STAFF REPORT IBD: Apricus Solar Co. Ltd., an manufacturer and supplier of solar hot water solutions to the global market, has signed a MoU with Boutique Carbon (Pvt.) Limited of Pakistan, under which the solar thermal would be introduced in the country in order to resolve the energy crisis.
"With an energy crisis in Pakistan resulting in daily power blackouts and high cost of diesel and gas, solar thermal has massive potential of providing energy independence and security to many business owners who use large volumes of hot water for their operations,” said Apricus CEO, Mick Humphreys.
This agreement establishes Boutique Carbon as a branch office for Apricus in Pakistan, handling all inquiries for Apricus products.
He said that the Boutique Carbon can leverage these and other opportunities based on the synergies that exist due to its carbon consulting practice, is, therefore, well positioned to introduce the Apricus solar thermal technology to the Pakistan market," said Apricus CEO, Mick Humphreys.
In his remarks, Director of Boutique Carbon, Irfan Hashmi, said that the MRA with Apricus is a testament to our strong desire for introducing low carbon technology in Pakistan. Boutique Carbon prides itself as being a top class carbon projects design studio.
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