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Pakistan makes a big move towards renewable energy with feed in solar tariffs

solar-feed-inflag-pakistanPakistan to pull solar energy into national power grid – TRFN BY AAMIR SAEED REPORTING BY AAMIR SAEED; EDITING BY LAURIE GOERING Tue Jan 6, 2015  ISLAMABAD, (Thomson Reuters Foundation) – 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 EnergyDevelopment Board, a public organisation.

“The initiative will help scale up demand for solar energy acrossPakistan,” he said, “and we hope the increased demand will also result in sufficient decreases in the price of solar equipment.”

Ali said the government decided to cut newly imposed taxes on the import of solar panels following pressure from business owners, the public and media.

And the decision to allow solar generators to sell their excess generating capacity means “consumers can now install rooftop solar systems and sell the extra energy to the national grid,” he said……….

Qamar-uz-Zaman, an expert on climate change with Lead Pakistan, a non-profit organisation in Islamabad, predicted net-metering and private sector financing for solar installation would revolutionise the use of renewable energy in Pakistan, as it has done for many other developed and developing countries.

“Pakistan can cut carbon emissions to a significant extent and access international climate financing by promoting solar energy, besides overcoming its energy crisis,” he said. http://www.reuters.com/article/2015/01/06/pakistan-solar-idUSL6N0UL15J20150106

January 7, 2015 - Posted by | decentralised, Pakistan

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