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development

The Sustainable Solar Infrastructure development in Pakistan

Pakistan is a country endowed with numerous amounts of renewable energy sources. It is on the verge of a significant shift in its energy industry. The country holds immense potential for renewable energy sources such as wind, solar, and biomass, which can help relieve the energy crisis while promoting sustainable development in the C&I areas.... Read more
Wind

Navigating the path to clean energy with Wind vs. Solar Energy

Pakistani businesses or organizations that are considering switching to renewable energy should compare wind and solar options to see which works best for them. Evaluating the impact and effectiveness of these renewable sources is crucial in determining which best aligns with Pakistan's ambitious environmental objectives. This evaluation goes beyond a simple comparison; it involves scrutinizing... Read more
Finances

Solar Firms Say Raising Finances for Projects ‘Most Difficult’

There are incentives as well as monetary benefits to do the right thing for the planet by opting for renewables such as solar energy. However, solar companies say the biggest issue they face is accessing financing to induct solar installations as part of their energy requirements. “Banks are not willing to finance off-balance sheet solar... Read more
solar plants

HOW TO GET SOLAR WITH NO INVESTMENT COSTS

Pakistan’s Commercial and Industrial Sector relies heavily on non-renewable power sources such as diesel and coal to fulfil their electricity needs. However, the non-renewable energy is costly and non-sustainable when it comes to handling daily operations. Furthermore, the low-reliability issues and heavy carbon emissions concerns make it a non-desirable choice, especially for those businesses who... Read more
USAID

USAID Signs MoU With Three Firms

ISLAMABAD: The United States Agency for International Development (USAID) on Monday signed a memorandum of understanding (MoU) with three Pakistani firms aimed at raising $53 million foreign direct investment within the next 9-12 months. The MoU was signed during the “Investment and Climate Summit”, organised by the USAID under its Investment Promotion Activity (IPA). The... Read more
GuarantCo

GuarantCo and Bank Alfalah provide Shams Power with a PKR 1.5 billion (c. USD 5.2 million) finance solution to invest in small solar plants in Pakistan

GuarantCo and Bank Alfalah provide Shams Power with a PKR 1.5 billion (c. USD 5.2 million) finance solution to invest in small solar plants in Pakistan GuarantCo, part of the Private Infrastructure Development Group (PIDG), and Bank Alfalah have provided Shams Power with a PKR 1.5 billion (c. USD 5.2 million) finance solution to support... Read more