turnkey rooftop solar battery EPC contract price in Bangladesh

How much does rooftop solar cost in Bangladesh?

The levelised cost of energy (LCOE) from rooftop solar stands at Bangladeshi Taka (Tk) 5/kilowatt hour (kWh) (US$0.046/kWh) against the electricity tariffs of Tk9.9/kWh (US$0.09/kWh) and Tk10.55 (US$0.096/kWh) for industrial and commercial buildings, respectively.

Does Bangladesh Bank refinance rooftop solar projects?

While Bangladesh Bank’s green refinancing scheme is the least-cost financing vehicle, all eligible rooftop solar projects will not receive the refinance due to its limited funds of Tk4 billion (US$36.4 million) and the competition with 69 other environment-friendly projects.

Will new rooftop solar capacity save the Bangladesh Power Development Board?

New rooftop solar capacity of 2,000MW could save the Bangladesh Power Development Board between Tk52.3billion (US$476 million) and Tk110.32 billion (US$1 billion) a year. Awareness raising, capacity development of stakeholders and quality assurance of accessories will help build trust in rooftop solar.

Do rooftop solar companies have the capacity to change the status quo?

An analysis of different stakeholders of the rooftop solar sector demonstrates that only the nodal agency of the clean energy sector, the Sustainable and Renewable Energy Development Authority (SREDA) and EPC companies exhibit more than average capacity to spearhead a change from the status quo. The rest have less than average capacity.

How can we upscale the rooftop solar sector?

The study recommends six key levers to upscale the rooftop solar sector quickly and effectively. These are raising awareness, streamlining finance, policy and regulatory intervention, quality assurance, business models for utilities and capacity development of key stakeholders (Figure 1).

Can rooftop solar power save BPDB money?

We estimate that adding 2,000MW of rooftop solar capacity could help the BPDB save between Tk52.3 billion (US$476 million) and Tk110.32 billion (US$1 billion) a year by reducing generation and purchase of costly power. There have been some encouraging signs recently.

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As rooftop solar accessories are usually imported, the Bangladesh Bank and the National Board of Revenue (NBR) should declare rooftop solar a top priority and ease its LC opening process.

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We specialize in delivering turnkey solar solutions, from bid preparation to EPC execution, ensuring seamless project development that aligns with BPDB requirements.

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