Local banks have failed to tap into what is, perhaps, one of the fastest-growing segments in the country.
The economic fundamentals for EVs and LIBs are exceptionally strong in Pakistan.
The experience of China — and more recently of India — provides some interesting learning points for Pakistan.
The problem is that customers won’t take solar loans against collateral while banks find clean lending untenable.
As opposed to grid-scale solar plants, rooftop solar systems save approximately 15-20pc in transmission/distribution.
Can renewable-based power plants — solar, wind and hydel — match our needs? And what about thermal?
If sunlight is free and abundant, how come solar power is costly and rare?