Bangladesh’s energy transition is shifting from intent to execution. The latest analysis benchmarks our progress against regional peers and global investment flows, offering a practical map for faster, cheaper, cleaner power.
𝙒𝙝𝙚𝙧𝙚 𝙬𝙚 𝙨𝙩𝙖𝙣𝙙
• On-grid renewables have expanded decisively—from 275.52 MW (2015) to 1,039.34 MW (2024), a 277% rise. Off-grid shrank from 198.16 to 144.96 MW (−27%). 𝙄𝙢𝙥𝙡𝙮: scale through the grid, not diesel gensets.
• On-grid renewable generation more than doubled—833.78 → 1,739.97 GWh (2015–2023).
𝙂𝙡𝙤𝙗𝙖𝙡 𝙩𝙖𝙞𝙡𝙬𝙞𝙣𝙙𝙨
Investment is following the physics: worldwide clean-power capital rose from SUSD 343B (2015) to 771B (2024), while fossil funding fell. China’s clean investment jumped USD 110B → 327B (2015–2025); the US and EU also show strong shifts toward renewables, grids, and nuclear. 𝙄𝙢𝙥𝙡𝙮: capital is available for credible, de-risked projects.
𝙇𝙚𝙨𝙨𝙤𝙣𝙨 𝙛𝙧𝙤𝙢 𝙧𝙚𝙜𝙞𝙤𝙣𝙖𝙡 𝙥𝙚𝙚𝙧𝙨
Grid-centric build-outs triple renewable output (Nepal: 3,477 → 11,314 GWh, 2015–2023), while countries delaying grid and storage integration face volatility and curtailment.
𝙁𝙞𝙫𝙚 𝙧𝙚𝙘𝙤𝙢𝙢𝙚𝙣𝙙𝙚𝙙 𝙢𝙤𝙫𝙚𝙨 (𝙞𝙣𝙛𝙤𝙧𝙢𝙚𝙙 𝙗𝙮 𝙑𝙤𝙡.2)
Green capital, on Bangladesh terms: Establish a blended “Green Investment Facility” with guarantees, insurance and green bonds to lower WACC and crowd-in IPPs. (Vol.2)
Grid + storage first: Fast-track transmission corridors, utility-scale batteries and smart-grid controls to integrate variable RE and cut curtailment. (Vol.1)
Land & data discipline: Unlock Khas/industrial land and use GIS to prioritise high-yield sites (solar, coastal wind) and compress permitting. (Vol.1)
Industry solar-plus-storage: Replace diesel/gas back-ups with rooftop/ground-mount + storage; reward peak-shaving via tariff and fiscal incentives. (Vol.1)
People & supply chains: Build skills in EPC, O&M and grid IT/OT; localise components where feasible to reduce FX risk. (Vol.2)
𝘁𝗵𝗲 𝗽𝗮𝘁𝗵 𝗮𝗵𝗲𝗮𝗱
Bangladesh has already proven it can scale on-grid renewables. The next leap is execution discipline: bankable pipelines, predictable procurement, grid readiness and land clarity. Aligning policy, finance and infrastructure will convert megawatts into competitiveness—and competitiveness into resilience for households and industry alike.
Full Article: Beyond Fossil Fuels: Charting Bangladesh’s Clean Energy Horizon — Volume 2
