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Categories: News

Solar Panel and Battery Prices Drop Significantly in Pakistan

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The cost of solar panels and batteries in Pakistan has seen a substantial decline as cooler weather sets in and inflation rates ease.

Reports reveal a 20% drop in battery prices, with lithium batteries now priced at Rs380,000, down from Rs400,000. Tubular battery prices have also decreased, falling to Rs55,000 from Rs70,000.

Solar panel costs continue to trend downward, with prices reaching a record low of Rs28 per watt. This year-long decline is attributed to various factors, including increased imports and improved government policies.

Federal Minister Owais Laghari highlighted that Pakistan imported 8,000 megawatts of solar panels last year, equivalent to 30-35% of the output of the world’s largest hydropower project, the Three Gorges Dam. Local suppliers remain optimistic about further price reductions.

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Zubair Yaqoob

Zubair Yaqoob is a senior anchor, and an investigative journalist with an impressive 37 years of experience. Zubair's journalistic journey has been marked by a relentless pursuit of truth and a commitment to delivering impactful stories. Zubair's expertise extends beyond borders, reaching as far as Malaysia, where he has left an indelible mark on the international journalism landscape. His global perspective and keen analytical skills have allowed him to navigate diverse cultural landscapes, bringing a unique and enriching perspective to his reporting. Whether he's in the studio or on the field, Zubair continues to be a driving force in the world of journalism, bridging gaps, fostering understanding, and unraveling the stories that matter most. As the Headline PK Author, Zubair remains at the forefront of news, guiding audiences through the complexities of our ever-evolving world.

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