China to transfer solar power technology to Pakistan

China agreed to a transfer of technology to Pakistan and assist Pakistan in manufacturing solar panels and turbines.

An agreement was signed between the China International Water and Electric Corporation and the Alternate Energy Development Board would also involve transfer of technology and China would assist Pakistan in manufacturing solar panels and turbines, says Pakistan’s Board of Investment  chairman Saleem H. Mandviwala.

A project to generate 2,300MW of electricity through wind turbines and solar panels has turned out to be the most important agreement reached with China during the recent visit of Premier Wen Jiabao, says Board of Investment  chairman Saleem H. Mandviwala.

Briefing the media on the outcome of the Pakistan-China Business Cooperation Summit, Mandviwala said the project would involve an investment of US$6.5 billion and wind power projects of 1,000MW each would be set up in Punjab and Sindh. A 200MW solar power project would be set up in Punjab and another of 100MW in Sindh.