Treet Corporation to Launch Lithium-Ion Batteries Amid Pakistan's Solar Energy Growth
Treet Corporation Limited is preparing to receive its first shipment of imported lithium-ion batteries, with revenue expected in Q4. Local assembly of these batteries will be contingent on market response. The company has partnered with a major Chinese manufacturer to offer five SKUs of batteries and inverters, aligning with Pakistan's shift towards solar energy, which has seen 33 GW of installed solar capacity.
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Treet Corporation Limited is set to receive its first shipment of imported lithium-ion batteries, anticipated to generate revenue in the fourth quarter. The company indicated that local assembly of these batteries will depend on market response.
Treet has partnered with a Chinese manufacturer to introduce lithium-ion batteries and inverters, providing five SKUs in various formats. Pakistan has already installed 33 gigawatts of solar photovoltaic capacity, showcasing a significant transition to alternative energy. Traditional batteries will continue to meet seasonal demand due to low grid availability.
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