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:

1. Receive tax rebates: Bangladesh government is planning to introduce a tax rebate system for businesses who will switch to solar energy.

2. Consistent energy bill: As the demand for energy goes up, the price of energy rises as well. But establishing a solar power system will allow businesses to have a consistent energy bill.

3. Save money: This is one of the most important factors why businesses would want to make the switch. Lower energy costs translates to higher profits and thus higher dividends for the shareholders.

4. Increase property value: Several researches have concluded that building with solar power systems have a higher property value and sell faster at a higher price. This is useful for property resale.

5. Reduction in carbon emissions: Businesses account for a significant portion of carbon emissions. Thus making the switch will also be beneficial for the environment.

6. Favorable branding as ?Green Business?:  Installing a solar power system reflects that a business is committed to supporting sustainability. Many consumers and communities are more likely to support businesses that are environmentally sustainable.

7. Reliable and low maintenance system: Solar power systems require low maintenance compared to traditional power system. Several systems come with a warranty as well. This also translates to lower hassle and cost savings for businesses.

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.