Is Pakistan Ready For Clean Energy Revolution?
Rising worries about climate change have recently made me join the Clean Energy Revolution by installing rooftop solar and leasing an electric car. What is the Clean Energy Revolution? It is the growing use of solar panels, battery storage and electric vehicles to reduce carbon emissions. Is Pakistan ready to join the Clean Energy Revolution?
Tesla Electric Cars:
Silicon Valley is at the forefront of this clean energy revolution led by Tesla. Tesla is more than an electric car company; the company also supplies solar panels and batteries. Other automakers are also taking their cues from Tesla. China's BYD Auto has only recently been surpassed by Tesla in production volumes. Auto giants General Motors and BMW are both building electric cars and planning to build "gigafactories" like Tesla's to manufacture battery packs for vehicles and homes. Pakistan is building up renewable power generation capacity. The country has also recently announced its National Electric Vehicle Policy that offers incentives to transition to clean energy.
Bloomberg estimates that Batteries and electric transmission account for about 40% of passenger cars’ costs. European demand is met by mainly Japanese and South Korean battery makers like Panasonic, LG Chem Ltd. and Samsung SDI Co. In the U.S., Tesla has built its own battery cells at its Gigafactory to manage costs and satisfy demand for the cars it produces. Chinese demand for battery packs is met by BYD.
Battery Backed Renewable Energy Costs:
High-capacity battery pack costs have dropped nearly 40% since 2015, according to Wood Mackenzie data as reported by Wall Street Journal. The prices of lithium and vanadium—two of several key raw materials that are used in such batteries—also have declined over the past year or so.
Battery storage costs have fallen nearly 90% in the past decade, according to NextEra Energy. Cost reductions are expected to continue to only $8 to $14 per MW-hour by 2020, or about a penny per kW-hour. For perspective, the average kW-hour of electricity costs about 13 cents for retail users.
NextEra Energy forecasts that post-2023, wind plus energy storage costs will be $20 to $30 per MW-hour, and solar plus energy storage will be $30 to $40 per MW-hour. Natural gas is expected to match the solar-plus-storage costs.
Pakistan Electric Vehicle Policy:
Pakistan has a low level of motorization with just 9% of the households owning a car. Nearly half of all households own a motorcycle. Motorization rates in the country have tripled over the last decade and a half, resulting in nearly 40% of all emissions coming from vehicles. Concerns about climate change and environmental pollution have forced the government to to take a number of actions ranging from adoption of Euro6 emission standards for new vehicles with internal combustion engines (ICE) since 2015 and announcement of a national electric vehicle (EV) policy this year.
Private vehicle ownership in Pakistan has risen sharply over the last 4 years. More than 9% of households now own cars, up from 6% in 2015. Motorcycle ownership has jumped from 41% of households in 2015 to 53% now, according to data released by Federal Bureau of Statistics (FBS) recently. There are 32.2 million households in Pakistan, according to 2017 Census.
Pakistan's National EV Policy is a forward looking step needed to deal with climate concerns from growing transport sector emissions with rapidly rising vehicle ownership. It offers tax incentives for buyers and sellers. It also focuses on development of nationwide charging infrastructure to ease adoption of electric vehicles.
Low Carbon Energy Growth:
In recent years, Pakistan government has introduced a number of supportive policies, including feed-in tariffs and a net metering program to incentivize renewables. These have been fairly successful, and renewables capacity in the country surged substantially over 2018 when 1245 MW was added, of which 826MW was contributed by the solar sector, according to Fitch Solutions.
Pakistan’s Alternative Energy Development Board (AEDB) recently signed deals for projects that will see the country expand its wind power capacity by 560 MW. Fitch Solutions forecasts Pakistan's solar capacity to grow by an annual average of 9.4% between 2019-2028, taking total capacity over 3.8GW by the end of our forecast period.
Sindh government has recently signed a deal for 400MW solar park at Manjhand, 20MW rooftop solar systems on public sector buildings in Karachi and Hyderabad, and 200,000 solar home systems for remote areas in 10 districts of the province. The project is estimated to cost USD105million, with the World Bank funding USD100 million.
The biggest and most important source of low-carbon energy in Pakistan is its hydroelectric power plants. Pakistan ranked third in the world by adding nearly 2,500 MW of hydropower in 2018, according to Hydropower Status Report 2019. China added the most capacity with the installation of 8,540 megawatts, followed by Brazil (3,866 MW), Pakistan (2,487 MW), Turkey (1,085 MW), Angola (668 MW), Tajikistan (605 MW), Ecuador (556 MW), India (535 MW), Norway (419 MW) and Canada (401 MW).
Hydropower now makes up about 28% of the total installed capacity of 33,836 MW as of February, 2019. WAPDA reports contributing 25.63 billion units of hydroelectricity to the national grid during the year, “despite the fact that water flows in 2018 remained historically low.” This contribution “greatly helped the country in meeting electricity needs and lowering the electricity tariff for the consumers.”
Chinese BYD in Pakistan:
Multiple media reports suggest that China's BYD is about to enter Pakistan market following the announcement of Pakistan National EV Policy. These reports indicate that Toyota, one of the largest automakers in Pakistan, has signed a deal with BYD to manufacture electric vehicles.
Other reports indicate that Pakistan's Rahmat Group is in talks with BYD to set up an electric vehicle plant at Nooriabad in Sindh province.
Minister for Science and Technology Fawad Chaudhry has claimed that in three years Pakistan will become the first country to manufacture electric buses, which will be driven by an electric motor and obtains energy from on-board batteries.
Summary:
It appears that Pakistan is starting to get serious about joining the Clean Energy Revolution to deal with rising climate change concerns. The country has set targets for renewable energy growth and announced National Electric Vehicle Policy. In recent years, Pakistan government has introduced a number of supportive policies, including feed-in tariffs and a net metering program to incentivize renewables. These have been fairly successful, and renewables capacity in the country surged substantially over 2018 when 1245 MW was added, of which 826MW was contributed by the solar sector, according to Fitch Solutions. High-capacity battery pack costs have dropped nearly 40% since 2015, according to Wood Mackenzie data as reported by Wall Street Journal. Cost reductions are expected to continue to only $8 to $14 per MW-hour by 2020, or about a penny per kW-hour. While production and use of renewable energy are growing, the electric vehicles in Pakistan have yet to find traction. Hopefully, the National EV policy will encourage production and adoption of electric vehicles in the country.
Related Links:
Haq's Musings
South Asia Investor Review
Pakistan Electric Vehicle Policy
Nuclear Power in Pakistan
Recurring Cycles of Drought and Floods in Pakistan
Pakistan's Response to Climate Change
Massive Oil and Gas Discovery in Pakistan: Hype vs Reality
Renewable Energy for Pakistan
Digital BRI: China and Pakistan Building Fiber, 5G Networks
LNG Imports in Pakistan
Growing Water Scarcity in Pakistan
China-Pakistan Economic Corridor
Ownership of Appliances and Vehicles in Pakistan
CPEC Transforming Pakistan
Pakistan's $20 Billion Tourism Industry Boom
Riaz Haq's YouTube Channel
PakAlumni Social Network
Tesla Surpasses China's BYD in EV Sales. Courtesy Electrek |
Tesla Electric Cars:
Silicon Valley is at the forefront of this clean energy revolution led by Tesla. Tesla is more than an electric car company; the company also supplies solar panels and batteries. Other automakers are also taking their cues from Tesla. China's BYD Auto has only recently been surpassed by Tesla in production volumes. Auto giants General Motors and BMW are both building electric cars and planning to build "gigafactories" like Tesla's to manufacture battery packs for vehicles and homes. Pakistan is building up renewable power generation capacity. The country has also recently announced its National Electric Vehicle Policy that offers incentives to transition to clean energy.
Bloomberg estimates that Batteries and electric transmission account for about 40% of passenger cars’ costs. European demand is met by mainly Japanese and South Korean battery makers like Panasonic, LG Chem Ltd. and Samsung SDI Co. In the U.S., Tesla has built its own battery cells at its Gigafactory to manage costs and satisfy demand for the cars it produces. Chinese demand for battery packs is met by BYD.
Battery Backed Renewable Energy Costs:
High-capacity battery pack costs have dropped nearly 40% since 2015, according to Wood Mackenzie data as reported by Wall Street Journal. The prices of lithium and vanadium—two of several key raw materials that are used in such batteries—also have declined over the past year or so.
Battery storage costs have fallen nearly 90% in the past decade, according to NextEra Energy. Cost reductions are expected to continue to only $8 to $14 per MW-hour by 2020, or about a penny per kW-hour. For perspective, the average kW-hour of electricity costs about 13 cents for retail users.
NextEra Energy forecasts that post-2023, wind plus energy storage costs will be $20 to $30 per MW-hour, and solar plus energy storage will be $30 to $40 per MW-hour. Natural gas is expected to match the solar-plus-storage costs.
Pakistan Electric Vehicle Policy:
Pakistan has a low level of motorization with just 9% of the households owning a car. Nearly half of all households own a motorcycle. Motorization rates in the country have tripled over the last decade and a half, resulting in nearly 40% of all emissions coming from vehicles. Concerns about climate change and environmental pollution have forced the government to to take a number of actions ranging from adoption of Euro6 emission standards for new vehicles with internal combustion engines (ICE) since 2015 and announcement of a national electric vehicle (EV) policy this year.
Private vehicle ownership in Pakistan has risen sharply over the last 4 years. More than 9% of households now own cars, up from 6% in 2015. Motorcycle ownership has jumped from 41% of households in 2015 to 53% now, according to data released by Federal Bureau of Statistics (FBS) recently. There are 32.2 million households in Pakistan, according to 2017 Census.
Vehicle Ownership in Pakistan. Source: PBS |
Pakistan's National EV Policy is a forward looking step needed to deal with climate concerns from growing transport sector emissions with rapidly rising vehicle ownership. It offers tax incentives for buyers and sellers. It also focuses on development of nationwide charging infrastructure to ease adoption of electric vehicles.
Low Carbon Energy Growth:
In recent years, Pakistan government has introduced a number of supportive policies, including feed-in tariffs and a net metering program to incentivize renewables. These have been fairly successful, and renewables capacity in the country surged substantially over 2018 when 1245 MW was added, of which 826MW was contributed by the solar sector, according to Fitch Solutions.
Non-Hydro Renewables in Pakistan. Source: Fitch Solutions |
Pakistan’s Alternative Energy Development Board (AEDB) recently signed deals for projects that will see the country expand its wind power capacity by 560 MW. Fitch Solutions forecasts Pakistan's solar capacity to grow by an annual average of 9.4% between 2019-2028, taking total capacity over 3.8GW by the end of our forecast period.
Sindh government has recently signed a deal for 400MW solar park at Manjhand, 20MW rooftop solar systems on public sector buildings in Karachi and Hyderabad, and 200,000 solar home systems for remote areas in 10 districts of the province. The project is estimated to cost USD105million, with the World Bank funding USD100 million.
The biggest and most important source of low-carbon energy in Pakistan is its hydroelectric power plants. Pakistan ranked third in the world by adding nearly 2,500 MW of hydropower in 2018, according to Hydropower Status Report 2019. China added the most capacity with the installation of 8,540 megawatts, followed by Brazil (3,866 MW), Pakistan (2,487 MW), Turkey (1,085 MW), Angola (668 MW), Tajikistan (605 MW), Ecuador (556 MW), India (535 MW), Norway (419 MW) and Canada (401 MW).
New Installed Hydroelectric Power Capacity in 2018. Source: Hydroworld.com |
Hydropower now makes up about 28% of the total installed capacity of 33,836 MW as of February, 2019. WAPDA reports contributing 25.63 billion units of hydroelectricity to the national grid during the year, “despite the fact that water flows in 2018 remained historically low.” This contribution “greatly helped the country in meeting electricity needs and lowering the electricity tariff for the consumers.”
Electricity vs Fossil Fuel Demand Forecast. Source: Economist |
Chinese BYD in Pakistan:
Multiple media reports suggest that China's BYD is about to enter Pakistan market following the announcement of Pakistan National EV Policy. These reports indicate that Toyota, one of the largest automakers in Pakistan, has signed a deal with BYD to manufacture electric vehicles.
Other reports indicate that Pakistan's Rahmat Group is in talks with BYD to set up an electric vehicle plant at Nooriabad in Sindh province.
Minister for Science and Technology Fawad Chaudhry has claimed that in three years Pakistan will become the first country to manufacture electric buses, which will be driven by an electric motor and obtains energy from on-board batteries.
Summary:
It appears that Pakistan is starting to get serious about joining the Clean Energy Revolution to deal with rising climate change concerns. The country has set targets for renewable energy growth and announced National Electric Vehicle Policy. In recent years, Pakistan government has introduced a number of supportive policies, including feed-in tariffs and a net metering program to incentivize renewables. These have been fairly successful, and renewables capacity in the country surged substantially over 2018 when 1245 MW was added, of which 826MW was contributed by the solar sector, according to Fitch Solutions. High-capacity battery pack costs have dropped nearly 40% since 2015, according to Wood Mackenzie data as reported by Wall Street Journal. Cost reductions are expected to continue to only $8 to $14 per MW-hour by 2020, or about a penny per kW-hour. While production and use of renewable energy are growing, the electric vehicles in Pakistan have yet to find traction. Hopefully, the National EV policy will encourage production and adoption of electric vehicles in the country.
Related Links:
Haq's Musings
South Asia Investor Review
Pakistan Electric Vehicle Policy
Nuclear Power in Pakistan
Recurring Cycles of Drought and Floods in Pakistan
Pakistan's Response to Climate Change
Massive Oil and Gas Discovery in Pakistan: Hype vs Reality
Renewable Energy for Pakistan
Digital BRI: China and Pakistan Building Fiber, 5G Networks
LNG Imports in Pakistan
Growing Water Scarcity in Pakistan
China-Pakistan Economic Corridor
Ownership of Appliances and Vehicles in Pakistan
CPEC Transforming Pakistan
Pakistan's $20 Billion Tourism Industry Boom
Riaz Haq's YouTube Channel
PakAlumni Social Network
Comments
All Super Six projects are being developed by domestic companies: ACT Group, Artistic Milliners (Private) Limited, Din Group, Gul Ahmed Group and Younus Brothers Group.
“The government is aiming to increase the non-hydro renewable energy share in the overall generation mix from 4 to 20% by 2025 and it is welcoming to see Pakistan’s local private sector behind these Super Six wind projects, supporting the government’s long-term objective to see more wind and solar in the country’s energy mix,” said Ayub.
“This additional clean power will help meet growing demand, reduce the average cost of electricity, and improve both reliability and security of supply,” IFC’s Vice President for Asia and Pacific, Nena Stoiljkovic said. “We hope this will send a strong signal to the private sector that the renewable energy market in Pakistan is viable and sustainable, as well as beneficial to the Pakistani people.”
As part of the programme, IFC is providing a financing package of $320 million, comprising $86 million from its own account and $234 million mobilised from other lenders, which include Deutsche Investitions- und Entwicklungsgesellschaft (DEG, part of KfW Group of Germany), and local banks Bank Alfalah, Bank Al Habib and Meezan Bank.
The programme is in line with the joint energy strategy of the World Bank Group, which includes IFC, the World Bank and the Multilateral Investment Guarantee Agency (MIGA), to help address Pakistan’s structural issues in the energy sector, through policy reforms and increases in private investments to expand clean energy generation and bring down the cost of power.
The cost of power from the Super Six projects is expected to be more than 40% lower than the current average cost of generation, a move that is expected to spur more investments in renewable energy in the country.
IFC, one of the largest investors in Pakistan’s power sector, financed the first wind power project in the country in 2011 and helped created the framework for financing hydro and wind Independent Power Producers. With this programme, IFC will have made investments in 11 wind power projects in Pakistan.
The World Bank is supporting the government on policy reforms to enhance the energy sector’s sustainability and the implementation of the upcoming new renewable energy policy framework.
🇮🇳India: 2.33m
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(Global Alliance On Health And Pollution)
China’s Xinjiang Goldwind Science & Technology Co Ltd (HKG:2208) said it has recently received an order to supply 50 MW of turbines for the ACTII wind project in Pakistan.
Goldwind is set to deliver 20 units of GW 121-2.5MW high temperature model turbines to local wind project developer ACT Wind (Pvt) Ltd, the Chinese manufacturer said.
The ACTII project is sited in Jhimpir, Sindh province, in the area identified as a “wind corridor” and with around 1 GW of wind power capacity installed, according to Goldwind.
ACT Wind is the Chinese company's repeat customer, after previously purchasing Goldwind turbines for the first ACT wind project. The 30-MW ACT wind farm has been operating for about four years.
Goldwind expects to install 150 MW of turbines in Pakistan over the coming years and bring its total installed capacity in the country to 477 MW.
In November 2019, Goldwind signed a contract with Power Construction Corporation of China Ltd (SHA:601669), also known as PowerChina, to equip the 50-MW Gul Ahmed wind project in Pakistan. It has also secured the contract for the Artistic II wind farm project in the country, the company said.
Pakistan aims to generate 30% of its electricity from renewable energy sources by 2030 such as wind, solar, biomass and small-scale hydro.
This will complement the 27% of current electricity supply coming from large-scale hydro.
To this effect the 271 GE Renewable Energy wind turbines spreading over nine plants have a combined generating capacity of 450 megawatts (MW) – representing more than 36% of the current 1,235-MW total installed wind capacity in the country.
“Renewable energy is the future. With global warming happening, it’s good to say you’re working in the renewables business,” said GE Renewable Energy Services Manager Fawwad Haq.
“We are producing clean energy but not CO2 at these plants, so we’re giving people a better, cleaner type of energy,” he added.
Fawwad manages more than 50 wind turbine technicians who perform maintenance on hundreds of turbines at nine wind farms in the country.
A total of 233 direct and indirect employees help manage operations at eight of these plants.
Most of the wind farms that GE maintains and operates in Pakistan are located in desert regions where temperatures in early June were already in the 40s.
It takes nearly 15 minutes, with necessary water breaks along the way, to climb the 80-meter tall metal towers to reach the top of the wind turbines.
While GE provides wind turbine maintenance across all nine wind farms in Pakistan using GE turbine technology, at eight of them, the company also provides balance of plant services, including power generation and electricity dispatch to the grid.
“After I did my first climb [a couple years ago], I thought, ‘Oh, this is difficult!’ But after a few times, I adjusted to it and now it’s fine,” recalls Fawwad, adding, “The way things are going, renewables will capture a larger share of energy generation in the years to come, not only Pakistan, but in the rest of the world as well.”
He said during his working experience at conventional power generation was quite different as there were separate specialist technicians for mechanical, electrical and instrumentation work. “That’s not the case with wind turbines.”
“Only one team goes up and must be an electrical and mechanical all in one. You need to perform the preventative maintenance and troubleshooting.”
In an attempt to encourage clean energy in the country, the State Bank of Pakistan (SBP) has enhanced the scope of its Refinance Scheme for Renewable Energy, according to a statement issued on Wednesday.
The scheme allows financing under category III to solar and wind-based energy sale companies. After feedback received from stakeholders, the size of the project established by the vendor, supplier, or energy sale company has been increased from 1MW to 5MW. The cumulative financing limit has also been increased from Rs1 billion to Rs2 billion.
“This revision in the scheme is expected to not only attract fresh local and foreign investment in the sector but also facilitate production of clean energy in the country, helping in managing climate change,” the SBP said.
The SBP Financing Scheme for Renewable Energy was announced in June 2016, with an aim to help address the challenges of energy shortages and climate change in the country.
Initially, the scheme had two categories. Category 1 allowed financing for setting up of renewable energy power projects, with the capacity ranging from 1MW to 50MW for own use or selling of electricity to the national grid, or combination of both.
Category II allowed financing to domestic, agriculture, commercial and industrial borrowers to install renewable energy-based projects of up to 1MW to generate electricity for own use or selling to the grid and distribution company under net metering.
Later, in July 2019, the SBP introduced Category III for facilitating financing to vendors and suppliers to install wind and solar systems of up to 1MW. The SBP also launched a Shariah-compliant version of the scheme in August 2019.
Since the introduction of the scheme, total outstanding financing under the scheme has reached Rs15.6 billion for 217 projects. This has the potential of adding 292MW to energy supply.
To be launched in two phases, the Chinese company will invest $50 million in the first phase, while in the second phase manufacturing of the electric buses would be started.
Pakistan’s Daewoo Express and China’s Skywell Automobile has signed a deal to collaborate and launch electric vehicles, including public transports like electric buses, this year.
Pakistan’s minister for Science and Technology Fawad Chaudhry took to Twitter to announce that the deal will shape the ‘future of public transport in Pakistan’. He also said, "From this year, electric buses will start running in Pakistan, and in three years, these buses will start being completely manufactured in Pakistan."
Under this Strategic Alliance Agreement, Skywell Automobiles and Daewoo Express will collaborate to introduce electric buses and other electric vehicles in Pakistan and create a technical support base in the country. Skywell Automobiles will provide its state of the art electric buses for the Pakistan market in Phase-1, and in Phase 2, shall set up a manufacturing plant to produce electric vehicles in Pakistan.
The Skywell Automobile CEO, speaking through a video link, said such an agreement between Pakistan and China would help build the automobile industry of Pakistan on modern lines and open new avenues for energy-based vehicles. "We are striving for promoting new energy vehicles policy in Pakistan. Electric special vehicles and logistics can have a big share in the global markets," he said.
"We have seen in Peshawar’s BRT buses and now from hybrid to electric buses regime. Above all, its impact on our environment would be quite positive," said Sheriar Hussain, Daewoo’s representative.
During the ceremony, Fawad Chaudhry also assured that work on electric bikes and three-wheelers vehicles was on cards, and a policy for four-wheelers will also be finalised within days.
On her first foray into tree planting, Laiba Atika forgot a key item — a shovel, which her mom later fetched.
But the 17-year-old is clear about why she is leading volunteers in the northern Pakistani city of Mardan to plant dozens of pine trees in a scrubby park.
"It's our duty as citizens," she says in formal English, "to implement actions that can make planet a better place to live in."
Atika's tree-planting drive is being replicated all over Pakistan, where the government aims to plant ten billion trees over five years with the help of local communities. The reforestation initiative is central to a wide-ranging plan the Pakistani government recently adopted to change practices and cut emissions that drive climate change.
Like most developing nations, Pakistan is not a big emitter of heat-trapping greenhouse gases. But developing countries suffer harm disproportionate to their historically low emissions. Climate-fueled extreme weather events, from floods to droughts, could displace or kill tens of thousands of people, straining government resources and threatening political stability.
That urgency has prompted some nations, such as Pakistan, to craft ambitious plans to reduce emissions, even as the world's second largest emitter, the United States, shrugs off serious climate action.
Pakistani Prime Minister Imran Khan "knows the implications of climate change and is willing to take the lead in putting Pakistan on a green trajectory," says Malik Amin Aslam, a senior climate change advisor to Khan and the leading proponent of the new policies.
Alongside tree planting, the government announced a new electric vehicle policy this summer, and plans to get two-thirds of its electricity from wind, solar and hydropower by 2030. "That is a genuine step up in ambition for renewable energy," said Simon Nicholas, an energy finance analyst who follows Pakistan at the U.S.-based Institute for Energy Economics and Financial Analysis.
But the problems that have long hobbled Pakistan threaten its new climate goals, too, environmental activists say. Plans are undermined by corruption and lax implementation, according to Afia Salam, an activist in Karachi. Environmentalists point to other ambitious policies the government announced since it took power, like a ban on plastic bags in Islamabad, which has gone widely ignored.
Khan's own broad-tent party, Pakistan Tehreek-e-Insaf, includes powerful business interests that have carved out loopholes for themselves from the climate policies.
"What Pakistan has done, despite resource constraint, is aspirational for many countries," Salam says. But, she adds, "there's so many conflicting interests within the party itself."
The world's fifth most populous country, Pakistan is one of the most vulnerable to global warming. Already, summer temperatures in its southern cities often surpass 120 degrees. Rainfall has grown more erratic, and in August, unprecedented monsoon rains drowned parts of Pakistan's largest city, Karachi, turning roads into rivers and killing dozens of people across the country.
Northern glaciers nestled in mountains are the country's main water source, and they are melting faster than ever. Highland communities now face occasional water shortages and flash flooding that sweeps away their lands. If the growth of global greenhouse gas emissions continues on its present trajectory, the water supply for Pakistan's 220 million people will be imperiled within 50 years, scientists say.
https://www.eia.gov/todayinenergy/detail.php?id=45336&fbclid=IwAR38ywspRJFQLVU5Hwr0kWDsIJEpBxvVkCxna764NC87ggXKq_77EJrCpcI
In the first two weeks of September 2020, average solar-powered electricity generation in the California Independent System Operator (CAISO), which covers 90% of utility-scale solar capacity in California, declined nearly 30% from the July 2020 average as wildfires burned across the state. Wildfire smoke contains small, airborne particulate matter particles that are generally 2.5 micrometers or smaller (referred to as PM2.5). This matter reduces the amount of sunlight that reaches solar panels, decreasing solar-powered electricity generation. As of September 28, California wildfires have burned an estimated 3.6 million acres in 2020, an area about the size of Connecticut.
According to data from the California Air Resources Board, peak California PM2.5 pollution began increasing in mid-August and reached a record high of 659 micrograms per cubic meter (µg/m3) on September 15, the highest level since record keeping began in 2000. Peak PM2.5 pollution is measured as the daily average value at the testing site that has the
A large number of manufacturing and assembling units in the country were opting for renewable energy (captive) generation to secure uninterrupted supply and cut costs. Alpha Beta Core CEO Khurram Schehzad said many companies had installed captive power plants to secure uninterrupted power supply and ensure efficiencies. “Earlier, the captive generation was gas-based, but now the gas is a scarce and expensive commodity, so companies are opting for renewable captive generation.”
Several other companies and manufacturing concerns including P&G, Service Industries Limited, Kohinoor Textile Mills, Fauji Cement Company Eni, and DP World have installed solar power generation to meet their energy requirements. In addition to this, several others have entered into bulk power procurement agreements with alternate energy producers, while a large number of sugar millers have already setup biogas plants.
Khurram said gas shortage, lower costs and commitment to a clean environment were compelling companies to switch to alternate energy resources. “Captive renewable energy offers short-term as well as long-term efficiencies while being environment-friendly. Corporate sector should play a leading role in this transition.” Pakistan enjoys a geo-strategic advantage for producing abundant amounts of solar energy.
Hence, solar technology could save millions of dollars for the country’s economic growth, while also offering various ecological benefits.
By Atul Mudaliar, Head of Business Actions, Climate Group
https://www.theclimategroup.org/news/breaking-down-ev-myths-india-what-have-we-learnt
Myth
Fact
Written by
CHARGING
We need a dense public fast-charging network
From global examples, regular home or destination slow Alternating Current (AC) charging infrastructure should suffice for most uses (70-80%). Direct Current or DC fast charging would be required only in cases of highway charging or commercial charging where vehicle utilization is high, and vehicle idle time is low.
By Maxson Lewis, Managing Director, Magenta Power – ChargeGrid
TECHNOLOGY
EVs are slow and have limited range
Electric cars and high-speed electric two-wheelers have advanced high-performance ‘powertrains’. These vehicle systems can offer better acceleration in comparison to Internal Combustion Engine (ICE) powertrains and allow comfortable speeds for intra-city driving.
From a sample size of 85 e-2-wheeler models and 5 e-car models on the Indian market today, average range was 84 Kilometers (kms) and 300km per charge respectively, which is more than enough for day-to-day use.
By Jyoti Gulia, Director – JMK Research and Analytics
ECONOMICS
Electric vehicles are more expensive than ICE vehicles
When comparing the upfront cost, fuel costs and maintenance costs, we find that running EVs for more kms/day results in substantial fuel cost savings over ICE vehicles, making EVs much cheaper over their lifetimes.
Co-authored by Falgun Patel, The Climate Group and Nishant Saini, Founder & Managing Director – eeeTaxi
POLICY
There is no government support for electric vehicles in India
In India, governments (Central and State) have consistently promoted manufacturing and adoption of EVs. Capital subsidies on purchase of EVs under Faster Adoption and Manufacturing of Electric Vehicles II (FAME II), Goods & Services Tax (GST) on EVs has been reduced from 12% to 5%, an income tax deduction of INR 1,50,000+ can be claimed on the interest paid on loans taken for EVs.
By Charu Lata, Lead Consultant – Electric Mobility, NRDC India
VEHICLE EXPERIENCE & SHARED MOBILITY
EVs give unsatisfactory vehicle experiences
Electrified shared mobility could lead to range anxiety
Today’s new-age electric vehicles are adequately powered and can achieve speeds like ICE vehicles. The EV transition has allowed automakers to integrate technology like Artificial Intellegence and IoT, thereby enhancing user experience.
Shared e-mobility is an essential solution to solve congestion in cities. The average daily run of a vehicle in a city is much lower than the corresponding average EV range. With tech-enabled shared e-mobility infrastructure, the user is always aware of the estimated remaining range and nearest charging/battery-swapping station, making range anxiety a non-issue.
By Vinay Rotti, Head – Policy & Strategic Finance at Bounce and Pradeep Karuturi, Policy and Government Partnerships at Bounce
EMISSIONS
Charging EVs with India's electricity grid is worse than driving ICE vehicles
Transport and Environment finds that EVs manufactured and charged with Poland's electricity reduce CO2 emissions by ~29% compared to average of petrol and diesel CO2 emissions. India, in fact, has a slightly better grid emission factor than Poland, which means EVs already reduce emissions.
By Abhishek Ranjan – Energy and Electric Mobility Industry Expert in India
WHAT NEXT?
It is necessary for a myth to be proven right or wrong for it to emerge as a fact. Like many transitions witnessed in the technology domain, EV myths in India too will have to traverse this journey to see where we are now and find integrated and innovative ways to move forward. However, we now know that they are naturally conquerable, and will change over time.
America’s domination of oil and gas will not cow China
Being an importer of fossil fuels and an exporter of renewable technology is not so bad
https://www.economist.com/briefing/2020/09/17/americas-domination-of-oil-and-gas-will-not-cow-china
“The united states of america is now the number-one energy superpower anywhere in the world,” President Donald Trump told oilmen in Midland, Texas this summer, from a stage decorated with gleaming black barrels. The sheer volume of hydrocarbons that such American oilmen have released from the shale beneath Midland and previously unforthcoming geology elsewhere gives substance to his boast (see chart 1). Over the past decade America’s oil output has more than doubled and its gas production increased by over 50%. America is now the world’s top producer of both fuels.
Had they heard Mr Trump say that “We will never again be reliant on hostile foreign suppliers,” presidents from Franklin Roosevelt on might have nodded in envious approval. After the second world war America’s unmatched ability to consume oil outstripped its unmatched ability to produce it. Ensuring supplies from elsewhere became an overriding priority. The oil shock of the 1970s had a profound effect both on the economy and on geopolitics, driving much of America’s subsequent involvement in the Middle East. The surge in domestic supply in the 2010s both boosted the economy and opened up new geopolitical opportunities. America can apply sanctions to petrostates such as Iran, Venezuela and Russia with relative impunity.
But what it might mean to be an energy superpower is changing, thanks to three linked global shifts. First, fears about fossil-fuel scarcity have given way to an acknowledgment of their abundance. Not least because of what has been achieved in America, the energy industry now knows that it will be lack of demand, not lack of supply, which will cause production of oil, coal and, later, gas to dwindle. In its latest “World Energy Outlook”, published on September 14th, bp, an oil company which has recently said it plans to go carbon neutral, argues that demand for oil may already have peaked, and could go into steep decline (see chart 2 ).
This is because of the second shift: an acknowledgment by most countries that, for the sake of the climate, reliance on fossil fuels needs to come to an end. And that leads to the third shift: electrification. Fossil fuels provide heat that is mostly used to move things, be they vehicles or electric generators. Solar panels and wind turbines provide energy as electricity straight off. Maximising their emissions-free benefits means processes and devices that now rely on combustion must in future use currents and batteries instead. The bp analysis argues that in a world going all out for decarbonisation the share of energy used in the form of electricity would rise from about a fifth in 2018 to just over half in 2050.
Falling demand for fossil fuels will tilt the balance of power away from producers and towards consumers—though there will doubtless be reversals now and then along the way. And in a world which needs to generate much more fossil-free electricity, mass production of the means whereby to do so will become crucial, as will government backing and know-how in deployment. Being a mighty pumper of oil will do a lot less for America under such conditions than once it might have done. But China, the world’s biggest fossil-fuel importer as well as its leading exponent of renewable energy at gigawatt scales, will have the wind, as it were, at its back.
https://profit.pakistantoday.com.pk/2020/11/10/pakistan-can-save-5bn-by-scaling-up-renewable-energy-wb/
The study, titled Variable Renewable Energy (VRE) Integration and Planning, finds that Pakistan needs to urgently implement a major expansion of solar and wind “variable renewable energy”, to achieve a share of at least 30per cent of total capacity by 2030. This would help lower the cost of power, achieve greater energy security, and reduce greenhouse gas (GHG) emissions.
“A large and sustained expansion of solar photovoltaic and wind power, alongside hydropower and substantial investments in the grid, is both achievable and desirable”, World Bank Country Director for Pakistan Najy Benhassine said.
“Such an initiative would lead to immediate and long-term economic and environmental benefits. It would enhance the security of supply as well as positioning Pakistan at the forefront of the global energy transition. We stand ready to support Pakistan in achieving the goal of affordable, reliable power for all by 2030,” he added.
According to the study, many sources of fossil fuel generation are no longer competitive and should be retired or their use significantly reduced. This includes domestic and imported coal, which is not economical over the next 10 years compared to VRE and has the additional downsides of GHG emissions, air pollution, and use of scarce water resources.
The study, based on an hour-by-hour analysis of all generation options, finds that a substantial and immediate scaling up of VRE capacity represents a “least-cost” strategy for expanding capacity in Pakistan, including consideration of the costs of integrating the variable supply from solar and wind.
Governments in the Group of 20 major and emerging economies have so far committed more money to prop up fossil fuel sectors than to boost the rollout of renewable energy, the report found.
Co-author Ivetta Gerasimchuk of the International Institute for Sustainable Development said investing in oil, coal and gas no longer makes economic sense because renewable energy is becoming cheaper than fossil fuels. But, she said, “We see that instead of governments letting these fossil fuel projects die they resurrect them from the dead.”
The WMO’s report found global warming is worsening in all seven key climate indicators, but the problem is increasing human suffering in an already bad year.
“In 2020, over 50 million people have been doubly hit: by climate-related disasters (floods, droughts and storms) and the COVID-19 pandemic,’’ the report said. ”Countries in Central America are suffering from the triple-impact of hurricanes Eta and Iota, COVID-19 and pre-existing humanitarian crises.”
Among the dozens of extremes the report highlighted:
-- A record 30 Atlantic named tropical storms and hurricanes.
--Death Valley, California, hit 129.9 degrees (54.4 degrees Celsius), the hottest the world has seen in 80 years.
--Record wildfires struck California and Colorado in the western United States, following a major fire season and record heat in Australia.
--The Arctic had record wildfires and a prolonged heat wave culminating in a 100-degree mark (38 degrees Celsius) in Siberia in June.
--Record low Arctic sea ice was reported for April and August and the yearly minimum, in September, was the second lowest on record.
--More than 2,000 people died in record summer rains and flooding in Pakistan and surrounding nations.
While these events can’t solely be blamed on climate change, “these are the types of events scientists fear will increase due to climate change,” said Cornell University climate scientist Natalie Mahowald, who wasn’t part of the report.
“Human activities are at the root of our descent towards chaos,” Guterres said. “But that means human action can solve it.”
By 2030, Khan said, 60% of all energy produced in Pakistan will be clean and obtained through renewable resources, while 30% of all vehicles will run on electricity.
https://www.voanews.com/south-central-asia/pakistan-decides-against-new-coal-fired-power
Khan’s government, which took power more than two years ago, has also undertaken a countrywide reforestation campaign to plant more than 3 billion trees by mid-2023 to mitigate the effects of climate change. The massive program, dubbed the Ten Billion Tree Tsunami, went into effect last year, and officials say it has planted more than 500 million saplings across Pakistan.
Toyota is all set to introduce electric tricycles in Pakistan to meet the demand of low-cost and fuel-efficient transport mode in the country with growing auto market demand.
An agreement between Hiroyuki Toyoda, chairman of T-Trike Company – a subsidiary of Toyota Motors – and Rana Abid Hussain, president of Pak-Japan Business Council, was recently signed for the distribution rights of electric tricycles.
Hussain told The News that initially 3,000 electric tricycles would be introduced in Pakistan, while in the next phase the electric bicycle will also be manufactured locally for which talks are underway.
The council president said the chairman of the company is scheduled to meet the Ambassador of Pakistan in Japan Imtiaz Ahmed next week after which the formal exports will take place. Electric tricycle is manufactured by Toyota Motors, a world-renowned automobile company of Japanese origin.
The vehicle will be introduced in partnership with the Pak-Japan Business Council. The new electronic tricycle developed under the supervision of Hiroyuki Toyoda, a son of Kiichiro Toyoda, the founder of Toyota Motor Corporation. Hussain said electric tricycle is rapidly gaining popularity in Japan and the company has established 150 sales locations across the country. The modern electric tricycle can carry a weight of 150 kilograms and after a full charge it can run up to 60 kilometres.
Hussain said the tricycle can be easily used for courier services, vegetable hawkers and other small businesses. Without petrol this electric cycle will prove to be very economical, he said. Auto demand is fast increasing in Pakistan. With a wide gap of over 600,000 vehicles in demand and supply, used-cars are the most sought-after option. Cars are still expensive in the country ranked 154th in the world in terms of GDP per capita.
New auto policy is encouraging newcomers in Pakistan’s auto field that are importing semi knocked-down and completely knocked down cars in the country. Their prices are still out of range of majority of customers. Taxation is yet to be rationalised to make car ownership affordable, according to local analysts.
The new kids v the old hands
The World Ahead
https://www.economist.com/the-world-ahead/2020/11/17/the-battle-within-the-electric-vehicle-industry-will-intensify
The surging share price of Tesla, now the world’s most valuable carmaker, provides a big incentive for incumbents and newcomers to catch up. Tesla may lead in battery technology and software, but to make those advantages stick it must prove that “production hell” is behind it. The firm’s boss, Elon Musk, dreams of making 20m cars a year; in 2019 he made 370,000. Scaling up manufacturing has caused Tesla its biggest headaches. Will its new “gigafactories” in Texas and near Berlin come online as smoothly as a new plant in Shanghai, providing proof that Tesla can expand at will?
Tesla may have some catching up to do in large-scale production, but established carmakers face an equally daunting challenge: learning how to write software. Electric cars require integrated software, not just to ensure that batteries and motors work together to provide the best performance, but to connect the car to the outside world. Incumbent carmakers are struggling to combine disparate electronic systems from different suppliers to create the seamless experience offered by Tesla, which constantly improves its cars with smartphone-style “over the air” software updates.
Pivoting from mechanical engineering to developing software and providing the mobility services that customers will increasingly demand (such as ride-hailing and ride-sharing) is not the only challenge. Incumbents must also wind down investments in combustion-engine technology and make the alliances needed to catch up on batteries and software. Expect more joint ventures and investments in startups, as they try to share costs, shift away from petrol power and bring in new thinking.
And what of the Tesla wannabes, from China’s Li, Nio, WM Motor and Xpeng to American firms such as Fisker, Lucid and scandal-hit Nikola? Cash from excitable investors has poured in and established carmakers are also taking stakes—as are tech giants, keen to get involved as transport goes digital. But which companies will have staying power? Can the wannabes persuade investors that they have proprietary technology that will give them a long-term advantage?
Flashy launches of vehicles are one thing, but as the industry’s travails show, working out how to make cars at scale, when bits and bytes are as important as brakes and bodywork, is quite another. Establishing retail and maintenance networks is no joyride, either. The coming year will make clearer which of Tesla’s competitors, new and old, can stay in the race.
https://www.wraltechwire.com/2021/01/07/take-that-tesla-mercedes-unveils-tech-filled-hyperscreen-be-sure-to-watch-video/
Daimler’s Mercedes-Benz has unveiled a key interior component of its upcoming electric luxury sedan: a large, curved screen that sweeps across almost the entire width of the car instead of a conventional dashboard.
The MBUX Hyperscreen option available on the EQS sedan uses artificial intelligence to learn what functions the driver uses most, such as navigation and hands-free phone calls. Ola Kallenius, CEO of parent company Daimler AG, said Thursday in a recorded video presented online that the screen “only shows what is needed: no scrolling, no browsing.”
For instance, if the driver often uses the hot-stone massage function during the winter, the user experience system will suggest the comfort function during cold weather. Or, if the driver calls someone regularly on the way home, the system will suggest a call at the usual time.
“With the 3D driver display with real depth effect, the large head-up display with augmented reality content such as animated turn arrows and biometric authentication, MBUX has now taken another big step towards digitization and artificial intelligence. And, if you will, you could say that with the MBUX hyperscreen even the giant TV has now found its way into the car.,” mercedes said in a blog post.
Gorden Wagener, Chief Design Officer Daimler Group, and Sajjad Khan, Member of the Board of Management of Mercedes-Benz AG and CTO, on the new MBUX generation, were asked what they saw as the highlights.
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SAJJAD KHAN
Vice President - Digital Vehicle & Mobility at Daimler AG (Mercedes Benz Cars)
http://europe.autonews.com/article/20151218/ANE/151219992/mercedes-exec-committed-to-quick-meaningful-step-changes-in-digital
Sajjad is VP Digital Vehicle & Mobility at Daimler AG. He was pulled in by Mercedes from BMW and is generating end to end user experience as MDUX system. He is partnering with entrepreneurs around the world including in Silicon Valley where Mercedes has over 300 people in Sunnyvale. Come and learn on the details of what is needed in the auto eco system and where the opportunities are in this area.
https://2018.opensvforum.org/index.php/component/speventum/speaker/28-sajjad-khan
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Khan, Sajjad
2nd degree connection2nd
Khan, has a premium accountClick to upgrade to Premium
Executive Vice President - Member of the Board Mercedes Benz Cars
Stuttgart, Baden-Württemberg, Germany 500+ connections Contact info
https://www.linkedin.com/in/khan-sajjad-054a403/
HBS, IU & NED
Degree NameMSc.Field Of StudyElectronics and Information Tech
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However, Khan is keen to point out that much of the technology produced for MBUX was sourced and produced from within the company. “Not only from the concept perspective, even from the software-programming perspective and the framework perspective, we did in-house,” he says.
“Cloud intelligence, speech… we use the base systems from key partners, but the majority of the work is done in-house.”
Think of MBUX as a powerful computer sitting behind your dashboard, and you’re on the right track. Its ability to learn and adapt to its new owner is already well known, but Khan says there’s a lot more potential already built into the system, and it won’t be limited by chipsets and screens.
“The game-changing thing is how you connect everything together, so that from the customer perspective, it’s seamless; they don’t have a feeling of ‘am I autonomous or am I in the connectivity domain at the moment, or am I driving electric?’” he says, leaning forward.
https://www.whichcar.com.au/features/sajjad-khan-the-man-with-his-head-in-the-cloud
KARACHI: Shell Pakistan Limited (SPL) and K-Electric Limited (KE) have signed a Memorandum of Understanding (MoU) to jointly develop the first three Electric Vehicle (EV) charging stations across Karachi and its connecting highways, a statement said on Friday.
https://www.thenews.com.pk/print/771368-shell-ke-to-set-up-ev-charging-stations-in-karachi
The locations selected for installing 50 KWH Rapid chargers are: Shell Defence Filling-Station in Khayaban-e-Bahria, Askari Filling Station in Gulshan Town, and Mardan Filling Station in Gadap Town.
The statement said over the next 3 to 5 years, SPL and KE would explore the opportunity of additional sites and strategically expand the EV charging network.
“While SPL will engage in the deployment of charging station equipment, site preparation, installation and manage its operations, the KE will ensure grid enhancement,” it added.
The government has recently formulated and approved a policy to promote the use of electric vehicles in Pakistan, as an eco-friendly mode of transportation.
Speaking at the MoU signing ceremony, Taha Magrabi, General Manager Retail of Shell Pakistan Limited said, “Billions of people rely on transport to get about. There are around 1 billion cars on the world’s roads. This means that the transport sector has a fundamental role to play in helping global efforts to reduce emissions”.
Magrabi said the government of Pakistan had approved the EV policy to help tackle effects of climate change and offer affordable transport to its people. “Playing a key role in this sector, SPL along with KE are keen to support the EV policy and its objectives, with our collaboration,” he added.
Naz Khan, K-Electric’s chief strategy officer said, “As the world moves towards cleaner modes of transport, KE looks to enable this shift by adding to infrastructure that will support the introduction of EVs across Karachi and Pakistan”.
“With the government announcing a target for 30 percent of all vehicles in the local market to be electric by 2030, KE, with Shell, looks forward to facilitating our customers towards utilising EVs and contributing to long-term environmental sustainability,” Khan added.
#Poweroutage highlights long-term challenges surrounding electricity transmission networks. Between 80 to 90% electricity supply lost in a few seconds. It's never happened before. https://www.ft.com/content/47c4ca69-918c-4cc2-bdcd-38849a6bec73 via @financialtimes
Pakistan’s power supply was gradually being restored on Sunday after a massive power cut plunged almost the entire country into darkness over the weekend.
Prime minister Imran Khan’s government said the blackouts, which started late on Saturday night, were caused by a “technical fault” stemming from a failure at a power plant in the country’s south.
The breakdown highlights Pakistan’s chronic infrastructure challenges, especially the inability of successive governments to resolve long-term challenges surrounding its electricity transmission networks.
Although power outages are common in Pakistan, a senior government official told the Financial Times the weekend disruption was unprecedented in Pakistan’s history. “Between 80 to 90 per cent electricity supply was suspended in a few seconds. This has never happened before”.
The government urged citizens to remain calm as airports, hospitals and other key locations across the country of more than 200m people experienced blackouts.
Hafeez Pasha, a former finance minister and respected economist, said the latest blackout “represents a complete breakdown of governance in the power sector”.
Pakistan’s local media have pointed to the widespread theft of electricity as illegal power connections proliferate. There have been allegations that some electricity company officials have colluded with consumers to set up connections linked straight to power transmission lines rather than going through a meter.
The country’s main electricity supply companies have repeatedly run at a loss, prompting Pakistan’s western lenders to urge immediate remedial measures.
A $6bn loan from the IMF agreed in 2019 to help Pakistan stave off a debt crisis has been stalled, partly because of the prime minister’s refusal to accept an increase in electricity prices that would be unpopular with voters.
Analysts say Mr Khan has become increasingly averse to adopting unpopular measures as Pakistan’s political opposition has stepped up its protests against his two-year-old government, accusing him of winning the 2018 elections with the backing of the powerful army.
Opposition parties have threatened en masse resignations from parliament and a march to Islamabad unless Mr Khan resigns by the end of January.
Mr Pasha said the problem with Pakistan’s electricity grid was the result of under-investment in transmission and distribution networks, which means that about a third of electricity generated is lost during transmission or due to discrepancies in the billing system.
“How can you ever run the electricity network in a sustainable way?” Mr Pasha said. “There are bound to be growing problems.”
18 September 2020
Author: Maha Qasim, Islamabad
https://www.eastasiaforum.org/2020/09/18/pakistan-leapfrogging-to-a-green-energy-future/#:~:text=In%20August%202020%2C%20the%20Pakistan,30%20per%20cent%20by%202030.
In August 2020, the Pakistan government formally approved the Alternative and Renewable Energy Policy 2019. The new policy aims to boost the share of electricity generated from renewable sources from around 5 per cent at present to 20 per cent by 2025 and 30 per cent by 2030.
To encourage the shift to renewables and empower the domestic industrial sector, the policy offers generous tax benefits to investors, encourages lower tariffs by introducing competitive bidding, and incentivises local production of renewable energy equipment such as wind turbines and solar panels.
The recent introduction of net-metering legislation for solar installations allows consumers to sell power to the grid. This is expediting the adoption of rooftop solar by homeowners and presents an opportunity to electrify remote villages and commercial enterprises that have sufficient rooftop space and available land.
Around 1000 MW of wind power has also been developed over the last few years. Wind power receives the highest level of private sector interest due to bite-size investment requirements and a relatively short gestation period. Utility-scale wind and solar plants could soon be augmented by battery storage to overcome the challenge of intermittent power supply.
The National Electric Vehicles Policy launched last year also promotes the large scale adoption of electric vehicles in an effort to combat urban air pollution and provides incentives to jumpstart the local electric vehicle manufacturing industry. The shift to electric vehicles could play a significant role in reducing Pakistan’s oil import bill and securing the transport sector against international price shocks, while also creating numerous green business and employment opportunities.
Pakistan currently imports almost a third of its energy resources in the form of oil, LNG and coal. An import-driven energy policy is not sustainable for Pakistan as it contributes to long-term energy insecurity, exposing the economy to energy price shocks and the risk of inflation. Inflationary pressures reduce the competitiveness of the country’s exports, further constraining Pakistan’s capacity to pay for energy imports.
The rapid adoption and upscaling of green energy solutions in the form of distributed generation, smart metering and electric vehicles — coupled with investments in utility-scale renewable energy power plants and increased energy conservation efforts — will significantly reduce energy imports and decrease the cost of electricity. This amounts to greater self-sufficiency and energy security for Pakistan.
Thanks to infrastructure and energy projects built under the China–Pakistan Economic Corridor (CPEC), Pakistan has managed to plug the energy shortfall that has plagued the country for several years. The government has various power projects in the pipeline and forecasts surplus generation capacity in the next decade — a surplus that could benefit the growing electric vehicles sector.
https://green-bri.org/china-belt-and-road-initiative-bri-investment-report-2020/
Among the BRI countries, investments were spread broadly across the continents. The countries that received most investments were Vietnam, Indonesia, Pakistan and Chile. Particularly Vietnam saw a strong increase of Chinese investments – an increase of over 200% compared to 2019, possibly driven by near-shoring to avoid American sanctions. Other BRI countries that saw increases of Chinese investments despite the COVID-19 pandemic include Poland, Bulgaria, Serbia, Zimbabwe, Zambia and Chile, as well as Thailand.
Analyzing Chinese energy investments in different countries, we find that Pakistan was the country, which received most energy investments from 2013 to 2020, followed by the Russian Federation and Indonesia. Pakistan is both the largest recipient of coal-related investments and also the largest recipient of investments in hydropower. Overall, Pakistan attracted more than 50% of renewable energy investments (47% of which in hydropower), while Russia and Indonesia received predominantly fossil fuel related energy investments.
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Rail: Rail investments included high-speed rail projects connecting China through Thailand and Malaysia to Singapore (Kunming-Singapore rail). A deal of the first 40km segment of the China-Thailand high-speed rail linking Bangkok to Thailand’s border with Laos was signed in December 2020. China is also building a US$6 bn high-speed rail connecting 142 km between Jakarta and Bandung in Indonesia. Furthermore, China has been engaged in building several railway projects on the African continent (e.g. Standard Gauge Railways in Kenya and Ethiopia). China also invested in rail in Europe, such as the Budapest-Belgrade railway. China also invested in several urban rail transport projects, such as US$900 million in a subway in Hanoi, Vietnam (which has been delayed) or the US$1.6 billion metro line in Lahore, Pakistan opened in October 2020.
Road-transport: China invested across all countries with investments including road construction in Pakistan (e.g. Karakoram Highway connecting China and Pakistan all the way to Pakistan’s Gwadar Port). In 2020 investments in road infrastructure decreased by close to 70% to about US$4 billion.
Ports: Pakistan is also one of the largest recipients of Chinese investments in port infrastructure, such as the Gwadar port operated by China Overseas Port Holding Company, which is a strategically important and also contested investment for China. Other strategic port investments can be found in Piraeus, Greece or in Lamu and Mobasa, Kenya, as well as in Djibouti. A recent US$3 billion agreement to commission Croatia’s largest port (Rijeka Port) to a consortium of three Chinese contractors has been cancelled at the beginning of 2021.
Following long discussions and plenty of objections, Tesla will move forward with the two-facility 62-stall Supercharger site.
Just two days ago, we reported about potential plans for a massive Tesla Supercharger V3 station in Santa Monica, California. The Tesla site will be the largest of its kind in the world, with 62 V3 (250 kW) Supercharging stalls distributed between two facilities. After hours of discussion, the charging project was approved.
For reference, the world's largest V3 Supercharging station is in Firebaugh, California, with 56 stalls. Currently, the largest Supercharger station in the world is in Shanghai, China, with 72 stalls. However, the Shanghai station uses the former V2 (120 kW) Supercharging technology.
The Santa Monica Planning Commission finally approved the project with a 5-2 vote after hours of discussion, which was a result of objections and opposition to the future project. It will be located at 1401 Santa Monica Boulevard, with two sites separated by an alley. One site will house 36 stalls while the other will have 26. It will also feature solar power and battery storage.
Local residents mentioned concerns about the Supercharger station's fan noise, booming car sound systems waking people late at night, and the worry of homeless people trying to access the Supercharger station's restrooms, among other concerns. You can check out the Santa Monica Planning Commission’s vote by clicking on the video in the tweet above.
It's important to note that despite the lengthy question and answer session, as well as the long list of concerns, it comes as no surprise the commission approved the project with only two votes in opposition. While there are often concerns about such projects, there's something to be said about having the world's largest Tesla Supercharger station, and a progressive California city is arguably an ideal location for the charging facility.
https://www.pv-magazine.com/2020/05/01/pakistani-regulator-expects-solar-capacity-to-hit-27-gw-by-2047/
NERPA's base-case scenario predicts that overall generation capacity will grow from 33,000 MW in 2020 to around 168,200 MW in 2047. But coal and hydropower will still account for 36% and 42% of total capacity, at 32,948 MW and 55,836 MW, respectively.
By 2030, the share of wind and solar in the overall energy mix will likely increase from about 3% in 2020 to 23%. “Beyond 2030, share of solar and wind plants decreases due to the increase in the number of new local coal-based plants having greater capacity factors,” NERPA said.
However, it also acknowledges that wind and solar are becoming the cheapest forms of new electricity generation. “They are set to replace the conventional fuels to great extent for power generation to meet the future demand growth,” NEPRA said. “The cheaper and widely accessible renewable energy has the potential to substantially decrease the reliability of power sector on expensive imported fuels.”
The organization also predicts that solar power plant capex in Pakistan will drop from $530/kW in 2020 to $371/kW by 2030. A global outlook report that was recently published by SolarPower Europe also predicted that Pakistan will deploy close to 5 GW of solar capacity by 2022.
https://www.world-nuclear.org/nuclear-essentials/how-can-nuclear-combat-climate-change.aspx
Experts have concluded that in order to achieve the deep decarbonisation required to keep the average rise in global temperatures to below 1.5°C, combating climate change would be much harder, without an increased role for nuclear. Because nuclear power is reliable and can be deployed on a large scale, it can directly replace fossil fuel plant, avoiding the combustion of fossil fuels for electricity generation. The use of nuclear energy today avoids emissions roughly equivalent to removing one-third of all cars from the world’s roads.
Modern society is becoming more and more dependent on electricity, with demand steadily increasing as transport, domestic heating and industrial processes are increasingly electrified. Whilst electricity is clean at the point of use, its generation currently produces over 40% of all energy-related carbon emissions. Decarbonising the electricity supply, whilst providing affordable and reliable electricity to a growing global population, must be central to any climate change strategy.Nuclear energy has shown that it has the potential to be the catalyst for delivering sustainable energy transitions, long before climate change was on the agenda. France generates over 70% of its electricity from nuclear power – the largest nuclear share of any country globally – and its electricity sector emissions are one-sixth of the European average. In around 15 years, nuclear power went from playing a minor role in the French electricity system to producing the majority of its electricity, showing that nuclear energy can be expanded at the speed required to effectively combat climate change.
https://www.aa.com.tr/en/asia-pacific/pakistan-responds-to-us-climate-summit-snub/2190225
US President Joe Biden has invited 40 world leaders to a two-day Leaders Summit on Climate “to galvanize efforts by the major economies to tackle the climate crisis,” the White House announced on Friday.
The virtual summit, which follows Washington’s return to the 2016 Paris agreement, is slated to be held on April 22 and April 23.
Responding to the US snub, Foreign Ministry spokesperson Zahid Hafeez Chaudhri issued a statement outlining Islamabad’s contributions to the global fight against climate change.
“Pakistan’s landmark initiatives like the Billion Tree Tsunami have won international acclaim, including from the World Economic Forum,” he said, referring to a nationwide tree plantation drive spearheaded by Prime Minister Imran Khan’s government.
“Pakistan is also meaningfully contributing to shape the global climate change discourse, inter alia, as the Vice President of the UN Framework Convention on Climate Change and member of the Intergovernmental Panel on Climate Change,” read the statement.
“Pakistan also co-chaired the multibillion-dollar Green Climate Fund, established to support climate actions in developing countries, last year.”
The summit, Chaudhri pointed out, would bring together “leaders from countries responsible for approximately 80 percent of global emissions and GDP.”
“Pakistan, despite being among the top ten countries affected by climate change, is one of the lowest emitters – with less than one percent of the global emissions,” he said.
“Climate change is one of the defining challenges of our times that can only be countered through inclusive, cooperative and forward-looking policies. Pakistan remains fully committed to play its due role in this fight.”
Japanese group also eyes deals in #MiddleEast for zero-emission infrastructure. #ElectricVehicles #ClimateAction #CleanEnergy https://asia.nikkei.com/Business/Technology/Hitachi-picks-Pakistan-for-emerging-market-break-in-electric-bus-chargers
Hitachi will help build charging infrastructure for electric buses in Pakistan, part of the Japanese industrial group's search for deals in this sector in South Asia and the Middle East, Nikkei has learned.
Hitachi ABB Power Grids, a subsidiary of the Tokyo-based blue chip, sees emerging markets as an important proving ground for its charging system, which replenishes bus batteries not only at terminals but also in quick bursts at each stop.
Demand for electric buses is projected to surge as Asian nations seek to temper urban sprawl with low-carbon-emissions technology. By 2030, 3 million to 5 million electric buses will be in service worldwide, up from about 500,000 in 2019, the International Energy Agency forecasts.
In Pakistan, Hitachi ABB Power Grids will work with local bus company Daewoo Express and Chinese electric bus maker Sky-well New Energy Automobile Group to build a network. The Hitachi unit has reached a preliminary agreement to supply charging infrastructure for this effort.
Sky-well will supply buses built outside of Pakistan to Daewoo Express, with a view to eventually assembling them in the country.
In the Middle East, Hitachi ABB Power Grids will team with another Chinese bus maker, Yinlong Energy. Charging equipment there will need to be built to withstand searing daytime temperatures and sandstorms.
Emerging markets are home to many cities with underdeveloped urban transportation, giving them a unique opportunity to jump directly to the most advanced zero-emission technology.
Hitachi aims to eventually transfer the know-how it gains in these countries to projects in advanced economies.
The company is not the only Japanese player seeking overseas growth in electric buses. Trading houses Mitsui & Co. and Sumitomo Corp. have enlisted their own international partners in this field.
Shares in Tokyo-listed Hitachi -- whose businesses span power grids, trains, factory automation and appliances -- reached a roughly 20-year high in Tokyo trading on Friday, lifted by forecasts that the company is headed toward a record net profit for the second year in a row.
https://www.dawn.com/news/1626781
Mr Memon, who also deals in alternative energy solutions, said sales of solar-powered systems are going on in urban areas but these cannot match the impressive demand in rural areas. He went on to add that in urban areas, residential and educational buildings, private offices and industries are shifting towards the alternative energy option, he said.
Claiming that the price of solar panel systems had been unchanged for the last two years, he said, 5kW and 10kW system (battery, inverter and panels) cost Rs500,000 and Rs1 million, followed by Rs100,000 and Rs200,000 for 1kW and 2kW, respectively.
In rural areas, he said solar energy is also being used to run tube wells and water pumps.
Talking to Dawn, Sikandar Shahzada, the owner of Sikandar and Co, said the boom in construction of highrise buildings, big government projects, vertical expansion in factories, etc has caused an alarming jump in import bill of power generating machines which need 20kVA to 100kVA generators.
A dealer in solar system and generators, Mr Shahzada said that in highrise projects, standby generators are a must to keep lifts moving coupled with ensuring power requirement for water pumping machines in case of power failures.
“People are fast moving towards solar power solutions since power rates and petrol/diesel prices have been going up for the last few years, while many buyers are unable to afford generators due to the rising cost of living,” he said. “Consumers are now well informed regarding affordable living choices and are opting for solar power systems whose sales are 100 per cent up compared to the last two years,” he claimed.
A 20kW solar system is considered feasible as many consumers after consuming low power transfer excess power to K-Electric under a deal for which a separate meter is installed, he explained.
The price of 20kW and 30kW solar systems is Rs1.85m and Rs2.8m, respectively, while the price of one kVA branded Chinese generator now costs Rs32,000 as against Rs26,000 some 10 months back, he said. A 2.5kVA power gadget costs Rs52,000-55,000, up by 15pc compared to price prevailing 10 months back, he added.
Mr Shahzada attributed the hike in generator prices to rising freight charges, global container shortages and soaring copper and steel prices which had offset the impact of low import cost on account of gaining rupee against the dollar in the last nine months.
In August 2020, one dollar was equivalent to Rs168.71 as compared to current inter-bank rate of Rs152-153.
Talking to Dawn, Pakistan Machinery Merchants Group (PMMG) President Khurram Saigal said household consumers and small and medium enterprises (SME) are reluctant to purchase generators due to a slowdown in loadshedding in the last few years. “High generator prices and consumer focus towards solar systems has hit sales of these machine. Sales to SMEs are down by 70pc in the last two years,” he claimed.
https://renewablesnow.com/news/siemens-gamesa-books-410-mw-of-turbine-orders-in-pakistan-in-fy-20192020-715727/
Gamesa Renewable Energy SA (BME:SGRE) has received 410 MW worth of wind turbine orders from Pakistan during its fiscal year to end-September.
Of the total, orders for 260 MW were booked in the final quarter of the 2019/2020 fiscal year, the turbine maker said.
The machines will be distributed between eight wind farm projects. Two of the projects are already under construction, with commissioning set to take place in November 2020 and February 2021.
The eight projects represent 205 of turbines from the 2.X platform, which Siemens Gamesa will supply, install and commission in partnership with an engineering, procurement and construction (EPC) contractor.
By the end of 2021, all eight wind farms will be fully operational. Once online, they will be capable of covering power consumption needs of up to 600,000 local households each year.
According to Siemens Gamesa, 40 million of people in Pakistan have no access to electricity. The government is committed to bring in modern renewables into the power mix, currently dominated by imported oil and natural gas.
As Pakistan continues its massive drive to plant 10 billion trees to reduce smog, the country's prime minister urged his citizens to heed the dire warnings in a U.N. climate change report released on Monday.
Prime Minister Imran Khan made the remarks as he inaugurated what officials say is the largest urban Miyawaki forest project in the world. Using a technique pioneered by the late Japanese botanist Akira Miyawaki, the forest covers 12.5 acres and has more than 165,000 plants. Officials say the trees are expected to grow 10 times faster than normal due to the Miyawaki technique of planting them close together.
The forest is one of 53 such sites in Lahore that are expected to work as carbon sinks. The city of 10 million has grappled with smog in recent years that has forced schools to close and earned it a ranking among the world's most polluted cities.
"Humans have done such a disservice to God's blessings, to this world, that many things - rising sea levels for instance because of warming and emissions - cannot come back to how they were before," Khan said in the central city of Lahore. "All of us living in the world today, if we do all we can, maybe we can save the world from even worse harm to come."
The U.N.'s Intergovernmental Panel on Climate Change said Monday that human influence has warmed the atmosphere, ocean and land. Even the starkest measures to reduce emissions, it said, would not prevent a global warming of 1.5 degrees Celsius, and the extreme weather and rising sea levels resulting from that change. read more
Since the tree planting drive started in 2018, the country has 1 billion more trees and is planting another 500 million during the monsoon season.
"If you are concerned about your children and their future, the least you can do is plant one tree and take care of it," Khan said.
Pakistan on Thursday appreciated the United States for greatly enhancing capacity of renewable energy projects by approximately 50% through its Sustainable Energy for Pakistan (SEP) project.
The statement comes after Pakistani officials and representatives from the US government celebrated the conclusion of the four-year Sustainable Energy for Pakistan (SEP) project, an official statement said on Thursday.
Through the SEP project, the US Agency for International Development (USAID) partnered with the Pakistani government to provide more affordable, and climate-friendly power to Pakistan’s national energy grid while fostering economic growth for the country, it added.
Speaking on the occasion USAID Mission Director Julie Koenen said that the SEP has contributed towards making the energy sector more competitive, modern, efficient, clean, and financially viable for Pakistanis. “I am hopeful that the impact of this work will go beyond the energy sector and benefit the entire economy of Pakistan.”
Also read: Pakistan urged to expand solar, wind capacity
Additional Secretary for the Ministry of Energy’s Power Division Waseem Mukhtar praised the USAID for its partnership, innovation and support in making Pakistan’s energy sector more sustainable.
Through this project, the USAID increased Pakistan’s wind and solar capacity by approximately 50% by leveraging more than $900 million in private investment and facilitating the addition of 860 megawatts of wind and solar projects.
The SEP also introduced and standardised several new technologies in Pakistan’s power sector, including smart meters, which the Pakistani government has expanded with its own funds.
The US government’s partnership with Pakistan’s energy sector spans many decades and covers a wide range of projects to help Pakistan modernise its energy sector and combat the effects of climate change.
The government of Pakistan is planning to build solar plants on top of canals spread across the region of Punjab, which hosts several canal irrigation systems.
The Punjab Power Development Board (PPDB) is currently seeking consultants to conduct a feasibility study for the deployment of solar plants on canals spread across the Gujranwala division, which is an administrative division in northern Punjab; and at the Rakh branch, which is a canal originating from Lower Chenab canal, in Gujranwala, and ending at Samundri, in Faisalabad district.
“Punjab has one of the widest-spread canal network[s] in the region; comprising of lined and unlined channels,” the authority said in the tender document. “Installations of solar PV panels on canal[s] … can avoid [the] use of expensive land for generating environment-friendly power. The generated electricity can be used by nearby localities or industry.”
The selected consultants will have to identify all lined and unlined canal parcels and distributary, minor canals that are suitable for canal-top solar power generation; and suitable power infrastructure located nearby, and select six sites. The deadline to submit proposals has been set for September 30.
According to a recent study from the University of California, Santa Cruz, in the United States, solar canals are already competitive with ground-mounted PV. Solar plants on canals have already been successfully built in India, where this technology has shown that solar power can also be generated without occupying land and, at the same time, reduce water evaporation.
https://www.reuters.com/business/cop/tax-breaks-kick-pakistans-electric-car-shift-into-higher-gear-2021-11-22/
Shaukat Qureshi, general secretary of the Pakistan Electric Vehicles and Parts Manufacturers and Traders Association, said the new tax cuts mean savings of up to 500,000 rupees ($2,900) on imported small electric vehicles.
He said many members of the association have used the incentives to order them for the first time.
There are no reliable figures on how many electric cars local importers have ordered brought into the country since the government announced the exemptions.
But in his other role as chief operating officer of car company Zia Electromotive, which imports and manufactures electric vehicles, Qureshi said he has ordered 100 small electric cars from China and plans to import 100 more every month after that.
Pakistanis - like many other people around the world - have historically been reluctant to switch to electric vehicles for reasons ranging from higher costs to lack of charging infrastructure and "fear of the unknown", said Ayaz at the EDB.
The tax cuts help remove the cost obstacle, he said - and could help create about 20,000 new jobs in the auto industry as Pakistani car companies start manufacturing electric cars, he predicted.
The charging infrastructure issue remains, though some companies have already established charging stations in big cities and along motorways.
Climate change and development expert Ali Tauqeer Sheikh said the government should encourage the private sector to install more charging stations near offices, homes and parking lots.
To overcome worries that electric vehicles may have no resale value, car manufacturers and dealers could offer buy-back guarantees, he added.
But, Sheikh said, simply selling more electric cars is not enough to tackle Pakistan's emissions and air pollution, since the total number of vehicles being sold - mainly traditional cars - is still growing every year.
He said the government needs to push to completely phase out fuel-run and hybrid vehicles by increasing taxes on them and provide affordable bank loans for people looking to buy electric.
"Poor people who use motorbikes and rickshaws deserve to have more electric vehicles on the roads to cut air pollution," he said.
Michael R. Bloomberg, the former mayor of New York City, will announce a $242 million effort on Tuesday to promote clean energy in 10 developing countries.
The investment is part of Mr. Bloomberg’s push, announced last year, to shut down coal production in 25 countries and builds on his $500 million campaign to close every coal-fired power plant in the United States. The announcement is tied to a gathering this week in Rwanda hosted by Sustainable Energy for All, an international group working to increase access to electricity in the global south.
The money will fund programs in Bangladesh, Brazil, Colombia, Kenya, Mozambique, Nigeria, Pakistan, South Africa, Turkey and Vietnam. Representatives of Bloomberg Philanthropies and partner organizations, including Sustainable Energy for All and the ClimateWorks Foundation, said they would work with local governments and businesses to develop spending plans.
Helen Mountford, the president and chief executive of ClimateWorks, said that specific ways Mr. Bloomberg’s money could be spent include research and analysis, public education campaigns, clean energy pilot programs and buyout payments to close existing coal plants.
“Which strategies are appropriate for each country will really be guided by the in-country partners who know them best,” Ms. Mountford said. “The first approach is to identify the relevant strategies per country and to start to identify who can help to deliver those and move those forward and get the funding to the ground.”
Success in the 10 nations would demonstrate to other countries that renewable energy can help, not hinder, economic growth, Mr. Bloomberg said in an interview by email. “The alternative is to meet growing energy needs by burning more coal, which would have disastrous consequences for public health and for the battle against climate change,” he said.
Climate campaigns tend to focus on industrialized countries, which are responsible for the vast majority of greenhouse gas emissions. But many developing countries have rapidly growing populations and economies, and rapidly increasing energy needs. How nations meet those needs will be a major factor in whether the world can decarbonize fast enough to avoid the worst consequences of a warming planet.
Developing countries “haven’t reached their peak in the amount of energy they actually need,” said Damilola Ogunbiyi, chief executive of Sustainable Energy for All. “We have a unique opportunity to drive that energy source being renewable from the start instead of going back again in another 30 years and try and transition them out of unsustainable sources of power.”
https://youtu.be/TsK-vBZEusY
پیٹرول سے نجات، ٹچ گیئر اور لیدر سیٹس۔۔۔ یہ پاکستان میں متعارف کروائی جانے والی الیکٹرک کار کی چند خصوصیات ہیں۔ اس کار کی چارجنگ کتنی دیر میں ہوتی ہے اور اس پر کتنا خرچہ آتا ہے، جانیے ہماری ویڈیو میں۔۔۔
Solar panels to generate 500MW of electricity after two years
https://tribune.com.pk/story/2365112/sindh-govt-plans-to-launch-floating-solar-power-project
"Work on the feasibility report of the project is in full swing and it is hoped that the project will start generating electricity in two years time after going through the approval stages," said Sindh Energy Minister Imtiaz Ahmed Shaikh, adding that Go Company, which was working on the project, was expected to invest US$400 million in the project.
The energy minister’s statement came during his talk with officials from power companies.
He said that this was a unique floating solar power plant project for Pakistan which would not only provide 500 MW of environmentally friendly electricity but would also create employment opportunities in the province.
"Keenjhar Lake will promote tourism and help in controlling load shedding," he added.
Imtiaz Shaikh said that the 500 MW eco-friendly power project was another milestone of the achievements of the Sindh government.
In recent months, Pakistan has seen efforts to increase the instalment and use of solar panels. The government worked towards a comprehensive solar energy package comprising tax waivers and concessionary loans for consumers in a bid to overcome the prolonged power outages that have stalled life in the country.
The solar package would include a short-term plan for shifting government offices to solar energy. It involves the preparation of a plan for helping small consumers to switch over to solar energy with the help of subsidies or concessionary loans.
The government is also planning to waive the general sales tax on all the components used in generating solar energy.
The energy task force, chaired by Shahid Khaqan Abbasi, reviewed the solar power plan in a recent meeting. The prime minister constituted the task force on solar energy initiatives with a vision to promote sustainable and green energy.
https://propakistani.pk/2022/07/30/this-fully-localized-electric-rickshaw-is-roomier-than-wagon-r/
According to a company representative, MUVA electric rickshaws are made in Pakistan completely from scratch at their state-of-the-art facility in Lahore.
Pakistan Auto Show (PAS) 2022 saw participation from numerous promising prospects. One such up-and-comer is YES Electromotive — a fully indigenous electric vehicle (EV) maker that seeks to launch MUVA electric rickshaws in Pakistan.
The company is still fine-tuning the product through testing and extensive research and development before officially launching these rickshaws in the market, the representative said.
Short for Modular Utility Vehicle Architecture, MUVA covers a development program for light commercial vehicles. These tiny EVs will serve the same purpose as a conventional rickshaw, but with zero tail-pipe emissions and at almost 7-times less running cost than a petrol-powered three-wheeler.
MUVA electric rickshaw is an ultra-light commercial EV that seats a driver and three passengers. It has a maximum payload capacity of 300 KGs and a curb weight of 450 KGs. It has a single permanent magnet electric motor that makes up to 10.7 horsepower.
The company representative added that the MUVA rickshaw will be sold as a commercial EV only and that the company will aim for fleet sales. He added that YES Electromotive also seeks to adopt a ride-hailing service operating model, whereby the riders will be able to summon these rickshaws via a mobile app.
YES Electromotive is shaping up to be a promising addition to Pakistan’s public transport sector. Stay tuned for more details.
The advancement by Lawrence Livermore National Laboratory researchers will be built on to further develop fusion energy research.
https://www.nytimes.com/2022/12/13/science/nuclear-fusion-energy-breakthrough.html
If fusion can be deployed on a large scale, it would offer an energy source devoid of the pollution and greenhouse gases caused by the burning of fossil fuels and the dangerous long-lived radioactive waste created by current nuclear power plants, which use the splitting of uranium to produce energy.
Within the sun and stars, fusion continually combines hydrogen atoms into helium, producing sunlight and warmth that bathes the planets. In experimental reactors and laser labs on Earth, fusion lives up to its reputation as a very clean energy source.
There was always a nagging caveat, however. In all of the efforts by scientists to control the unruly power of fusion, their experiments consumed more energy than the fusion reactions generated.
That changed at 1:03 a.m. on Dec. 5 when 192 giant lasers at the laboratory’s National Ignition Facility blasted a small cylinder about the size of a pencil eraser that contained a frozen nubbin of hydrogen encased in diamond.
The laser beams entered at the top and bottom of the cylinder, vaporizing it. That generated an inward onslaught of X-rays that compresses a BB-size fuel pellet of deuterium and tritium, the heavier forms of hydrogen.
In a brief moment lasting less than 100 trillionths of a second, 2.05 megajoules of energy — roughly the equivalent of a pound of TNT — bombarded the hydrogen pellet. Out flowed a flood of neutron particles — the product of fusion — which carried about 3 megajoules of energy, a factor of 1.5 in energy gain.
This crossed the threshold that laser fusion scientists call ignition, the dividing line where the energy generated by fusion equals the energy of the incoming lasers that start the reaction.
“You see one diagnostic and you think maybe that’s not real and then you start to see more and more diagnostics rolling in, pointing to the same thing,” said Annie Kritcher, a physicist at Livermore who described reviewing the data after the experiment. “It’s a great feeling.”
The successful experiment finally delivers the ignition goal that was promised when construction of the National Ignition Facility started in 1997. When operations began in 2009, however, the facility hardly generated any fusion at all, an embarrassing disappointment after a $3.5 billion investment from the federal government.
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In an interview, Mark Herrmann, program director for weapons physics and design at the Livermore, said the researchers then performed a series of experiments to better understand the surprising August success, and they worked to bump up the energy of lasers by almost 10 percent and improve the design of the hydrogen targets.
The first laser shot at 2.05 megajoules was performed in September, and that first try produced 1.2 megajoules of fusion energy. Moreover, analysis showed that the spherical pellet of hydrogen was not squeezed evenly, and some of the hydrogen essentially squirted out the side and did not reach fusion temperatures.
The scientists made some adjustments that they believed would work better.
“The prediction ahead of the shot was that it could go up a factor of two,” Dr. Herrmann said. “In fact, it went up a little more than that.”
The main purpose of the National Ignition Facility is to conduct experiments to help the United States maintain its nuclear weapons. That makes the immediate implications for producing energy tentative.
Fusion would be essentially an emissions-free source of power, and it would help reduce the need for power plants burning coal and natural gas, which pump billions of tons of planet-warming carbon dioxide into the atmosphere each year.
But it will take quite a while before fusion becomes available on a widespread, practical scale, if ever.
https://www.thethirdpole.net/en/energy/analysis-chinas-shifting-energy-investments-in-pakistan-from-coal-to-renewables/
China’s energy investments in Pakistan have so far focused on coal and hydropower projects. But several China-backed wind projects are now underway, and Islamabad says it is ready to go big on solar.
Until about a decade ago, the Jhimpir region in Pakistan’s southern province of Sindh was a dry, barren stretch of land, inhabited by nomadic tribes. Today, it is home to hundreds of mammoth rotating blades in about two dozen wind farms.
Around 90 kilometres from Karachi, Jhimpir is the heartland of Pakistan’s largest ‘wind corridor’, which has the potential to produce 11,000 megawatts (MW) of clean energy. Among early investors was the China Three Gorges Corporation, a Chinese state-owned power company, operating under an investment holding company, China Three Gorges South Asia Investment Limited.
The company has funded and built three wind projects with a combined capacity of nearly 150 MW. The first of these began construction in 2012. The latter two projects, completed in 2018, were funded under the China Pakistan Economic Corridor (CPEC), an integral part of Beijing’s flagship multibillion-dollar Belt and Road Initiative (BRI). In an official statement following Pakistan’s prime minister Shehbaz Sharif’s visit to China on 1-2 November 2022, Sharif reaffirmed the importance of CPEC to Pakistan’s development.
For the time being, renewables represent only a small portion of Pakistan’s power generation mix. Of a total of 43,775 MW, installed capacity for wind and solar represent around 4.2% (1,831 MW) and 1.4% (630 MW) respectively, according to the National Electric Power Regulatory Authority’s State of Industry 2022 report. In terms of CPEC, the November 2022 joint statement from China and Pakistan listed oil and gas as among the “priority areas of CPEC cooperation”.
But a recent shift in the direction of Chinese investment may be hugely significant for Pakistan’s energy future, and the climate.
The shift from coal?
In the years before the launch of CPEC in 2015, Pakistan was desperate to end its long, crippling power shortages. The country was keen to develop its untapped indigenous coal in Thar desert, but multilateral financial institutions were not interested. Along came China in 2013, with an offer to lend massive amounts for infrastructure development and coal mining.
Details of the financing deals are a closely guarded secret, but multiple Chinese-funded coal projects followed. Eight completed or under-construction coal projects are listed as part of CPEC, totalling 6,900 MW, which include four on Thar coal.
Then in 2021, after growing pressure on China – currently the world’s biggest polluter – to curb its greenhouse gas emissions, Beijing announced it would not build new coal-fired power plants overseas, and would increase support for low-carbon energy.
In December 2020, Pakistan announced that it would not build any new power projects that depend on imported coal, and pledged that by 2030 60% of its energy will come from clean and renewable sources. The government has since scrapped a number of potential coal projects, including a 300 MW plant at the Chinese-controlled Gwadar sea port in Balochistan. Reportedly, it is to be replaced by a solar plant.
https://www.thethirdpole.net/en/energy/analysis-chinas-shifting-energy-investments-in-pakistan-from-coal-to-renewables/
‘Greening’ CPEC
As Beijing tries to rebrand the BRI as an eco-friendly initiative, Chinese officials have promoted the idea of a ‘green’ CPEC. But Hina Aslam, research fellow at the Sustainable Development Policy Institute (SDPI), a think tank in Islamabad, points out that “in the energy sector, it has meant a greater focus on hydro rather than wind and solar”.
Besides wind energy in Jhimpir, China Three Gorges Corporation is investing heavily in what it is globally known for: hydropower (the company is behind the Three Gorges Dam in China, the world’s biggest power station). In June 2022, it completed a 720 MW project in Karot in northern Pakistan. Work is advancing on a 1,124 MW hydropower plant near Muzaffarabad, and a third 640 MW project has recently been approved in Mahl. The same company is behind both projects.
Put together, China Three Gorges aims to produce 2,500 MW of renewable energy in Pakistan, mostly through hydro. The Pakistan government – like many others – includes hydropower under the umbrella of renewable energy, but this is disputed by many environmentalists due to the often high environmental, social and financial costs of hydropower, including disruption of important riverine ecosystems. In Pakistan, dams are also politically contentious and a source of discord between upstream and downstream provinces. Yet, both Beijing and Islamabad appear keen to pursue hydropower.
But there are huge challenges facing Pakistan’s shift to renewable energy. “A lack of consistency in policy has been the biggest issue,” says Noman Sohail, senior business manager at China Three Gorges South Asia Investment Ltd. “Arranging lenders and finance for renewable projects is not a problem. But it’s disorienting when policies are reversed, tariffs renegotiated and unpaid capacity payments allowed to pile up.”
Growing popularity of solar
There is one form of renewable energy in particular that presents immense potential for Pakistan, but which has seen little investment to date: solar. A World Bank study in 2020 urged Pakistan to urgently expand solar and wind “to at least 30% of electricity generation capacity by 2030, equivalent to around 24,000 MW”. As of 2022, the proportion is 5.6% according to the National Electric Power Regulatory Authority’s State of Industry 2022 report.
Pakistan’s slow take-up of solar energy is evident from the fact that of the 21 energy projects completed or in development under CPEC, only one is solar: the 1,000 MW Quaid-e-Azam Solar Park in Cholistan Desert, Punjab, built by Chinese company Zonergy. This project, promoted as one of the world’s biggest solar parks, was meant to be completed by 2017. But only 40% of this capacity has been implemented so far.
https://www.thethirdpole.net/en/energy/analysis-chinas-shifting-energy-investments-in-pakistan-from-coal-to-renewables/
Suleman Rehman, chief executive of Burj Capital, a Dubai-based investment company focused on renewable energy in Pakistan, says that regardless of the government’s apparent lack of focus, the demand for affordable solar power is growing exponentially. “The competition is getting intense. More and more local players are coming up every month. Installing a 4 MW solar project is no longer a big deal for us,” says Rehman.
According to Rehman, the private sector is not waiting for policymakers to facilitate the energy transition. Those who can are turning to the solar option. That explains the recent proliferation of rooftop photovoltaic panels in big cities, as well as in off-grid villages across the country.
The solar future
Costly fuel imports have already had a crippling effect on Pakistan’s economy. This year, the volatility of global energy prices, exacerbated by Russia’s invasion of Ukraine, took a damaging toll on Pakistan’s foreign exchange reserves. The country was on the verge of a default before the International Monetary Fund agreed to step in to help it stay afloat.
In an attempt to reduce dependence on imported fuel, on 1 September 2022 prime minister Shahbaz Sharif announced the rapid deployment of 10,000 MW of solar power in the country. But details of how this will be achieved, and by when, are sketchy. The plan reportedly involves transitioning all public sector buildings to solar power. The proposal also encourages power plants running on coal, oil and gas to partially shift to solar power.
China will have a crucial role to play if this shift to solar is to happen, says Rehman, though it may come in a different form than the mega-projects seen under CPEC.
“China will still have a big role because they are producing the cheapest [solar] equipment worldwide. But I really hope the government won’t put this under CPEC because that would put local players at a disadvantage,” says Rehman.
Some Chinese companies will still be involved in investment in solar, but most will not be interested in small local projects, he feels. “In my experience, customers are happy for us to import Chinese-manufactured technology or their raw material, but they prefer to have local contractors and engineers to deal with.”
So far, Pakistan’s dependence on imports from China has prevented creation of local supply chains, says Rehman. That, he says, will need to change if the country is serious about exploiting its solar potential. “The government can facilitate this transition by encouraging domestic manufacturing,” argues Rehman.
https://pakobserver.net/green-investment-on-rise-pakistan-to-get-30-renewable-energy/
Until now, renewable energy sources make up a very minor fraction of Pakistan’s overall power generation mix. According to a recent report of the National Electric Power Regulatovry Authority, the installed capacity for wind and solar accounts for roughly 4.2% (1,831 MW) and 1.4% (630 MW) of a total of 43,775 MW, respectively.
China is already the biggest investor in green energy in Pakistan. Currently, out of the $144 million in foreign investment in solar PV plants in Pakistan, $125 million is from China, accounting for nearly 87% of the total.
Thanks to Chinese investments, a few weeks ago Federal Power Minister Khurram Dastgir Khan inaugurated two new wind energy projects in Jhimpir, Thatta District, Sindh, with an aim to produce cheaper and clean electricity through indigenous energy sources. Wind projects in this region have been one of several renewable energy projects to have received Chinese investment in recent years. Around 90 kilometers from Karachi, Jhimpir is the heartland of the country’s largest ‘Wind corridor’, which has the potential to produce 11,000 megawatts (MW) of energy from green resources.
https://www.pv-magazine.com/2023/02/15/pakistani-regulator-backtracks-on-amendments-to-net-metering-tariff/
Amid fierce public opposition, Pakistan’s National Electric Power Regulatory Authority (Nepra) has decided not to proceed with proposed amendments to its 2015 net-metering regulations. Nepra originally planned to reduce the tariff paid to net-metered households from PKR 19.32 ($0.072)/kWh to PKR 9/kWh.
Nepra says it will not move ahead with its draft amendments to Pakistan’s 2015 regulations for distributed generation and net metering.
In September 2022, the regulator proposed replacing the current national average power purchase price of PKR 19.32/kWh with the national average energy purchase price of PKR 9/kWh for net-metered households that inject excess electricity into the grid. The measure would have affected 20,700 households.
After public consultation, the public and consumers “strongly opposed the proposed amendments, citing reasons that electricity through net metering is one of the most efficient methods and the proposed amendment in the regulations would discourage net metering/solar installation,” Nepra said in an official statement about its decision to reverse the proposed amendments.
In the same statement, Nepra argued that electricity generated through rooftop solar should be mainly for self-consumption and “not for commercial sale.” However, it conceded that electricity from net-metered households represents less than 1% of the national distributor’s electricity purchases.
“The economic benefits of net metering in terms of displacement of costlier electricity, savings of foreign exchange and incurring minimal losses, cannot be ignored,” it added.
In September, Afia Malik, a senior research economist for the Pakistan Institute of Development Economics (PIDE), told pv magazine that she expects just 23 MW of excess electricity to be exported into the grid by the affected net-metered households.
The Pakistani authorities say that prospective developers must submit bids for a new 600 MW solar tender by May 8.
https://www.pv-magazine.com/2023/04/04/pakistan-issues-tender-for-600-mw-of-solar/
Pakistan's Alternative Energy Development Board (AEDB) has launched a tender to deploy 600 MW of PV capacity. It said the new solar projects will be built in the districts of Kot Addu and Muzaffargargh, Punjab province.
Selected developers will be expected to build the plants on a build, own, and operate transfer (BOOT) basis. They have until May 8 to submit project proposals. The deadline was originally set for April 17.
According to the latest statistics from the International Renewable Energy Agency (IRENA), Pakistan had 1,234 MW of installed PV capacity by the end of 2022. Last year, the nation newly installed 166 MW of solar capacity.
NEPRA, the country's energy authority, recently granted 12 generation licenses, with a total capacity of 211.42 MW. Nine of those approvals were granted to solar projects with a total capacity of 44.74 MW.
In May, NEPRA launched the Competitive Trading Bilateral Contract Market (CTBCM), a new model for Pakistan’s wholesale electricity market. The Central Power Purchasing Agency said the model will “introduce competition in the electricity market and provide an enabling environment where multiple sellers and buyers can trade electricity.”
Jeff Bezos and Bill Gates are among titans chasing almost Iimitless energy source
https://www.wsj.com/articles/tech-billionaires-bet-on-fusion-as-holy-grail-for-business-9a48a2ac
Sam Altman became a tech sensation this year as the CEO of OpenAI, the artificial-intelligence startup that seems pulled from science fiction.
But Mr. Altman, who has been among Silicon Valley’s most prominent investors for more than a decade, has placed one of the biggest bets of his career on a company that might be even more futuristic: a nuclear-fusion startup called Helion Energy Inc.
He is one of a number of tech founders and billionaires who hope to harness the process that powers the sun and stars to deliver almost limitless energy. Jeff Bezos, Peter Thiel, Bill Gates and Marc Benioff are among those betting that the decadeslong goal of building fusion reactors is now within years of being reality.
Mr. Benioff calls fusion a “tremendous dream.”
“It’s the holy grail. It’s the mythical unicorn,” said Mr. Benioff, the CEO of Salesforce Inc., who invested in the Massachusetts Institute of Technology spinout called Commonwealth Fusion Systems, which aims to create compact power plants. Mr. Gates is also an investor.
Fusion has long been seen as a clean-energy alternative to sources that burn fossil fuels and release greenhouse gases. Other technologies and applications being developed in the race for fusion power include powerful magnets, better lasers or radiation therapy for cancer research.
Fusion, Mr. Benioff added, “has no limits if you can get it to work.”
Developers mostly in the U.S., Canada and Europe have been riding a wave of momentum since August 2021, when scientists at Lawrence Livermore National Laboratory came close to achieving more energy in a fusion reaction than was put in with lasers, a goal known as net gain.
Many grew to believe that a breakthrough was imminent. It came in December when the national lab achieved net gain for the first time.
Nuclear fusion occurs when two light atomic nuclei merge to form a single heavier one. That process releases huge amounts of energy, no carbon emissions and limited radioactivity, but companies would have to sustain fusion reactions and engineer a way to turn that energy into net power.
The old saw about fusion is that it is a mirage years away and always will be. It is a long-shot bet even with the high-risk world of venture funding.
Mr. Benioff said he was persuaded by Vinod Khosla, the Sun Microsystems co-founder who was an early investor in private fusion, historically the province of academia and national labs.
Mr. Khosla’s interest hinged on the ability to build a large high-temperature superconducting electromagnet. He spent 15 months on due diligence and hired three teams to evaluate the design before investing.
He thinks that several fusion designs should be tested and is investing in another firm, Realta Fusion, a spinout from the University of Wisconsin-Madison. “Even if one of them can work, the planet is much better off is how I look at it,” he said.
As an investor, Mr. Khosla sees fusion this way: “Financially either you lose one times your money or you can make a thousand times your money,” Mr. Khosla said. “That’s the math of fusion.”
Industrial firms, major oil companies and sovereign-wealth funds are backing efforts along with the Department of Defense, which is in search of a toaster-sized power system for satellite propulsion.
“There’s a reasonable probability at least one, maybe two companies will demonstrate fusion conditions in this decade,” said Ernest Moniz, who is the chief executive of the nonprofit research group Energy Futures Initiative and a former U.S. Energy Secretary.
Mr. Moniz, a physicist, said that improvements in large-scale machine learning have sped experiments and helped several companies achieve or approach the extreme temperatures and pressures needed for fusion reactions.
https://renewablesnow.com/news/oracle-power-powerchina-team-up-on-1-gw-solar-project-in-pakistan-820530/
UK coal and gold mining projects developer Oracle Power PLC (LON:ORCP) and Power Construction Corporation of China (SHA:601669), also known as PowerChina, have agreed to partner in the potential joint development of a 1-GW solar project in the desert of southeastern Pakistan.
The Thar Solar Project will be based on the unutilised land at Oracle's Thar Block VI coalfield in the Sindh Province, which is located about 250 kilometres (155.3 miles) from the proposed site of the company’s green hydrogen project in the region.
The facility is expected to be equipped with about 1.5 million photovoltaic (PV) panels, providing an installed capacity of 655 watts per panel and generating about 1.7 billion kWh annually, a statement said on Wednesday.
Oracle has already obtained conditional permission from the local Sindh government to build solar plants at its 66.1-square-kilometre Thar Block VI.
The power to be produced from the solar plant could be injected into the national grid or sold to the grid of a private distributor. It could also be utilised to reduce the carbon footprint at other coalfields within the Thar Coal Power Project.
Under the cooperation agreement, the Chinese partner will help Oracle study the feasibility of the project and coordinate work with the government of China. The UK-based firm, in turn, will work on securing the funding of the project and also coordinate ongoing negotiations with the governments of Sindh and Pakistan.
“We look forward to working closely with our partners to swiftly establish ourselves as front runners in the production of renewable power and green energy solutions in Pakistan and in the broader region,” Oracle’s CEO Naheed Memon said in the statement.
The UK-based firm, which is focused on Western Australia and Pakistan, is also working on a 1.2-GW solar, wind and green hydrogen project in Sindh.
https://www.nation.com.pk/18-May-2023/unilever-pakistan-announces-its-partnership-with-k-solar
LAHORE-Unilever Pakistan has announced its partnership with K-Solar, a subsidiary of KE, to transition its operations to solar energy in Rahim Yar Khan and Karachi. This initiative represents a significant step towards achieving Unilever’s ambitious sustainability goals, including net zero emissions in its operations by 2039. Simultaneously, the firm will shed close to PKR 84 million a year in energy costs, facilitating the local economy by considerably reducing the strain on the national grid collectively generating approx. 2.3 million Kwh through renewable sources.
Unilever Pakistan’s Solar Captive Power Plant Phase 2 installation demonstrates their dedication to renewable energy solutions, leading to significant savings and CO2 reductions. At Futehally Chemicals Limited (FCL), the factory that manufactures Surf Excel for Unilever, the 362 kW system will save 496,035 kWh annually, reducing costs by approximately 18 million PKR and CO2 emissions by 233 metric tons. The 1000 kW installation at Rahim Yar Khan Factory will save 1,430,886 kWh, saving approximately 53 million PKR and a CO2 reduction of 662 metric tons per year. The 250 kW system at Rahim Yar Khan Estate will save 357,721 kWh, resulting in cost savings of 13 million PKR and a CO2 reduction of 165 metric tons annually. Unilever Pakistan’s investment in these projects reinforces their commitment to sustainability.
While Unilever’s own factories, offices, research labs, data centers, warehouses, and distribution centers account for only 2% of its total greenhouse gas footprint, the company acknowledges the significance of these emissions and is committed to eliminating them entirely. Abdul Hannan Ahmed Khan, Head of Supply Chain at Unilever Pakistan, expressed his enthusiasm for this collaboration, stating, “Unilever Pakistan is deeply committed to sustainable practices and minimizing our impact on the environment. This solar project is a testament to our dedication to combat climate change and create a brighter, cleaner future. By investing in renewable energy, we are not only reducing our carbon emissions but also driving positive change in the communities we operate in.”
Hashim Raza, CEO of K-Solar, emphasized the significance of joint efforts in realizing a sustainable energy future. He stated, “We are thrilled to partner with Unilever Pakistan on this journey. By combining Unilever’s leadership in sustainability and K-Solar’s expertise in renewable energy solutions, we are confident that we can make a substantial impact in reducing carbon emissions and promoting the use of clean energy sources.”
https://www.euronews.com/green/2023/06/13/spain-germany-poland-which-european-countries-added-the-most-solar-power-in-2022
Where are the major solar countries?
More countries than ever are real “solar contenders”, the report shows.
In 2022, the number of major solar countries - defined as those installing at least 1 GW annually - grew from 12 to 26. By 2025, the report predicts that more than 50 countries will be installing more than 1 GW of solar per year.
European countries make up 12 of the solar heavyweights, led by Spain, Germany, Poland, the Netherlands and Italy.
Poland’s solar development has flown past expectations. It’s mostly due to a surge in small rooftop ‘prosumer’ systems that enable homeowners to be rewarded for producing as well as consuming energy.
Ranked by the amount of extra solar they installed last year, here is the full list of the 26 major solar powers:
1. China
2. US
3. India
4. Brazil
5. Spain
6. Germany
7. Japan
8. Poland
9. The Netherlands
10. Australia
11. South Korea
12. Italy
13. France
14. Taiwan
15. Chile
16. Denmark
17. Turkiye
18. Greece
19. South Africa
20. Austria
21. UK
22. Mexico
23. Hungary
24. Pakistan
25. Israel
26. Switzerland
https://tribune.com.pk/story/2420254/can-pakistan-capitalise-on-solar-as-it-becomes-popular
In recent years, Pakistan has witnessed substantial investments in solar power projects, both domestic and foreign. It has introduced a financing scheme for renewable energy to make financing available for consumers in the private sector to invest in renewable electricity generation. Until February 2022, SBP had provided Rs74 billion (about $400 million) in financing to over 1,175 projects with a combined capacity of 1,375 MW in renewable energy.
The World Bank also reports that Pakistan has a potential of 40 GW of solar power and has set a target of achieving 20% of its electricity from renewable sources by 2025.
Pakistan has been heavily reliant on fossil fuels, particularly oil and gas, for power generation. However, the power production mix has undergone some changes in recent years.
According to the Pakistan Bureau of Statistics (PBS), as of 2020, fossil fuels accounted for approximately 63% of the total power generation, followed by hydropower at 29%, nuclear energy at 5%, and renewable energy at around 3%.
Despite its vast potential for solar energy, Pakistan has only scratched the surface of its capabilities. The country is blessed with abundant sunshine, making it an ideal location for solar power generation. Pakistan’s government, recognising the importance of renewable energy, has introduced favourable policies and incentives to promote solar energy development. The Alternative Energy Development Board (AEDB) offers net metering and feed-in tariffs to encourage residential and commercial solar installations.
The increasing attractiveness of solar energy is expected to drive significant capital investment in Pakistan. Foreign direct investment (FDI) in the renewable energy sector has already been on the rise. Solar projects, including large-scale solar farms and distributed solar installations, offer lucrative investment opportunities. The China-Pakistan Economic Corridor (CPEC) has also played a crucial role in fostering solar energy cooperation between the two countries.
Several challenges need to be addressed to fully harness Pakistan’s solar energy potential. These challenges include the high initial costs of solar installations, limited access to financing, lack of awareness about solar energy benefits, and inadequate grid infrastructure.
To overcome these obstacles, the current government is working on a new 25-year energy policy that seeks to have 20-30% of all energy derived from renewable energy sources by 2030. The policy also aims to reduce dependence on imported fuel products and increase the share of indigenous resources.
The current government has approved the Alternative and Renewable Energy Policy 2019, which provides incentives and facilitation for renewable energy projects. The previous government also faced challenges in implementing the National Electricity Policy 2021, which was approved by the Council of Common Interests in February 2021.
The policy aimed to ensure affordable, reliable and sustainable electricity supply for all consumers, but faced resistance from some provinces and stakeholders over issues such as tariff determination, power sector governance and distribution reforms. The shift towards solar energy as an attractive investment option signifies a significant turning point in Pakistan’s power production landscape. The country has ample solar resources that can be harnessed to reduce its dependence on fossil fuels, enhance energy security, and contribute to environmental sustainability.
With supportive government policies, increased foreign investment, and technological advancements, solar energy has the potential to revolutionise Pakistan’s power generation sector.
https://www.pv-tech.org/oracle-power-powerchina-to-build-1gw-solar-pv-plant-in-pakistan/
Located in Oracle’s Thar Block VI land – where it is currently developing a coal minefield – the project will be built in the southeast province of Sindh.
The agreement includes a feasibility study both companies will conduct, however, Oracle has not disclosed any date for the commercial operation of the solar project.
Power generated from the plant will either be integrated into the national grid or sold through power purchase agreements.
Oracle Power has been active in Pakistan lately where it signed a memorandum of understanding (MoU) with Chinese state-owned China Electric Power and Technology for the potential development, financing, construction, operation and maintenance of a green hydrogen project in the Sindh Province.
Along with the construction of a green hydrogen facility, the MoU also includes the development of a hybrid project with 700MW of solar PV, 500MW of wind power and an undisclosed capacity for battery storage.
The 1GW solar PV project with PowerChina will be located 250 kilometres away from the proposed green hydrogen project Oracle aims to build in Pakistan.
Naheed Memon, CEO of Oracle, said: “The proposed development of the Thar Solar Project provides Oracle with the opportunity to not only develop a sizeable renewable energy project in Pakistan, but also to bring a long-term and sustainable business to our Thar Block VI asset.”
These solar plants will generate 10,000 megawatts of electricity under the initiative, saving Pakistan's billions of dollars.
https://www.globalvillagespace.com/10000mw-solar-power-plants-to-be-installed-before-summers-2023/
The prime minister directed that work on the project begin immediately in order to bring respite to the masses before the next summer season begins.
These solar plants will generate 10,000 megawatts of electricity under the initiative, saving Pakistan’s billions of dollars.
In the initial phase, the electricity generated will be distributed to government buildings, tube-wells, and families that utilize less units of electricity.
He has also directed that a conference be held next week to solicit bids for the project.
The prime minister, who presided over a conference in Islamabad to bring huge relief to the people, stated that solar energy should be used instead of imported oil. The decision was taken with an aim to save the foreign exchange rate as the country would not need to spend billions of dollars on importing fuel for electricity generation.
He urged that the project be implemented as soon as possible by the relevant authorities.
The situation of loss in income and rising electricity bills makes a huge economic and financial burden on households. Skyrocketing electricity bills have blown the minds of consumers.
Consumers strongly condemned skyrocketed electricity bills in the month of August, even during long hours of unscheduled load shedding followed by blackouts by Islamabad Electric Supply Company (Iesco) and demanded that the federal government take up this burning issue immediately.
The Rawalpindi bench of the Lahore High Court (LHC) Tuesday suspended the collection of fuel price adjustment in electricity bills.
Justice Jawad Ul Hassan, while hearing the writ petition filed against the increase of taxes, directed WAPDA and NEPRA not to charge tax on consumers’ electricity bills. The judge also summoned the head of IESCO on September 15 and issued notices to the parties concerned to appear before the Court on the next hearing.
https://www.globalvillagespace.com/wapda-al-maktoums-private-office-join-hands-for-solar-power-development-in-pakistan/
Water and Power Development Authority (WAPDA) and the Private Office of Sheikh Ahmed Dalmook Al Maktoum have signed two strategic memorandum of understanding (MoUs) for the development of a floating solar power project of up to 1000MW on existing water reservoirs and the rehabilitation, upgradation, and capacity enhancement of four hydro power projects in Pakistan.
Chairman Lt. Gen. Sajjad Ghani (Retd) of WAPDA and Sheikh Ahmed Dalmook Al Maktoum expressed their mutual interest and enthusiasm to collaborate on future, long-term projects in Pakistan’s energy sector, with a specific focus on developing renewable energy solutions.
The MoUs aim to create a cooperative framework between the Private Office and WAPDA, facilitating collaboration and exploration of investment opportunities in Pakistan’s energy sector, particularly focusing on WAPDA’s small hydro power projects.
Read more: CPEC’s first hydropower plant in Pakistan begins full operations
Both parties have agreed to collaborate on upgrading and rehabilitating hydro power projects in Renala, Rasul, Chichokimalian, and Nandipur.
The parties have mutually agreed to collaborate in assessing the technical and economic feasibility of these projects, as well as formulating an implementation plan.
https://solarquarter.com/2023/07/20/longi-and-nimir-energy-forge-strategic-partnership-to-advance-solar-energy-solutions-in-pakistan/
LONGi and Nimir Energy announced the signing of a Memorandum of Understanding (MOU) aimed at fostering collaboration in the development and deployment of solar energy solutions. This strategic partnership marks a significant milestone in the pursuit of sustainable and clean energy sources to meet Pakistan’s growing energy demand.
Under the terms of the MOU, Nimir Energy and LONGi will work together to explore opportunities and synergies in solar energy projects and capacity-building initiatives. The collaboration will leverage Nimir Energy’s expertise in project development and LONGi’s cutting-edge solar technology to drive the adoption of renewable energy in pan-Pakistan, pushing the government’s intent to promote solar.
Nimir Energy is part of Nimir Group, providing services in renewable energy with a primary focus on solar EPC for industrial, commercial and residential users. Nimir Group has been serving Pakistan and its business community since 1964 with a diversified range of products.
With climate action in full swing, Nimir would like to play a positive role in bringing in the right resources to ensure Pakistan’s transition to clean and sustainable energy. The company’s commitment to sustainable development aligns perfectly with LONGi’s vision to enable the world to transition to a low-carbon future through its industry-leading solar products and solutions.
LONGi, renowned for its high-efficiency solar modules and advanced photovoltaic technology, has emerged as a global leader in the solar industry. By joining forces with Nimir Energy, the company aims to expand its reach and accelerate the development of solar energy projects in key markets around the world.
“We are delighted to enter into this strategic partnership with LONGi, a company that shares our commitment to advancing renewable energy solutions,” said Waqas Ahmed Rana, COO of Nimir Energy. “Through this collaboration, we will combine our strengths and resources to drive innovation and promote the widespread adoption of solar energy, contributing to a more sustainable future.”
“LONGi is excited to join forces with Nimir Energy, a respected player in the renewable energy sector,” stated Ali Majid, Country head, Sales of LONGi. “Together, we can unlock new opportunities and create lasting impact by accelerating the deployment of solar energy projects worldwide. This collaboration exemplifies our dedication to addressing the challenges of climate change through technology innovation and sustainable business practices.”
With 90 terawatt-hours of total energy needed, Pakistan ranks among the top countries with huge potential for solar energy. Rising electricity prices and instability in the grid have added further to the woes of the average Pakistani consumer. LONGi envisions solving this problem by providing a cost-effective and high-quality solution to the public at large. As the biggest panel manufacturer in the world, LONGi plans to cater to all kinds of consumers with a focus on industrial users to provide services unparalleled in the market.
https://www.dawn.com/news/1827302
As the auto market continues to grow in Pakistan, new players are setting their sights on introducing hybrid as well as electric vehicles (EVs) in the country, and one of the largest automakers has announced its entry into Pakistan.
The BYD Group of China has recently announced its entry into the passenger vehicle market in Pakistan in collaboration with Mega Conglomerate Pvt Ltd, the parent company of Hub Power and Haleeb Foods.
During a signing ceremony recently held in China, Aly Khan, executive director of Mega, highlighted plans to promote EV adoption in Pakistan.”
He stated that three BYD showrooms would be established in Karachi, Lahore, and Islamabad in 2024. The move is expected to accelerate the electrification of Pakistan’s automotive industry, which has largely been based on petroleum fuel.
Meanwhile, a senior official of the Ministry of Industries and Production said that BYD and Mega have not applied for the licence to establish an assembly plant in Pakistan. It is more likely that the company and the local partner would import the vehicles into Pakistan, as other EVs, including some European brands, are being sold in the country.
There are several models of EVs and hybrid electric cars in the country, but currently, only the Indus Motor Company is manufacturing a hybrid electric vehicle (HEV) — the Toyota Corolla Cross, while two new entrants are assembling hybrid vehicles.
Ali Asghar Jamali, chief executive officer of Indus Motor Company, said that the auto sector was transforming towards reducing dependency on fossil fuels, which was especially important in countries where petroleum fuel was imported.
However, Mr Jamali added that, considering Pakistan’s current energy landscape, there are challenges in introducing battery electric vehicles (BEVs), as there is heavy reliance on petroleum fuel, which hinders the immediate adoption of BEVs.
“The HEV technology presents a practical and efficient solution in the current scenario, as electricity and electric chargers are not available everywhere,” he added.
Possibly due to these infrastructure hurdles, mostly related to the lack of charging ports and continuous availability of electricity, the National Electric Vehicle policy introduced in November 2019 has failed to attract any single four-wheeler EV assembler in the country.
Responding to the query, Asim Ayaz of Engineering Development Board, an attached department of the Ministry of Industries and Production, said that 34 licences have been obtained by two and three-wheeler manufacturers.
He acknowledged that issues related to the launch of EV vehicles in the country, such as the lack of financing for customers as EVs are more expensive due to the higher cost of batteries, but added that the ministry is proposing to have an EV charging station at every gas station to enhance the availability of charging options.
Two local players, Haval of Sazgar Engineering Works Ltd, and Hyundai Nishat Motors, are already assembling hybrid vehicles, while the third local player is also set to enter the non-conventional vehicle market of Pakistan on a larger scale.
Since they have the grace period up to June 2026 under the Greenfield option, these companies were only assembling vehicles in the country.
Apart from cars, Sazgar is a key player in manufacturing electric auto rickshaws in the country, and in late 2022, Haval introduced Pakistan’s first locally assembled hybrid electric vehicle. Later in October 2023, Hyundai Nishat introduced its hybrid car.
On the other hand, MG Pakistan has decided to enter the market on a larger scale with all three categories of the new energy vehicle (NEV) class.
These include hybrid vehicles that have inbuilt charging, the other category is the plug-in charging where the vehicles operate on fossil fuel and have the option for plug-in charging too in case of fuel shortage, and the third category is the electric vehicle.
https://www.bloomberg.com/news/articles/2024-08-15/ev-giant-byd-plans-to-build-karachi-plant-as-part-of-entry-into-pakistan/
Workers assemble a BYD Co. Dolphin compact hatchback electric vehicle inside the company's new plant in Nikhom Phatthana, Rayong province, Thailand, on Thursday, July 4, 2024. BYD's shares have defied heavy losses in EV stocks around the world to gain more than 6% in Hong Kong this year thanks to the introduction of the fifth generation of its plug-in hybrid drive system in May. Photographer: Valeria Mongelli/Bloomberg (Valeria Mongelli/Bloomberg)
(Bloomberg) -- Chinese electric carmaker BYD Co. plans to build a factory in Karachi with a local partner to capture a share of Pakistan’s growing EV market, according to a person familiar with the matter.The company will reveal three models it plans to sell in Pakistan, including an SUV and a sedan, at its brand launch on Saturday, said the person, who asked not to be identified due to rules on speaking to media. BYD aims to introduce additional models, including both battery-electric and plug-in hybrid vehicles, to the market at a later date. A BYD spokesperson confirmed it planned to enter the market with battery-electric and plug-in hybrid vehicles but declined to comment on its plans to invest in a factory in Pakistan and other details. Pakistan is the world’s fifth-largest nation by population that has seen Chinese companies including Great Wall Motor Co., SAIC Motor Corp. and Chongqing Changan Automobile Co. enter the market in recent years and compete with Japanese companies including Toyota Motor Corp and Honda Motor Corp.’s local units. EV sales are still marginal in Pakistan relative to total auto sales.BYD has teamed up with one of Pakistan’s largest business groups, Mega Conglomerate Pvt., in a partnership deal that goes beyond the usual dealership model they have in most markets, the person said. The Chinese company will be working in a joint venture with Mega Motors, a subsidiary of Hub Power Co., Pakistan’s largest independent electricity producer.
The factory will be set up near Karachi’s Port Qasim area that houses assembly plants for other automobile companies including Toyota, Suzuki Motor Corp. and Kia Corp.’s local units. It will be completed in the first half of 2026 with exact details of the plant still under discussion, according to the person.BYD will set up showrooms in Karachi, Lahore and Islamabad to start selling in the fourth quarter this year, said the person.China’s best-selling car brand, which sold three million units in 2023, is making a big push especially in Southeast Asia, Europe and Latin America, to capitalize on its status as a top EV and hybrid maker.The Shenzhen-based firm, which has a presence in more than 80 countries, has signed deals with Hungary, Turkey and Brazil to start EV production. Its first factory outside of China opened in Thailand last month.
@FaseehMangi
Changan launches EVs in Pakistan
The cars were designed in Italy by designers who worked on Buggati and Lamborghini Urus
Deepal L07 and S07 are priced at 15.5m-16.5m rupee
https://x.com/FaseehMangi/status/1824347849758302478
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DEEPAL: Changan Motors unveils electric-first brand in Pakistan
https://arynews.tv/master-changan-motors-unveils-electric-first-brand-deepal/
KARACHI: Master Changan Motors Limited (MCML), a joint venture between Master Group of Industries and Changan International, unveils Changan’s electric-first brand, DEEPAL on August 16th, 2024, at Dolmen Mall Clifton, Karachi. Customers can have first-hand experience and test drive cars at Dolmen Mall until the 25th of August.
MCML unveiled the brand Deepal with 2 models, L07, the pure electric sports luxury sedan and S07 the pure electric premium SUV. Both cars offer thrilling 250 HP and 320 Nm of instant torque, going from 0-100 km/hr in just 5.9 seconds. The Ternary Lithium battery by CATL has a capacity of 66.8 kWh and provides an exceptional range of up to 540 km in L07 and 485 km in S07. The cars are designed in Italy in Changan’s R&D center and have won the German RedDot design award in 2023 with its head-turning futuristic design language.
The indicative introductory price announced is comparable to other cars with gasoline engines (both ICE & Hybrids). MCML is offering a complementary fast home charger of 7kW with every car that can charge in 5-8 hours.
The word DEEPAL signifies Deep Friendship (Pal), the brand was born from a joint partnership between three global giants: Changan, Huawei, and CATL who join hands to create best value for customers using economies of scale. Changan, one of China’s largest and oldest automobile brands developed the EV-first EPA-01 platform. Huawei contributes with its advanced Harmony OS intelligent software using the Snapdragon 8155 processor, while CATL, the world’s leading battery manufacturer, provides the Ternary Lithium battery with 99% SOC accuracy virtually eliminating the range anxiety.
41% of Pakistan’s energy mix is based on non-fossil fuel energy generation, on the other hand the oil import bill of USD 15.16bn is Pakistan’s largest imported commodity that has the most burden on the country’s foreign reserves. It makes
ZINGER KEY POINTS
BYD will build an EV plant near Karachi's Port Qasim and open showrooms in Karachi, Lahore, and Islamabad.
The new factory, expected to be completed by mid-2026, marks BYD's strategic entry into Pakistan’s growing but small EV market.
https://www.benzinga.com/markets/equities/24/08/40419284/teslas-chinese-rival-byd-set-to-electrify-pakistan-to-open-new-ev-plant-and-showrooms
BYD Co., Ltd. BYDDY is reportedly set to establish an electric vehicle (EV) plant in Pakistan as part of its strategy to grow its presence in the global auto market.
At its brand launch on Saturday, the company will display three models it plans to sell in Pakistan, including an SUV and a sedan, reported Bloomberg.
BYD plans to launch new models, including battery-electric and plug-in hybrid vehicles, to the market later.
A BYD spokesperson confirmed to Bloomberg that the company plans to enter the market with battery-electric and plug-in hybrid vehicles but declined to comment on the factory investment in Pakistan and other specifics.
BYD Co., Ltd. BYDDY is reportedly set to establish an electric vehicle (EV) plant in Pakistan as part of its strategy to grow its presence in the global auto market.
At its brand launch on Saturday, the company will display three models it plans to sell in Pakistan, including an SUV and a sedan, reported Bloomberg.
BYD plans to launch new models, including battery-electric and plug-in hybrid vehicles, to the market later.
A BYD spokesperson confirmed to Bloomberg that the company plans to enter the market with battery-electric and plug-in hybrid vehicles but declined to comment on the factory investment in Pakistan and other specifics.
https://www.reuters.com/business/autos-transportation/chinas-byd-plans-car-plant-karachi-part-pakistan-entry-2024-08-17
KARACHI, Aug 17 (Reuters) - Chinese electric vehicle giant BYD (002594.SZ) on Saturday announced plans to open a car production plant in Pakistan, where it will also start selling three models through a partnership with Mega Motors.
BYD is the first major new electric vehicle (NEV) entrant in the Pakistani market, where there is a lack of charging infrastructure.
"Our entry into the Pakistani market is not just about bringing advanced vehicles to consumers," said Liu Xueliang, BYD's general manager for Asia Pacific.
"It's about driving a broader vision of environmental responsibility and technological innovation."
BYD also plans to open three "flagship stores and experience centres" in Karachi, Lahore and Islamabad, the company said at a launch event in Lahore, adding it plans to start selling two SUV models and a sedan from the fourth quarter of 2024.
Mega Motors is a unit of Pakistan's largest private utility Hub Power Co Ltd (HPWR.PSX), known as Hubco.
"We will establish Pakistan's first NEV assembly plant... dedicated to producing BYD's cutting-edge new energy vehicles," said Hubco Chief Executive Kamran Kamal, who described the deal as a "landmark investment".
The new plant will begin operations in 2026, Kamal told Reuters.
Hubco will setup fast-charging stations across major cities, motorways and highways to enhance Pakistan's charging infrastructure.
https://www.brecorder.com/news/40273844
In Pakistan, 32 companies have so far received manufacturing licenses under the Electric Vehicles (EVs) Policy 2020–2025 and all of them are two and three wheeler manufacturers, a govt official told Business Recorder on Friday.
No four wheel manufacturer has approached the government till date for the license under EVs policy, said Asim Ayaz, General Manager Policy, Engineering Development Board (EDB).
“One or two companies are working on EV four wheelers. However, no formal request has been received so far for the licenses,” he said. “We believe that EV penetration will be more in 2-3 wheelers, which shows the interest of manufacturers. And it will happen at a fast rate.”
The electrification of 2-3 wheelers would be followed by cars, but at a slower rate, he added. “Electrification of cars will be followed by buses on fixed routes.”
According to the Ministry of Climate Change, the transport sector is the leading factor in the deterioration of environmental conditions with a share of 43% in Pakistan’s current environmental woes. Pakistan is one of the most affected countries due to climate change.
To put things in perspective, there are 26,884,786 registered motorcycles (two-wheels) in Pakistan; 1,001,860 three-wheelers; 4,499,423 four-wheel vehicles, according to Pakistan Economic Survey 2022-23. The total registered vehicles including two-, three-, four-wheels, buses and trucks on Pakistan roads are 34,907,449. The number includes all vehicles registered till September 2022.
The government of Pakistan approved an ambitious National Electric Vehicles Policy (NEVP) in 2019 that aimed at seeing electric vehicles take 30% share of all the passenger vehicle and heavy-duty truck sales by 2030, and 90% by 2040. Meanwhile, a more ambitious goal was set for two- and three-wheelers and buses at 50% of new sales by 2030 and 90% by 2040.
“There’s slow progress in that direction. At the present pace, the targets set for 2030 will be missed by a big margin,” said Dr Aazir Anwar Khan, Founder and Director Integrated Engineering Centre of Excellence (IECE), University of Lahore.
However, an official of the Ministry of Climate Change disagreed and said the electrification of automobiles was gradually gathering pace.
“You’ll see electric buses in Karachi and now electric bikes and EVs are not rare sights anymore,” said the official, on condition of anonymity.
What’s happening on the ground?
Electric bikes and cars are now making it to showrooms in Pakistan. One can now see an electric bike, e-tron – a high-end electric car or an electric bus every now and then. It’s not a rarity anymore.
At Karachi’s main two-wheel – motorcycle market Akbar Road, Sabir Sheikh, who owns half a dozen shops, is already seeing behavioral change of buyers.
“Motorcycle buyers have started to inquire about electric bikes, scooty, and scooters options. I believe many have postponed buying a normal two-wheeler with expectations that an electric two-wheel model may soon enter the market that is closer to their need,” said Sheikh, who is also the Chairman, Association of Pakistan Motorcycle Assemblers (APMA).
Sheikh said he also plans to start his own company to manufacture two-wheel EVs, assembler them, and also sell the electric bikes. He has run a motorcycle manufacturing company with the name Sitara in the past.
Sheikh is already selling electric scooters at his shops.
Transitioning to electric bikes
Sources privy to the matter said the ministry of climate change is the secretariat of electric vehicles policy, which can incentivise the sector for faster adoption.
Meanwhile, Aazir Khan has been an advocate for widespread EV adaption and removal of fiscal barriers on its offering to the public through scoping and advocacy studies under the Pakistan EV oversight committee.
https://propakistani.pk/2024/08/19/k-electric-to-double-pakistans-solar-energy-capacity-in-next-2-years/
K-Electric Limited plans to add 640 megawatts of clean energy to its portfolio within the next two years which would double Pakistan’s solar energy capacity, reported Bloomberg.
Chief Strategy Officer Shahab Qader Khan said the bidding process for this begins on August 19 (today) and will close next month. The projects will include 200 megawatts of hybrid solar wind generation.
Solar energy makes up just 1 percent of the national energy mix, and K-Electric wants to alleviate some of the prevalent burden of electricity bills on residential consumers by reducing the country’s dependence on expensive fuel imports.
Looking ahead, K-Electric plans to add 1,200 megawatts of renewable energy over the next five years, while scaling back on costly energy sources like liquefied natural gas and fuel oil.
Pakistan currently faces high electricity costs due to heavy reliance on fossil fuel imports. It is pertinent to mention that monthly power bills have surged by 155 percent since 2021 and now exceed rent expenses for many households across the country.
https://www.ft.com/content/bf1e6817-5313-4b6e-8e47-9e2960d30ecc
Chinese electric-car maker BYD’s expected expansion into Pakistan has raised hopes in the country that the Warren Buffett-backed company can help jump-start exports in the automotive manufacturing sector. Pakistan’s biggest private electricity producer Hub Power (Hubco) said last month that its subsidiary Mega Motor was entering a partnership with the Tesla rival to set up the country’s first electric vehicle assembly plant by 2026. BYD’s Pakistan plan would mark the company’s first venture into south Asia after being blocked in India by Prime Minister Narendra Modi’s government, which has restricted Chinese investment. Hubco’s chief executive Kamran Kamal said in an interview with the Financial Times that the ultimate goal was for Pakistan to start exporting vehicles from the plant near Karachi’s Port Qasim. “We have big ambitions to be the leading carmaker in this country by the end of the decade,” said Kamal. “For any industry in Pakistan to be competitive, they should be focused on the export market.” Pakistan’s finance minister Muhammad Aurangzeb said the government was encouraging BYD to export to markets in Africa and south Asia, including Bangladesh and Sri Lanka. Trade between India and Pakistan has been reduced since 2019 after a security crisis between the two countries. “We want that Pakistan becomes an export hub, period,” Aurangzeb said in a separate interview with the FT. “Korean brands are here, the Japanese brands have been here . . . but the reality is we haven’t been exporting.” BYD said details of its Pakistan plans had yet to be formally announced and declined to comment further. The company’s expansion into south Asia comes as it is also establishing factories in Turkey, Hungary, Thailand and Brazil. BYD has also been scouting locations for a new factory in Mexico. The carmaker is expanding its manufacturing footprint beyond China as countries impose increasing tariffs on Chinese exports, including on EVs, solar panels and wind turbines. Tu Le, founder of consultancy Sino Auto Insights, said the aggressive international expansion plans would help BYD export to fast-growing markets despite tariffs in the US and Europe. But he warned that BYD should not expect the same “unfettered growth” the company has enjoyed in China as it learns to manage factories in different countries. “Chinese companies are used to having a lot of control. What they are going to find is that due to labour laws, different work ethics, different cultures, they’re going to have a lot less control than they normally would,” he said. Recommended The Big Read The ambitions of China’s BYD stretch well beyond electric vehicles Hubco is a joint venture partner for a number of Chinese power projects established under the China-Pakistan Economic Corridor, a $60bn infrastructure network that is part of Beijing’s Belt and Road Initiative. The company has no prior experience manufacturing vehicles but it aims to use its extensive power generation network to set up EV charging infrastructure throughout the country of 240mn people, Kamal said. The exact size of the investment and the types of models that will be assembled in the Karachi plant “are being discussed”, he said. Hubco said it expected to sell 100,000 BYD plug-in hybrid and fully electric cars in Pakistan a year by 2030, representing about a quarter of total cars sold in Pakistan, according to the company’s estimates.
https://www.dawn.com/news/1860776
In a stock filing on Monday, SEWL said the board of directors had approved the plan, which includes the expansion of the existing paint shop, construction of new warehousing facilities, installation of a solar system of 4-megawatt and construction, erection, installation of new manufacturing facilities for the local assembly of NEVs subject to the approval of relevant government regulatory authorities.
The board also approved an estimated expansion cost of Rs4.5 billion, excluding land, which will be financed from the internal cash resources.
SEWL’s profit swelled by 697pc to Rs7.94bn in FY24 from Rs995m in FY23. Net sales rose to Rs57.6bn from Rs18bn.
The board also recommended a final cash dividend of Rs12 per share in addition to the interim already paid at Rs8 per share.
Besides Sazgar, Dewan Farooque Motors Ltd (DFML) last week said it had started production of EVs at its assembly plant after receiving approval from the Engineering Development Board (EDB).
China’s electric vehicle leader, BYD, has also announced plans to test the potential of EVs in Pakistan. Master Changan Motors Ltd has also launched its EV vehicles — Deepal L07 sedan and Deepal S07 SUV in Karachi — now available at the company’s 18 dealership network across 12 cities.
https://www.pv-magazine.com/2024/09/25/jcm-power-wins-240-mw-hybrid-pv-wind-project-in-pakistan-with-0-031-kwh-bid/
JCM Power has won a 240 MW hybrid wind-solar project in Pakistan with a bid of $0.031/kWh. The facility will be located in Dhabeji, near Karachi, and will supply power to local utility K-Electric.
Canada's JCM Power has said that it will build a 240 MW (AC) hybrid wind-solar project in Dhabeji, near Karachi, Pakistan.
The company secured the project through a procurement exercise held by utility K-Electric. It submitted a bid of PKR 8.9189 ($0.031)/kWh. The tender was held with the supervision of the National Electric Power Regulatory Authority (NEPRA).
JCM Power said it will partner with Pakistan-based Burj Capital and Gharo Solar Limited in the development and construction of the facility.
The project has been described as the largest renewable energy facility to be included in K-Electric's network to date. It will be linked to a 220 kV grid station operated by the private utility.
Pakistan’s cumulative installed solar capacity stood at 1.2 GW at the end of 2023, according to figures from the International Renewable Energy Agency (IRENA).