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CPEC Phase 2 formally launches in 2026 with a new Green Development Corridor alongside Growth, Innovation, Livelihood, and Regional Openness corridors — plus a proposed Knowledge Corridor. Phase 1 delivered 38 Early Harvest Projects worth USD 25bn+; Phase 2 reorients toward renewables, storage, and grid modernisation.
Pak Suzuki has inaugurated a 100m³ biogas plant and a 920 kWh solar power project at its manufacturing facility — a dual-asset renewable energy deployment that combines electricity self-generation with on-site biogas production for thermal applications.
Pakistan's Power Division has finalised Pak-IEM 2.0 — the country's first integrated energy planning model on the TIMES-VEDA framework, built with Germany's GTZ. Under the Net Zero pathway, renewables become the main contributor to power generation and emissions fall ~50% by 2050.
Sindh CM Murad Ali Shah has invited Chinese investors to back solar, industrial power-system, and renewable-energy projects across the province — pitching Karachi as a regional hub where industrial growth and decarbonised power must be financed together.
Pakistan and Norway have signed an Article 6.2 carbon trading agreement worth up to USD 200 million — the first bilateral climate-finance deal targeting Pakistan's power sector decarbonisation.
Pakistan's Q1 2026 solar imports crossed 22GW — more than a decade of grid capacity — as industrial and residential buyers race to bypass rising tariffs.
Hubco has acquired a 330MW wind farm portfolio in Jhimpir, Sindh — the largest private power deal of 2026, lifting its renewables share to 15%.