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Renewable energy in Pakistan is a relatively underdeveloped sector; however, in recent years, there has been more and more interest to explore renewable energy resources for the energy production. Around 10.57% of Pakistan’s total installed power generation capacity (in 2020) comes renewables (wind, solar and biogas ). [ 1 ]
Initiatives are under development by the International Renewable Energy Agency, the Japan International Cooperation Agency, Chinese companies, and Pakistani private sector energy companies. The Quaid-e-Azam Solar Power Park (QASP) was built in the Cholistan Desert, Punjab, in 2015 and has a 400 MW capacity.
In 2019, Alternative and Renewable Energy policy was introduced to promote renewable energy in the country and reduce carbon footprint and greenhouse gas emissions. The policy aims to increase share of green energy to 20% by 2025 and 30% by 2030. As of 2022, only 3% of energy sources in Pakistan are renewables.
The Saudi agency in charge of developing the nations renewable energy sector, Ka-Care, announced in May 2012 that the nation would install 41 gigawatts of solar capacity by 2032, this plan was later revised to 9.5 GW installed capacity. At the time of this announcement, Saudi Arabia had only 0.003 gigawatts of installed solar energy capacity. [70]
China produced 31% of global renewable electricity, followed by the United States (11%), Brazil (6.4%), Canada (5.4%) and India (3.9%). [1] Renewable investment reached almost $500 billion globally in 2022, [2] amounting to 83% of new electric capacity that year. [3] The renewable energy industry employs almost 14 million people. [4]
On 5 May 2015, the then Prime Minister of Pakistan Nawaz Sharif inaugurated the first 100 MW project and dedicated it to the nation. [2] Subsequent expansion was done in public-private partnership with Appolo Solar Development Pakistan Limited, Best Green Energy Pakistan Limited and Crest Energy Pakistan Limited each installing a 100 MW unit. [3]
Rising from the bare expanse of the large salt desert that separates India from Pakistan is what will likely be the world's largest renewable energy project when completed three years from now.
With the introduction of a Feed-in tariff (FIT) in 2009, Ontario became a global leader for solar energy projects. The program was the first of its kind in North America. [citation needed] Thanks to the FIT program, Ontario was the home of what was temporarily the largest solar farm in the world (in October 2010) until surpassed by larger farms in China and India.