Pakistan can generate 2.9 million MW clean energy from solar power: minister


LAHORE: The three-day 8th Edition of Solar Pakistan and 2nd Edition of Electricity Pakistan were started on Thursday under one platform of International Exhibition for Renewable Energy. The Solar Industry mega show, which was organised by the FAKT Exhibitions, will last till Saturday, March 30.

Punjab Provincial Minister for Industries, Commerce and Investment Mian Aslam Iqbal inaugurated the historic, mega solar show along with the LCCI President Almas Haider and FAKT Exhibitions CEO Saleem Khan Tanoli.

On this occasion, the minister observed that Pakistan has the potential to generate 2.9 million megawatts of clean energy annually from solar, 340,000 megawatts from wind and 100,000 megawatts from hydropower.

Stressing the need for renewable energy, the minister said that the country has tremendous potential to generate power through wind, hydro and solar. He observed that renewable energy would bring manifold benefits to the national economy as it would reduce the cost of doing business, promote industrialization, encourage investment, create plenty of new jobs and enhancing exports. He said that green energy sources like wind and solar were getting a key focus on the global level as they were viable sources of energy at affordable cost.

He said that in the present situation, a fusion of domestic renewable generation and power storage technology seems to be an expeditious, efficient, and affordable answer, which can also cut the costs, incurred in the expansion, operation, and maintenance of the power infrastructure, down to almost a nought.

Mian Aslam Iqbal appreciated the organizers for holding such a mega exhibition for renewable energy, developing into a major platform for Solar Industry. He hoped the event would employ the best practices that are recognized worldwide to compete on international standards.

FAKT Exhibitions CEO Saleem Khan Tanoli stated that more than 100 exhibitors have showcased their products from over 10 countries, including China, Indonesia, Thailand, Malaysia, Germany, Korea, Italy, Turkey, Taiwan, United Arab Emirates, Pakistan and the USA.

The CEO said that the exhibition has provided the latest and state of the art technology and equipment used in the solar industry. He also stated that Solar Pakistan 2019 is a premium platform for all renewable energy stakeholders, government regulators, associations and academia to enhance business networking, knowledge sharing and to build profitable relationships in the long run. The Solar Pakistan 2019 aimed at promoting trade between Pakistan and international countries in order to support the economy. The exhibition showcased modern equipment and technology with tremendous foreign participation and is bound to help the growth of Pakistan’s promising solar industry.