Huawei, BGMEA join hands to address energy crisis

Staff Reporter :
The leading global ICT infrastructure provider Huawei has signed a Memorandum of Understanding (MoU) with BGMEA with a view to taking steps to address the current energy crisis and move towards a greener Bangladesh.
Bangladesh as well as the whole world is now going through a turbulent period due to fossilized fuel and gas crisis. In such a backdrop, it has become more important than ever to move forwards for an alternative energy sources and strive for a greener Bangladesh by shifting the focus on green energy options like solar panels.
Realizing this, BGMEA has joined hands with
Huawei for exploring green energy solutions. Faruque Hassan, President of BGMEA and Pan Junfeng, CEO of Huawei Technologies (Bangla-desh) Limited signed the MoU on behalf of their respective entities at BGMEA Complex in Dhaka on Sunday.
Under this agreement, Huawei and BGMEA will work together to help the garment factories become ‘green factories’ by capitalising to green source of energy.
Huawei will be setting up solar power plants in the BGMEA enlisted factories following two modules – Opex and Capex. In the Opex module, factory owners will be able to enjoy less tariff rate than grid electricity. On the other hand, under the Capex module (1), Factory owner will make a long-term payment agreement with the Investor. After payment completed, Solar panel system belong to factory owner.
There will also be another arrangement (Capex module 2), where factory owners will invest by themselves to set up rooftop solar system and can save electricity consumption by using solar energy. In both cases, BGMEA will regulate the processes and bridge the communication between Huawei and factories.
Meanwhile, the scope of this memorandum will also allow Huawei and BGMEA to build more than 2GW of solar rooftop system in garments industries, which will altogether generate probably 2600 GWh of clean electricity per year, minimizing the pressure on grid electricity and helping the country to deal with ongoing energy crisis.
The system will also help factories to avoid 1.40 million tons of CO2 per year, which amounts to planting around 2.14 million trees. Such an initiative will help the industry to reduce its dependency on fossil fuel to a great extent and at the same time, the factories can save money by enjoying electricity tariff at a cheaper rate.