As Pakistan grapples with increasing extreme weather conditions and a surge in energy demand, Trinasolar is poised to introduce its cutting-edge Vertex N series modules to the local market. The new technology, powered by i-TOPCon Ultra, promises enhanced power output, superior efficiency, and strengthened durability under harsh climate conditions. This move aims to address long-standing technical and economic challenges faced by developers in Pakistan.

Key Takeaways:

• Trinasolar's Vertex N Ultra modules will offer up to 40W higher power output, superior efficiency by up to 1%, and stronger durability under harsh climate conditions.
• The new technology is designed to address the technical and economic challenges faced by developers in Pakistan's high-irradiation regions.
• Trinasolar is laying the groundwork for broader market adoption across Pakistan's high-irradiation regions with distribution partners engaged.
• The Vertex N Ultra technology is set to bring one of the most powerful and durable solar technologies in the world to Pakistan's rooftop and utility-scale solar projects.

Statistics:

• Up to 40W higher power output from Trinasolar's Vertex N Ultra modules
• Up to 1% superior efficiency from the new technology
• The energy sector in Pakistan is expected to face significant challenges due to increasing demand and extreme weather conditions.

Sources:

• Trinasolar, "Trinasolar to Launch Vertex N Modules in Pakistan"
• Pakistan's energy sector faces significant challenges due to increasing demand and extreme weather conditions (Source: Trinasolar)
• Trinasolar's technology is designed to address the technical and economic challenges faced by developers in Pakistan's high-irradiation regions (Source: Trinasolar)

Payoneer Reports Record Revenue

Payoneer, a global financial technology company, has reported record revenue and continued momentum in supporting small and medium-sized businesses (SMBs) and digital entrepreneurs around the world.

Key Takeaways:

• Payoneer reported record quarterly revenue, excluding interest income, marking a 16% year-over-year increase.
• The growth was fueled by 11% volume growth and expanded take rates, especially within its SMB customer segment.
• The company's global infrastructure, localized support, and product innovation position it as a key enabler for digital exports from Pakistan.

Statistics:

• Record quarterly revenue growth of 16% year-over-year for Payoneer.
• Volume growth of 11% for Payoneer's SMB customer segment.
• Digital exports from Pakistan continue to grow, with Payoneer's global infrastructure, localized support, and product innovation driving this growth.

Sources:

• Payoneer, "Payoneer Reports Record Revenue and Momentum in Supporting SMBs and Digital Entrepreneurs"
• Payoneer's global infrastructure, localized support, and product innovation drive digital exports from Pakistan (Source: Payoneer)
• Digital exports from Pakistan continue to grow (Source: Payoneer)

ABHI Collaborates with PayPeople for Earned Wage Access

ABHI, an embedded finance platform, has partnered with PayPeople to provide Earned Wage Access (EWA) to employees, enabling them to access their earned wages instantly.

Key Takeaways:

• ABHI has partnered with PayPeople to provide Earned Wage Access (EWA) to employees.
• The collaboration merges PayPeople's reach with ABHI's expertise in financial wellness, enabling employees to manage their financial needs more effectively.
• The partnership aims to bring positive impact on employee productivity and satisfaction.

Statistics:

• ABHI's partnership with PayPeople enables employees to access their earned wages instantly.
• The collaboration aims to bring positive impact on employee productivity and satisfaction.

Sources:

• ABHI, "ABHI Partners with PayPeople to Provide Earned Wage Access"
• ABHI's partnership with PayPeople aims to bring positive impact on employee productivity and satisfaction (Source: ABHI)

NBP Expands Digital Footprint

National Bank of Pakistan (NBP) has expanded its digital services to a wide range of institutions and organizations, promoting a cashless economy.

Key Takeaways:

• NBP has onboarded several key institutions onto its banking systems, including educational institutes and service organizations.
• The digital services enable bill and fee payments to be easier, faster, and more transparent.
• NBP is making efforts to promote a cashless economy by expanding its digital services.

Statistics:

• NBP has onboarded several key institutions, including Water and Sanitation Agency (WASA), Lahore Electric Supply Company (LESCO), and University of the Punjab.
• The digital services enable bill and fee payments to be easier, faster, and more transparent.

Sources:

• National Bank of Pakistan (NBP), "NBP Expands Digital Footprint"
• NBP's digital services aim to promote a cashless economy (Source: NBP)
• NBP has onboarded several key institutions onto its banking systems (Source: NBP)

Telenor Pakistan Appoints New CEO

Telenor Pakistan has appointed Fridtjof Rusten as CEO, replacing Khurrum Ashfaque, who will take on a new leadership role within Telenor Group.

Key Takeaways:

• Fridtjof Rusten will take over as CEO of Telenor Pakistan on 1 September 2025.
• Mr. Rusten has over 23 years of working experience, including several key leadership roles in Asia with Telenor Group.
• Mr. Ashfaque will take on a new leadership role within Telenor Group.

Statistics:

• Telenor Pakistan's new CEO, Fridtjof Rusten, will take over on 1 September 2025.
• Mr. Rusten has over 23 years of working experience.

Sources:

• Telenor Pakistan, "Fridtjof Rusten Appointed as New CEO of Telenor Pakistan"
• Fridtjof Rusten will take over as CEO of Telenor Pakistan on 1 September 2025 (Source: Telenor Pakistan)
• Mr. Rusten has over 23 years of working experience (Source: Telenor Pakistan)