The SOLAR Pakistan exhibition aimed at bringing together innovators and business leaders on one platform kicked off on Thursday, at the International Expo Centre in Lahore. The three-day exhibition has been designed to harness the creativity of local innovators to address the most pressing issues in the energy sector.
Khawaja Wahaj, event manager, FAKT Exhibitions shared that more than 100 exhibitors from 15 countries are showcasing energy-efficiency technology products and services, providing the participants with an opportunity to interact with industry experts, stay current with industry developments, establish new business contacts and find potential suppliers.
On its 6th edition, the international exhibition is promoting energy efficient technologies, products and services in the clean energy production, distribution and storage sectors. The three-day exhibition is expected to attract hundred of visitors from all over the country.
With between 8/9 hours of sunshine per day, Pakistan offers excellent conditions for solar power generation. According to experts, the country has 2.9 million megawatts of solar energy capacity besides photovoltaic opportunities.
According to the latest statistics maintained by FAKT, Pakistan spends an annual average of approximately US$ 12 billion on the import of crude oil. It is important to note that, 70 percent of imported oil is used in generating electricity, which costs nearly Rs 18 per unit. Investments in solar energy can also help cut down electricity costs significantly down to Rs 6-8 per unit.
Meanwhile, the SOLAR Pakistan 2017 Exhibition features dozens of solar industry’s leading companies and startups. On display will be a comprehensive showcase of products and services used in the energy sector as well as decentralized technologies of renewable energy generation.
Rick-E: An Electronic, Solar-powered Rickshaw
One of the most iconic and innovative solar technologies on display at the exhibition is Rick-E; it’s an electronic, solar-powered rickshaw, developed by WRL technologies – a sales and distribution company based in the US and Dubai.
The environmentally-friendly Rick-E can run at a top speed of 60 km/hr, while it can travel up to 150 km on a full charge, takes 16 to 30 seconds to charge up and can wade through knee-high water, as per company’s claims. The official price has not been revealed yet, however, the average unit price is expected to be almost Rs 300,000.
Another exhibit at the SOLAR 2017 features the work of researchers from the National University of Science and Technology (NUST) and the University of Engineering and Technology (UET) selected for showcasing USAID-funded projects aimed at finding innovative and practical solutions for Pakistan’s energy crisis.