Solar Energy Expo finalises deals worth Rs2.5 billion

Dastgir also announces upcoming project for local manufacturing of solar panels


Our Correspondent June 06, 2023
PHOTO: AFP

LAHORE:

The second International Solar Energy Meet (ISEM) Expo and IEEEP IREM Expo, held at Expo Centre Lahore, concluded with deals worth over Rs2.5 billion, showcasing the increasing interest in solar energy and alternative power solutions. The exhibition brought together more than 150 national and international companies, manufacturers, and distributors to showcase their products and discuss ways to address Pakistan’s energy crisis.

With attendance exceeding 12,000 visitors, the event aimed to facilitate a meaningful dialogue on renewable energy options and provide a platform for industry players to collaborate in overcoming the country’s energy challenges. A conference organised by White Paper Summits and the Institution of Electrical and Electronics Engineers Pakistan (IEEEP) featured expert speakers sharing case studies, technical presentations, and insights on solutions for Pakistan’s power and renewable energy sector.

Pakistan’s heavy reliance on imported fossil fuels, which account for 60% of the energy mix, coupled with a depreciating rupee, has exacerbated the energy crisis. The country’s current share of green energy is a mere 5 to 6%, despite the significant potential for leveraging clean energy resources.

Recognising the need for a long-term approach, Federal Minister for Energy, Khurram Dastgir Khan emphasised the government’s commitment to allocating resources and efforts towards mitigating carbon emissions. He highlighted the importance of events like ISEM and IREM in promoting renewable and wind energy, reducing power costs, and announced an upcoming project for local manufacturing of solar panels.

The IEEEP IREM Expo focused on various sectors, including power transformers, power technology, capacitors, batteries, renewable energy, and more. The conference sessions provided valuable networking opportunities and knowledge exchange for industry professionals.

Published in The Express Tribune, June 6th, 2023.

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