Solar Technology Development Prospect and Economic Potential

A large number of studies have estimated the future potential of renewable energy technologies, both in terms of the technically feasible energy output that could be secured from each technology type, and the economic potential, taking into consideration cost and other limiting factors. 

Precise terms and definitions differ, but it is important to distinguish a number of key concepts, most of which are common to all studies: 

Available resource refers to the total amount of different forms of renewable energy available for extraction – for example the energy in ocean waves, or solar isolation levels. For several technologies (essentially solar, wind, tidal, wave and biomass), UK available resource is very large indeed. 

Technical potential (also referred to as accessible resource) refers to the amount of energy that might be extracted from the available resource, using known technologies. Again, for a number of technologies, technical potentials are very large primary energy consumption several times over. 

Practicable potential (also referred to as practicable resource) refers to the amount of the technical potential that might reasonably be accessed, taking into account various technical and physical limiting factors such as competing land and ocean use and often includes further limitations, such as electricity grid and system constraints. 

A closely related concept is accessible potential. Practicable resource is more difficult to assess in the long term, since many constraints may change over time as technologies progress, or reflecting different political/societal priorities. For the latter reason, it also tends to show significant variation between studies in different parts of the world. 

Economic potential refers to the amount of accessible potential that is economically viable, given current technology, or with future, better and cheaper technologies. Economic potential depends upon the cost of alternative/competing energy sources. It is important to note that policy may influence both the development of renewable and the cost of conventional competitors. 

Solar industries developed of the Bangladesh

The company adheres to the business objectives of ‘’science and technology innovation, industry leadership, first-class quality, efficient service’’ to read the international trend of the production technology development and application of efficient solar products, and commit to cerate a world first-class solar industry development and operation. With its powerful industrial investment and technology development strength, and close grasp of the world’s solar industry development trend, and the leadership of the world’s most advanced equipment and technology after long term preparation and development has made substantial progress in the solar product R&D and mature application of product development, etc, and now it has developed in to an enterprise with mature and complete sets of industrial development system in solar products 

 The company adheres to the principles of technology innovation, excellent products, high-quality and efficient services, and dedicates to environment protection and energy-saving, to provide solar energy products and services with outstanding cost-effective advantages to the society. Currently, with an international standardized factory of up to 20,000 square meters, investing, designing and construction 50 MW crystalline silicon solar modules with international advanced production technologies of modules and imported equipment for detection. The company mainly engaged in producing solar modules with high conversion rate. Selling solar modules in various specifications and power output, as well as solar power generation system and other solar energy application products to from a complete solar energy industry development chain, and create sound economic benefits, as well as creates social and ecological benefits and establish a good brand image in the industry and the society.

As a rising company in the worlds emerging industry, and with new equipment, technologies and products, as well as a wealth of talents, is vibrant and ambitious in pursuing excellence. With the most sincere enthusiasm, we will adhere to the core concept of “customer first, cooperation and sharing” conduct research and development and adopt the most advanced technology manufacturing the best products with a broad globalization view. Innovating and exploring, operating with good faith, creating the core competitiveness of solar industry, providing customers with quality products. Sound service making progress together with national and international friends, creating well-being for mankind’s survival and development. And making greater contributions to develop Bangladesh and the world’s energy- saving and emission-reduction cause. There is enough possibility of Joint venture investment in Bangladesh. Bangladesh is a land of possibility where commerce and business are extended regularly. Beside this the demand of fuel is increasing. If any organization invest in solar energy project will be profitable. Bangladesh government also shows his eagerness to local and foreign organization to establish in solar energy project.