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Report: Pakistan 3rd Biggest Importer of Solar Panels in the World
Pakistan has become the third largest importer of solar panels in the world after buying 17 gigawatts (GW) of solar power systems in 2024 as per the Pakistan Climate Prosperity Plan (CPP) jointly established by the Ministry of Finance and the Ministry of Climate Change.
Pakistan’s imports of solar products more than quadrupled from a year earlier, a jump that reflects a surge in demand as electricity tariffs climb and global prices for solar panels decrease, the report said.
The report sets out an ambitious plan for reforming the country’s energy industry with the goal of 60% clean energy by 2030, increasing the share of renewable sources to 50% of electricity output by 2035, and 95% renewable electricity generation by 2040.
It also aims to retire or convert 14,000 megawatts (MW) of fossil fuel power plants by 2035, cut transmission and distribution losses from 19% to 8%, ensure universal access to electricity and install rooftop solar systems in all government secondary schools by 2035.
The research said Pakistan’s power sector continues to experience escalating financial strain from costly power purchase agreements (PPAs), variable international fuel costs and currency depreciation, which have led to increasing energy tariffs and an increasing circular debt burden.
The report says the country has often paid for costly power generation capacity that is not used much, highlighting the need to cut the dependence on imported fossil fuels by growing indigenous renewable energy sources including solar, wind, hydropower and biomass.
It says that a speedier switch to renewable energy will improve energy security, cut the cost of fuel imports, reduce greenhouse gas emissions and ease strain on foreign exchange reserves while helping to bring down electricity prices for consumers.
The paper advises major investment in large-scale solar and wind projects, battery storage systems and modernising Pakistan’s electricity grid to increase dependability as renewable energy output expands.
It also advocates for reforming expensive power purchase agreements, implementing more cost-reflective electricity rates and gradually decommissioning inefficient fossil fuel power facilities to assist confront the country’s circular debt dilemma.
The report also demands the setting up of transparent competitive auctions for new renewable energy projects and the reinforcement of credit guarantees to attract more private investment, thereby freeing up fiscal space to improve the national power infrastructure and to sustain long-term energy reforms.
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Netanyahu, Eisenkot stake rival claims to lead Israel after deadlocked vote
Israeli Prime Minister Benjamin Netanyahu and competitor Gadi Eisenkot laid opposing claims to lead Israel after Tuesday’s election, with Netanyahu calling for a right-wing coalition and Eisenkot saying voters had rejected the long-time Israeli leader, even as exit polls left their blocs deadlocked.
The projected result would be a setback for Mr Netanyahu and his nationalist-religious coalition, but the stalemate could work in his favour by enabling the 77-year-old to remain in office as caretaker prime minister during what are likely to be lengthy coalition talks, or even until another election can be held.
Exit polls by Kan 11 and Channel 13 saw the two blocs deadlocked at 51 seats each with votes still being counted, while Channel 12 gave a tiny 52-49 edge to Netanyahu’s Likud-led bloc. That left both sides shy of the 61 members needed for a majority in the 120-seat Knesset and neither Netanyahu nor Eisenkot claimed victory.
The voting on Tuesday was the first election since the Hamas-led onslaught on October 7, 2023, and the subsequent conflicts in Gaza, Lebanon and Iran.
Itamar Ben-Gvir and Bezalel Smotrich are anticipated to hold a total of 13 seats in Netanyahu’s bloc, with no big advances for either of the far-right religious groups.
Arab parties outside the two main blocs could be the power brokers. But Yair Golan, the head of the Meretz party and a former military officer, has all but ruled out joining a government with them, complicating his route to power.
SECURITY WAR BOILS OVER
Addressing party faithful after 3 a.m. (0100 GMT) at Likud election headquarters in Jerusalem, Netanyah urged for the establishment of “a strong, right-wing national government.”
He also lauded Israel’s military victories and hinted at the possibility of further combined action with US President Donald Trump against Iran.Israel now has a historic opportunity with our ally President Trump to remove the existential menace of Iran once and for all.” But we must not be diverted from our precious mission by ulterior motives,” he said.
“The public voted against Netanyahu remaining prime minister,” Eisenkot stated, calling on him to quit politics and warning him not to sacrifice Israel’s security for political ends.
Netanyahu is a caretaker prime minister without a mandate or the trust of the people, Eisenkot said, calling on the security establishment to stand firm against any attempt to place political interests above Israel’s security.
Voter turnout was 77.7%, the highest in more than two decades and almost 7 percentage points more than in 2022, Israel’s Central Elections Committee stated.
Final results were expected Thursday or Friday. Israel’s divided political system makes smaller parties potential kingmakers in coalition negotiations that have lasted to weeks or months after earlier elections. If neither faction is able to form a government, another poll may have to be held, which Eisenkot was averse to given the huge voter turnout.
The exit polls were a big blow for Netanyahu’s coalition, said Yohanan Plesner, president of the Israel Democracy Institute, but he warned that Eisenkot had not emerged as a clear winner and much may change as votes were tabulated.
The Israeli shekel weakened slightly on the inconclusive result.
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Pakistan will never tolerate attacks on its people, KP governor warns Afghan Taliban
Khyber Pakhtunkhwa Governor Faisal Karim Kundi has severely denounced the unjustified aggression by the Afghan Taliban regime against civilian residences and Angoor Adda Bazaar in Lower South Waziristan and expressed complete support to the response of the Pakistan Armed Forces.
Kundi added in a strongly worded statement that “Pakistan will never tolerate attacks on its people or violations of its sovereignty” and warned the Afghan Taliban government against underestimating its will to defend its land.
“The Afghan Taliban regime must not have any illusions, Pakistan will never tolerate attacks on its people or violation of its sovereignty,” stated the governor.
The KP governor said that the people of the province had made huge sacrifices in the war against terrorism by shedding thousands of lives to save the country from militant bloodshed.
He said sacrifices of people of Khyber Pakhtunkhwa would not be allowed to go in vain and no one would be allowed to threaten the citizens of the province or undermine the security of Pakistan.
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LHC suspends Rs200 fine imposed on Kot Lakhpat SHO in drug case
The Lahore High Court (LHC) has stayed Rs200 fine imposed by a trial court on Kot Lakhpat Station House Officer (SHO) Afzal Rauf for not producing the case record in a narcotics case.
The appeal filed by SHO Afzal Rauf was heard by a two member bench of Justice Sadiq Mehmood Khurram and Justice Jawad Zafar. Former Lahore High Court Bar secretary Farrukh Ilyas Cheema argued the case on behalf of the appellant.
The trial court had imposed a fine of Rs200 on the Kot Lakhpat SHO for not producing the record in a narcotics case. Afzal Rauf challenged the penalty in Lahore High Court.
During the hearing, the court also lifted an office objection to the filing of the appeal. The objection was taken on the ground that the fine imposed by the trial court was not deposited by the appellant.
The attorney for the SHO stated that the fine would be deposited under protest. After the assurance, the high court granted leave to appeal for a normal hearing and called for the relevant record.
The court also suspended the sentence of Rs200 imposed on Kot Lakhpat SHO Afzal Rauf against surety bonds of Rs50,000.
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