LAHORE: China’s large-scale solar development and continuous innovation and the complete industrial chain reduces production costs and produces new energy the most affordable product in the world. Pakistan China Joint Chamber President Moazzam Gurki said Commerce and Industry (PCJCCI) at a think tank meeting held at the PCJCCI Secretariat on Thursday.
He said the change would benefit the global community, whose current capacity is still less than the amount needed to meet decarbonisation targets. Developing countries, in particular, need more advanced solar capacity to make electricity more affordable and affordable for households and businesses. Pakistan has 40 GW of solar energy potential and aims to get 20 percent of its electricity from renewable sources by 2025.
Senior Vice President of PCJCCI, Fang Yulong, said that the development of China’s solar industry has played an important role in the stable supply of solar products to combat global climate change, making solar energy the cheapest energy source for most countries. . and the area.
Hamza Khalid, vice president of PCJCCI, said China’s rich resources, innovative technology and extensive global connections can make important contributions. “We look forward to more effective cooperation with Chinese leaders and companies in solving the migration challenge of climate change.”
PCJCCI General Secretary Salahuddin Hanif said that despite the huge potential for solar energy, Pakistan has only scratched the surface of its potential. With abundant sunlight, it is an ideal place for solar energy production.
The China-Pakistan Economic Corridor (CPEC) also plays an important role in promoting solar energy cooperation between the two countries.
