January 6, 2015 - Amid a worsening energy crisis, Pakistan has approved the use of grid-connected solar energy, rooftop solar installations and mortgage financing for home solar panels to boost uptake of clean energy in the country.
The government has also reversed course and eliminated a 32.5 percent tax imposed on imported solar equipment in the country's 2014-2015 budget. The reversal aims to bring down the cost of installing solar panels.
The approval of net-metering – which allows solar panel purchasers to sell power they produce to the national grid - is a major breakthrough that could spur use of solar energy and help Pakistan's government cut power shortages in the long run, said Asjad Imtiaz Ali, chief executive officer of the Alternative Energy Development Board, a public organization.
"The initiative will help scale up demand for solar energy across Pakistan,” he said, “and we hope the increased demand will also result in sufficient decreases in the price of solar equipment.” read more>>>
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