Key Market Indicators
Pakistan's solar capacity is projected to reach approximately 2,100 megawatts by 2028, up from around 1,400 megawatts in 2023. This growth represents an average annual increase of 6.4%. Since 2012, the country's solar supply has experienced a significant rise, growing at an average rate of 15.3% annually. In terms of solar energy consumption, Pakistan is expected to maintain its level at about 0.01 exajoules by 2028, consistent with 2023 figures. This reflects an average annual growth rate of 2.1%. Since 2017, the demand for solar energy in Pakistan has grown at an average rate of 2.7% per year.
