Islamabad, — New Energy Nexus, a global organization committed to advancing clean energy, has announced a strategic partnership with Renewables First, Pakistan’s premier think tank for energy and environmental issues. The partnership was unveiled at the Pakistan Cleantech Forum in Islamabad and is set to drive economic growth, job creation, and international investment in Pakistan’s rapidly growing cleantech sector.
Recognizing Pakistan’s significant climate vulnerabilities and the urgent need to bridge the climate financing gap, this collaboration aims to catalyze advancements in the country’s climate tech industry. New Energy Nexus brings its extensive global experience in accelerating clean energy businesses and startups, while Renewables First offers a deep understanding of local challenges and opportunities.
“Our partnership with New Energy Nexus marks a significant milestone in Renewables First’s mission to accelerate Pakistan’s energy transition,” said Zeeshan Ashfaq, CEO of Renewables First. “Pakistan presents an ideal market for cleantech growth, offering vast potential and opportunities for our youth to innovate and drive the industry forward. We are committed to investing in the future of Pakistan’s cleantech ecosystem.”
Stanley Ng, Global Partnerships Director at New Energy Nexus, highlighted the strategic importance of the collaboration, stating, “Pakistan, as the world’s fifth most populous nation, has major industries like textiles, agriculture, automotive, cement, steel, and chemicals, which are high carbon-emitting sectors. This partnership provides an immense opportunity to foster the development of groundbreaking climate tech innovations. With New Energy Nexus’s experience in ecosystem building and Renewables First’s local insights and network, we aim to unlock this potential by identifying key areas where climate entrepreneurs can create impactful solutions, deploy them, and scale their efforts towards a low-carbon economy.”
Over the next 12 months, New Energy Nexus and Renewables First will launch a series of programs designed to cultivate a robust pipeline of clean energy startups. These initiatives will include specialized training programs, collaboration with other ecosystem stakeholders, and policy advocacy efforts to create an enabling environment for cleantech innovation.
About Renewables First
Renewables First (RF) is a think-and-do tank focused on energy and environmental issues. RF works to address critical energy and natural resource challenges, striving to ensure that energy and climate transitions are just and inclusive through impactful research, advocacy, and strategic partnerships. For more information, visit www.renewablesfirst.org.
About New Energy Nexus
New Energy Nexus (NEX) is an international organization dedicated to achieving a 100% clean energy economy for everyone. NEX supports diverse entrepreneurs through accelerators, funding, skills development, and networking opportunities. Over the past 20 years, NEX has accelerated more than 1,200 startups, supported nearly 9,000 entrepreneurs, and mobilized over US$3.7 billion in investment. The organization operates programs and advisory services across Australia, China, India, Indonesia, Nigeria, Pakistan, the Philippines, Thailand, the UAE, Uganda, the USA (California and New York), and Vietnam. For more information, visit www.newenergynexus.com.
