Connect with us

Hi, what are you looking for?

CleanTechnica

Green Economy

Danish Companies Eye Renewable Energy Investment In Pakistan

Companies from Denmark are the latest to express interest in developing renewable energy assets in Pakistan, which is struggling to meet the rising electricity demand and is looking at all possible solutions. Such a scenario provides significant advantage to early movers.

Helle Nielson, the Embassy of Denmark Charge d’affaires in Pakistan, stated in a meeting with the Pakistani Minister of Water and Power, Khawaja Muhammad Asif, that Danish companies are looking for opportunities to invest in renewable energy infrastructure in Pakistan. Danish companies are interested in developing solar, wind, and biomass-based power plants, in addition to waste treatment plants. The minister also shared the vast reserves of untapped renewable energy resources available in the country.

Large swaths of wasteland and desert in the eastern and south-eastern part of the country hold immense potential for development of large-scale solar power projects. The province of Balochistan also holds significant renewable energy resources, while wind energy resources along the province’s coastline remains untapped.

Several foreign companies have expressed interest in investing in Pakistan’s renewable energy sector. Chinese companies, however, maintain a huge lead in the regard, and are those developing Pakistan’s largest solar power plant – the 1 GW Quaid-e-Azam Solar Park. Other Chinese companies, including Ming Yang Wind Power, China Three Gorges Corporation, Goldwind, and HydroChina Investment Corporation, are working to set up wind energy projects across the country.

German wind turbine manufacturer Nordex has been supplying turbines in Pakistan since 2010, while Norwegian company Scatec Solar and South Korea’s CK Solar Korea have also announced plans to set up large-scale solar power projects in the country.

 
Appreciate CleanTechnica’s originality and cleantech news coverage? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.
 
Don't want to miss a cleantech story? Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!
 
Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Advertisement
 
Written By

Smiti works as a senior solar engineer at a reputed engineering and management consultancy. She has conducted due diligence of several solar PV projects in India and Southeast Asia. She has keen interest in renewable energy, green buildings, environmental sustainability, and biofuels. She currently resides in New Delhi, India.

Comments

You May Also Like

Clean Transport

I’ve followed the European electric car and EV charger market for a decade. We’ve hosted conferences on EV charging within Europe. Nonetheless, I was...

Clean Power

Siemens Gamesa is ready to begin testing the world's largest wind turbine blade, which is 115 meters long and fully recyclable.

Clean Power

Probably the most ambitious agreement on renewable energy ever was signed today on the harbor of the city Esbjerg in Denmark. It’s called The...

Cars

Welcome to the 8th Annual Top 10 EV Countries List! By Assaf Oron Sigh. Nowadays there’s always chance for breaking bad news to overshadow...

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.