As per reports, Pakistan has emerged as the sixth-largest solar energy market globally, with its rapid transition to renewable energy offering critical lessons for other developing nations. The report noted that Pakistan’s energy sector has long grappled with circular debt, power theft, and transmission losses, leading to frequent blackouts and escalating electricity costs. Amid these challenges, the country’s ideal climatic conditions over nine hours of daily sunlight in most areas have made solar power a viable solution.
The report also emphasized the need for supportive policies, such as extending credit for solar installations in off-grid areas and unbending customer categories, to further enhance renewable energy adoption.
