Shams Power and Packages Mall are proud to announce a groundbreaking partnership that significantly expands Packages Mall’s solar energy production capacity. This collaboration will see Packages Mall add an additional 1.1MW system to its existing 1.9MW installation, creating a monumental 3MW solar powerhouse at their premises in Lahore. This expansion marks a giant leap forward... Read more
Mondelez Pakistan has partnered with Shams Power to solarize its confectionary and powdered beverages plants and to take the installed capacity to around 2.2 MW of Solar on both sites. This initiative aims to enhance sustainability and reduce carbon emissions. Shams Power will install the equipment, manage the operation and maintenance of the solar systems... Read more
High energy prices and levies are becoming strong drivers for commercial and industrial (C&I) solar projects in Pakistan. Omar Malik, the CEO of Pakistani C&I solar developer Shams Power, speaks with pv magazine about market trends and challenges. C&I power consumers are increasingly deploying solar arrays in Pakistan due to high energy prices and tariffs.... Read more
Pakistan possesses abundant renewable energy resources, poised to catalyse a transformative shift in its energy sector. With vast potential in wind, solar, and biomass, the nation stands at the brink of substantial progress. These renewable sources not only offer a solution to the energy crisis but also pave the way for sustainable development, particularly in... Read more
In Pakistan's commercial and industrial sectors, solar power purchase agreements (PPAs) have become increasingly prevalent. With a solar power potential of 2.9 million MW, Pakistan presents a promising opportunity to harness energy for electricity generation. Thanks to PPAs, the responsibility of operating and maintaining solar systems has been reduced for businesses, providing them with an... Read more
Pakistan is a country endowed with numerous amounts of renewable energy sources. It is on the verge of a significant shift in its energy industry. The country holds immense potential for renewable energy sources such as wind, solar, and biomass, which can help relieve the energy crisis while promoting sustainable development in the C&I areas.... Read more
Pakistani businesses or organizations that are considering switching to renewable energy should compare wind and solar options to see which works best for them. Evaluating the impact and effectiveness of these renewable sources is crucial in determining which best aligns with Pakistan's ambitious environmental objectives. This evaluation goes beyond a simple comparison; it involves scrutinizing... Read more
There are incentives as well as monetary benefits to do the right thing for the planet by opting for renewables such as solar energy. However, solar companies say the biggest issue they face is accessing financing to induct solar installations as part of their energy requirements. “Banks are not willing to finance off-balance sheet solar... Read more
Pakistan’s Commercial and Industrial Sector relies heavily on non-renewable power sources such as diesel and coal to fulfil their electricity needs. However, the non-renewable energy is costly and non-sustainable when it comes to handling daily operations. Furthermore, the low-reliability issues and heavy carbon emissions concerns make it a non-desirable choice, especially for those businesses who... Read more
ISLAMABAD: The United States Agency for International Development (USAID) on Monday signed a memorandum of understanding (MoU) with three Pakistani firms aimed at raising $53 million foreign direct investment within the next 9-12 months. The MoU was signed during the “Investment and Climate Summit”, organised by the USAID under its Investment Promotion Activity (IPA). The... Read more