Prospects of Floating Solar Power Plant in Bangladesh

Abstract

As the demand for sustainable and renewable energy sources surges, solar power stands out as a promising solution to meet the escalating energy needs of Bangladesh. This research endeavors to outline the process of establishing a 10 MW floating solar power plant tailored to the unique geographical and environmental conditions of the country. The study extensively explores the advantages of opting for a floating solar power plant over conventional ground-mounted installations. The floating systems demonstrate superior power generation capacity, efficiently harnessing solar energy from direct sunlight and reflected light off water surfaces. By utilizing water bodies, such as rivers, ponds, and lakes, the solar panels benefit from enhanced cooling, thereby boosting their output efficiency in comparison to ground-mounted counterparts. This technology also helps preserve precious land resources, a critical factor in densely populated regions like Bangladesh. A thorough feasibility assessment was conducted by the research team to gauge the viability of implementing a 10 MW floating solar power plant in Bangladesh. Comprehensive modeling and analysis of key environmental factors, including solar irradiance, wind patterns, and water levels, were meticulously carried out to ensure the system's optimal performance and long-term sustainability. The proposed project aligns harmoniously with Bangladesh's commitment to curbing greenhouse gas emissions and transitioning towards a greener energy landscape. Economically, the research delved into a comprehensive cost analysis of the project, encompassing the initial capital investment, operational expenses, and potential return on investment. Leveraging available incentives and subsidies for renewable energy initiatives in Bangladesh, the study convincingly demonstrated that floating solar power plants offer a compelling economic case and present a financially viable alternative to traditional energy sources. The findings of this research illustrate a promising pathway towards widespread adoption of floating solar power technology in Bangladesh. The envisioned 10 MW floating solar power plant holds the potential to make substantial contributions to the national energy grid, effectively reducing the country's reliance on fossil fuels and mitigating the adverse impacts of climate change. In conclusion, this study presents a comprehensive blueprint for the implementation of a 10 MW floating solar power plant in Bangladesh, offering an eco-friendly, cost-effective, and efficient solution to meet the country's burgeoning energy requirements. Beyond Bangladesh, the research findings hold significant implications for other regions with similar geographical attributes, fostering a global shift towards a renewable and sustainable energy future. Keywords: Floating Solar, Design parameters, Floating Platform, ecosystem, renewable.