Exciting news for Bangladesh! A recent report by BloombergNEF reveals that solar power is set to become the most affordable source of electricity in the country. This shift is a game-changer as it will not only improve energy security but also save foreign currency reserves and reduce local pollution.
By 2025, solar power will outshine coal and gas, thanks to falling technology costs. By 2030, solar combined with batteries will offer even more cost-effective energy, with onshore wind following suit by the mid-2030s. Renewable energy is on the rise, promising economic and environmental benefits for Bangladesh’s future.