Chinese firm commits to optimising solar PV market
Will generate 1,111.44MW, purchase and implementation deals also signed. PHOTO: AFP
China’s leading solar solutions provider LONGi and three certification and testing institutions, including SGS (Shanghai), SGS (Qingdao) and Intertek, signed an agreement on strategic cooperation in Shanghai recently.
Under the deal, they will strengthen cooperation in the fields of PSI+COC certification and testing necessary for the entry of photovoltaic modules into Pakistan’s market.
The institutions will carry out standardised management of module certification and testing with LONGi. The three certification and testing institutions will need to obtain written testing authorisation from LONGi before they can carry out product testing and certification.
It was agreed that the four parties would crack down on counterfeit LONGi products from the source, thus protecting the rights and interests of customers and ensuring the sustainable development of LONGi’s panel business.
PV power generation, as the best choice to solve Pakistan’s power shortage and optimise its energy structure to a great extent based on fossil fuels, while saving the foreign exchange required for energy imports, has vast potential for future development.
From 2012 to 2022, LONGi produced a total of 290GW of PV products, with cumulative output of clean electricity exceeding 1,148,287GWh.
According to the IEA’s global power grid average emission factor, it is equivalent to avoiding 536 million tons of carbon dioxide emissions.
As for Pakistani market, both distributed and centralised PV products have a market segment demand. Distributed PV systems such as rooftop solar installations on residential, commercial and industrial buildings have been gaining popularity.
LONGi Solar General Manager Pakistan Ali Majid mentioned that net metering policies and incentives had been introduced to promote distributed generation and allow consumers to offset their electricity bills by exporting excess power back to the grid.
According to Pakistan’s IGCEP, the cumulative installed capacity of photovoltaics will reach 12%, or 13.2GW, by 2030 and the government will continue to provide maximum support for renewable energy projects.
THE ARTICLE ORIGINALLY APPEARED ON THE CHINA ECONOMIC NET
Published in The Express Tribune, July 2nd, 2023.
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