Wednesday, July 24, 2024

Neosun Energy Stormed into Pakistan Solar Energy Market with two new branches


Places referred to as Neosun Energy in Pakistan

International Solar EPC firm Neosun Energy has opened two branches in Karachi and Lahore, and has accomplished 7 tasks within the area.

KARACHI, PAKISTAN, June 26, 2024 / — Neosun Energy, a number one international participant within the photo voltaic EPC sector, is quickly increasing its footprint in Pakistan by launching two new branches in Karachi and Lahore. Within the primary month of operations, Neosun achieved a major milestone by efficiently finishing 7 photo voltaic tasks within the area.

Pakistan is witnessing a speedy demand for photo voltaic vitality, pushed by residential and business sectors that acknowledge the reliability and cost-efficiency of solar energy as a substitute for conventional sources of electrical energy. This improve in demand is well timed, given the nation’s ongoing challenges within the energy sector.

Recent information highlights the state of Pakistan’s energy sector. A report by the National Electric Power Regulatory Authority (NEPRA) revealed an enormous monetary loss resulting from inefficiencies inside the system. In addition, excessive electrical energy tariffs and steady load shedding additional complicate the vitality panorama. Experts observe that this case burdens customers, who’re compelled to decide on between paying excessive payments for electrical energy or utilizing costly options resembling non-public mills.

Due to those challenges, photo voltaic vitality has emerged as a beautiful answer, providing many advantages to native companies and households. The optimistic outlook is pushed by latest photo voltaic reform initiatives and the speedy growth of photo voltaic know-how.

The Neosun Energy Pakistan staff gave a tangible instance of photo voltaic’s monetary benefits within the area: “Residential households consuming 1200 -1300 items of electrical energy per thirty days, leading to a invoice of approx. -husband of Rs. 80,000, can considerably cut back the price by investing in a 10kW photo voltaic system, costing about Rs. 16,425 items per 12 months, yielding a possible financial savings of Rs per 12 months. Thus, the funding in photo voltaic modules pays off inside 1-1.25 years”.

The CEO of Neosun Energy, Mr. Ilya Likhov sees nice prospects in implementing photo voltaic vitality options not just for households, but in addition for native companies in Pakistan.

“Solar vitality is the most cost effective type of vitality manufacturing at the moment. And we wish to clearly present entrepreneurs that with the assistance of photo voltaic vitality options, you can’t solely abstractly contribute to the advance of the vitality state of affairs within the area, but in addition actually cut back prices, generate extra income and larger earnings for the enterprise.

We opened two native places of work lately and had been delighted to obtain such heat suggestions from purchasers, having efficiently accomplished 7 tasks in Pakistan. We firmly imagine that the brand new places of work of Neosun Energy will assist to be nearer to native prospects”, – emphasised Ilya Likhov, CEO of Neosun Energy.

About Neosun Energy
Neosun Energy is a world Solar EPC firm offering Commercial Solar PV & Energy Storage Solutions (ESS) with capability from 200kW to 10MW for Commercial and Industrial tasks Worldwide. The firm builds solar energy vegetation and vitality storage methods (ESS) on a turn-key foundation, protecting all levels of development together with design, tools provide, development, and commissioning. The firm has carried out photo voltaic PV tasks in 16 nations worldwide.

CEO Ilya Likhov
Neosun Energy
[email protected]
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