Bangladesh Expands Solar Power Targets and Net Metering Policies
Bangladesh has updated its policy framework to significantly expand renewable energy, aiming to source 30 percent of its electricity from green sources by 2040. The strategic shift includes new net metering guidelines and expanded operational plans from major private sector conglomerates.
Bangladesh is accelerating its transition toward green energy with ambitious national targets designed to reshape the country's power generation landscape. Under the newly formulated Renewable Energy Policy 2025, the government has placed a special emphasis on scaling up solar power production to meet future energy demands sustainably. This comprehensive policy framework establishes definitive national benchmarks, mandating that 20 percent of the nation's total electricity demand must be fulfilled through renewable energy sources by the year 2030.
Building upon the 2030 milestone, the long-term energy strategy looks further ahead to the next decade. The policy sets a subsequent target to increase the share of renewable energy generation to 30 percent of the overall electricity demand by the year 2040. To achieve these substantial capacity expansions, the strategic framework incorporates dedicated provisions for decentralized generation, notably including a concrete plan to install 3,000 megawatts of additional rooftop solar power capacity across various facilities.
Complementing the generation targets, the regulatory environment for self-consumption and grid integration has also been formally updated. Under the Net Metering Guideline 2025, electricity consumers are officially permitted to utilize the power they produce on their own premises for their personal consumption needs. Furthermore, the updated regulatory structure enables these prosumers to seamlessly supply any surplus electricity generated from their installations back into the national utility grid.
Private sector participation is playing a critical role in supporting the nation's evolving renewable energy objectives and regulatory frameworks. Alongside governmental bodies such as SREDA and the NBR, corporate entities are actively realigning their operational strategies to engage with the green transition. Notably, Max Group has announced plans to broaden its corporate scope by expanding its business activities directly into the transformed energy sector.
