Pakistan is an energy-deficient country. This paper accentuates the importance and challenges of new era technologies. The renewable energy sources like wind energy, solar energy, geothermal energy, ocean energy, biomass energy and fuel cell technology can be used to overcome energy shortage in Pakistan. Renewable energy sources and technologies have the potential to provide solutions to the long-standing energy problems being faced by the developing countries. The expansion of existing energy resources and exploration of new sources is an important exercise to be considered in order to sustain their development initiatives.