New Energy
Pakistan’s Solar Boom Faces Ire From Debt-Strapped Government
The spread of rooftop solar has been an unlikely lifeline for Pakistan’s citizens burdened by sky-high bills and frequent blackouts. Now it’s also testing the country’s ability to pay its energy debts.
The government buys power from generators and sells it to consumers, using revenues to pay back creditors such as China. But it’s long been doing so at a loss, and collections are now starting to decline as families and businesses increasingly generate their own clean power.