NewEnergyNews: PAKISTAN IN BIG SOLAR MOVES

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    Friday, January 09, 2015

    PAKISTAN IN BIG SOLAR MOVES

    Sun Shines on Union Between Solar Power and Electric Grid in Pakistan; mid a worsening energy crisis, Pakistan has approved the use of grid-connected solar energy, rooftop solar installations and mortgage financing for home solar panels to boost uptake of clean energy in the country.

    Aamir Saeed, January 6, 2015 (Reuters via Scientific American)

    “Amid a worsening energy crisis, Pakistan has approved the use of grid-connected solar energy, rooftop solar installations and mortgage financing for home solar panels to boost uptake of clean energy in the country…The government has also reversed course and eliminated a 32.5 percent tax imposed on imported solar equipment in the country's 2014-2015 budget…to bring down the cost of installing solar panels…The approval of net-metering – which allows solar panel purchasers to sell power they produce to the national grid - is a major breakthrough that could spur use of solar energy and help Pakistan's government cut power shortages…[The new policies are reportedly the result of] pressure from business owners, the public and media…Currently, Pakistan's rural areas face blackouts of over 11 hours a day while urban areas suffer up to eight hours of daily power cuts. The total power shortfall stands around 6,000 megawatts…” click here for more

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