Chinese-Pakistani companies sign MOU for supply of PV module

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enewspaper.com.pk/Chinese-Pakistani companies sign MOU for supply of PV module

BEIJING, (APP): A Chinese provider has announced a partnership with Integra Solar for panel supply chain services and signed a memorandum of understanding to provide integrated supply chain services of 1000 MW solar modules in the year 2022.

General Manager of C&D Clean Energy, Michael K. Lee speaking online at the MOU signing ceremony said that it was an honor to partner with Integra and play a part in this low-carbon and green cooperation.

He informed that Integra had developed extensive cooperation with C&D Clean Energy on inverters and solar modules over the past year.

“We will continue to support the company with integrated and value-added supply chain services in the future, extending our cooperation in Pakistan and other parts of the world to make joint contributions to global green and low-carbon development,” he added.

Integra’s value concept is to write the earth’s green future by choosing high-quality products, and we are in line with C&D Clean Energy on this point, said Mahmood Tahir, CEO of Integra Solar Pakistan.

“We are honored to find a global supply chain partner like C&D Clean Energy, a Fortune 500 company member, is a global solar market that requires high flexibility and competitiveness.

The comprehensive supply chain services provided by C&D Clean Energy have given us more competitive advantages in the development of new energy business,” he added.

According to the Power Generation Capacity Expansion Plan, it is estimated that by 2030, Pakistan’s photovoltaic installed capacity will reach 12.8GW, and by 2047 this figure will reach 26.9GW, providing a broad market space for the development of the solar PV industry, China Economic Net (CEN) reported.

“The development of solar and wind power generation will enhance Pakistan’s security of electricity supply and put Pakistan at the forefront of the global energy transition,” emphasized Najy Benhassine, the Country Director for Pakistan for the South Asia region in World Bank.

Pakistan has launched a new round of bidding for photovoltaic and wind power projects this month, aiming to further increase the share of clean electricity in the country’s current energy mix to 61%.

Shah Jahan Mirza, CEO of the Pakistan Alternative Energy Development Board (AEDB) emphasized, “We are already on track to achieve our goal of adding 7,000 MW of photovoltaic installed capacity by 2030.” Undoubtedly, this opens up another bright way for cooperation between China and Pakistan in new energy.

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