Published on September 1st, 2016 | by Saurabh Mahapatra0
Pakistan Will Add 1 GW Of Wind Energy Capacity By 2018
September 1st, 2016 by Saurabh Mahapatra
Originally published on CleanTechies.
Pakistan is expected to see a huge jump in installed wind energy capacity over the next two years as 21 projects are lined up for commissioning.
Government officials in Pakistan have told local media that almost two dozen wind energy projects are currently at various stages of development, and 1,012 MW capacity is expected to be added to the grid by 2018.
All of these projects are being developed in the eastern province of Sindh, which shares an international border with the Indian states of Rajasthan and Gujarat. These states have some of the largest installed wind energy capacities among all Indian states.
A number of foreign companies are planning these projects, including China Three Gorges Corporation, China Sunec Energy, and Tricon Boston Consulting Corporation. Nine projects with a cumulative capacity of 479 MW have already achieved financial closure and are currently under construction. Six projects with 308 MW of capacity are already operational.
The Sindh government has taken several measures to promote the renewable energy sector. Last year, it approved the allocation of 15,089 acres of land to set up 21 solar and wind energy projects, amounting to a total installed capacity of 1,880 MW. The government will also allocate an additional 6,622 acres land for 12 more renewable energy projects later.
Several European and Chinese companies have already invested in Pakistan’s renewable energy market. Foreign investors poured over $3 billion into the renewable energy sector in Pakistan over the last year.
Reprinted with permission.