User talk:Sana Anita

Reon Energy Limited
Reon is a next generation energy company with expertise in solar power, energy storage across its various uses, electric vehicle charging and digitalization of energy assets leading to smart energy systems. The Company started its operations in 2012 and since then has managed to turn around the nation’s Renewable Energy Market with successful partnerships with groups such as Fauji Cement Company, Sindh Engro Coal Mining, Kohinoor Textile Mills, Abbott Pharmaceuticals, and Unilever Pakistan The Company recently partnered with LONGi for Pakistan’s largest commercial solar project to date at 70MWp. This project will use Hi-MO 5 540/545Wp modules and will be completed in four clusters, with an estimated commercial operation date in Q3 2021. SBP also introduced a Shariah compliant version of the Green Financing Scheme in August 2019. The scheme aims at meeting Pakistan’s growing electricity demand through renewable energy and promoting clean energy projects as part of sustainable development goals. It promotes the use of indigenous resources such as wind, solar and hydro to generate electricity as well as encourages the use of renewable energy at consumer level to support net metering regulations. The scheme offers varied financing options ranging from Rs400 million to Rs6 billion for a range of entities and persons. This includes captive energy units as well as commercial projects and individual consumers who may share excess production with the national grid. Unilever availed a loan of Rs833 million to set up 8.85MW of renewable energy production facilities across four factories in Punjab. The renewable energy solution was implemented by Reon Energy Limited, producing 13 million kilowatt units of energy per year, resulting in annual savings of Rs182 million and a reduction in 5,075 tons of CO2 emissions.