Growing Market for Solar in Pakistan: Trina Solar Shines Light on Promising Opportunities
Published on: February 26, 2024.
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Pakistan’s Demand for Solar Energy Surges
Lahore: 26 February, 2024 – The demand for solar energy in Pakistan is skyrocketing as more households and businesses realize its reliability and cost-effectiveness. According to Bloomberg New Energy Finance (BloombergNEF), Pakistan imported solar products worth USD$1.11 billion between January and September 2023, equivalent to approximately 4GW of modules. This increase aligns with the Private Power and Infrastructure Board (PPIB) releasing guidelines in September 2023 to fast-track power purchase agreements for solar projects and integrate solar panels onto public buildings.
Trina Solar, a world-renowned leader in smart PV technology and energy storage solutions, foresees significant growth in the Pakistani market. This optimism is based on solar initiatives, fluctuating fuel prices, and technological advancements. Trina Solar focuses on reducing solar project costs with the introduction of high-power modules, like the 210mm n-type i-TOPCon Advanced technology, which meets the Pakistani market’s preference for high-power output. Trina Solar leads the industry’s transition into the 700W era.
Trina Solar’s impact in Pakistan’s energy sector is evident through its projects across the country in various market segments, including residential, commercial and industrial (C&I), and utility scale. For example, FectoCement’s (FSEL) 5MW solar project in Islamabad and Asif Rice Mills’s 4MW rooftop solar project in Larkana feature Trina Solar’s industry-leading 210mm Vertex modules. C&I installations can also be found at Packages Mall’s rooftop in Lahore and Fish Farm Variable Frequency Drive’s (VFD) Northern Bypass in Karachi.
Dave Wang, Subregional Head of Trina Solar Asia Pacific, emphasizes the company’s commitment to empowering diverse entities across Pakistan, fostering economic prosperity and environmental stewardship. Wang states, “Our mission ‘Solar Energy for All’ drives our commitment to delivering industry-leading modules, enabling our customers to achieve ‘grid parity,’ making it more economical to generate electricity from solar modules than to rely solely on the conventional grid.”
Wang highlights the significant impact on households and businesses, pointing out that reducing the cost of electricity makes a substantial difference, especially with the recent surge in prices. Additionally, residences and businesses facing prolonged power blackouts can now rely on an alternative source of electricity.
To illustrate the financial benefits, Wang provides an example of a residential household with a monthly electricity consumption of 500 units, resulting in a monthly bill of approximately Rs. 20,000. By investing in a 5kW system generating 6200 units at a cost of Rs. 900,000, the homeowner can potentially save Rs. 341,000 annually. In this scenario, the modules would essentially cover their own costs within 2-3 years.
The adoption of solar power is most prominent in major cities like Islamabad, Karachi, and Lahore, driven by higher population density and increased awareness of solar module technology. These cities benefit from multiple installers, offering a range of options and reflecting the growing interest in solar energy in densely populated urban areas.
Building on this momentum, Trina Solar will take center stage at the Solar Pakistan exhibition in Lahore (27-29 February), showcasing its latest Vertex N range of 210mm modules powered by n-type i-TOPCon Advanced cell technology. The exhibition will also highlight Trina Solar’s energy storage systems, demonstrating its ability to provide integrated smart PV solutions.
Trina Solar will launch in Pakistan the Vertex N 720W (Vertex N NEG21C.20), an n-type i-TOPCon bifacial dual glass module with a maximum module efficiency of 23.2%, designed for compatibility with existing mainstream system components. It features super multi-busbar (SMBB) technology for better light trapping effect, lower series resistance, and improved current collection, making it most suitable for utility projects.
Other modules on display include the:
– Vertex N NEG19RC.20, a 620W bifacial dual glass module with a maximum efficiency of 23.1%.
– Vertex N NEG20C.20, a 645W bifacial dual glass module with a maximum efficiency of 22.8%.
– Vertex DE19R, a mono-facial 585W monocrystalline module with efficiency up to 21.6%.
Trina Solar’s Vertex modules showcase cutting-edge technology tailored to withstand Pakistan’s diverse climate. Rigorous performance trials guarantee the modules’ resilience against extreme weather conditions. Certifications from globally renowned third-party organizations affirm their quality and performance.
Additionally, Trina Solar will showcase the latest TrinaStorage product, Elementa 2, a 4.07MWh capacity energy storage system designed for utility-scale projects. It features Trina’s proprietary 306Ah lithium iron phosphate (LFP) cell and demonstrates intelligent management of its liquid cooling system and rack-level battery management. TrinaStorage is a Tier 1 Global Energy Storage provider and an indispensable partner for EPCs and developers.
In summary, Trina Solar’s presence in Pakistan signifies a milestone in advancing renewable energy solutions. With cutting-edge technologies showcased at the Solar Pakistan exhibition, Trina Solar reaffirms its commitment to becoming a total solutions provider for renewable energy.
Trina Solar’s stand at Solar Pakistan is in Hall 1 booth B1-7.
**Source:** [Brandsynario](https://www.brandsynario.com)
