Close Menu
News Update TimesNews Update Times

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Pakistan Single Window wins prestigious Asia-Pacific Trade Facilitation Innovation Award 2026

    June 17, 2026

    Road to Asian Games Begins

    June 17, 2026

    The Aga Khan University Hospital Signs MoUs to Introduce Advanced Robotic Surgery

    June 17, 2026
    Facebook X (Twitter) Instagram
    News Update TimesNews Update Times
    • Home
    • Pakistan

      CBD PUNJAB SECURES STRONG INVESTOR INTEREST AS NSIT CITY PETROL STATION SITES FETCH COMPETITIVE BIDS

      June 5, 2026

      Desert Atlas: Beyond the Dunes of Cholistan

      May 25, 2026

      Turkish Cuisine Week 2026 Celebrates Culinary Heritage with “The Heritage Table” Theme

      May 21, 2026

      AKU Hosts Consultations as Part of Joint Effort to Upgrade the National Museum of Pakistan

      May 15, 2026

      PAKISTAN’S FIRST AND LARGEST IT CITY CBD NSIT CITY NEARS MAJOR DEVELOPMENT MILESTONES

      May 15, 2026
    • Business

      Pakistan Single Window wins prestigious Asia-Pacific Trade Facilitation Innovation Award 2026

      June 17, 2026

      Select Technologies Limited Announces IPO to Raise PKR 2.489 Billion for Expansion in Technology Manufacturing

      June 16, 2026

      Chery Master Pakistan Celebrates Robert Lewandowski’s Appointment as Chery Brand Global Ambassador

      June 16, 2026

      Pak International Business Forum Welcomes Iran–US Peace Agreement, Urges Government to Capitalize on Emerging Economic Opportunities

      June 15, 2026

      CBD POTOHAR, READY FOR TOMORROW BUILT FOR THE FUTURE

      June 15, 2026
    • Technology

      Road to Asian Games Begins

      June 17, 2026

      Introducing Incognito Chat with Meta AI: A completely private way to chat with AI

      May 14, 2026

      JUJUTSU KAISEN and new evolving universe mode hit PUBG MOBILE’S 8th anniversary version 4.3 update

      March 16, 2026

      WhatsApp’s Latest Privacy Protection: Strict Account Settings

      January 28, 2026

      Syed Muhammad Talha Embarks on a Full-Time Filmmaking Journey

      January 28, 2026
    • Sports

      tapmad Secures Exclusive Digital and Television Rights for the FIFA World Cup in Pakistan

      May 18, 2026

      BingX Names World Champion Enzo Fernández as Global Ambassador Ahead of 2026 FIFA World Cup

      May 13, 2026

      Rising global sport padel finds new home in Lahore

      April 28, 2026

      Dow Hospital Clinches Modern Premier League Season 3 Title

      April 27, 2026

      Modern Premier League Season 3 Kicks Off Tomorrow in Karachi

      April 21, 2026
    • Entertainment

      Spotify Marks 20th Anniversary with “Spotify 20: Your Party of the Year(s)”

      May 12, 2026

      Mehfil Tour Opens in Karachi with a Powerful Celebration of Pakistan’s Musical Heritage

      May 11, 2026

      Humnava Goes Weekly with Holoyor, Building a Movement of Togetherness Through Music, Conversations, and Community Gatherings

      May 8, 2026

      Ajoka Institute’s Art of Acting Students Stage “Jhalli Kithay Jaway” at PILAC Auditorium

      February 28, 2026

      LFW Presents Launches with Hussain Rehar

      February 16, 2026
    • Education

      PSDF and Migrant Resource Centre Pakistan Partner to Strengthen Safe Migration Pathways for Skilled Youth

      June 16, 2026

      PSDF and Bank of Punjab Sign Agreement to Launch Parwaaz Card

      June 8, 2026

      Bangladeshi University Leaders Visit LUMS to Strengthen Regional Academic Linkages

      May 19, 2026

      AKU Showcase Explores AI in Research for Global Impact

      May 19, 2026

      University of the Punjab Hosts Seminar on “New Horizons of Public Relations and Advertising

      May 19, 2026
    • Health

      The Aga Khan University Hospital Signs MoUs to Introduce Advanced Robotic Surgery

      June 17, 2026

      AKU Hosts Public Screening on World Environment Day

      June 6, 2026

      FCEPL celebrates World Milk Day with school students across the country

      June 1, 2026

      Getz Pharma Hosted the Launch Ceremony of Dr. Nauman Niaz’s Book “Myth & Reality: Type II Diabetes & Disease Impact in Pakistan”

      May 25, 2026

      Government of Punjab and UNICEF Pakistan Convene High-Level Policy Dialogue on Maternal Newborn Child Health and Nutrition in Punjab

      May 20, 2026
    • Other
      • World
      • Blog
      • Opinion
      • About
      • Contact us
    News Update TimesNews Update Times
    Home»Business»Giant Chinese inverter enters Pakistani market to provide high-tech storage solutions
    Business

    Giant Chinese inverter enters Pakistani market to provide high-tech storage solutions

    yasirBy yasirJanuary 6, 2026No Comments
    Facebook Twitter WhatsApp
    Share
    Facebook Twitter WhatsApp

    Renowned Chinese inverter manufacturer Hoymiles has entered Pakistan to provide high-tech, long-duration energy storage solutions for residential, commercial, and industrial buildings, utilizing solar systems for electricity consumption.

    Speaking as the chief guest at the Hoymiles launching ceremony held at a local hotel on Monday, Ali Rashid, Advisor to the Chief Minister of Sindh on Science and IT, said the provincial government appreciates foreign investors, particularly Chinese companies, establishing their industries, assembly, and distribution units in the commercial city of Karachi to meet the demand of the local market as well as export solutions to other countries.

    Ali Rashid reiterated that the Sindh government is currently collaborating with various Chinese companies across different sectors, including logistics and renewable energy, and it welcomes further cooperation between the private and public sectors.

    “The government is working rigorously to facilitate foreign investors and companies to enhance their business and commercial activities, mainly in the technology and renewable energy sectors, to improve the living standards of the public and boost economic activity within the country and the province of Sindh,” he added.

    Hoymiles has formed strategic partnerships with Superstar, a renowned name in Pakistan’s automotive industry, and Harisun Energy, a new entrant in the energy solutions sector, to explore the Pakistani market, which is witnessing rapid growth in solar power adoption. In this regard, launch events were held simultaneously in Karachi and Lahore, unveiling multiple storage solutions produced by Hoymiles under the brands of Harisun Energy and Superstar.

    Over the past few years, a large number of industrial, commercial, and residential electricity consumers have shifted to solar power systems to address frequent power outages and the rising cost of electricity. Reports indicate that net-metering capacity currently stands at 6,000 MW, while off-grid solar capacity has increased to 12,000 MW in Pakistan by the end of 2025.

    “Pakistan’s growing solar sector is facing a major challenge related to long-hour backup and energy storage solutions, which will soon be addressed with the entry of a global leader in energy solutions,” said Haris Jamsheed, CEO of Harisun Energy. “Our partnership with the Chinese company will provide innovative energy storage solutions for residential, commercial, and industrial solar systems, enabling uninterrupted electricity supply at workplaces, factories, and homes during nighttime hours.”

    Solarization has continued to expand across the country on a large scale due to prolonged load-shedding in remote areas and the high cost of electricity, which has become unaffordable for many households and industrial units, particularly in recent years.

    “We have vowed to bring an energy revolution to Pakistan through innovative storage solutions, as the industrial and commercial sectors can enhance productivity with low-cost electricity backup systems,” said Saleem Umar, Chairman of Superstar. “Affordable electricity will reduce operational costs at the domestic level, enabling exporters to compete more effectively in global markets.”

    Superstar Solar Energy and Harisun Energy are introducing Hoymiles’ innovative range of solar inverters, energy storage solutions, and smart energy management systems to the Pakistani market. These solutions are designed to deliver reliable, efficient, and sustainable energy, empowering individuals and businesses to harness solar power as a clean and green energy source.

    According to a report by the International Energy Agency (IEA), Pakistan has emerged as one of the world’s fastest-growing solar markets, importing approximately 50 GW of solar panels amid falling prices and widespread adoption across sectors in the first half of the year. This surge has made Pakistan the third-largest market for Chinese solar panels, a growth that has attracted global attention.

    Share. Facebook Twitter WhatsApp
    yasir

    Related Posts

    Pakistan Single Window wins prestigious Asia-Pacific Trade Facilitation Innovation Award 2026

    June 17, 2026

    Select Technologies Limited Announces IPO to Raise PKR 2.489 Billion for Expansion in Technology Manufacturing

    June 16, 2026

    Chery Master Pakistan Celebrates Robert Lewandowski’s Appointment as Chery Brand Global Ambassador

    June 16, 2026
    Leave A Reply Cancel Reply

    Top Posts

    MONEYTAP PIONEERS FINANCIAL INCLUSION WITH AI-DRIVEN SOLUTIONS FOR HIGH-QUALITY USERS

    May 14, 2025189 Views

    SHINE Humanity Expands Family Planning Services Through Strategic Partnerships

    January 6, 2026141 Views

    Empowering Educators for Climate Action: From Grassroots to Governance

    January 20, 2025102 Views

    The Youth 4GCED Regional Workshop launch Regional Workshop Begins in Lahore

    November 1, 202483 Views
    Don't Miss
    Business

    Pakistan Single Window wins prestigious Asia-Pacific Trade Facilitation Innovation Award 2026

    Road to Asian Games Begins

    June 17, 2026

    The Aga Khan University Hospital Signs MoUs to Introduce Advanced Robotic Surgery

    June 17, 2026

    Select Technologies Limited Announces IPO to Raise PKR 2.489 Billion for Expansion in Technology Manufacturing

    June 16, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Instagram
    • WhatsApp

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    About Us
    About Us

    NUT is an innovative digital platform, delivering real-time, quality news and analysis on global & Local events. We aspire to empower our readers with accurate, insightful, and diverse perspectives,

    Email: info@newsupdatetimes.com
    Contact: +92 301 4776567

    Facebook X (Twitter) Instagram WhatsApp
    Our Picks

    Pakistan Single Window wins prestigious Asia-Pacific Trade Facilitation Innovation Award 2026

    June 17, 2026

    Road to Asian Games Begins

    June 17, 2026

    The Aga Khan University Hospital Signs MoUs to Introduce Advanced Robotic Surgery

    June 17, 2026
    Most Popular

    MONEYTAP PIONEERS FINANCIAL INCLUSION WITH AI-DRIVEN SOLUTIONS FOR HIGH-QUALITY USERS

    May 14, 2025189 Views

    SHINE Humanity Expands Family Planning Services Through Strategic Partnerships

    January 6, 2026141 Views

    Empowering Educators for Climate Action: From Grassroots to Governance

    January 20, 2025102 Views
    © 2026 News Update Times.
    • Home
    • Pakistan
    • Business
    • Technology

    Type above and press Enter to search. Press Esc to cancel.