Oversupply and demand in Pakistan

Solar panels flooded into Pakistan during the first half of 2024 and oversupply has wiped out module margins. Solar developers want greater liberalization of the nation’s electricity market but the government is concerned that moving too quickly could place more pressure on utilities already burdened by high capacity payments.

Issue 10 – 2024 | Further upstream

Businesses with capital have been quick to invest in solar, according to Wateen Energy Solutions.

Photo: Wateen Energy Solutions

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