Rooftop solar system cut dependence on grid power

Adviser for the Ministry of Power, Energy and Mineral Resources Dr Muhammad Fouzul Kabir Khan has said the adoption of rooftop solar technology in the industrial sector marks a significant step towards energy independence and sustainability for Bangladesh.

“This initiative not only reduces dependency on grid electricity but also supports our commitment to renewable energy," he said while speaking at a workshop on installation of rooftop industrial solar system, in the capital on Monday.

Infrastructure Development Company Limited (IDCOL) organised the workshop, which aims to promote rooftop solar technology among the members of Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA), says a press release.

According to the release, the cost of electricity generation from solar rooftop is much cheaper than that of grid tariff.

ERD Secretary and IDCOL Chairman Md Shahriar Kader Siddiky, World Bank Bangladesh Country Director Abdoulaye Seck and KfW Head of Division Energy for South Asia Stephanie Rieger also attended the workshop.

IDCOL Executive Director and CEO Alamgir Morshed said that 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 are very important for the development of the sector.

Referring to estimates that Bangladesh has a potential of generating more than 4-5 GW of electricity from rooftop solar, he said IDCOL has set a target to finance 300 MWp rooftop solar projects by 2026.