Pakistan solar imports double in 2024 as government targets 95% renewable electricity by 2040
techjuice.pkPakistan imported 17 GW of solar panels in 2024, double the volume from 2023, making it the third largest solar importer globally. The surge is driven by falling panel prices and a new Climate Prosperity Plan that sets aggressive clean energy targets. The plan aims for 60% clean energy by 2030, 50% renewable electricity by 2035, and 95% by 2040. It also calls for phasing out 14 GW of fossil fuel plants by 2035 and cutting transmission losses from 19% to 8%. The plan includes installing rooftop solar on all government secondary schools by 2035 and generating carbon credits equivalent to 200 million tonnes of annual emissions by 2030. These targets are ambitious for a country that still struggles with grid reliability and high distribution losses. The 17 GW of solar imports in 2024 shows strong consumer and industrial demand, but the real test will be whether the grid and policy framework can absorb that capacity without curtailment or financial strain.
