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Tuesday, November 5, 2024

Home Pakistan Punjab govt seeks to manufacture solar panels in collaboration with Chinese companies

Punjab govt seeks to manufacture solar panels in collaboration with Chinese companies

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LAHORE – Punjab government stays ahead of other governments in promoting solar energy as part of their efforts to reduce carbon emissions and combat climate changes, and now government aims to establish solar panel factories.

Minister for Industry and Commerce Shafay Hussain has affirmed strong commitment to promote the local manufacturing of solar panels in the region. During a meeting with a delegation from Chinese solar company, the minister discussed establishment of solar panel factories in Punjab – emphasizing the government’s keen interest in clean energy.

Minister also highlighted eagerness of Chinese companies to invest in Punjab’s solar energy sector and the government’s commitment to providing them with necessary support.

Pakistan also eyes to form long-term policy to encourage investment in solar energy sector, noting that Chinese companies have expressed their willingness to invest, making this an opportune time for solar energy investment in Punjab.

Update on Solar net metering policy

Amid the sepcualtions over solar net-metering policy, Federal Minister for Energy Awais Ahmad Khan Leghari cleared air that government has no plans to end the which allows consumers to sell excess electricity generated by their solar systems.

Minister dismissed reports suggesting a shift to a new gross-metering mechanism, stressing the government’s commitment to promoting solar power, citing its initiation by PML-N leader Nawaz Sharif.

He further assured that consumers with existing net-metering contracts would not be affected and that any policy changes would involve stakeholder consultation. He also addressed drop in electricity demand and expressed hope for a plan to tackle power theft in KP.