Falling solar costs offer hope for power-deprived Bangladesh
by Rajesh Kumar Singh

Bloomberg    Translate This Article
2 October 2023

On 2 October 2023 Bloomberg reported: Falling solar power prices can help ease an energy crunch in Bangladesh, where an over-dependence on fossil fuels has drained foreign-exchange reserves and jeopardized electricity supplies, BloombergNEF said in a report. Solar on its own is set to become the cheapest source of power in the South Asian nation by 2025, thanks to declining technology prices, BNEF said in the report published Monday [2 October]. Global Good News service views this news as a sign of rising positivity in the field of science, documenting the growth of life-supporting, evolutionary trends.

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