Bangladesh’s rooftop solar sector gains momentum

The distributed solar power generation sector has started to gain momentum in Bangladesh as industrialists show increased interest in the financial and environmental benefits.

Several megawatt-sized rooftop solar facilities are now online in Bangladesh, while scores more are under construction. Many industrialists are also planning to install solar on their factory rooftops.

Encouraged by the state-run Sustainable and Renewable Energy Development Authority (SREDA), leading businesses, including apparel factory owners, are beginning to show interest in utilizing their building rooftops to generate clean electricity.

“We are receiving increased number of queries from various business groups seeking assistance for setting up of rooftop solar facilities,” said Mohammad Alauddin, chairman, SREDA.

According to government data, a total of 1,601 solar rooftop facilities are currently generating over 75MW of electricity. However, many of the rooftop solar arrays, installed in the private sector, have not been included in the list.

State-run financier the Infrastructure Development Company Ltd (IDCOL) has so far approved 41 rooftop solar projects which will generate a total of 50MW of electricity. Officials said some 15 more projects are now awaiting approval which may have a generation capacity of 52MW collectively.

The IDCOL has set a target to finance rooftop facilities totaling 300MW by 2024, its chief executive officer Abdul Baki said earlier this month.

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Post time: Jan-07-2022

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