Home »Business and Economy » Pakistan » Businesses and individual consumers: ‘solar energy offers security, independence’

  • News Desk
  • Jan 13th, 2016
  • Comments Off on Businesses and individual consumers: ‘solar energy offers security, independence’
Solar energy today offers energy security and independence to both businesses and individual consumers in Pakistan. With lower cost than grid electricity, smaller set up time and smoother integration with existing energy systems, the technology offers a viable solution to create a diversified and greener energy mix. Pakistan is located on a sun-belt with potential capacity for solar photovoltaic installation at 1,600 GW, which is 40 times greater than the present consumption. Inam-ur-Rahman, CEO Reon Energy Limited, said: "With decreasing panel costs and the recent climate change talks in Paris, it is imperative that Pakistan follows suit and invests itself further into these technologies. "

-PR

Copyright Business Recorder, 2016


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