Pakistani targets for 30% of its power mix to come from large-scale hydropower and another 30% from PV, wind and other renewables by 2030 now stand closer to adoption, according to reports.
Following recent announcements from the government departments administering India’s solar PV growth ambitions, the country is now in the process of working out how to expand its domestic upstream manufacturing capacity, at a time when the PV industry is going through a period of rapid technology-change and supplier competition.
India has approved the second phase of its programme to hit 40GW of grid-connected rooftop solar by 2022 and announced INR118 billion (~US$1.656 billion) in central government subsidies to support residential solar systems and incentivise distribution companies (Discoms).
The recent announcement from India’s Ministry of New & Renewable Energy (MNRE) to approve a 12GW solar scheme for central public sector undertakings (CPSUs) – crucially mandating the use of domestically sourced solar cells and modules – represents the first key step towards India finally creating a route to stimulate multi-GW expansions for new cell and module facilities.
Pakistan’s attempt to support manufacturing of solar and wind energy components through a five-year tax exemption is not enough and more incentives are needed to encourage such investments in the south Asian nation, according to the director of a local firm that is planning to set up its own domestic solar module assembly production facility.
A tax break aims to spur manufacturing at home—but companies say obstacles remain.
Read more: https://www.irena.org/publications/2018/Apr/Renewables-Readiness-Assessment-Pakistan
Read more: http://www.unescap.org/resources/integrating-south-asia%E2%80%99s-power-grid-sustainable-and-low-carbon-future