It is possible to save one billion dollars in Bangladesh if two thousand megawatts of solar power can be increased and used in a short period of time. This information has emerged in the study of the National Bureau of Asian Research (NBR), a US-based organization. According to the study, if the diesel-powered irrigation system is replaced with solar power, Bangladesh will be freed from the burden of importing LNG and diesel worth a billion dollars a year.
Taking these two steps, it is possible to reduce 5.58 million tons of carbon dioxide emissions in a year, according to the research report published recently. Shafiqul Alam, author of the research paper and NBR Clean Energy Fellow, said, “If renewable energy capacity is developed, dependence on expensive and volatile fossil fuels like LNG will be reduced. At the same time, there will be an opportunity to reduce fake imports.
He also said, ‘At present, the cost of generating electricity from the rooftop system is 5.25 taka per kilowatt. Thus, industries can reduce daytime per unit electricity consumption by 40 percent compared to grid electricity consumption. Similarly, utility-scale solar can generate electricity per kilowatt.