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7 Reasons Why Businesses Should Switch to Solar Power |
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As the race for the Sustainable Development Goals (SDGs) began last year, many countries have started to make reforms in terms of new policies and investments. Out of the total 17 goals, the goal 7 which is ?Energy - Ensure access to affordable, reliable, sustainable and modern energy for all? is a key area developing countries need to focus on mainly due to two reasons. Firstly, power is required required for all sorts of activities such as business and education, and as a result, unsustainable and unreliable sources of power supply is a major constraint to a nation?s development. Secondly, using nonrenewable sources of energy emits tons of harmful gases into the atmosphere and ultimately accelerating the incidence of climate change. The Bangladesh government is also taking initiatives to popularize renewable energy sources. Although renewable energy is generated through various sources such as solar, wind and biomass, for now the Bangladesh Power Division is encouraging switching to solar power. Businesses are major consumers of energy and as more businesses are being set up, more power is being demanded day by day. Thus the Bangladesh Power Division has outlined 7 major reasons why businesses in Bangladesh should switch to solar power:
Although the country still has a long way to go to make a successful switch to solar energy, initiatives are being undertaken by the government to encourage its usage both in homes and businesses. Here is a picture of the inauguration of the Souro Bangla Mini Grid Solar Power Plant in the region of Narsingdi. It is developed by Souro Bangla Ltd. |
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14 Comments
Thank you so much for your feedback Rahul! :)
Posted 15-03-2016 06:35
Great initstive bybour neighbour Country Bangladesh. 7/7 valid reason to adopt solar :)
Posted 14-03-2016 21:22
Hello John. You're right! The economic downturn has slowed this transition to some extent and hopefully as of now, the popularity of solar power is on the rise again. Thanks for your feedback.
Posted 14-03-2016 01:44
Thank you Yvan. Businesses will not only save money in the long run but also contribute to the environment.
Posted 14-03-2016 01:40
Nice one, Syed! What I like the most is the implementation of tax rebate system. This movement is something that have always been suggested, since time immemorial. However, it becomes difficult due to a lot of economic reasons, alongside self-interest. Thus, this movement of the Bangladesh government will surely set a good example to other countries! Job well done!
Posted 13-03-2016 10:58
Keep it up!
Thats a real matter: businesses are willing to switch if they can make profit doing so.
Posted 13-03-2016 06:17
Hey Heonjun. Yes Chinese manufacturers played a key role in releasing affordable solar panels in to the market. Actually I read about this a while back on how Chinese companies helped one of Elon Musk's ventures 'Solar City'. Hopefully the solar power system market is gaining traction and will boom once again. Thanks for your valuable feedback. :)
Posted 13-03-2016 02:17
Hello Minjoo. You are absolutely correct. Budget still remains as the major concern for not adopting solar power systems which are still relatively expensive. As using fuels for generating power is a much cheaper alternative in the short run, many businesses are still reluctant to make the switch. Government grants and financing schemes for installing solar power systems will solve this problem to some extent. Thank you so much for your feedback. :)
Posted 13-03-2016 02:10
Hello Arushi. Yes! Many such initiatives are required in the coming years in order to make significant progress in the renewable energy sector. Thanks for your feedback. :)
Posted 13-03-2016 02:05
Thanks for your feedback Tanverjit :) Exactly. Businesses shifting to renewable energy will have a quicker impact than waiting for the adoption by several houses.
Posted 13-03-2016 02:03
Hi Syed, thanks for introducing the solar energy issues in Bangladesh. In my knowledge, solar panel industry has floundered worldwide due to the large government aid from the Chinese, seeking to foster the domestic renewable energy industry, which led to over production and over competition that ultimately ended with damage to other solar companies. I lately read that the industry has started to bounce back. It is good to see how the Solar energy receives attention in your country. Thanks for sharing!
Posted 12-03-2016 21:49
Syed, thanks for sharing reasons why companies need to use solar energy in Bangladesh. I guess the main premise is enough budget to support all companies implement solar panels. It is true that in the long term, solar energy can be provided in much cheaper cost. However, the money for buying and installing the panels is vey costly, and this degrades the morale of companies to use solar energy. Thus for the initiatives to gain success, the government will need to gain enough budget to support companies covering the initial cost. Keep up the good work :-)
Posted 12-03-2016 21:38
Glad to know about inauguration of the Souro Bangla Mini Grid Solar Power Plant. This and many more initiatives being planned by Bangladesh govt would surely help in reducing reliance on fossil fuels. Thanks for sharing.
Posted 12-03-2016 18:38
Huge amounts of power is consumed by the businesses each day . If they shift to the renewable energy, that would reduce the usage of non renewable resources which would further reduce the air pollution too.
Thanks for reporting.
Posted 12-03-2016 15:56