Renewables authority official tells pv magazine the nation’s irrigation canals could host almost 1 GW of solar generation capacity.
The lender’s private sector arm will help formulate a tendering process to identify the best suited partners for the development of PV projects in Bangladesh.
Industry figures indicate the expansion of the Bangladeshi grid is hitting demand for the solar home systems which have traditionally generated power for homes formerly out of reach of the electricity network.
Firming up the payment system for solar energy exported back into the grid from PV-powered pumps will offer owners a new revenue stream, eat into a $1 billion annual diesel fuel bill and reduce strain on the grid by up to 1.5 GW daily during the agricultural season.
In racing to provide access to electricity to all its citizens, the government has commissioned extensive coal, gas and nuclear generation capacity and the solar sector fears an ever-expanding national grid will kill the business case for solar in previously off-grid areas.
The affordable public financing packages on offer for solar rooftops are attracting developers who have clients happy to lease out roofspace without any capital outlay in order to secure cheaper power.
Visitors to this year’s Solar Bangladesh Expo have called for the implementation of quality standards on solar imports – action which the government is currently pursuing – with one industry insider rubbishing Indian-made products.
The authorities expect to add 300 MW of rooftop solar in the next four years thanks to net metering regulations and hope the nation’s extensive clothing and textile industry will be encouraged to adopt PV.
Minister unveils plan to install small-scale systems on all educational buildings as part of aim to generate 10% of power from renewables by next year. The program will be privately funded, according to industry insiders.
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