Infrastructure Development Company Limited (IDCOL) organised a workshop on installation of rooftop industrial solar system at a hotel in Chattogram on Tuesday. Alamgir Morshed, Executive Director & CEO of IDCOL, and Mahbubul Alam, President of CCCI, were present at the event. Infrastructure Development Company Limited (IDCOL) organised a workshop on installation of rooftop industrial solar system at a hotel in Chattogram on Tuesday with a view to promoting rooftop solar technology among the members of Chittagong Chamber of Commerce and Industry (CCCI), says a press release.
The cost of electricity generation from solar rooftop is cheaper than that of grid tariff. Thus, financing such kind of projects makes financial sense apart from achieving the country's target of renewable energy-based power generation.
Alamgir Morshed, Executive Director & CEO of IDCOL, and Mahbubul Alam, President of CCCI, were present at the workshop.
The government has a target to generate 4,200 MW of electricity from renewable energy source by 2030.
Alamgir Morshed, Executive Director & CEO of IDCOL, said, "Under renewable energy projects, IDCOL not only provides low-cost financing to various organisations, but also provides technical support for quality equipment purchase and capacity building to the organisations, which is very important for the development of this sector."
"It is estimated that Bangladesh has a potential of generating more than 4,000 MW of electricity from rooftop solar energy. IDCOL has set a target to finance 300 MWp rooftop solar projects by 2025," he added.
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