Solaric Limited, a leading industrial rooftop solar EPC company, proudly served as the title sponsor for the BUET EEE Cultural Day 2024. Held at the Electrical and Computer Engineering (EC) Building of BUET, the event provided an excellent platform for Solaric to exhibit its expertise in industrial solar projects.
At the Solaric stall, visitors, including students, faculty members, and invited guests, explored the intricacies of industrial solar power plants. The showcase included a miniature demo of the world’s largest rooftop solar solution, developed by Solaric for the Yang Wan Group at the Korean Export Processing Zone in Chittagong. This groundbreaking project boasts a production capacity of 50 MW.
As a renewable energy development company with headquarters in Singapore and a branch in Bangladesh, Solaric specializes in large-scale solar installations for industrial factories. The company offers both CapEx and OpEx financing models, ensuring flexible and cost-effective energy solutions for factory owners. Solaric is uniquely supported by OSIRIS, a private equity investor, further establishing its leadership in the Bangladeshi solar market.
Key representatives from Solaric at the event included:
- Mr. Didar Islam, Managing Director and Renewable Energy Expert
- Engineer Nazneen Akhter, Director
- Mr. AKM Shahariar, Senior Manager
- Mr. Faisal Hossain, Brand Manager
Driving Solar Adoption in Industries
Speaking at the event, Managing Director Mr. Didar Islam highlighted Solaric’s achievements and future plans. He shared:
"Solaric Limited is one of the leading solar EPC companies in Bangladesh, with operations spanning the USA, Singapore, and Bangladesh. Since 2009, we have been pioneers in home-based solar systems, shifting our focus entirely to industrial solar projects in 2017. To date, we have completed over 45 large industrial projects and are expanding into IPP projects with ground-mounted and floating solar plants."
Mr. Islam further emphasized the environmental and economic advantages of rooftop solar power plants:
"Industrial rooftop solar solutions offer the lowest possible installation costs, reducing electricity dependence by more than 50% while providing clean, green energy. Currently, Solaric operates a 123 MW industrial rooftop power plant, serving industries like garments, textiles, plastics, steel, and pharmaceuticals. We aim to add 300 MW in industrial and IPP projects by 2026, helping reduce reliance on conventional power sources and alleviating load shedding."
The event underscored Solaric Limited’s commitment to advancing renewable energy adoption in Bangladesh, cementing its position as a trailblazer in the solar energy sector.
