Bangladesh has made significant strides in electrification, achieving 100% coverage by 2022. The country is now focusing on renewable energy to meet its growing power demands sustainably. Opportunities exist in solar energy projects, as the nation aims to balance energy needs with climate change mitigation efforts. Recently, the Bangladesh government declared 15-year tax holidays in the Renewable energy sector.
However, challenges such as policy implementation, financing, and technological adoption persist. Collaborations with international investors and the adoption of innovative technologies are essential to overcome these hurdles and transition towards a greener energy landscape.
