The state of the solar market in Bangladesh
Bangladesh is one of the leading economies in the world, according to the World Bank’s annual GDP report of 2019. The country’s energy sector has grown tremendously over the last 40 years. Today, 85 % of its population has access to electricity, thanks to one of the world’s most advanced domestic solar power programs.
Currently, Bangladesh’s solar capacity stands at 416 Megawatts. Considering that the country enjoys substantial solar irradiation levels, there is significant room for improvement. So, what is Bangladesh’s expected solar market performance as we look to the future?
Well, the government of Bangladesh recently released a strategic plan dubbed the National Solar Energy Roadmap. The plan’s objective is to put up 40 Gigawatts of solar energy by 2041. The draft explicitly states that 40% of this expected capacity must come from rooftop solar installations. The implementation of this plan will propel Bangladesh’s solar market to the next level while creating vast opportunities. As a solar installer or industry professional eyeing Bangladesh’s budding solar market, you should be excited about the future.
Bangladesh’s solar equipment production and supply capacity
Are you worried about the ease of access to solar equipment in Bangladesh? There is no need to worry because several equipment manufacturers and distributors operate within Bangladesh’s solar market. Still, you can easily import any solar equipment that may not be available locally.
The country boasts of several ports through which you can receive solar equipment from international markets. It also has a reasonably advanced transport and logistics infrastructure. Therefore, you can safely deliver equipment to your project site.
If you ever need to purchase solar equipment for a project in Bangladesh, the Solarfeeds family is here for you. Visit the inquiry page on our website and request a quote rather than spending valuable time chasing after good quotes. I can assure you that we’ve got you covered.
Lithium Ferro Phosphate Battery
What is a Lithium Ferro Phosphate Battery?
Lithium Ferro Phosphate Battery is also known as the Lithium Iron Phosphate Battery. There are two electrodes made of Graphite and Lithium Iron Phosphate.
Lithium-ion batteries have a discharge voltage of 2.5 Volts. The maximum output charge per cell is 3.65 Volts.
Lithium-ion batteries are widely used in electric vehicles and are the alternative to fossil fuels.
Applications of Lithium Ferro Phosphate Battery?
Lithium reserves are present in abundance in various parts of the world. Lithium Ferro Phosphate batteries are environmentally friendly and help to reduce the carbon footprint of the population. From Solar power storage to EVs, the Lithium Ferro battery market is expanding rapidly.
Solar Power: Power generated from the PV cells gets stored in the LiFePO4 cells with higher electrical potential. Cells are directly connected to the battery to use with the LEDs.
Electric Vehicles: One of the latest and big applications of Lithium-ion batteries is electric vehicles. Car manufacturers use LiFePO4 to increase safety and reduce weight per kW.
Domestic Energy needs: Lithium Ferro Phosphate batteries get used in home solar power storage. These batteries are highly safe and with low discharge rate.
Advantages of Lithium Ferro Phosphate Battery?
- Apart from being environment-friendly, Lithium Ferro Phosphate batteries have a long life.
- Elements like Lithium are present in large quantities on the earth. Therefore supply for production is not a problem.
- The cost of these batteries is lower than other types of batteries.
- Because of their chemical stability, LiFePO4 batteries are safer than other batteries.
- Nominal voltage is nearly the same as lead-acid batteries. That makes them compatible with many gadgets and power systems.
How does a Lithium Ferro Phosphate Battery work?
Batteries produce current by the movement of free electrons in the circuit. The chemical process inside the battery triggers when positively charged lithium ions move from the positive side to the negative side through the electrolytic solution. The movement of electrons starts in the circuit, and the current flows in the opposite direction of the electrons.
What are some top brands of Lithium Ferro Phosphate Battery?
Below are the top manufacturers of Lithium Ferro Phosphate Batteries in the USA.