Pakistan Solar Association Celebrates a Year of Remarkable Achievements

Lahore (Muhammad Yasir)

The Pakistan Solar Association (PSA) commemorated a year filled with significant milestones during its Annual General Meeting held on September 30, 2023, at the PSA headquarters in Lahore. The meeting was a testament to PSA’s dedication to addressing key issues related to net metering and its unwavering stance against the imposition of the GST on solar products. These accomplishments underscore PSA’s steadfast commitment to the advancement of the solar energy industry in Pakistan.

Chaired by Mr. Amir Chaudry, Chairman of PSA, the meeting centered around the pivotal role of solar energy in Pakistan’s progress and the urgent necessity to cultivate a clean and green energy ethos throughout the nation.

Mr. Amir Chaudry shared the association’s visionary goals, stating, “Our vision is to transform Pakistan into a hub of clean and green energy. The solar energy sector not only holds the potential to mitigate energy shortages but also to generate employment opportunities and significantly contribute to the nation’s economic development. By fostering collaboration within our industry, we can expedite the adoption of solar energy solutions and pave the way for a sustainable, resilient, and prosperous Pakistan.”

Attendees at the meeting unanimously recognized the profound significance of solar energy in Pakistan’s energy landscape. They emphasized how harnessing solar power could serve as a transformative solution to mitigate Pakistan’s energy challenges while concurrently mitigating environmental impacts.

During the meeting, PSA members pledged to forge stronger bonds within the solar energy sector. Their collaborative endeavors will encompass policy advocacy, research and development initiatives, and capacity-building programs aimed at ensuring the sustainable growth of the industry.

The Annual General Meeting of PSA concluded with a resolute commitment from all members to work closely with government entities, private sector stakeholders, and civil society to promote the adoption of solar energy and renewable energy technologies and practices throughout Pakistan.

The Pakistan Solar Association (PSA) is a leading organization dedicated to advancing the adoption of solar energy and sustainable practices in Pakistan. PSA is committed to promoting solar energy as a viable and environmentally friendly solution to Pakistan’s energy needs while supporting the growth of the solar energy industry. The association actively engages in advocacy, research, and capacity-building initiatives to create a brighter and more sustainable energy future for Pakistan.

10Pearls Recognized on the 2023 Inc. 5000 for the 5th Consecutive Year.

Pakistan (Muhammad Yasir)

10Pearls, a leading end-to-end digital services company in Pakistan, has been recognized in the annual Inc. 5000 list for the 5th consecutive time, ranking among America’s fastest-growing private companies.

The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment – its independent, entrepreneurial businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000.

Over the last three years, 10Pearls has reported a record 300% revenue growth, increased its headcount globally to more than 1,500 subject matter experts, made several key strategic acquisitions, and expanded its geographic footprint. 10Pearls has opened up offices in London, and expanded delivery offices in Colombia, Costa Rica and Peru within the Latin American region. This award follows a number of accolades for 10Pearls, including its CEO winning EY Entrepreneur of the Year Award and ranking no. 62 on Inc Regional Mid-Atlantic Fastest-Growing Private Companies.

“10Pearls continues to excel at delivering quality at scale globally through all facets of strategy, design, and implementation. Our success is attributed to our domain expertise in key verticals – healthcare, financial services, telecommunications, and strategic investments in Artificial Intelligence and Machine Learning to help clients build future-ready digital properties.” Imran Aftab, CEO, 10Pearls.

The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate ticked up to an astonishing 2,238 percent. In all, this year’s Inc. 5000 companies have added 1,186,006 jobs to the economy over the past three years.