Energy adviser urges industries to use rooftop solar to cut grid power reliance
He said the adoption of rooftop solar technology in the industrial sector marks a significant step towards energy independence
Energy Adviser Muhammad Fouzul Kabir Khan today (11 November) urged the industries to install rooftop solar power to meet their own power requirements.
"This initiative will not only reduce dependency on grid electricity, but also support the government's commitment to renewable energy," he told a workshop on installation of rooftop industrial solar systems, organised by Infrastructure Development Company Limited (Idcol) at a city hotel.
"The adoption of rooftop solar technology in the industrial sector marks a significant step towards energy independence and sustainability for Bangladesh," he said.
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The primary goal of the event was to encourage the adoption of rooftop solar technology among the members of Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA), highlighting its potential to reduce energy costs and contribute to the nation's renewable energy targets.
The adoption of rooftop solar technology in the industrial sector marks a significant step towards energy independence and sustainability for Bangladesh
Energy Adviser Muhammad Fouzul Kabir Khan
Idcol officials said the cost of electricity generation from solar rooftop is much cheaper than that of grid tariff. Thus, financing such projects makes financial sense apart from achieving the country's target of renewable energy-based power generation, reads a press release.
Alamgir Morshed, executive director and CEO of Idcol, said, "Under Renewable Energy projects, Idcol not only provides low-cost financing to various organisations, but also provides technical support, quality equipment purchase and capacity building to the organisations, which is very important for the development of this sector."
He said it is estimated that Bangladesh has a potential of generating more than 4-5 GW of electricity from rooftop solar only.
"Idcol has set a target to finance 300 MW peak rooftop solar projects by 2026," he added.
Md Shahriar Kader Siddiky, Secretary of ERD and Chairman of Idcol, Abdoulaye Seck, country director of World Bank Bangladesh and Stephanie Rieger, head of Division Energy, South Asia, KfW also addressed the event.
