As Pakistan is a under developed country facing energy crisis since long. As stated by Minister for Energy, Pakistan is producing the most expensive electricity in the region, directly or indirectly hitting exports in a negative expect.
There has been a rapid increase in solar panel imports in Pakistan over the course of the last 2 years primarily because of its cost and affordability. Due to water shortage and other economic factors, the cost of electricity in Pakistan has increased by a lot. Additionally, Many people are now switching to solar panels as they are cost effective, especially residential areas.
Due to this hike in solar panel importation Pakistan has now become the third largest importer of solar panels in the world. However, China is the primary importer of solar panels in Pakistan. PSA is responsible for solar panels import registration in Pakistan.
How much Solar Energy does a Solar Panel produce
The amount of solar energy a solar panel produces depends on several factors such as panel efficiency, panel size, location, weather conditions and panel orientation as in south facing panels produce the most power.
On average, a residential solar panels with an output rating of around 250 to 400 watts can produce approximately 546 to 874 kilowatt-hours (kWh) of electricity annually or 1.5 kilowatt-hours (kWh) of energy per day.
if you want to determine a system’s exact power output at any given time, you must measure it directly for this you can use the Global Solar Atlas to estimate how much energy your system will generate annually.
Solar Panel Import duty in Pakistan
Pakistan has Zero duty on Solar panel imports. Pakistan has abolished import duties on solar panels and their components. This measure seeks to encourage the use of renewable energy while reducing the country’s dependency on fossil fuels.
Solar Panel Export meter
A solar panel export meter is a specialized gadget that measures how much electricity a solar panel system sends back to the grid. When a solar panel system generates more electricity than a building or residence requires, the extra energy is fed back into the grid and used by others. This is called “net metering.”
How many watts does a Solar Panel produce
To estimate how much power a solar panel will produce, you can do the following,
- Find the panel’s efficiency rating. This is usually written on the panel itself or in the product description.
- Find the peak sunlight hours for your location. one can find this information using the Global Solar Atlas.
- Multiply the panel’s efficiency rating by the peak sunlight hours for your location. This will give you the estimated power output of the panel in watt-hours per day.
Which Solar System Is the Best in Pakistan?
Here is a list of brands that offer high-quality panels that are designed to withstand Pakistan’s climate and provide reliable performance
- Jinko Solar
- JA Solar
- Longi Solar
- Canadian Solar
- Trina Solar
- Panasonic Solar
- Risen Solar
- Sogo Solar
Bank Requirements for Solar Commercial Imports
As there are few tax exemptions on Solar panels & related items import, importers started misusing the exemption under the name of solar. on 19th July 2023, State Bank of Pakistan imposed strick requirements for importing solar panels, copy is attached
Major Requirements for Solar Panel Import in Pakistan 2024
There are many pre-requisite requirements before starting solar panel import in Pakistan. Few major requirements are listed below
Business Registration
A legal business must be registered in Pakistan any of the possible form. Three major type of business registrations in Pakistan are
- Sole Proprietorship (FBR)
- Partnership firm (Registrar of Firms)
- Private Limited / SMC-Pvt Limited (SECP)
- Limited Liability Partnership – LLP (SECP)
Your business must be registered in one of the categories mentioned above, must have active bank account with business title.
AEDB Registration is considered mandatory for Solar panels imports in Pakistan for LC opening
There are 02 major requirements, first one is PEC Registration, and second mandatory required is AEDB registration now PPIB registration
Company must have valid GST registration, provincial Tax Registration (PRA, BRA, KPRA or SRB)
Yes, AEDB registration is mandatory for traders looking to import solar panels, solar batteries, solar inverters & all other solar-related items.
No, PEC (Pakistan Engineering Council) registration is not mandatory for solar panel imports in Pakistan.
