Such great news19 Apr 2023 10:57
In my research around coal for Pak, solar comes up a lot. I never posted it because it was not relevant at the time, but there is a big push for solar power in Pak. This is great news. No more waiting around for the government to come to its senses, we make our own destiny.
In 2022, China’s photovoltaic module exports to ****stan has reached approximately USD 870 million, with a total installed capacity of 3.2GW, a year-on-year increase of 54 percent and 37 percent, respectively,” emphasized LiuYiyang. The ****stan Solar Association (PSA) forecasted that the country’s import demand for photovoltaic products this year will be around USD 1.8 billion.
Growing number of companies and organizations are catching the tide, showing an increase by leaps and bounds of ****stan’s solar consumption. “****stan’s Solar Energy Market is expected to record a CAGR of 2.5 percent during the period from 2022 to 2027, with Net Metering Based Solar Installations and Power Generation grew by 102 percent and 108 percent respectively,” a KTrade Securities analyst told China Economic Net.
It bodes well for ****stan. However, such a skyrocket does not mean that the market is saturated and the demand is being met. NEPRA data showed that ****stan’s per capita annual electricity consumption of 644 kilowatt-hour (kWh) is among the lowest in the world, which is only 18 percent of the world average, 7 percent of the developed countries' average, and yet, as of December 2022, ****stan’s total domestic installed power capacity is 43,775 MW, of which photovoltaic installed capacity is 630 MW, accounting for about 1.4 percent only, representing huge opportunities to be tapped.
http://en.ce.cn/Insight/202304/12/t20230412_38494373.shtml
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