KARACHI: K-Solar (Pvt) Ltd, a wholly owned subsidiary of K-Electric’s investment arm KE Ventures Company (Pvt), and Mingyang Smart Energy Group Ltd, one of the world’s largest wind turbine manufacturers, have signed a memorandum of understanding.

Under the MoU, the two companies will partner to market, supply, and finance wind power projects and BESS (battery energy storage systems) for the grid and the commercial and industrial sectors in Pakistan, while also laying the groundwork for a BESS assembly plant in the country.

The two companies will follow up on this MoU with a formal framework agreement in the coming weeks, according to a press release.

Published in Dawn, July 3rd, 2026