The Bangladesh Sustainable and Renewable Energy Association (BSREA) has called for prioritizing renewable energy to address the country’s ongoing energy crisis. The appeal was made at a press conference held at the National Press Club in Dhaka, where BSREA leaders highlighted that heavy reliance on imported fuels, rising global energy prices, and pressure on foreign reserves have created severe challenges. They noted that the government currently spends over Tk 200 crore daily in subsidies due to high LNG, coal, and oil prices.

BSREA President Mostafa Al Mahmud said renewable energy, especially solar power, is the most cost-effective and eco-friendly long-term solution but lacks adequate policy support. The association pointed out that import duties of 50–60% on renewable equipment and high tariffs on lithium-ion batteries hinder investment, while conventional energy sectors continue to receive subsidies. Citing examples from countries like India and Vietnam, BSREA argued that policy incentives can rapidly enhance energy security.

The organization recommended reducing taxes on renewable imports, introducing zero duty on lithium-ion batteries, ensuring low-interest financing, and expediting stalled solar projects to strengthen Bangladesh’s energy resilience.