CHINT Power signs deals with PV firms

Under contracts, Pakistani partners will distribute 200MW of inverters

BEIJING:

Chint Power recently signed cooperation agreements with two photovoltaic (PV) companies for the distribution of 200 megawatts of inverters.

Chint Power introduced industrial and commercial PV, ground power plant PV and energy storage system solutions at SolarEX in Turkey and reached these cooperation deals.

Chint Power is a solar power system solution provider that designs, manufactures, and supplies high-reliability PV inverters and power solutions for customers.

It will work with the two Pakistani partners to explore the local PV market and provide a strong impetus for renewable energy development, Chinese media reported.

As a key node of the Belt and Road Initiative, Pakistan’s abundant natural resources and strategic geographical location offer significant advantages for the development of new energy sources.

In order to further reduce dependence on fossil fuels, the world has begun to develop a sustainable energy industry, and Pakistan is no exception.

Especially in the area of solar PV and wind power generation, the Pakistani government has proposed ambitious goals. They plan to achieve a renewable energy generation share of 20% by 2025 and 30% by 2030.

Published in The Express Tribune, April 13^th, 2024.

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