May 08, 2017
President Pakistan Businessmen and Intellectuals Forum (PBIF), President AKIA, Senior Vice Chairman of the Businessmen Panel of FPCCI and former Provincial Minister Mian Zahid Hussain on Monday said many countries are paying extra attention to the solar power except for Pakistan.
China, US, Japan and India tops the race for solar power as these nations have 73 percent share on global solar output while India is set to double its output to overtake Japan shortly but policymakers in Pakistan seems least bothered, he added.
Former Minister said that China leads the world in the solar energy and it has boosted its capacity by 80 percent in the last three months boosting its capacity to 89 gigawatt.
Government should ensure establishment of wind and solar parks alongside the CPEC for which Pakistan has good potential, he said, adding that according to some experts Pakistan can generate three million megawatt of power through this infinite source of clean energy.
Veteran Business Leader said that installation of solar power plants has become economical while it will become the cheapest source of energy within three years that is why countries are paying special attention to it.
Presently the solar power is three times cheaper than the thermal power while its rate will go down further in short span making it favourite source of electricity especially for those who are not linked to the national grid, he said.
President PBIF called upon the authorities to pay attention to the solar power which can resolve many outstanding issues including scarcity of the energy in the country.
