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Friday, February 12, 2010 E-Mail this article to a friend Printer Friendly Version
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Japan pledges $5.4 million grant for solar energy

ISLAMABAD: Japan has decided to extend financial support of $5.4 million to Pakistan for Clean Energy Project, using the latest technology of solar energy panels.

Official Exchange of Notes (E/N) were signed and exchanged between Chihiro Atsumi, ambassador of Japan to Pakistan, and Sibtain Fazal Halim, secretary of the Economic Affairs Division.

In the project, solar energy panels would be set up at the Planning Commission (PC) and Pakistan Engineering Council in Islamabad. The project would promote clean energy utilization and it would achieve emission reduction by installing the new system, which would be connected to the national grid, said a press release. The system was expected to reduce gas emission by replacing the part of electric power generated by fossil fuel and contributing positively to the climate change policy of Pakistan.

At the signing ceremony, Atsumi said ever since his arrival in Islamabad in 2008, he witnessed the challenges caused by climate change in Pakistan, such as the melt-down of glaciers and lack of rainfall; therefore Pakistan and Japan were trying for achieving clean and renewable energy.

He said Japan would take the lead in efforts of the international community against climate change and hoped that Pakistan and Japan would contribute together in this respect.

Atsumi said Japan would continue to focus on the environment and energy sector of Pakistan. He said the environment could be protected this way for future generations, while addressing Pakistan’s energy requirement. staff report

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