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PCRET to initiate large scale production of solar panels.

Islamabad -- Pakistan Coun cil for Renewable Energy Tech nology (PCRET) in collaboration with Pak Oasis Pvt Ltd will initiate production of solar panels, which will help to overcome prevailing energy crisis in the country.

This venture is about work ing on an indigenous solution to promote Pakistani products and will require the technical skills of young engineers,an of ficial said, adding thus creating massive job openings in all areas on an equal opportunity platform.

Director General PCRET Khalid Islam showed opti misim of Solar Energy grow ing in Pakistan and said "I feel in today's time, energy self-suf ficiency is exceedingly impor tant for industrial development in any nation. Pakistan is a sun-friendly country and the 6th luckiest in the world where sun-availability is up to 16 hours on average".

According to official sources, PCRET will soon ini tiate large scale production and marketing of Renewable En ergy and electronic products in the country and will ensure op timal utilization of all available resources and promote cost ef fective indigenous products.

In this regard, PCRET, STEDEC Technology Com mercialization Corporation of Pakistan, Ministry of Science and Technology MoST, Na tional Institute of Electronic (NIE), Telecom Industry of Pakistan (TIP), Ministry of In formation Technology (MoIT) recently signed a Memoran dum of Understanding (MoU) to design, develop, large scale production and marketing of Renewable Energy and Elec tronic Products.

Under the MoU, NIE and PCRET will design, develop and produce prototype of de mand driven products and pass on the complete technical know-how to TIP, while STEDEC will undertake all fi nancial and commercial as pects on behalf of PCRET and NIE.

While, TIP will be respon sible for mass scale production and marketing of products de signed and developed by NIE and PCRET.

A joint Working Group, having representation of all the four parties as well as of MoST and MoIT will select the prod ucts (already designed or to be designed) and prepare work able operational model and SOPs for taking the products from initial stage to marketing level.

Official said " MoST (Min istry of Science and Technol ogy) has established Commercialization Cell to de velop linkages between R and D Organizations, Academia and Industry for sharing of re sources to carry out demand driven R and D, offering solutions to various industrial problems, entrepreneurship development and commercialization of IP of these organizations".

"This MoU will herald a new era of long term relation ship between the two min istries, which will be cornerstone of our initiatives aimed at self reliance through indigenization".

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Geographic Code:9PAKI
Date:Oct 31, 2013
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