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IDCOL promotes rooftop solar for knitwear manufacturers

FE REPORT | Tuesday, 12 November 2024




Infrastructure Development Company Limited (IDCOL) hosted a workshop on Monday to promote the adoption of rooftop industrial solar system among knitwear manufacturers.
The event took place at a city hotel, focusing on the advantages of integrating rooftop solar technology for members of Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA).
Generating electricity from rooftop solar installations is significantly more cost-effective than relying on traditional grid tariffs.
Consequently, financing such projects not only presents a sound financial strategy but also contributes to achieving Bangladesh's renewable energy targets.
Power, energy and mineral resources adviser Dr Muhammad Fouzul Kabir Khan, secretary of the economic relations division (ERD) and chairman of IDCOL Md Shahriar Kader Siddiky, IDCOL executive director Alamgir Morshed, World Bank Bangladesh country director Mr Abdoulaye Seck and Ms Stephanie Rieger, head of division, energy for south Asia at KfW, spoke on the occasion.