Government urged to acquire renewable energy technology from China

04 Aug, 2007

The Karachi Chamber of Commerce and Industry (KCCI) has urged the government to seek assistance from Chines government to provide technical support for producing photovoltaic solar energy cells. This was stated in a report on power sector in Pakistan.
The report noted that China is producing photovoltsaic solar energy cells quite economically and government of Pakistan can seek the help of the Chinese government in this regard. Out of many innovations in the field of renewable energy technology, development of solar energy technology has acclaimed to be effective.
As per the new technology, the sun produces enough power supply the earth for an entire year only in 15 minutes. An interesting computation carries out by the global energy technology strategy projects shows that if solar power could be developed such that its cost would drop to global average of 3 cents per kWh, as against the current 9 cents, and the global costs of stabilising atmospheric carbon dioxide levels at 550 parts per million (PPM) would be reduced by about 1.5 trillion dollars.

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