A Germany-based renewable energy company plans to invest more than 100 million euros and set up the first solar panel manufacturing facility in Pakistan. The CAE company plans to start manufacturing solar panels by end of the year.
According to Shahzada Khurram, the only Pakistani director of the company, the country is going through “one of the worst energy crises, and it is time to think about renewable energy as a way to make good money in the sector.”
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