Chinese giant Hoymiles joins Pakistani market to provide high-tech energy storage solutions
Business
The government is working rigorously to facilitate foreign investors and companies to enhance their business and commercial activities, mainly in the technology and renewable energy sectors
KARACHI (Web Desk) - Chinese inverter manufacturer Hoymiles has entered Pakistan to provide high-tech, long-duration energy storage solutions for residential, commercial and industrial buildings by utilizing solar systems for electricity consumption, its Pakistani partner said on Monday.
Hoymiles has formed strategic partnerships with Superstar, a renowned name in Pakistan’s automotive industry, and Harisun Energy, a new entrant in the energy solutions sector, to explore the Pakistani market, which is witnessing rapid growth in solar power adoption. In this regard, launch events were held simultaneously in Karachi and Lahore, unveiling multiple storage solutions produced by Hoymiles under the brands of Harisun Energy and Superstar.
Speaking as the chief guest at the Hoymiles launching ceremony in Karachi, Ali Rashid, advisor to Sindh chief minister on science and information technology (IT), said the provincial government appreciates foreign investors, particularly Chinese companies, establishing their industries, assembly, and distribution units in Karachi to meet the demand of the local market as well as export solutions to other countries.
“The government is working rigorously to facilitate foreign investors and companies to enhance their business and commercial activities, mainly in the technology and renewable energy sectors, to improve the living standards of the public and boost economic activity within the country and the province of Sindh,” he said.
The Sindh government is currently collaborating with various Chinese companies across different sectors, including logistics and renewable energy, and it welcomes further cooperation between the private and public sectors, according to Rashid.
Superstar Solar Energy and Harisun Energy are introducing Hoymiles’ innovative range of solar inverters, energy storage solutions, and smart energy management systems to the Pakistani market. These solutions are designed to deliver reliable, efficient, and sustainable energy, empowering individuals and businesses to harness solar power as a clean and green energy source.
“Pakistan’s growing solar sector is facing a major challenge related to long-hour backup and energy storage solutions, which will soon be addressed with the entry of a global leader in energy solutions,” said Haris Jamsheed, CEO of Harisun Energy.
“Our partnership with the Chinese company will provide innovative energy storage solutions for residential, commercial, and industrial solar systems, enabling uninterrupted electricity supply at workplaces, factories, and homes during nighttime hours.”
“We have vowed to bring an energy revolution to Pakistan through innovative storage solutions, as the industrial and commercial sectors can enhance productivity with low-cost electricity backup systems,” said Saleem Umar, Chairman of Superstar.
“Affordable electricity will reduce operational costs at the domestic level, enabling exporters to compete more effectively in global markets.”