The Infrastructure Development Co. Ltd. (IDCOL) state-owned Bangladesh has offered loans to a number of jute producers and textile producers to deploy 40 MW rooftop PV techniques.
Three Bangladeshi jute and textile producers will set up almost 40 MW of rooftop and ground-mounted photo voltaic capability to scale back their reliance on grid energy and power payments.
The state-owned IDCOL will present 80% of the funds for the tasks within the type of mushy loans. pv journal.
He mentioned corporations can save prices, whereas additionally decarbonizing their power provide. “We have an enormous pipeline of proposals in hand,” he added. “We hope to attain a milestone of 100MW from the rooftop by the top of the yr.”
One of the loans was given to construct a 12.6 MW photo voltaic rooftop challenge at Akij Glass Industries in Madhabpur, in keeping with IDCOL officers. The 8 MWh challenge, which is anticipated to come back on-line within the subsequent three months, is the primary of its variety in Bangladesh.
“We wish to use the electrical energy from the challenge exercise after sundown. Thus, we now have added storage capability there,” mentioned MR Jamil, government director of Akij Glass Industries. pv journal. “Solar energy will save a number of manufacturing prices in our manufacturing unit.”
IDCOL additionally permitted a mortgage for Akij Jute Mills to arrange a 5.89 MW rooftop photo voltaic system in Jashore and Gopalganj districts. In addition, Karim Group has secured loans to construct 15 MW of rooftop photo voltaic and 6 MW of ground-mounted photo voltaic vegetation at 4 textile and jute factories.
“As the mortgage is permitted, we’ll begin building and … carry the techniques on-line in December,” mentioned Nazrul Islam, common supervisor of Karim Group.
The predominant cause the corporate selected photo voltaic is as a result of it helps save manufacturing prices and offers uninterrupted electrical energy throughout the day, Islam mentioned.
Bangladesh at the moment generates 1,310 MW of inexperienced electrical energy, together with 1,076 MW of photo voltaic. The rooftop photo voltaic techniques produce about 190 MW of electrical energy.
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