14.9 C
Berlin

Zonergy, BOP to further cooperate on financing RE projects in Pakistan

Inverter and energy storage solutions provider Zonergy and Bank of Punjab (BOP) discussed opportunities to advance cooperation at a meeting between the leaders of the two sides.

Zonergy, BOP to further cooperate on financing RE projects in Pakistan
Zonergy, BOP to further cooperate on financing RE projects in Pakistan

The meeting, held between Mr. Guo Jun, president of Zonergy, and Mr. Zafar Masud, Chairman of BOP, was aimed at strengthening cooperation to build a renewable energy ecosystem.

Mr. Guo thanked Mr. Zafar Masud for his warm reception, and briefly introduced the history, market layout and performance highlights of Zonergy Corporation.

Mr. Guo said that Zonergy has been deeply involved in the Pakistani market for many years.

The company’s 300 MW ground-mounted solar power plant commissioned in July 2016 in Punjab Province with an annual power generation of over 500 million kWh has become the largest Independent Power Producer (IPP) in solar power generation in Pakistan.

Guo Jun, President of Zonergy, meeting with Zafar Masud, Chairman of the Bank of Punjab. Source: Zonergy
Guo Jun, President of Zonergy, meeting with Zafar Masud, Chairman of the Bank of Punjab. Source: Zonergy

The company also provides customized integrated solar power storage solutions for residential and C&I customers in Pakistan.

At present, the company has opened 73 flagship stores across Pakistan, providing one-stop services, including equipment sales, project design, project execution, etc. A number of distributed C&I solar storage projects developed by Zonergy have been connected to the grid.

Mr. Zafar Masud warmly welcomed Mr. Guo and the Zonergy delegation. 

He said that Zonergy has extensive market presence and project experience in Pakistan. Over the years, Zonergy has delivered solar projects for large enterprises, SMEs and residential users.

At the meeting, the two sides had detailed discussions on financing renewable energy projects and decided to work together to provide Pakistan with better energy services.

Other senior officials from BOP have also attended the meeting, including Head of Investment Banking Umar Khan, Head of Corporate Banking Asim Jahangir Seth, Head of Project Finance and Infrastructure Consulting Naeem Javaid. 

Vice President of Zonergy Corporation Xu Hongchang and Deputy Director of Financing Department Chen Tao have attended the meeting.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

You Might Also Like

Triumphant in Europe – ZONERGY Makes a Stellar Debut in Intersolar Europe 2023

On June 14th, the highly anticipated Intersolar Europe 2023 kicked off at the prestigious Munich new International Exhibition Center in Germany. ZONERGY CORPORATION proudly presented...

ZONERGY made a wonderful appearance at the Sydney Smart Energy Exhibition

On May 3-4, 2023, the Smart Energy Exhibition and Forum will be held at the International Convention Center in Sydney, Australia. ZONERGY Technology Co.,...

Key Energy 2023 Rimini | Zonergy High-performance Products Catch Eyes

Key Energy 2023 Rimini, the International Expo on Energy and Sustainable Mobility, was held from 22 to 24 March 2023 at the Rimini Exhibition...
Join Our Newsletter

Latest Event

Solar Focus | Unlock Vast Solar Power Potential in Indonesia

On June 29, Solarbe will invite experts from S&P Global, JA Solar and other leading players in the Latin American market to discuss the current status and future outlook of the region's solar market.

Latest article

Huawei, Sungrow, Solis, Growatt, and GoodWe secure top spots in global inverter shipments in 2022

Global solar photovoltaic (PV) inverter shipments reached a record high in 2022, surpassing 330 gigawatts (GWac), according to a recent analysis by Wood Mackenzie....

LONGi ventures into HPBC Pro cell technology with 12 GW facility

LONGi Green Energy has unveiled plans to invest in its first-ever HPBC pro solar cell facility in Tongchuan, China. This decision reflects LONGi's commitment...

JA Solar set to reach 57 GW n-type cell production capacity by 2023

JA Solar revealed in a recent investor briefing that the company’s n-type solar cell production capacity is expected to reach 57 GW by the...

JA Solar’s n-type module shows its power generation advantages in yield test in Hainan

PV yield test projects are one of the most important ways to evaluate the performance of PV modules and PV systems, and thus have...