- Farms, industries, homes switch to cheaper, renewable power
- Debt-ridden generators, grid could destabilize the economy
By Faseeh Mangi, Bloomberg
There’s a shiny new addition to Pakistan’s dusty agricultural heartland: rows upon rows of solar panels.
Imports of solar equipment from China in the first nine months are well ahead of those for the whole of 2023, according to data compiled by BloombergNEF. The $1.7 billion of purchases would equate to 17 gigawatts of generation, more than a third of Pakistan’s total power capacity, if it’s all deployed on rooftops and farms across the country, according to industry estimates.
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