logo
Jinko Solar launches Tiger Neo X20 Panel

Jinko Solar launches Tiger Neo X20 Panel

LAHORE: Jinko Solar, one of the leading solar brands has launched its latest innovation — the Tiger Neo X20 panel — at a ceremony held at a local hotel.
In his opening remarks, Faraz Muhammad Khan, Business Development & Sales Manager, emphasized Jinko Solar's global leadership with a presence in over 200 countries and over 350 GW of modules shipped worldwide.
'Jinko has held the #1 global ranking for six consecutive years, and in Pakistan, it remains the most trusted solar brand,' he noted.
Shehan Talagala (Sales Director) and Faizan Hashmi (Key Account Head North) introduced the Tiger Neo X20, powered by HOT 3.0 N-type TOPCon technology.
The guest speaker Waqas Mossa, Chairman of the Pakistan Solar Association, praised Jinko's continued support for Pakistan's energy goals.
'This launch shows Jinko's dedication to bringing world-class solar solutions and driving the country toward a sustainable, energy-secure future,' he said.
Copyright Business Recorder, 2025

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Collaborative opportunities with Gazprom explored
Collaborative opportunities with Gazprom explored

Business Recorder

time42 minutes ago

  • Business Recorder

Collaborative opportunities with Gazprom explored

ISLAMABAD: A high-level Pakistani delegation, led by Federal Minister for Petroleum Ali Pervaiz Malik, held a meeting with representatives of Gazprom, Russia's leading oil and gas company, headed by Sergey Tumanov, general director of Gazprom International. Ahmed Hayat Lak, MD/CEO Oil and Gas Development Company Limited (OGDCL), was also present in the meeting. The discussions focused on enhancing bilateral cooperation in the energy sector, with a particular emphasis on joint ventures and business development opportunities between OGDCL and Gazprom International. Pakistan, Russia discuss energy, trade cooperation During the meeting, both parties reaffirmed their commitment to strengthening energy collaboration, leveraging Pakistan's growing energy demands and Gazprom's extensive expertise in oil and gas exploration, production, and infrastructure development. The discussions highlighted potential areas of partnership. It was agreed that OGDCL and Gazprom International would continue discussions to identify viable projects and partnerships, ensuring sustainable energy development and economic growth for both countries. The meeting marks a significant step forward in Pakistan-Russia energy relations, reinforcing the shared vision of energy collaboration and economic prosperity. Copyright Business Recorder, 2025

Saudi Arabia, UAE: LCCI urges govt to help resolve visa issues
Saudi Arabia, UAE: LCCI urges govt to help resolve visa issues

Business Recorder

time43 minutes ago

  • Business Recorder

Saudi Arabia, UAE: LCCI urges govt to help resolve visa issues

LAHORE: President of the Lahore Chamber of Commerce & Industry Mian Abuzar Shad has urged the Government of Pakistan to take immediate and concrete diplomatic steps to resolve the mounting challenges in the issuance of business and labour visas by the United Arab Emirates (UAE) and Saudi Arabia. The LCCI President said that continued delays and restrictions in visa issuance are causing serious disruptions to trade, investment and workforce mobility, which is affecting Pakistan's overall economic prospects in the region. Mian Abuzar Shad expressed deep concern over the growing number of complaints being received from businesspersons, exporters, investors and human resources who are facing significant obstacles in obtaining visas from these countries, which have traditionally been among Pakistan's most important trade and labour partners. He said that the business community is suffering due to the lack of access to key Gulf markets where Pakistan has deep-rooted commercial and labour ties. These restrictions are not only causing distress to our entrepreneurs but also harming Pakistan's economic interests abroad. He strongly urged the federal government to immediately initiate high-level diplomatic dialogue with the concerned countries to resolve these issues on an urgent basis. As a concrete step, he recommended that a special delegation led by a senior Federal Minister be sent to the UAE, Dubai and Saudi Arabia to engage directly with relevant authorities and advocate for the relaxation of current visa restrictions. Mian Abuzar Shad also appealed the governments of these countries to take into consideration the historic economic, social and cultural ties they share with Pakistan. He said that thousands of Pakistani businesses operate in these regions and that a significant portion of Pakistan's foreign remittances and exports are linked to the Gulf market. In light of this, any hurdles in the issuance of business and labour visas would not only dent Pakistan's economy but could also affect the development of host countries that benefit from skilled Pakistani labour and investments. 'We urge the leadership of UAE, Dubai and Saudi Arabia to review their current visa policies toward Pakistan and facilitate genuine businesspeople and workers who contribute positively to their economies,' he added. The LCCI President feared that if these issues are not addressed promptly, Pakistan may lose vital opportunities in trade, joint ventures, foreign investment and manpower export. Copyright Business Recorder, 2025

Taxing solar panels to backfire as Pakistan needs time to bolster manufacturing: Experts
Taxing solar panels to backfire as Pakistan needs time to bolster manufacturing: Experts

Business Recorder

time17 hours ago

  • Business Recorder

Taxing solar panels to backfire as Pakistan needs time to bolster manufacturing: Experts

Energy experts believe that the imposition of General Sales Tax (GST) on the import of solar panels, regardless of the final tax rate decided by the federal government, will not slow down Pakistan's accelerating transition to renewable energy. Moreover, contrary to the government's assumption that the imposition of GST would promote domestic industry, experts argue that the move would backfire as the local industry remains underdeveloped and is presently unable to meet the market demand. The remarks were made by clean energy experts, industrialists, climate activists, and renewable energy traders during a webinar titled 'Taxing the Sun: Will Solar Still Shine in Pakistan?', jointly organised by Energy Update and Pakistan Solar Association (PSA). During the webinar, participants examined the federal government's recent budgetary proposal to impose GST on solar panels. The government in its federal budget proposed to impose an 18% GST on solar panels imported. This sparked considerable debate; however, after consultations, the government decided to lower the rate to 10%. Waqas Moosa, PSA Chairman, highlighted that the decade from 2020 to 2030 has been globally recognised as a pivotal era for transitioning to clean energy. He indicated that Pakistani consumers would persist in embracing solar energy to power their homes and businesses, regardless of the added cost from GST. Moosa, however, cautioned that Pakistan's local industry is not yet sufficiently developed to meet the growing demand for advanced solar panels in adequate quantity. 'As such, relying solely on local production at this stage could risk stalling progress.' Moosa strongly criticised the proposal to tax imported solar panels, calling it a serious setback to Pakistan's efforts in combating the climate crisis. 'Whether or not a tax is implemented', he said, 'Domestic consumers will continue shifting to solar energy due to persistent power shortages and unaffordable electricity tariffs from the national grid.' Muhammad Zakar Ali, CEO of Inverex Solar Energy, also echoed similar sentiments. He said that the vast majority of electricity users in Pakistan will continue to transition away from grid-supplied electricity, regardless of tax implications. Ali argued that Pakistan needs a minimum of 18-24 months to establish a viable local industry capable of producing clean energy equipment at scale. Imposing a tax prematurely could deter both domestic and international investors, he warned. He further noted that high electricity tariffs for industrial users could discourage investment in solar panel manufacturing plants. Ali, however, remained optimistic that prospective Chinese investors would soon launch joint ventures with Pakistani industrialists to set up such facilities. The Inverex CEO explained that establishing local solar panel manufacturing plants could lead to the development of five supporting vendor industries, significantly boosting the clean energy supply chain in Pakistan. Pakistan's solar surge lifts it into rarefied 25% club Dr Khalid Waleed, Research Associate at the Sustainable Development Policy Institute (SDPI), believed that the surge in rooftop solar installations in urban centres presents an opportunity for Pakistan to earn carbon credits on the global climate finance market. During the webinar, Tanveer Barry, Former Vice President Karachi Chamber of Commerce and Industry (KCCI), pointed out that while Pakistan's installed electricity generation capacity exceeds 45,000 megawatts (MW), only around 27,000 MW are currently deliverable to end-users due to outdated and overburdened transmission infrastructure. Barry also highlighted the immense untapped potential for solar energy adoption among off-grid rural households and agricultural communities across the country.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store