ISLAMABAD: Pakistan is now the sixth-largest solar market in the world and its “rapid adoption” of solar energy provides valuable lessons for emerging markets, a World Economic Forum report said this week as Islamabad tries to dodge rising fuel prices through renewable energy resources.
Pakistan’s energy sector has long struggled with financial strain due to circular debt, power theft and transmission losses, leading to blackouts and high electricity costs.
Experts say Pakistan has ideal climatic conditions for solar power generation, with over nine hours of sunlight in most parts of the country. According to the World Bank, utilizing just 0.071 percent of the country’s area for solar photovoltaic (solar PV) power generation would meet Pakistan’s electricity demand.
According to the National Electric Power Regulatory Authority, currently, only 5.4 percent of Pakistan’s installed power generation capacity of 39,772 megawatts comes from renewables like wind, solar and biomass, while fossil fuels still make up 63 percent of the fuel mix, followed by hydropower at 25 percent.
“The country is now the world’s sixth-largest solar market,” WEF said in its report published on Monday. “Declining solar panel prices, coupled with skyrocketing grid electricity tariffs that have increased by 155 percent over three years, are fueling a rush in renewable energy adoption in Pakistan, with solar power leading the way.”
The report highlighted that Pakistan’s move to adopt solar energy was driven by external factors such as China’s overproduction of solar panels, which had lowered the costs for Pakistan, making the country the third-largest destination for Chinese solar exports.
“Industrial, agricultural and residential sectors have embraced solar, with imported Chinese modules totaling 13 gigawatts (GW) in the first half of the year, and forecasts reaching 22GW by year-end,” the report said.
The WEF said the inability of state-owned energy providers to provide a stable supply and the government’s inconsistent energy policy characterized by ” inefficiencies in production, pricing and regulations” has deepened Pakistan’s energy crisis, aiding in the usage of solar energy.
“Grid electricity demand dropped by more than 10 percent in the past fiscal year as inflated tariffs burden consumers with covering inefficiencies,” the report added. “This trend has sparked a wave of solar adoption among industrial, commercial and private users who can afford self-generation.”
Supportive policies like offering credit for solar in off-grid areas and unbundling customer categories can also boost renewable energy adoption, it said.
“Pakistan’s journey underscores the importance of balancing policy innovation with market adaptation to drive sustainable and equitable energy solutions,” the WEF report concluded.
World Economic Forum says Pakistan now world’s sixth-largest solar market
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World Economic Forum says Pakistan now world’s sixth-largest solar market
- Pakistan’s “rapid adoption” of solar energy provides valuable lessons for emerging markets, says WEF
- Says declining solar panel prices, skyrocketing electricity tariffs reasons for Pakistan pursuing solar energy
Security forces kill nine Pakistani Taliban militants in restive northwest, military says
- The militants were killed in separate operations in Khyber Pakhtunkhwa's Dera Ismail Khan and Bannu districts
- Pakistan this week summoned Afghanistan’s deputy head of mission to demand action against the Pakistani Taliban
ISLAMABAD: Pakistan security forces have killed nine Pakistani Taliban militants in two separate engagements in the northwestern Khyber Pakhtunkhwa (KP) province, the military said on Sunday, amid a surge in militancy in the region bordering Afghanistan.
Four militants were killed in an intelligence-based operation in KP's Dera Ismail Khan, while five other Pakistani Taliban members were gunned in an exchange of fire with security forces in the Bannu district, according to the Inter-Services Public Relations (ISPR), the military's media wing.
Weapons and ammunition were also recovered from the deceased "Indian-sponsored" militants, who remained actively involved in numerous activities against security forces and law enforcement agencies and target killing of civilians. There was no immediate response from India to the statement.
"Sanitization operations are being conducted to eliminate any other Indian sponsored kharja [militant] found in the area," the ISPR said in a statement. "Pakistan will continue at full pace to wipe out menace of foreign sponsored and supported terrorism from the country."
KP has seen a surge in militancy in recent years, with the Pakistani Taliban, or the Tehreek-e-Taliban Pakistan (TTP), and other militant groups frequently targeting security forces convoys and check-posts, besides targeted killings and kidnappings of law enforcers and government officials.
Pakistan this week summoned Afghanistan’s deputy head of mission and demanded “decisive action” against the TTP after four Pakistani soldiers were killed in an attack on a military camp in KP’s North Waziristan district that also killed four assailants, according to the Pakistani foreign office.
Islamabad has long accused Kabul of allowing its soil and India of backing militant groups, including the TTP, for attacks against Pakistan. Kabul and New Delhi have consistently denied this.
The uptick in militant violence triggered fierce clashes between Pakistan and Afghanistan in Oct. The two countries agreed to a ceasefire in Doha on Oct. 19, but tensions remain high between the neighbors.
