BD renewable ambitions face crosswinds10 Aug 2025 09:01
These pie in the sky figures in the future never take into account the high capital costs do they……rooftop solar?….where’s the money coming from,very likely to be pilfered and misappropriated……a billion dollars a year to get to these targets,heaving subsidies and land appropriation it’s the folly of a developed nation……anyway let them have a play….it grabs headlines and I’m sure the elephants and wild cats will thank them one day as the 170mln inhabitants pick up the tab……
As of July, 2025, Bangladesh's installed solar energy capacity reached 1,307.15 megawatts (MW), up from 949.65 MW in June 2023-a 38 per cent increase in just over two years. While this surge underlines the growing momentum in the country's transition to clean energy, significant financial, technical, and policy challenges threaten to slow the pace of expansion.
Despite robust growth in solar panel installations-ranging from utility-scale solar parks and mini-grids to rooftop and irrigation systems-the financing ecosystem for renewable energy remains underdeveloped. High capital investment requirements, complex regulatory procedures, and inadequate technological expertise are among the major barriers deterring banks and private investors from scaling up their involvement in large renewable projects in the areas like solar, wind, hydro, and biomass power.
https://today.thefinancialexpress.com.bd/special-issues/renewable-energy/bd-renewable-ambitions-face-crosswinds-1754753010