EnergyNewsLocal Industry

Bangladesh industries accelerate rooftop solar adoption amid rising global pressure

BTJ News Desk
SHARE
Bangladesh industries accelerate rooftop solar adoption amid rising global pressure

Bangladesh’s industrial sector is rapidly embracing rooftop solar energy as both an economic and environmental necessity. Factories across export-processing zones, pharmaceuticals, and garment clusters are installing large-scale solar systems to reduce costs, cut carbon emissions, and meet international buyers’ sustainability demands.

Pioneers & Scale: Youngone Corporation operates the country’s largest rooftop solar plant at 37 MWp in Chattogram, meeting much of its energy needs and cutting nearly 96,000 tonnes of CO₂. Renata PLC (5.6 MWp) and Ha-Meem Group (12.2 MWp) have also made significant investments, with Ha-Meem targeting net zero by 2050.

Economics: Solar power costs factories about half the price of grid electricity (Tk 10–12/kWh vs ~Tk 5–6 for solar), making it increasingly viable. IDCOL, the state renewable financier, has already financed 165 MWp across 52 factories and estimates a national potential of 4,000 MWp.

Global Compliance: International brands like American Eagle, Levi’s, and GAP now demand suppliers source part of their electricity from renewables and cut emissions. Failure to comply risks contract loss.

Future Risks: Experts warn that once energy subsidies are lifted, grid electricity could double in cost, threatening industrial competitiveness. Renewables are seen as the only sustainable path forward.

In sum, Bangladesh’s rooftop solar boom is being driven by cost savings, climate commitments, and global buyer requirements, positioning renewables as a cornerstone of the country’s industrial future.

SHARE