Industry Statistics, Trends & Insights (2024–2025)
Pakistan installed over 1.8 GW of solar capacity in 2023 alone, with an annual growth rate exceeding 22%, driven by net metering, off-grid deployment, and commercial-scale demand.
Textile is Pakistan’s largest export industry, consuming 30%+ of total industrial electricity — solar provides textile manufacturers with a long-term hedge against energy cost volatility.
Over 60% of new captive power projects registered with NEPRA (2023–2024) are now hybrid/solar-based — showing a sharp pivot toward independent power sourcing.
IRENA identifies over 50 GW of wind and 60 GW of hydropower potential — yet solar offers the lowest capex-to-output ratio, making it the first choice for manufacturers.
Government programs and incentives like Net Metering, Wheeling, and Alternative Energy Development Board (AEDB) facilitation are creating easier regulatory pathways for commercial solar.
Foreign and local EPCs, inverter brands, and storage system companies are setting up shop in Lahore, Faisalabad, and Karachi — signaling a mature and expanding ecosystem.
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