Pakistan
PAKISTAN: NEW JV IN SOLAR ENERGY SECTOR
A joint venture agreement has been signed in Pakistan to develop the solar energy sector worth. Chinese company Hanersun Technologies and Pakistani company My Energy have agreed to collaborate on the provision of 500 MW solar system projects. The agreement was signed by the Vice President of Hanersun Technologies, Sunny Sun, and CEO of My Energy, Tariq Wazir Ali. Under the terms of the JV, a total investment of 700 million USD will be made to develop numerous solar projects and will include the establishment of distribution networks, warranty and service centers, as well as flagship stores. During the signing ceremony Tariq Wazir Ali, emphasized the importance of providing sustainable energy solutions in pakistan that currently relies heavily on expensive furnace oil and diesel for electricity generation. The CEO of My Energy also stressed the importance of focusing on the steel and agriculture sectors in terms of solar energy solutions. (ICE ISLAMABAD)
Fonte notizia: Pakistan Observer