SOLAR GRID-TIED PROJECTS
Grid-tied solar projects generate electricity using sunlight during daytime and supply the generated electricity to the national grid, consequently increasing the capacity of the national grid and ensuring demand fulfilment for the subscribers. Shifting to solar grid-tied projects can save a massive portion of the GoB’s subsidy on fossil fuel for electricity generation and sustain national energy security. These projects will also facilitate the transfer and replication of substantial state-of-the art technologies from developed countries and ensure that Bangladesh follows a low-carbon growth path. IDCOL has financed its first solar grid-tied project, Sympa Solar Power Ltd, an 8 MW grid-tied solar project at Majhipara, Tetulia, Panchagar. The project is currently in operation.
BATTERY RECYCLING PROJECT
Recycling of batteries extracts lead from scrap battery repeatedly for reusing in new battery production. Thus the recovery of lead decreases the lead dispersion in the environment and preserves the mineral reserves for the future. The recycled lead can be used to meet the increasing demand of raw materials in the local battery industry. Manual recycling methods release large amounts of lead into the environment. Hence, such environment friendly recycling plant will ensure the reduction of the release of the harmful chemicals into the air. IDCOL has financed Panna Battery Ltd., a lead acid battery recycling plant with recycling capacity of 70 MT of used lead acid batteries per day.
SOLAR POWERED SOLUTION FOR TELECOM BTS
IDCOL has financed solar powered solution for 138 telecom BTSs in off-grid areas of Bangladesh. With over 3,000 BTSs located in off-grid areas, many of which suffer from frequent power outages, solar powered solutions provide a novel approach to provide continuous power to telecom BTSs, ensuring uninterrupted voice and data connectivity.
