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

    Slim Outside, Beast Inside: What “Beauty and Beast” Really Means for the POVA Curve 2 5G

    October 12, 2026

    KHUSHHALI MICROFINANCE BANK SECURES TWO PRESTIGIOUS AWARDS AT PMN ANNUAL CONFERENCE

    October 12, 2026

    itel Energy Showcases Gen-2 Batteries, Expands C&I Solutions at Solar Pakistan Expo

    October 12, 2026
    Facebook X (Twitter) Instagram
    News Update TimesNews Update Times
    • Home
    • Pakistan

      Pakistan leaders urged to accelerate investment in eye care togenerate millions in economic benefits

      October 8, 2026

      foodpanda facilitates fully funded Umrah for delivery riders

      September 24, 2026

      CBD PUNJAB ACCELERATES DEVELOPMENT WORK AT NSIT CITY; CELESTIA IT TOWER ENTERS FINAL CONSTRUCTION PHASES

      September 24, 2026

      September SNIDs inaugurated at the Rotary Community Centre Karachi

      September 20, 2026

      Sindh Pledges Full Support to Put Pakistan at Forefront of Global Tech Revolution

      September 14, 2026
    • Business

      Slim Outside, Beast Inside: What “Beauty and Beast” Really Means for the POVA Curve 2 5G

      October 12, 2026

      KHUSHHALI MICROFINANCE BANK SECURES TWO PRESTIGIOUS AWARDS AT PMN ANNUAL CONFERENCE

      October 12, 2026

      itel Energy Showcases Gen-2 Batteries, Expands C&I Solutions at Solar Pakistan Expo

      October 12, 2026

      LUCKY INVESTMENTS LAUNCHES LUCKY ISLAMIC CAPITAL PROTECTED FUND PLAN I

      October 12, 2026

      UBL Rural Bank and Universal Agri Tractor Company Sign Strategic Alliance to Expand Tractor Financing for Farmers

      October 12, 2026
    • Technology

      Industry Leaders Highlight AI, Workforce Readiness & Service Export Growth at 22nd P@SHA ICT Awards

      September 25, 2026

      Supernet Technologies Limited’s consolidated PAT increased to PKR 467 million from PKR 78 million in the previous year!

      September 24, 2026

      From Jakarta to Pakistan: 4Thrives Walee Set to Defend Their Global Crown at Home

      September 23, 2026

      DB-Investing-AIExpanding technology footprint with AI-First Fintech platform dbinvesting.ai

      September 23, 2026

      AI comes to help smallholder farmers as Agtrinsic expands Disease Intelligence Engine for South Asia

      September 15, 2026
    • Sports

      Young Cricketer Arham Mehfooz Shines with Outstanding All-Round Performance, Named Man of the Match

      August 18, 2026

      BingX Launches Global Community Initiative Following Enzo Fernández’s World Cup Goal

      July 8, 2026

      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
    • Entertainment

      TikTok strengthens AI transparency and safety efforts to help users navigate AI-generated content

      October 8, 2026

      From Pakistan’s Airwaves to an International Stage: Sophiya Anjam Celebrates 20 Years in Media  

      October 7, 2026

      Meet Prem G, the Pakistani American Artist Bringing a Desi Soul to Electronic Music

      September 29, 2026

      Coke Studio Nu.WAV continues with Rangeen, produced by Umair and featuring Hasan Raheem and Izzchugtai

      September 21, 2026

      Inspector Jamshed Steps onto the Global Screen as IJ.

      August 29, 2026
    • Education

      AAS-in-Asia 2026 concludes at LUMS, brings over 1,000 scholars from 37 countries to Lahore

      September 28, 2026

      SIMPACT 2026 Brings AI to the Forefront of Simulation Education

      September 20, 2026

      EMGS Study in Malaysia Education Fair 2026 Draws Strong Response from Pakistani Students in Islamabad

      September 15, 2026

      (TTWF) marked International Literacy Day 2026

      September 9, 2026

      IBA KARACHI WELCOMES NEW STUDENTS AT THEORIENTATION GALA 2026

      August 24, 2026
    • Health

      PSQCA Faces Criticism over Hasty Reconstitution of Food Standards Committees

      October 10, 2026

      Pedalling for a Cause: Faysal Bank and Patients’ Aid Foundation Unite Against Breast Cancer

      October 5, 2026

      Sindh Health Department, LUMS, and Aga Khan University sign historic agreement to bring national AI Hub for Maternal and Child Health to primary healthcare

      September 25, 2026

      World Lung Day: What We Breathe Matters

      September 25, 2026

      The Church of Jesus Christ of Latter-day Saints contributes $1.2 Million to strengthen maternal and newborn health in Pakistan

      August 31, 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

    Slim Outside, Beast Inside: What “Beauty and Beast” Really Means for the POVA Curve 2 5G

    October 12, 2026

    KHUSHHALI MICROFINANCE BANK SECURES TWO PRESTIGIOUS AWARDS AT PMN ANNUAL CONFERENCE

    October 12, 2026

    itel Energy Showcases Gen-2 Batteries, Expands C&I Solutions at Solar Pakistan Expo

    October 12, 2026
    Leave A Reply Cancel Reply

    Top Posts

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

    May 14, 2025197 Views

    foodpanda and HBL expand strategic partnership for greater digital payment adoption

    October 8, 2026155 Views

    SHINE Humanity Expands Family Planning Services Through Strategic Partnerships

    January 6, 2026149 Views

    Empowering Educators for Climate Action: From Grassroots to Governance

    January 20, 2025106 Views
    Don't Miss
    Business

    Slim Outside, Beast Inside: What “Beauty and Beast” Really Means for the POVA Curve 2 5G

    KHUSHHALI MICROFINANCE BANK SECURES TWO PRESTIGIOUS AWARDS AT PMN ANNUAL CONFERENCE

    October 12, 2026

    itel Energy Showcases Gen-2 Batteries, Expands C&I Solutions at Solar Pakistan Expo

    October 12, 2026

    LUCKY INVESTMENTS LAUNCHES LUCKY ISLAMIC CAPITAL PROTECTED FUND PLAN I

    October 12, 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

    Slim Outside, Beast Inside: What “Beauty and Beast” Really Means for the POVA Curve 2 5G

    October 12, 2026

    KHUSHHALI MICROFINANCE BANK SECURES TWO PRESTIGIOUS AWARDS AT PMN ANNUAL CONFERENCE

    October 12, 2026

    itel Energy Showcases Gen-2 Batteries, Expands C&I Solutions at Solar Pakistan Expo

    October 12, 2026
    Most Popular

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

    May 14, 2025197 Views

    foodpanda and HBL expand strategic partnership for greater digital payment adoption

    October 8, 2026155 Views

    SHINE Humanity Expands Family Planning Services Through Strategic Partnerships

    January 6, 2026149 Views
    © 2026 News Update Times.
    • Home
    • Pakistan
    • Business
    • Technology

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