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HomeNews & ViewsA significant step forward for Bangladesh’s clean energy journey

A significant step forward for Bangladesh’s clean energy journey

The Country Director of the World Bank, Mr. Jean Pesme, along with a senior delegation from the World Bank Bangladesh office, visited the 6.05 MWp rooftop solar project at GPH Ispat Ltd., one of the largest industrial rooftop solar installations in the country, financed by IDCOL.

The delegation was accompanied by IDCOL’s Executive Director & CEO, Mr. Alamgir Morshed, and senior officials. During the visit, Mr. Pesme appreciated Bangladesh’s progress in scaling up clean energy and highlighted the importance of strong partnerships in achieving sustainable development.

IDCOL reaffirmed its commitment to accelerating renewable energy financing, especially in the rooftop solar segment. With a target of 1,150 MWp by 2030, IDCOL has already financed around 220 MWp, with a robust pipeline ahead.

This project reflects the growing role of the private sector in driving clean energy adoption, powering industries while reducing emissions.

A great example of collaboration between the World Bank and IDCOL in building a greener, climate-resilient Bangladesh.

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