The Bangladesh Sustainable and Renewable Energy Association (BSREA) has welcomed the government’s push to expand the country’s clean energy capacity, particularly its target of generating 10,000 megawatts of solar power by 2030.
In a statement, the industry body described the goal as a “timely and forward-looking” step aimed at strengthening energy security and supporting long-term economic stability.
The move comes as countries worldwide grapple with the fallout from a prolonged global energy crisis.
BSREA said increasing reliance on renewable sources such as solar power could help Bangladesh reduce its dependence on imported fuels, ease pressure on foreign currency reserves, and build a more sustainable energy system.
However, the organisation cautioned that success would depend heavily on the design of government policies. It stressed the need for a “win-win” framework that encourages private sector participation, warning that previous initiatives have fallen short due to impractical implementation strategies.
One such example cited was the target to install 3,000 megawatts of rooftop solar capacity by 2025, which has seen limited progress. According to BSREA, policy structures in that case placed excessive responsibility on private investors, hindering wider adoption.
Since the current administration took office, the association said it has been working closely with stakeholders to accelerate the deployment of solar, wind and other renewable technologies in response to ongoing energy challenges.
At a crucial stage in policy development, BSREA has called on the government to consult widely with industry participants before finalising new measures. It argues that realistic, investment-friendly policies will be key to attracting capital and ensuring targets are met.
The association’s president, Mostafa Al Mahmud, expressed optimism that with effective leadership and collaboration, Bangladesh can transition towards a more secure, resilient and environmentally sustainable energy future.