Pakistan becomes the second-largest market for Chinese solar products
Pakistan has become the second-largest market for Chinese solar products, reflecting its commitment to energy transformation.
Data from the China Photovoltaic Industry Association indicates that in the first half of 2024, Asia surpassed Europe as the top destination for photovoltaic (PV) exports, with Pakistan following Europe for module exports.
Inverters exported to Pakistan saw a remarkable year-on-year increase of 429.04%.
The Pakistani government aims for renewable energy to constitute 20% of the electricity market by 2025 and 30% by 2030.
Businesses, like Forward Sports, are rapidly adopting solar solutions to reduce energy costs and reliance on traditional power sources.
