Advanced energy storage technologies vital for industrial competitiveness: TDAP CEO

LAHORE, (APP - UrduPoint / Pakistan Point News - 12th Jul, 2026) Trade Development Authority of Pakistan (TDAP) Chief Executive Officer Faiz Ahmed highlighted the importance of promoting technological innovation and facilitating investment in modern energy solutions to strengthen Pakistan's industrial base and enhance its global competitiveness.

He was addressing the "Innovation Driving the Energy Future" Growatt Full-Scenario Storage Launch held here on Sunday. The event brought together policymakers, industry leaders, technology experts, and key stakeholders from Pakistan's energy sector to deliberate on the future of renewable energy, advanced battery storage technologies, and sustainable power solutions. Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Regional Chairman and Vice President Zaki Aijaz, Punjab Energy Department Secretary Muhammad Ajmal Bhatti and SM Solar (Pvt.) Limited CEO Adil Mehmood also addressed the ceremony.

TDAP CEO Faiz Ahmed observed that sustainable energy technologies present significant opportunities for economic growth, export expansion, and industrial modernization.

On this occasion, FPCCI Regional Chairman and Vice President Zaki Aijaz has emphasized that innovation, renewable energy, and advanced energy storage technologies are indispensable to strengthening Pakistan's industrial competitiveness, long-term energy security, and accelerating the country's transition towards a sustainable and green economy.

Zaki Aijaz stated that availability of affordable, reliable, and environmentally sustainable energy is fundamental to enhancing industrial productivity, reducing production costs, expanding exports, and attracting domestic as well as foreign investment.

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He stressed that the adoption of advanced battery energy storage systems, coupled with greater utilization of renewable energy, will significantly improve the resilience and efficiency of Pakistan's energy infrastructure.

He underscored the need for closer collaboration among the government, the private sector, technology providers, and international development partners to create a policy environment that encourages investment, innovation, and the large-scale deployment of clean energy technologies. He noted that such initiatives would not only support economic growth but also contribute to Pakistan's climate commitments and long-term sustainable development objectives.

The speakers collectively reaffirmed that advanced energy storage systems, renewable energy integration, and innovation-driven policies will play a transformative role in shaping Pakistan's energy future.

They called for sustained public-private collaboration to accelerate the adoption of clean energy technologies and establish a secure, resilient, and sustainable energy ecosystem.

The event concluded with an interactive session attended by prominent industrialists, investors, energy professionals, policymakers, and representatives of leading national and international companies. Participants exchanged views on emerging trends in energy storage, technological innovation, and investment opportunities aimed at supporting Pakistan's transition towards a cleaner, more efficient, and sustainable energy future.