Bangladesh

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.   

Manufacturers

In the simplest terms, manufacturing is the process of producing actual goods or items/products through the use of raw materials, human labour, use of machinery, tools and other processes such as chemical formulation. This process usually starts with product designing and raw material selection, turning them into an actual product output. 

Solar Products Manufacturers and Factories

In terms of solar, manufacturing encompasses the fabrication or production of materials across the solar market chain. The most common product being manufactured by solar companies are the solar photovoltaic (PV) panels, which are made with several subcomponents such as solar wafers, cells, glass, back sheets, and frames. Before a solar panel comes into life, it will undergo a lot of processes, from designing, modelling, choosing what raw materials to use and then assembling them all to make the final product.

More Than Just Solar Panels

Aside from the solar panels, solar companies have many other manufactured products that are required to make solar energy systems work smoothly, like solar inverters, batteries, combiner boxes, and racking and tracking structures.

Having a solar manufacturing sector makes a big difference in supplying affordable solar energy in different areas. Aside from maintaining the rising domestic and global demand for cleaner and renewable energy, they also help the economy grow, particularly the solar industry. If you are in search of a reliable solar manufacturing company, checking out our solar outsourcing company, SolarFeeds, would help you get easy access to reliable information, news, data and a list of solar manufacturers that can help you with solar products.