Renewable energy resources for green development in Bangladesh: Perspectives, challenges, and opportunities

Energy is a substantial element in the sustainable development of nations, as global energy consumption increases along with population growth. Fossil fuel combustion results in the atmospheric dispersion of greenhouse gases, which leads to global warming and climate change. Integrating renewable energy sources into electricity generation can help tackle climate issues. This study aims to provide an overview of Bangladesh's current renewable energy capacity and predict its future potential. This review focuses on Bangladesh's ability to harness solar, wind, and bioenergy resources, reducing reliance on hydropower. Bangladesh's current renewable electricity generation capacity is 950 MW, which has the potential to meet the electricity demands of off-grid regions in the country. This study explores the challenges encountered in the establishment of renewable energy technology in Bangladesh and provides recommendations for overcoming them. This article proposes policies and strategies to increase funding for renewable energy production, energy efficiency, and green technology innovation to encourage wider adoption of renewable energy. This study provides investors, shareholders, researchers, and public and private sector decision-makers with valuable insights into renewable energy in Bangladesh to improve their understanding of renewable energy possibilities and guide sustainable and green development.