Aii funded this project to accelerate the shift to renewable electricity in textile manufacturing by addressing key barriers such as the lack of technical knowledge, high perceived risk, and limited access to financing. The project focuses on de-risking solar PV investments and building a pipeline of bankable projects that can unlock large-scale emissions reductions.
This project supports the development and implementation of solar photovoltaic (PV) systems across 30 textile and apparel facilities in Bangladesh. The approach includes factory selection and onboarding, detailed data collection and load measurement, techno-economic assessments, system design, and development of investment-ready business cases. GIZ also facilitates matchmaking with technology providers and financiers, supports procurement and implementation processes, and provides digital monitoring and training to enable long-term adoption of renewable energy solutions.
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This solution has very high scalability as it addresses a major decarbonization lever across the textile value chain -renewable energy - with significant untapped potential in Bangladesh and other manufacturing regions. By combining technical assessments, financial modeling, supplier matchmaking, and capacity building, the project directly tackles key barriers to solar PV adoption, including perceived risk, lack of knowledge, and limited access to financing.
