ISLAMABAD – China supports Pakistan and Saudi Arabia to develop photovoltaic power as it would contribute a lot in properly handling the energy crisis, according to a report published by Gwadar Pro.
Energy China Group has already signed a contract for the 300 megawatt EPC photovoltaic power generation (PV) project in Rabig, Saudi Arabia.
The report says, combination with the PV projects under CPEC, China is effectively supporting PV development in Pakistan and Saudi Arabia.
The project in Saudi Arabia is expected to create 900 local jobs and provide green electricity to 45,300 homes.
After completion, the project will generate an average of 2,240 kWh of electricity per year, with a total power generation of 894 million kWh in the first year and a CO2 emission reduction of 779,900 tons.
It is estimated that the total electricity generation in 25 years will be about 21.4 billion kWh, and the translated CO2 emission reduction will be nearly 18.62 million tons, which will effectively optimize the energy structure of Saudi.
Pakistan and Saudi Arabia have similar conditions and demand to develop PV energy. Shen Lei, Executive Secretary of China Society of Natural Resources (CSNR) and a scholar of the Chinese Academy of Science (CAS), said that several BRI countries with rich resources to develop photovoltaic power generation need to increase the proportion of PV in their energy mix.
China is the largest exporter of solar power products, accounting for 28 per cent of the world’s exports, leading the world in PV industry.