The Future of Solar Energy in Pakistan
In recent times a massive turnout in solar installation projects has been seen. This increasing number is due to the benefits that solar energy has to offer not just to individual households but also industrially. Pakistan’s energy landscape has revolutionized through solar solutions in a significant way. It has been proven to be a reliable power supply with a promise of a sustainable environment.
Pakistan is a land known for its weather witnessing all four seasons in full bloom. Besides that the sunlight in abundance makes it ideal for harnessing solar energy and taking up space in the sustainable energy sector. Do read this blog if you want to get an insight into what future solar energy holds along with the opportunities that it will flourish in Pakistan.
Pakistan On the Way to Harness Solar Energy
With an increasing inflation rate, everybody looks to adopt ways to meet their household needs that are also lighter on the pocket as well. An alternative to electricity solar solutions are a reliable source to enjoy uninterrupted power supply. More and more people from residential to industrial sectors are moving towards solar installation. Only 1% is contributed by solar energy to Pakistan’s total energy percentage. However, it is quick to predict the future as the government is taking measures to increase this percentage significantly. It has been said that 30% of energy will be produced by renewable sources which will include a huge contribution of solar energy in its percentage. A net metering program has also been launched. Through net metering, the residential and industrial areas will be made capable of generating their electricity from solar panels. In this way, excess energy will be given back to the grid stations. Several other programs and policies similar to the one stated here are being practiced to promote solar energy in Pakistan.
The current percentage may not be a big one but notable progress has been already made to harness solar energy. Multiple projects are underway that will function completely through solar solutions. Quaid-e-Azam Solar Park in Bahawalpur is on the way to making a breakthrough in the energy sector as it holds a capacity of 1000 MW. A Renewable Energy Development Fund has also been made at the government level to support the development of renewable energy projects including solar energy projects as well. The estimated potential of solar energy in Pakistan is 2.9 million MW which is enormous. We can say that a bright future of solar energy in Pakistan lies ahead!
Blooming Opportunities of Solar Energy In Pakistan
Solar solutions are turning the table not only in the renewable energy sector but also in providing employment opportunities. The future of solar energy in Pakistan in this way is ensured to be something to cherish in terms of solar. The following sectors and opportunities are what we foresee in the longer run for driving Pakistan’s energy sector in a fast-forward way. Have a look.
– Rural Electrification
A viable solution for rural electrification in Pakistan is brought into being through solar energy. As we all know rural areas have little to no reliable source of electricity. In this regard, the installation of solar panels will prove to be a sustainable power supply that is also budget-friendly.
– Revolution of the Industrial Sector
A large amount of energy is consumed by the industrial sector of Pakistan. If this consumption is shifted to solar energy a more sustainable and cost-effective solution for large-scale businesses to get their energy needs fulfilled.
– Energy Security
A more secure and reliable way to reduce Pakistan’s dependence on imported oil and gas solar energy solutions are the best option to go with. The import bill will be reduced along with a constant and reliable power supply. As a result, the economic conditions of Pakistan will witness a rise in a significant manner.
– Job Creation
The services like installation, maintenance, and operation of solar panels are resulting in an increased rate of employment. This is another beneficial factor for the growth of the solar industry in Pakistan. In this way solar industry is leading the race to become a visible employer creating jobs for workers regardless of their experience level.
Challenges in The Way to Adopt Solar Energy in Pakistan as a Primary Source
Without any second thought, we can say that the future of solar energy in Pakistan seems to be praiseworthy. However, to get there several challenges are in their way. The major difficulties for solar to become the future alternative to electricity are as follows:
– Policy Environment
The solar industry suffers from a lack of investment because the policy issue in Pakistan is not reliable. To deal with it an innovative policy issue must be proposed at the government level to bring more and more investment to the solar industry.
– Lack of Knowledge
Solar solutions are becoming common among the people but at the same time, several individuals are unaware of the benefits of solar energy and its seamless working. To increase awareness regarding sustainable solar power, campaigns educating its benefits must be initiated. It will help to promote solar energy in Pakistan on a wide scale.
– Financing
Due to the limited options of financing for solar energy projects the residential and industrial areas find it difficult to get affordable loans or other financing options for solar installation.
The problems discussed above can be resolved if collective efforts are made. A small percentage of the problems must not overshadow the benefits of solar energy.
Drawing Conclusion
To conclude, the future of solar energy in Pakistan offers a competitive growth rate to the energy sector. From witnessing an increase in the employment rate to reducing the import bill of Pakistan solar power is a promising solution to Pakistan’s energy crisis. People running the solar industry must invest their time and efforts to create awareness regarding the benefits of solar energy to get a massive amount of investment. A bright and promising future of solar energy in Pakistan is just a few steps away!
