The Infrastructure Development Company Limited (IDCOL), in partnership with the Bangladesh Garment Manufacturers and Exporters Association, organised a workshop on ‘Installation of industrial rooftop solar system – prospects and benefits’ on Saturday in the capital.

The workshop’s objective is to promote rooftop solar technology among the members of the country’s readymade garment factory units.

According to the seminar, electricity generation from solar rooftops is cheaper than that of grid tariffs, and financing such projects makes financial sense, in addition to achieving the country’s target of renewable energy-based power generation.

In his speech as the chief guest, Muhammad Fouzul Kabir Khan, adviser to the Ministry of Power, Energy and Mineral Resources, said the government is working relentlessly to generate 10 per cent electricity from renewable energy sources by 2030.

‘The adoption of rooftop solar technology in the industrial sector marks a significant step towards energy independence and sustainability for Bangladesh. This initiative reduces dependency on grid electricity and supports our commitment to renewable energy,’ he added.

Shahriar Kader Siddiky, secretary of the Economic Relations Division and chairman of the IDCOL, said that adopting rooftop solar technology in the industrial sector is not just a step toward reducing energy costs but a vital commitment to achieving Bangladesh’s renewable energy targets.

Alamgir Morshed, executive director and CEO of IDCOL, said that they provide low-cost financing and technical support for rooftop solar capacity development.

These are very important for scaling up this technology. Bangladesh has the potential to generate more than 5,000 MW of electricity from rooftop solar. He added that IDCOL has set a target to finance 300 MW rooftop solar projects by 2026.

Michael Sumser, director of the KfW Office in Dhaka, and Md Anwar Hossain, administrator of the BGMEA, were also present at the event.

News Link: IDCOL to help install industrial rooftop solar system