HomeIndustry InsightsEcopack to Install 2MW Solar System, Highlighting Green Transition in PET Industry

Ecopack to Install 2MW Solar System, Highlighting Green Transition in PET Industry

2025-06-25
On June 23, 2025, Pakistan-listed company Ecopack Limited announced plans to install a 2.03 megawatt (MW) solar power generation system, with board approval for the related capital expenditure. The project also involves the acquisition of approximately 3.63 acres of land to facilitate installation and associated infrastructure.

Ecopack, a manufacturer specializing in polyethylene terephthalate (PET) bottles and preforms primarily for beverage and liquid packaging markets, marks this investment as a significant step toward green manufacturing and energy optimization.


Rapid Growth in Pakistan's Solar Market

Ecopack's decision coincides with a rapidly expanding photovoltaic (PV) sector in Pakistan. According to the UK-based energy think tank Ember's Global Electricity Review 2025, Pakistan imported approximately 17 gigawatts (GW) of solar panels in 2024, ranking it among the world's largest solar panel importers.


Despite slow overall electricity demand growth, distributed solar installations have surged, with the country's net metering solar capacity reaching 2,813 MW as of March 31, 2025. Meanwhile, the government initially proposed an 18% Goods and Services Tax (GST) on imported solar panels in the 2025-26 fiscal budget but reduced this rate to 10% after consultation with industry stakeholders, aiming to balance local industry development with cost relief.


Exploring the Link Between PET and Renewable Energy

While PET (polyethylene terephthalate) is traditionally known for its applications in beverage and food packaging, it is increasingly being explored for use in renewable energy systems—most notably in solar panel backsheets. High-performance PET films offer excellent strength, UV resistance, and dimensional stability, making them suitable for protecting photovoltaic cells from environmental exposure.


From a sustainability perspective, PET is a recyclable, high-value-added thermoplastic material. PET resin producers across Asia and globally are increasingly investing in low-carbon production, green electricity usage, process optimization, and circular economy practices. Leading manufacturers like Wankai New Materials Co., Ltd. have committed to dual-carbon strategies, including reduced reliance on fossil fuels, improved energy efficiency, and enhanced waste recycling.


The industry is also exploring bio-based PET and closed-loop recycling systems for packaging, enabling a greener product lifecycle. At the same time, renewable energy adoption—such as solar installations within manufacturing plants—helps reduce Scope 2 emissions, forming a two-way synergy between clean energy and clean materials.


Toward a More Integrated Green Future

Ecopack's investment reflects not only a commitment to lowering carbon emissions but also the potential for PET manufacturers to participate more broadly in the sustainable materials space. As PET continues to expand into functional films, renewable energy applications, and environmentally friendly innovations, initiatives like this underscore the material’s evolving role in a low-carbon economy.


This article is based on publicly available information reported by Business Recorder on June 23, 2025. For the original news coverage, visit: https://www.brecorder.com/news/40369187

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