An Overview of What Solar Energy means for Pakistan

Pakistan for years has been struggling to generate enough electricity to cater the needs of the whole nation. The businesses have suffered, and the economy has taken a massive toll. The country uses coal, hydropower, natural gas, and nuclear energy as the main sources to produce energy, but these are highly dependent upon factors such as exploration and availability of reserves, which itself is a task for a developing country. Pakistan has one of the highest levels on insolation in the world, with daily sunshine ranging from eight to nine hours. However, the country has been lagging compared to the rest of the world in adopting the technology.

How can the solar energy be beneficial for Pakistan? Firstly, because of the suffering economy the country has to fulfil the energy demand as quick as possible. The solar plants take the shortest time to set up, compared to hydroelectric projects which take around ten years and thermal projects which take around two to four years. The opportunity cost of not having power for this amount of time is massive.

 Secondly, another benefit of having solar energy is non-dependency on fuels for which the prices are correlated with the oil prices. Especially for a developing country like Pakistan it will assist in saving money, as it is highly dependent on high volume of energy imports. Thirdly, Pakistan is the fifth most vulnerable country to Climate change. Therefore, transforming to renewable energy could be helpful in reviving the climate and future of the country.

Good news is that the current government of Pakistan under the rule of Prime Minister Imran khan has taken steps towards adapting the renewable source of energy. The government announced that by 2030 the renewable energy would count 30 percent of the total energy production of the country. ZONERGY has already teamed up with Pakistan in its road to development and has installed a solar power park of 300MW, and is preparing to further set up 600MW in the future. The country will catch up with the rest of the world in adapting Solar Energy in the near future.