha Reservoir in Pakistan<br /><br />Temperature function for a long-term district heat demand forecast<br /><br />Introducing a Floating Solar PV plant in a huge hydroelectric dam reservoir can be a revolutionary step in the field<br />of renewable energy systems. Floating Solar PV, having a reasonable power generation potential, if implemented on<br />Ghazi Barotha dam reservoir, can play a vital role in sufficing the peak load demand encountered by Ghazi Barotha<br />hydroelectric power plant.<br />The Dam has two heads with a storage capacity sufficient for daily requirement of 4 hours peak demand. On<br />average three out of five generating units operate for normal load conditions, and according to WAPDA records[14],<br />on average individual unit produces around 150 MW. The storage capacity of hydroelectric reservoir is utilized when<br />demand is at peak and according to daily load curves we have two peaks in 24 hours a day. First peak is around 10:00<br />- 15:00 and the second is 19:00 - 22:00, in some cases we cannot provide our peak demand because the storage has<br />already been used in the previous peak hours, a solution of the problem of not having stored capacity for peak demand<br />is to add one more generating unit connected to a floating photovoltaic power source of 200 MW (which is the<br />estimated output of Ghazi Barotha Dam reservoir I & II, covering 20% of the total area) installed on the Dam reservoir,<br />during day we could meet our peak demand with FSPV and night peak with hydro power. Moreover, no new<br />infrastructure is required in terms of transmission line. The same transmission line can be used for the peak demand.<br />Adding a 200 MW at this site will solve our problem of peak demand in morning and such solar plant could save the<br />additional costs associated with installing solar power plant any place else i.e. transmission and distribution costs. It<br />is assumed that the base load demand is always catered by the power from the hydroelectric plant. Floating Solar PV<br />plant becomes a peak demand source during daytime<br /><br />Riaz Haqhttps://www.blogger.com/profile/00522781692886598586noreply@blogger.com